Tag Archives: traders

This economic crisis is like a cancer, if you just wait and wait hoping it is going to go away, just like a cancer it is going to grow and it will be too late! — [VIDEO]

Market is toast: http://www.facebook.com/alessiorastani

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Once again, Robin Hanson exaggerates the usefulness of the prediction markets. — [ANALYSIS]

InTrade’s prediction markets on the recent Arab revolutions didn’t bring anything interesting in our understanding of the Middle East. Robin Hanson’s insistence is absurd.

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InTrade was not able to predict anything regarding the Fukushima nuclear energy plant. — [PREDICTION POST-MORTEM]

Contra to Robin Hanson, Justin Wolfers and James Surowiecki (who all have exaggerated the usefulness of the prediction markets), collective forecasting is not a tool we can rely on for just anything. As I wrote in the past, we need … Continue reading

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The future belongs to hedge funds — [LINK]

Man vs. Machine on Wall Street: How Computers Beat the Market.

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Arab Revolt Prediction Markets – {Predictions for next Arab country to revolt} – {Which country is the next ‘domino’?} – {What will happen in the Middle East & Northern Africa?} – [PREDICTION MARKET CHARTS]

Predictions for next Arab country to revolt: Libya — Muammar al-Gaddafi – [5 spellings: Gaddafi, Qaddafi, Gadhafi, Khadafy and Khadafi]: Bahrain — Khalifah ibn Sulman al-Khalifah: Yemen — Ali Abdullah Saleh: Iran — Mahmoud Ahmadinejad: Iran — Seyed Ali Hoseyni … Continue reading

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Prediction markets are unable to accurately predict long-term outcomes, and they have poor records for accuracy and reliability, all of which are crucial for enterprise adoption.

Paul Hewitt: – How far in advance can prediction markets make accurate predictions? – How will we know the point in time when a prediction is ‘accurate’? – Why are there wildly different predictions of the same outcome in different … Continue reading

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“The REAL lesson most investors should take away from the largest institutional insider-trading investigation in history is that competition in the global financial markets is so intense that it’s basically idiotic to trade.”

“the folks they are competing with have millions and millions of dollars to spend gathering information that will never be published anywhere or appear on a screen or in a chart or graph.”

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Max Keiser: Cantor Exchange and Media Derivatives Exchange would be an “insiders/traders’s paradise”.

Max Keiser – 12:00 into (17,000 views already): I disagree with Max that a prediction market quote can change perceptions that much.

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Algorithms that execute thousands of trades per second

Automated transactions executed at lightning speed

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Tobin Tax = a tax on financial transactions

Sounds like Jason Ruspini shouldn’t lose sleep over it —it won’t happen: Previously: – Paul Krugman Tries to Foist Specious Argument in Tobin Tax Debate. – Jason Ruspini is against the Tobin Tax.

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