Category Archives: Analysis (Data)

The Interdependence of Prices and Gold

I gave a talk on Thursday night at the New York Investing Club meeting. The basic points: Gold does well when real rates of return are low. Real rates describe the price of gold much better than inflation alone. This … Continue reading

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The election night on BetFair – [CHART]

UK’s General Election 2010:

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Nate Silver rates New York City’s neighborhoods… and Jason Ruspini objects.

Nate Silver rates New York City’s neighborhoods. Jason Ruspini: The piece is problematic insofar as it underweights proximity to areas where people work, which results in high ratings for distant neighborhoods and low ratings for central ones, on top of … Continue reading

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The stock market is stochastic.

Randomness is predictable.

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Hans Rosling: Does your mindset correspond to my dataset?

Talking at the US State Department this summer, Hans Rosling uses his fascinating data-bubble software to burst myths about the developing world. Look for new analysis on China and the post-bailout world, mixed with classic data shows.

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iPredict New Zealand = good predictor

Via the NZ economist

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Who has the best analysis for Chicago’s failed bid for the Olympics?

Prof Michael Giberson: I think the “small, secretive committee” explanation is weak []. Bradbury does an excellent job sifting through the shifting coalitions revealed in the three rounds of IOC voting. Neither Madrid nor Toyko showed any significant ability to … Continue reading

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The truth about CrowdClarity’s extraordinary predictive power (which impresses Jed Christiansen so much)

Paul Hewitt: At first blush, it appears that we finally have a bona fide prediction market success! If we’re going to celebrate, I’d suggest Prosecco, not Champagne, however. There are a number of reasons to be cautious. These represent only … Continue reading

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Finally, a positive corporate prediction market case study… —well, according to Jed Christiansen

Jed Christiansen: To recap, the prediction market beat the official GM forecast (made at the beginning of the month) easily, which isn’t hugely surprising considering the myopic nature of internal forecasting. But the prediction market also beat the Edmunds.com forecast. … Continue reading

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Wanna know more about Panos Ipeirotis’s paper on prediction markets of prediction markets?

His co-author is here, telling his side of the story. #2. There is indeed a lack of high quality statistical research on prediction markets. I have seen published papers doing terrible things like regressing prices from one prediction market on … Continue reading

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