Tag Archives: Justin Wolfers

Though not a legal, registered financial advisor, Justin Wolfers hands out financial ‘advice’ to anyone who is foolish enough to listen. — [SCREENSHOT]

More. – “A financial adviser or stock broker should be licensed to provide any consultation on investment in securities.” -

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Paul Hewitt on the usefulness of the prediction markets — [ANALYSIS]

Paul Hewitt: I don’t think there is any question that the usefulness of prediction markets has been exaggerated. We don’t hear much from James Surowiecki anymore. So a few of those polled probably indicated that he doesn’t exaggerate the usefulness … Continue reading

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Philip Tetlock’s forecasting project is now open to non-US participants. — [UPDATE]

IMPORTANT: IARPA has removed the US citizenship requirement for survey participants. – Philip E. Tetlock et al.: Prediction markets can harness the “wisdom of crowds” to solve problems, develop products, and make forecasts. These systems typically treat collective intelligence as … Continue reading

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Have Robin Hanson, Justin Wolfers and James Surowiecki been exaggerating the usefulness of the prediction markets? — [SURVEY RESULT]

Here’s the result of the Kauffman Foundation poll: – UPDATE: Here’s an example (among many) of the grave problems with prediction markets, which are unreported by the media. – PDF document. – - – - – - – - – … Continue reading

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That’s a tough one… How would you have answered? — [POLL]

UPDATE: The poll result.

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John Delaney Obituary — [LINKS]

I’ve updated my original post, but I guess most of my readers didn’t return to it, so I am re-listing here the reactions to InTrade CEO John Delaney‘s death. – New York Times & CNBC. – all the negative remarks … Continue reading

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InTrade CEO John Delaney (42) died on May 21, 2011, while climbing Mount Everest, and his body will remain there. — [OBITUARY]

New York Times & CNBC. John Delaney, 41, from Ireland, has collapsed less than 50m from the top. He left for the expedition on April 9 and was due back in Ireland at the end of this month. His body … Continue reading

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InTrade’s prediction markets on secretive events are just an Irish scam. — [ANALYSIS]

Paul Hewitt: How do we know the Intrade price was not accurate? Well, the raid wasn’t just executed on a whim. It had been planned for quite some time. Therefore, the true likelihood must have been much higher than the … Continue reading

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InTrade on the elimination of Osama Bin Laden — [ANALYSIS]

Mike Giberson: How do we know, now, that Intrade’s market price was not an accurate estimate of the probability bin Laden was killed or captured by September 2011? Is an prior estimate of 50 percent likelihood that a tossed coin … Continue reading

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Robin Hanson’s couple vs. Justin Wolfers’ s couple — [CONTRAST]

- Robin Hanson and his wife maintains 2 separate bank accounts, and his wife is down to Earth. Marriage, despite its lack of clean edges and predictable outcomes, is one of the few institutions he seems to have no interest … Continue reading

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