Libertarian journalist John Stossel explained InTrade’s prediction markets, and forgot BetFair.

ABC News, in 2008:

About Chris F. Masse

Founder and President of Midas Oracle
This entry was posted in Analysis (Meta), Betting, Collective Forecasting, Collective Intelligence - Wisdom Of Crowds, Exchanges & Markets and tagged , , , , , , , , . Bookmark the permalink.

One Response to Libertarian journalist John Stossel explained InTrade’s prediction markets, and forgot BetFair.

  1. Paul Hewitt says:

    I thought it was the trailer for “Wisdom of Crowds – The Movie”. Ridiculously poor “journalism”. Imagine, touting prediction markets to predict earthquakes. Panos must have cringed when he heard the guy say “prediction markets got them all right.” The only thing missing was a note telling viewers how to get their free booklet, “How to Make a Fortune in Futures Trading.”

Leave a Reply