Prediction Markets + Market Predictions = Collective Forecasting That Pays Off

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The Worst Predictions of 2006

Written by Chris F. Masse on December 31, 2006 — Leave a Comment

Satellite radio will rock, eBay’s on a roll in China, and Republicans will continue to rule in Washington. Thank God, prediction markets did not make the Business Week list. And to HedgeStreet’s despair [*]:
PREDICTION: “A very active hurricane season is looming.” — National Oceanic & Atmospheric Administration, May 22, 2006
THE REALITY: Of the up to [...]

Posted in Analysis (Accuracy & Precision) | Also tagged , , , , , , , ,

The McLaughlin Group slams Time magazine for its choice for Person of the Year 2006.

Written by Chris F. Masse on December 28, 2006 — Leave a Comment

Moderator John McLaughlin, Democratic-leaning Eleanor Clift and paleo-conservative Pat Buchanan condemned Time magazine editors for picking the Internet citizens as “Person of the Year 2006″ – (Streaming Video – Video MP4 file – Audio MP3 file):
MR. MCLAUGHLIN: Okay, here it is: Person of the year.
Pat.
MR. BUCHANAN: Time magazine did a complete cop-out, making you and [...]

Posted in Analysis (Meta), Collective Intelligence - Wisdom Of Crowds | Also tagged , , , , , , , , , , , , , , , , , , , , , , , , , , ,

TIME MAGAZINE – PERSON OF THE YEAR: THE MIDAS ORACLE BLOG AUTHORS…

Written by Chris F. Masse on December 16, 2006 — Leave a Comment

… and, generally, all of the Internet citizens contributing to the Web content.
TIME is right on target, but their thematic articles are banal and not engaging. Complete crap.
Addendum (December 17): And I agree 100% with Mike Linksvayer’s conclusion.

Posted in Collective Intelligence - Wisdom Of Crowds | Also tagged , ,

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