In an upcoming post, we will review the strengths and weaknesses of these thinly traded prediction markets…-
We are terrified. We’-re pissing in our slip.
Previously: Prediction markets are forecasting tools of convenience that feed on advanced indicators.
UPDATE: Barry Ritholtz comments…-
Never fear the truth, son…- it shall set you free.
UPDATE: Why Prediction Markets Fail – by Barry Ritholtz