Tag Archives: head

Don’t trade on the VP predictions markets. — Don’t bet on Hillary Clinton as VP. — Don’t listen to betting bloggers who tell you that Hillary Clinton has a chance to be on the Democratic ticket. — Don’t believe in “vice presidential selection committees”. — Select well your primary, advanced indicators. — Choose your bets carefully.

The topic of this post is: Betting & Information – - #1. Don’t trade on the VP predictions markets. I have stong reservations about those VP prediction markets. Only 2 men in the world know what is going to happen: … Continue reading

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Decision Markets and Futarchy are solutions in desperate search for a problem to solve and for their early adopters… and that may stay that way well after Robin Hanson’s head gets cryogenized.

- Robin Hanson: [...] We rarely seek out advice, and when we do it is usually on much smaller decisions. [...] One reason we avoid getting advice is that it lowers our status relative to those who give advice. Of … Continue reading

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“I’m very concerned with the international situation and what’s happening in Tibet.”

- International Olympic Committee head Jacques Rogge – Olympics @ Wikipedia – - – Contract Rules – This contract will settle (expire) at 100 ($10.00) if there is an official boycott of the 2008 Olympic games in Beijing announced before … Continue reading

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TradeFair CEO’s career background

The Times (of London): An odd career move for Robin Osmond, who was head of JPMorgan’s corporate equity capital markets in Europe and has turned up as chief executive of Tradefair, Betfair’s spread-betting business. It might be taken as a … Continue reading

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Prediction Market Management — Foresight Exchange vs. Inkling Markets & HubDub

This is a follow-up post. — Ken Kittlitz (the head of the Foresight Exchange) to me: You’re correct, the owner of an FX claim must find a different FX player to act as the judge. This is largely to ensure … Continue reading

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Midas Oracle readers = information workers

Bill Gates (the head of the Evil Empire): The skills you need to succeed One of the most important changes of the last 30 years is that digital technology has transformed almost everyone into an information worker. [...] I also … Continue reading

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BetFair’s Global Warming Prediction Markets

As you have seen, Niall O’Connor posted about BetFair’s Global Warming prediction markets, yesterday, Wednesday. I searched the Web and couldn’t find their announcement. So I e-mailed Robin Marks (the Head of the Media Department at BetFair), and he was … Continue reading

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Prediction markets or insider trading could reveal information hidden from upper management

Larry Ribstein suggests that at least some of Boeing’s troubles with the 787 might have been avoided if either insider trading was permitted in Boeing’s stock or the company was operating internal prediction markets focused on project completion. The quotes … Continue reading

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Just like Rush Limbaugh and Bill O’Reilly, Roger Ailes, the head of the Fox Financial Network, is a total, complete and definitive nut.

Joe Nocera of the liberal New York Times (+ page two): When I spoke to [Roger Ailes, the head of the Fox Financial Network], he was no less inflammatory. [Speaking of their competitor, CNBC...] “They’ve decided recently that America is … Continue reading

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Does betting exchange BetFair handle more daily trades than the New York Stock Exchange?

No, but BetFair might well be the world’s third financial exchange in terms of transaction volumes (which is a secondary metrics, of course). Steve Roman (who works in NYC’s financial industry) attracted my attention to this line from The Los … Continue reading

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