Whether you think prediction markets are miraculous indications of the wisdom of the crowd or just fun betting markets is sort of beside the point. Nor does it much matter if the markets are accurate or vulnerable to speculative manipulation. What’-s key is that by hedging a tax increase, you are taking out a little insurance against that heaven-help-us event.
I didn’-t know that. (They also own Investopedia.)
And now Forbes are selling ad spaces for Real Clear Politics and 400 other politics blogs, thru their “-Forbes Audience Network”-. They sent me an e-mail, last year, to get us in their network. But a close look at their proposed contract showed that they would offer only 40% for Midas Oracle —-whereas the other ad networks would offer 60%.
By the way, I’-ll tell you later about my master plan to develop Midas Oracle…-
UPDATE: More info from Paid Content and Silicon Alley Insider (Ad Networks Are For Losers)…-
Previous blog posts by Chris F. Masse:
- Last year’s best April Fool’s Day Joke had something to do with the Wisdom Of Crowds.
- Will HedgeStreet USA, the hypothetical InTrade USA, and the hypothetical TradeFair USA, be regulated in the future by a merged SEC+CFTC regulatory structure?
- WORST THAN ELIOT SPITZER (if it were possible): Formula One boss, Max Mosley, had sado-masochist sex with 5 prostitutes, for 5 hours (!!), reenacting a concentration camp scene (!!) in which he played the role of both Nazi guard and inmate.
- Is BetFair Poker a booby trap for the gullible novices? Does The Sporting Exchange (the operator of the BetFair brands) help gangs plucking down innocent recreational poker players?? To get an inkling, don’t read The Guardian, seeded by the BetFair spin doctor- read Midas Oracle.
- The video that the technologically retarded BetFair spin doctor should watch.