Midas Oracle .ORG » Patrick Young

John Delaney Obituary — [LINKS]

Chris F. Masse — Mon, 30 May 2011 12:41:24 +0000

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.

- InTrade co-founder Patrick Young (privately to me) & InTrade investor Dean LeBaron (who quotes Patrick Young).

- Tyler Cowen. Max Keiser. Justin Wolfers. Caveat Bettor. Robin Hanson.

- Here’s InTrade trader Sacha Peter on John Delaney’s personality. And here are all the negative remarks by the blog commenters on various outlets.

UPDATE: John Delaney’s widow is quoted here.

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

Chris F. Masse — Tue, 24 May 2011 19:26:56 +0000

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 will remain where he died.

InTrade’s other co-founder Patrick Young was the first, at time of publication, to express his condolences.

UPDATE: Tyler Cowen. Max Keiser. Justin Wolfers. Caveat Bettor. Dean LeBaron (who quotes Patrick Young). Robin Hanson.

UPDATE: John Delaney’s widow is quoted here.

NEXT: Psychologist and economist George Loewenstein, Carnegie Mellon University, was an avid mountain climber “until I had kids and couldn’t tolerate the risk.” — [TAKEAWAYS]

NEXT: John Delaney’s OB — [RANT]

InTrade co-founder’s brand-new newsletter on finance

Chris F. Masse — Fri, 28 May 2010 20:58:32 +0000

If you would like to subscribe to the free Patrick Young weekly newsletter, follow this link.

I am now a subscriber. I am looking forward to reading his take on the financial crisis.

Patrick Young Spotting Of The Month — Monaco Edition

Chris F. Masse — Thu, 21 Jan 2010 17:54:03 +0000

Capital Market Revolution, a decade later — by Patrick Young (InTrade co-founder)

In Monaco — February 4th, 2010

Patrick Young (InTrade’s fifth Beatle) still can’t figure out the industry he helped created.

Chris F. Masse — Sat, 06 Jun 2009 15:40:08 +0000

Well, we’re here to help out the lost souls.

Patrick Young:

Director and Founder: Intrade

Privately Held; 11-50 employees; Capital Markets industry

September 1999 â€“ February 2002 (2 years 6 months)

I was one of the founders and a director of the company Intrade which set up one of the first sports exchanges in Europe.

Nowadays there is a vogue for calling these businesses prediction markets…which presumably mans there must be markets that don’t predict events and trade on past [occurrence]?

No, it means that prediction markets are optimized for simplicity and usability —as opposed to the other derivative markets, which are quite complicated and inaccessible to the mainstream people.

InTrade’s fifth Beatle talks (very fast) about the financial markets.

Chris F. Masse — Fri, 05 Jun 2009 16:24:33 +0000

Patrick Young (who co-founded InTrade) wraps up a conference on financial markets. Wow. What a brain. Watch the video.

Patrick Young = The InTrade co-founder you never heard about

Chris F. Masse — Mon, 23 Mar 2009 18:19:03 +0000

The greatest benefit of being the most popular blogger on prediction markets is the private e-mails I get from all the corners of the globe. I come to meet, over the Internet, the world’s finest luminaries —from the Academia or from the entrepreneurial world.

Now, try to guess who that guy is:

He wrote about prediction markets (before that moniker was applied) and betting exchanges in his book “Capital Market Revolution!“, published in 1999 —while Andrew Black was developing BetFair.
He co-founded GSX/Tradesports/InTrade in 2000.

You have probably never heard of him… but you should compute him starting today —Patrick Young. And, of course, he blogs and twitters… Don’t miss his ultra-copyrighted podcast on the “fascinating” American Civics Exchange…