Tag Archives: reporter

Speculating on event derivative markets is not “investing”.

Ultra pertinent remark from the Club For Growth blogger: [The New York Post video] is an informative video, but I want to quibble about two things. I view the term “investing” as the act of buying an asset with the … Continue reading

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Demand forecasting systems: Spending a lot on software doesn’t guarantee success.

Product line demand forecasting stands as the proto-typical application for internal prediction markets. Internal prediction markets may have other uses, but the demand forecasting story is probably the most straightforward and has been most often discussed in articles on the … Continue reading

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The definitive proof that Emile Servan-Schreiber, the NewsFutures CEO, is an essential part of the world-wide conspiracy aiming at silencing BetFair.

[This post is filed in the "humor" category, of course. ] — Take a look at the blogroll of the NewsFutures blog, which cites everybody but BetFair: Recent Posts UC Riverside’s eLab eXchange : featuring Competitive Forecasting and Idea Pageants Demise … Continue reading

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Hanson’s Market Scoring Rule Explained in Five Sentences, Why Betfair Gets So Little U.S. Press Coverage, and other Half-Baked Commentary by Michael Giberson

[Chris Masse invited me to submit to an email interview. I’m responding here to Chris’s questions, rendered in italics below. I'm not sure that anyone other than Chris will be interested, and half-way through he may regret this idea himself. … Continue reading

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A former television investigative reporter announced that he would seek the Democratic nomination for the U.S. Senate.

New York Times [...] The newly announced candidate is Dale Cardwell, who spent his final day on the air at WSB-TV, a local ABC affiliate, last Wednesday. He said Monday that he would campaign as a conservative Democrat for the … Continue reading

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Leak false information to the media, sell the event derivative on InTrade-TradeSports?????

Via Bo Cowgill, Foreign Policy (which brought us the fake Wolfo memo last month): [...] In theory, a quiet, dispersed buy of these very cheap contracts coupled with a well-timed leak could be a quick way to get some cash … Continue reading

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The Civil War Gold Hoax

Straight from Wikipedia: Civil War Gold Hoax was an 1864 hoax perpetrated by two US journalists to exploit the financial situation during the United States Civil War. On May 18, 1864, two New York City newspapers, the New York World … Continue reading

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CBS News Andy Rooney: Let’s Have A Smart Board.

I proposed a new institution, “The Open Institute of Prediction Markets“. I’d like you to take two minutes to read Andy Rooney’s proposal. It has nothing to do with prediction markets, as that wet blanket of Bo Cowgill will quickly … Continue reading

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Hollywood Stock Exchange’s Alex Costakis makes historical mistake, TOO.

History of the Hollywood Stock Exchange: June 2006: Hollywood Stock Exchange launches the Sports Stock Exchange® with special securities covering the 2006 FIFA World Cup. April 2006: HSX Research wins contract for building Storage Markets, an innovative prediction market platform … Continue reading

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