Monthly Archives: December 2009

Crony capitalism at the heart of the financial system

“Simon Johnson, an economist at the prestigious Peterson Institute in Washington, DC, [] has been leading the argument against overmighty banking.” Simon Johnson @ Wikipedia Simon Johnson’s blog = The Baseline Scenario – PageRank 8/10 – Wow.

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Time-Series Forecasting

- The different kinds of forecasting software —including time-series forecasting. – Some forecasting startups make use of the open source and/or SaaS models. I need your feedback on all this. Please, comment below, e-mail me, wave me, or tweet me. … Continue reading

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How Business Insider got it wrong with the Tiger Woods divorce cost odds

PaddyPower is a bookmaker, not a prediction exchange. Hence, the Tiger Woods divorce cost odds are computed by an analyst, not by the market. 1. It is not the “punters” who have fabricated the odds, but a PaddyPower employee. 2. … Continue reading

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The future of the prediction markets is on the smartphones.

If you don’t get that, you have nothing to do in the prediction market industry.

Posted in Analysis (Industry), Business, Internet Marketing - Internet Commerce, Inventions & Innovations, The Internet | Tagged , , , , , , , , , , , , | 1 Comment

Debunking Nouriel Roubini on the gold bubble

Debunking Nouriel Roubini on the gold bubble And, now, Peter Schiff:

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NBA’s David Stern does not oppose sports betting anymore — and his successor will favor it (maybe).

Sports Illustrated: I asked Stern if it is in the best interests of his league to seek legalization of sports betting. He sighed with his head down, as if to emphasize the gravity of what he was going to say. … Continue reading

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Good article about corporate forecasting in The Economist (circa February 2009)

The Economist / CFO.com: The usual trick of plugging figures from operating units into spreadsheets appeals to number-crunchers, but can often generate misleading targets, especially when conditions change fast. [...] Some companies have formalised this kind of approach by creating … Continue reading

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Crowdsourcing the US government

Analysis of the US President’s SAVE Award.

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Ron Paul guest hosts on CNBC’s Squawk Box for an hour.

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The scientific consensus and the scientific minority

Andrew Gelman’s post (How do I form my attitudes about scientific questions?) got me attracted to this Wikipedia page: In a standard application of the psychological principle of confirmation bias, scientific research which supports the existing scientific consensus is usually … Continue reading

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