Prediction Markets + Market Predictions = Collective Forecasting That Pays Off

Author Archives: Chris F. Masse

2010 State of Entrepreneurship Address

http://www.kauffman.org/

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How Paul Volcker will save the world

Paul Volcker:
The specific points at issue are ownership or sponsorship of hedge funds and private equity funds, and proprietary trading — that is, placing bank capital at risk in the search of speculative profit rather than in response to customer needs. Those activities are actively engaged in by only a handful of American mega-commercial banks, [...]

In the universe of Steve Jobs, personal vision trumps the wisdom of the crowd. He’s ready when he thinks we’re ready.

New York Times:
Great products, according to Mr. Jobs, are triumphs of “taste.” And taste, he explains, is a byproduct of study, observation and being steeped in the culture of the past and present, of “trying to expose yourself to the best things humans have done and then bring those things into what you are doing.”
His [...]

CrowdCast is an enterprise software platform that helps companies make better forecasts by tapping the knowledge stored in their employees.

Interview

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BetFair’s Mark Davies is (finally) blogging.

Two years ago, I wrote that the man should go blogging. Done. Finally.
A view from opposite Harrods –> http://markxdavies.blogspot.com/
Truly interesting. Bookmark. Subscribe. Read.
Via Crowded Voice

Jean-Michel Jarre

How to bet on Smarkets

http://smarkets.com/

BetFair apologizes to Niall O’Connor… and the other traders affected by the site outage.

BetFair Forum:
Betfair would like to apologise for the unplanned site outage that occurred earlier this afternoon [Monday, January 25, 2010]. The cause of this problem is currently being investigated by our technical team. A list of affected markets will be posted shortly [here].
Once again please accept our apologies for any inconvenience this may have caused.
Will [...]

Should Adam Siegel change the name of his prediction market company?

Another “Inkling” is in the news.

New NewsFutures prediction exchange in France

http://predipol.newsfutures.com/ — play-money
And Today’s Le Figaro features prediction markets, Emile tells me…
«Du coup, assure Émile Servan-Schreiber, on ne lit plus les articles de la même manière, un peu comme un analyste financier qui traque l’info pour ensuite s’en servir dans ses recommandations d’investissement.»