It's Monday, December 13th. Welcome to Marketfoolery. I'm Chris Hill with me today, Jason

Moser. Good to see you.

Howdy, howdy.

We've got portfolio strategies to discuss, and yes, we're going to talk about the Palatine

ad, but we have two quick items from the automotive world to get to. Let's start with Harley

Davidson shares up nearly 20%. After announcing the company is merging its electric motorcycle

unit, which is live wire, they're going to merge that with a SPAC. So live wire is going

to have an enterprise value of about $1.8 billion. It's going to trade on the New York Stock

Exchange under the ticker LVW. Putting aside the SPAC route is this is Harley Davidson,

a 20% better company today as a result of this move. I'm trying to understand this move.

Well, I would say probably not, but it does create, I think, but potentially an interesting

opportunity for investors. I think you have to look past. There are a couple of poor performances

that you have to really look past. First, we look past the poor performance of SPACs here

recently, right? The generally the glass half empty perspective on them right now. I mean,

that's understandable in a lot of cases, right? I think a lot of these SPACs have ever

in that skepticism. But then you also have to look past, I think, Harley Davidson's stock

performance as well. I mean, this is not a company where it's paid to be an owner over

the last five years, stocks down going into today. I think around 20%. So this might have

it just about even over the last five years break, even but I mean, the market's outpasted

over that stretch considerably. So it's not been the greatest investment in the world,

obviously. And I think what this does though, the SPAC situation, while many of them are

in a bad place, they do give you the occasional opportunity to become an owner of what one

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