Black Swans and the Impossibility of Prediction

Black Swans and the Impossibility of Prediction a manifesto by Nassim Nicholas Taleb, author of the Black Swan and Fooled by Randomness, two quite popular but must-read books. kind-of-rhetoric question: Are prediction markets the best available or optimal black swan spotter?

zantelosophies

During a recent trip to Zakynthos (or Zante), I was invited by a friend of mine to give a speech on occupational orientation in a local secondary school. I came up with the following set of principles: There is no ‘I can’t’. There is only ‘I want’. Talent and financial background are far less critical …

Hybrid Prediction Markets

Adam highlights the inevitability of prediction markets’ integration with CRM/ERP systems. Bo leads discussion to the right direction. I’d like to speculate further on Bo’s first point. The integration with business intelligence software, corporate data warehouses and document indexes will definitely facilitate the task of information collection by traders. I claim that such an integration …

Flying up to Cologne tomorrow…

…for a much needed Easter break. I also plan a roadtrip to Benelux on the following days. Anyone wants to organize a dinner on prediction markets or just a geek science drink while I’m in the area, let me know.