Barry Ritholtz:

In an upcoming post, we will review the strengths and weaknesses of these thinly traded prediction markets&#8230-

We are terrified. We&#8217-re pissing in our slip.

Previously: Prediction markets are forecasting tools of convenience that feed on advanced indicators.

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UPDATE: Barry Ritholtz comments&#8230-

Never fear the truth, son&#8230- it shall set you free.

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UPDATE: Why Prediction Markets Fail – by Barry Ritholtz

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