Category Archives: prediction markets

The Wisdom of Crowds

There are pundits, and then there are prediction markets. And as a general rule, any prediction market is going to be smarter than any pundit – even especially when the pundit is a blogger with no real money on the … Continue reading

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InTrade Plays of the Day

Tyler Cowen recommends shorting Thompson: Friday I heard Fred Thompson talk for three minutes, he was so terrible I had to leave the room…. Most of all he has rotten diction (odd for a former actor), plus he had no … Continue reading

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A Brief History of HSX

Ten years ago, I was working in an office on Wall Street with a small group of writers called the Teenage Mutant New Media Turtles. Officially, we were writing economic commentary for high net worth individuals to subscribe to on … Continue reading

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