The prediction markets deserve a fair trial.

Niall O’Connor:

Sadly, from our analysis, the impression that one gets is of a market that is spooked by poll results; driven by stale news; and heavily influenced by gossip and rumour.

Questions:

  1. Could Lord O’Connor cite the name of a more accurate forecasting tool?
  2. Could Lord O’Connor publish his own track record at predicting the US and British elections?
  3. Could Lord O’Connor give one example of an infallible human institution?
  4. Could Lord O’Connor state publicly whether he believes in knowing the future in advance with 100% accuracy? (If yes, then I’ll suggest to the CIA to hire him to get Bin Laden.)

Previously: Prediction markets are forecasting tools of convenience that feed on advanced indicators.

About Chris F. Masse

Founder and President of Midas Oracle
This entry was posted in Analysis (Accuracy & Precision), Analysis (Meta), Exchanges & Markets, Forecasting (Science & Practice) and tagged , , , , , , , . Bookmark the permalink.

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