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.
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UPDATE: Barry Ritholtz comments…
Never fear the truth, son… it shall set you free.
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UPDATE: Why Prediction Markets Fail – by Barry Ritholtz
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Never fear the truth, son . . . it shall set you free.