NASSIM NICHOLAS TALEB: Prediction markets are for fools. They might work for a binary election, but not in the Fourth Quadrant. Posted on September 16, 2008 by admin Related PostsRobin Hanson sends Nassim Nicholas Taleb back in the locker room, and John Delaney does the same with Jason Ruspini.Nassim Taleb says we will have soon another crisis that will make the current one looks like a picnic. – [VIDEO]QUESTION TO THE READERS: Could anyone guess what Nassim Nicholas Taleb would think of the prediction markets?
Yeah…in truth I may have about as much tact as he does.