[] I’m not sure how much benefit I get from running this blog. I haven’t really made any money on Intrade since starting the blog this spring. In retrospect, at least part of my motivation for making the Olympics bet was to write about it here, which certainly is a distorting influence on my decision-making. The Slate article I was interviewed for in the summer got spiked. And apparently my readers are a bunch of dicks.
This is sad.
- Ben Shannon has developed an original form of (subjective) prediction market journalism, and I was interested to see where it would go.
- If blogging distorts your inner decision making, that’s because you can’t keep your ego in check. Ben Shannon (who is in his twenties) is probably yet too green.
- It is an error to blog in order to make money. Your business model should be dual: With the left hand, you give away something for free (e.g., your prediction market analysis), and with the right hand, you sell something else (something that has scarcity) to a bunch of customers.
Previously: Could we have divined that Chicago was a lemon?
