Tag Archives: speculation

You do not make much money trading triple-A-rated US government debt, the spreads are very tight, and there is not much money to be made. — [VIDEO]

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Conspicacy theory (involving credit cards) about coffee futures — [VIDEO]

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Speculating and hedging on BetFair’s sports prediction markets

The Galileo Fund will be doing just that. Jason Ruspini is next, I predict.

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Bankers’ bonuses have less to do with rational incentive mechanisms than with the fact that bankers have power.

“It’s a form of legal extortion.”

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American Civics Exchange = CFTC-regulated Exempt Board of Trade

American Civics Exchange is enabling what InTrade (circa 2006, when they applied for the eBOT status) couldn’t… —getting the CFTC stamp of approval, and running a real-money prediction exchange from within the US territory (as opposed to offshore). The ACE … Continue reading

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Lights! Camera! Futures trading! Cantor Exchange!

Investment News: “Technically, you can trade anything, because wherever there is a financial interest, there can be a market,” said Andre Julian, chief financial officer of Option Investments Inc., an Irvine, Calif.-based independent broker for futures and options traders. “People … Continue reading

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Nobel laureate Gary Becker and judge Richard Posner both wish that, one day, real-money prediction markets will be legal, without restrictions, in the United States of America.

Via David Pennock of Odd Head fame – Gary Becker: [...] I believe that online political prediction markets, and other online prediction markets as well, should be legal in the United States and elsewhere, even if the amounts bet were … Continue reading

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A little lady (who was featured in the ABC 20/20 story about InTrade) claims that she speculated on the McCain and Obama prediction markets and got a R.O.I. of 1,000% in less than a year.

And she is out with a Press release. Via Fabian John (Financial Services Consultant) – ABC 20/20 featuring InTrade – (May 9, 2008) Foretelling The Future: Online Prediction Markets — (4 pages in all) ABC video YouTube video -

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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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