End users of internal prediction markets obsess too much with insider trading.

Jason Ruspini:

Overall, Consensus Point put together a very good, focused conference targeted to corporate PM practitioners. 

I am always a little surprised by how concerned people are about insider trading and corporate PMs. People are often confused and intimidated by securities laws, but the main issue here is just that a market price disseminates information within the firm which increases the likelihood of an employee acting on that information in an open securities market. First, this is clearly not a problem with the internal market as such. Second, the potential of employees stealing and acting on information is mitigated by using non-market info aggregation mechanisms.

Jason Ruspini is back in the game!!! :-D And I saw that he is working on a draft, inside the WordPress system. I can’t wait to read more from him!!

About Chris F. Masse

Founder and President of Midas Oracle
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