Monthly Archives: November 2008

Blah, blah, blah, blogs. Blah, blah, blah, my blog. Blah, blah, blah, the bloggers. Blah, blah, blah, blogging.

An Internet marketing professional: Today, we publish and consume more content faster than ever before. WordPress has become the new FrontPage. Web sites are now blogs. E-mail and newsletters have been replaced by RSS. Micro-blogging applications such as Twitter have … Continue reading

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Are collective intelligence solutions being oversold?

Xpree CEO Mat Fogarty: Chris, Management struggles to understand and plan for the future. When forecasts are inaccurate, corporations incur huge costs due to inventory write-offs, stock-outs, misallocated resources or cost of capital. Collective intelligence delivers objective, accurate forecasts in … Continue reading

Posted in All Best Posts Ever, Analysis (Meta), Business Administration, Collective Intelligence - Wisdom Of Crowds, Consulting, Explainers, Forecasting (Science & Practice) | Tagged , , , , , , , , , , | 2 Comments

My open question to Xpree’s Mat Fogarty

Mat, congrats for your expansion. – Will Jim oversell the predictive power of the enterprise prediction markets? All the other “business development” directors I see out there are overselling, in my view. -

Posted in Consulting, Internet Marketing - Internet Commerce | Tagged , , , , | 2 Comments

No more margin trading at InTrade

Sudden decision. [Spot the mistake in the date at the top of that webpage.] Todd’s not happy. -

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Are prediction markets useful?

According to Alan Abramowitz, John Tierney has been “greatly exaggerating the accuracy of the betting markets.” “They follow the polls. That’s it.” – - My comment to Alan Abramowitz and John Tierney: “They follow the polls. That’s it.” Yes, they … Continue reading

Posted in All Best Posts Ever, Analysis (Accuracy & Precision), Analysis (Meta), Collective Intelligence - Wisdom Of Crowds, Exchanges & Markets, Forecasting (Science & Practice), Market Prices & Probabilities, Prediction Journalism | Tagged , , , , , , , , , , , , , | 3 Comments

Giving Thanks

- – Thanks to my readers. – Thanks to InTrade, BetFair, NewsFutures, HubDub, etc. – Thanks to Robin Hanson, David Pennock, Lance Fortnow, Jason Ruspini, Mike Giberson, David Perry, Adam Siegel, Emile Servan-Schreiber, Nigel Eccles, Chris Hibbert, Panagiotis Ipeirotis, George … Continue reading

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Andrew Goldberg laments the narrow range of political prediction markets at InTrade.

Yet another blogger who is bound to discover HubDub. Unlike InTrade, HubDub is universal. -

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“Still, as noted, it was a good election for [the] prediction markets and another piece of evidence of their superiority over the pundit[s] (and at least parity with the poll).”

Dixit Nigel Eccles in a comment. – at least parity with the poll – I agree with the above. – their superiority over the pundits – What documented evidence do you have about that, mister the cocky entrepreneurial Scotsman? John … Continue reading

Posted in Analysis (Accuracy & Precision), Exchanges & Markets, Forecasting (Science & Practice), Market Prices & Probabilities | Tagged , , , , , , , , , , | 2 Comments

OPEN WEB AWARDS: The deck is stacked against HubDub.

Mashable put HubDub in the “Social News” category —along with Digg. HubDub will get crashed, of course. They should have put HubDub in a “prediction markets” category. -

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Yet another person outraged by the HubDub prediction markets on deaths and assassinations

Here. Outraged by that. Previously.

Posted in Analysis (Industry), Ethics, Exchanges & Markets | Tagged , , , | 8 Comments