Prediction Markets + Market Predictions = Collective Forecasting That Pays Off

Tag Archives: Maurice Balick

Maurice Balick is out of hibernation.

http://twitter.com/mbalick

Il n’est jamais trop tard pour bien faire, Emile.

Saw this this morning (Monday, March 30, 2009) on LinkedIn… about NewsFutures, which was founded in 2000 (that was 9 years ago if I can count) by Emile Servan-Schreiber (CEO) and Maurice Balick (CTO):
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As they say, it is never too late to arise!…
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The thing you didn’t know about the other NewsFutures co-founder —the one you never heard about.

Maurice Balick, the CTO (and co-founder) of NewsFutures… “has an M.B.A. in finance from New York University.”

Very interesting. I like people with a dual competency —being myself a monomaniac.
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Enterprise Prediction Markets = The wisdom of crowds comes to the enterprise.

Here are short excerpts of the Forrester report on enterprise prediction markets and companies that provide software for enterprise prediction markets.
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The Forrester executive summary:
The “wisdom of crowds” is capturing the attention of corporate strategists across the globe, and, as a result, many are now looking to prediction markets — speculative markets in which traders collectively [...]

Nigel Eccles’ flawed “vision” about HubDub shows that he hasn’t any.

[IMPORTANT NOTE: This present post is critical of one point expressed by Nigel Eccles, but, overall, I like this Scottish guy, and I enjoy HubDub's prediction markets a lot.]
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Nigel Eccles:
Quoting HubDub forecasts in news stories about future events will be as common as quoting stock prices in financial stories is today or (in the UK) [...]

Where to find advice on how to set up your enterprise prediction markets

Consultants
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Inkling – URL: Inkling Markets – (Chicago, Illinois, U.S.A.)

Adam Siegel — Post Archives at Midas Oracle
Nathan Kontny

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NewsFutures – (Maryland, U.S.A. & Paris, France, E.U.)

Emile Servan-Schreiber — Post Archives at Midas Oracle
Maurice Balick

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Xpree – (U.S.A.)

Mat Fogarty — Post Archives at Midas Oracle

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HP Services – HP Labs – (U.S.A.)

Predicting the future –with games — Introductory article
Information Dynamics [...]

Inkling Markets’ GodFather Speaks Out.

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Taking his propos and applying them to Adam Siegel and Nate Kontny, you’d get that:

The key is Adam Siegel and Nate Kontny’s determination. They refuse to fail.
The key for Nate Kontny was to find out a good co-founder —that was Adam Siegel.
[M]arket is the biggest determinant in the outcome of successful startups. [...] Smart people [...]

Who is behind pmindustry.org?

NetSol:
Domain ID: D149447780-LROR
Domain Name: PMINDUSTRY.ORG
Created On: 19-Oct-2007 11:24:54 UTC
Last Updated On: 19-Oct-2007 11:24:56 UTC
Expiration Date: 19-Oct-2008 11:24:54 UTC
Show underlying registry data for this record
IP Address: 64.124.12.105 (ARIN & RIPE IP search)
IP Location: US(UNITED STATES)-MARYLAND-EDGEWATER
DMOZ no listings
Y! Directory: see listings
Data [...]

Meet Maurice Balick, the NewsFutures and Bet2Give co-founder.

Maurice Balick, CTO of NewsFutures and Bet2Give

HISTORY: Prediction Markets Timeline

For an updated version of this document, see the “paged” Prediction Markets Timeline.
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CHRONOLOGY & HISTORY: Prediction Markets Timeline
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Feel free to post a comment or contact me, and I’ll correct or add a factoid. Thanks.
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#1. Historical Prediction Markets
According to Paul Rhode and Koleman Strumpf, prediction markets almost never got it wrong forecasting the 19 presidential elections [...]

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