Here's my issue with prediction markets. Some tech bro recently argued: "Insiders are great for prediction markets, that's how they work." Bro I get how they mechanically work. Sure, information asymmetry + stakes can improve odds accuracy. But just because it "works" doesn't
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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