Prediction Markets + Market Predictions = Collective Forecasting That Pays Off

Author Archives: Chris F. Masse

Michael Lewis on CBS 60 Minutes: How the capitalism was almost destroyed by the capitalists in the Fall of 2008 – [VIDEO]

Download this post to watch the video embedded below —if your feed reader does not show it to you.
Watch CBS News Videos Online
Part 2:
Watch CBS News Videos Online
Felix Salmon review of Michael Lewis’s book, “The Big Short”.

Peter Schiff on CNBC Fast Money – [VIDEO]

March 9, 2010

Ron Paul – March 11, 2010

Jim Rogers:

Why you should *never* trust David Pennock when he brags about the accuracy of his predictions

He cherry-picks positive outcomes in hindsight, and he measures probabilistic predictions categorically and in isolation.
Don’t be fooled by any “research scientist”.

CrowdPark = collective forecasting in German

http://www.crowdpark.de/
Everything is explained in German on their blog. Sounds cool. It would be interesting to have an English version.

In light of the upcoming “bursting” of the Cantor Exchange, Max Keiser have regrets about creating the Hollywood Stock Exchange.

Max Keiser:
Joe Weisenthal drinks the Kool-Aide
http://www.businessinsider.com/how-the-cantor-exchange-movie-trading-platform-works-2010-3
The CFTC really should be called to account for launching something like this – while the fire is still burning on the various CFTC approved products/contracts responsible for the last two years of economy collapse…
But here’s what I think. Since every media outlet in the world is going to cover [...]

Max Keiser claims to have predicted the Lehman Brothers creative accounting thing.

MAX KEISER FOR PRESIDENT…!!!…

Cantor Exchange in the New York Times

Richard Jaycobs uses the adjective “tremendous”. But here’s what the journalo says:
But buyers beware: if “Avatar” is any indication, the public isn’t always so wise about Hollywood fortunes. Most users of HSX.com predicted a flop, and if those users had placed real money on the Cantor exchange, they would have taken a serious hit.
http://www.cantorexchange.com/
http://www.hsx.com/

American Civics Exchange has plunged into the death pool —it seems.

Tip from Andrew Golberg.

Wall Street 2: Money Never Sleeps. –> September 24, 2010

Full of clichés?

Wall Street 2 @ HSX –> Quite high flying.
The first trailer is hilarious:

About Wall Street 2:

Wall Street 1:

Frank Sinatra, “Fly Me To The Moon”:

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

ABC News, in 2008:

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