Tag Archives: KING
What I think of Robin Hanson’s comment to the CFTC… and what I think about his slam at TradeSports-InTrade, BetFair-TradeFair, and HedgeStreet.
Overall, his input is very brainy.
It’s a major contribution to the general discussion about prediction markets.
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Please, allow me to disagree on one thing he said.
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Robin Hanson:
One proposed distinguishing criteria includes the size of an individual trader’s stake, and the number of traders. The Iowa Electronic Markets are limited on both of these parameters. Such limits [...]
The definitive proof that it’s presently impossible to practice prediction market journalism with BetFair.
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Unlike InTrade and NewsFutures, BetFair does not deliver any chart after that the prediction market has expired —leaving the blog post that linked to it totally blank (in a digital world where old content is King, and where Google sends traffic to old blog posts).
The BetFair marketing department is staffed by arrogant incompetents who are [...]
Newspapers publish static charts, which quickly become obsolete —in a Google world where old content is King.
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News papers deserve to die.
Newspapers = dinosaurs.
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BetFair-TradeFair (slightly) improve their blog, finally (it was about time) —and open 2 new sections: “prediction markets” and “financials”.
Here’s the vertical menu of the BetFair blog. Scroll down until you see “Politics”, and “Prediction Markets”.
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Here’s their section on politics:
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Here’s their section on finance:
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My thoughts:
Their “about” page still does not list the names of their editor(s) and publisher(s). It would give them credibility.
My understanding is that their blog is run by their PR department. [...]
Michael Bloomberg: I’m not running… but, beware, I am a King maker.
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Michael Bloomberg:
I listened carefully to those who encouraged me to run, but I am not — and will not be — a candidate for president. [...] If a candidate takes an independent, nonpartisan approach — and embraces practical solutions that challenge party orthodoxy — I’ll join others in helping that candidate win the White House.
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InTrade’s global warming prediction markets are more socially interesting than BetFair’s ones.
InTrade has just opened (and not publicized yet on their site feed) a set of global warming prediction markets —more exactly, event derivative markets on whether the world’s biggest national governments will soon agree to reduce CO2 emissions under the UNFCCC treaty. They are, in my view, more interesting than the pitiful BetFair’s prediction markets [...]
Great podcasts on information technology
Random Bits Podcasts – Among others:
Matt Mullenweg, WordPress Founder
Alex King, Designer, Developer, WordPress Guru
Craig Newmark, Craigslist Founder, Community Builder, Entrepreneur
plus many more…
Alex King’s advice to companies:
Don’t let the person who writes the press releases anywhere near the corporate blog.
J.K. Rowling’s The Deathly Hallows = Harry Potter MUST Die! + Harry Potter Must NOT Die!
Associated Press:
[...] “If you look at the tradition of the epic hero… there is this sort of pattern that the hero delivers people to the promised land but does not see it himself,” said Lana Whited, professor of English at Ferrum College in Ferrum , Va., pointing out examples from King Arthur to Moses to [...]
Tools for the active trader looking for sophisticated options trading and forecasting techniques.
VIDEO: Trade King co-founder Peter Seed interviewed by Money Show.
Two interesting aspects of the interview:
- the financial technicalities of options trading (the probability calculator and the profit and loss calculator);
- their trader community used as a marketing tool to constantly improve the service.
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