Prediction Markets + Market Predictions = Collective Forecasting That Pays Off

Tag Archives: Mei Moses Fine Art Index

I have lambasted the Mei Moses Fine Art Index prediction markets for being intrinsically incapable of generating liquidity in trading. As a direct consequence of this coverage on the world’s #1 prediction market blog, they are picking up steam like they want to navigate down the whole Mississippi till they reach the Golf of Mexico. — Snake eats itself.

-

-

What do the prediction market on the Mei Moses Fine Art Index and the prediction markets on climate change have in common?

They were both lambasted by a famous, controversial and bombastic prediction market blogger… and they both failed in spectacular fashion.
-
Here’s what I wrote in October 2008:
InTrade are going to open prediction markets on the future price of art. These innovative prediction markets will fail miserably.
-
The InTrade prediction market on the Mei Moses Fine Art Index [...]

Search

Post Categories