Steven Frank:

My current hypothesis is that there are at least three positions of prominence in each segment &#8212- three ways to be number one, if you will: The First One, The Free One, and The Good One.

I like his short essay.

Previous blog posts by Chris F. Masse:

• 50% of our prediction market luminaries have a MacBook.
• STRAIGHT FROM OUR TRUISM DEPARTMENT: Money buys happiness.
• Ron Paul (R) and Barney Frank (D) ally together to attack “the practical hurdles of the federal law, known as the Unlawful Internet Gambling Enforcement Act, rather than its legitimacy”.
• Clicking on the “SPHERE: RELATED CONTENT” button, at the bottom of each Midas Oracle post, will bring you a list of external webspots.
• FRIGHTENING: Jed Christiansen’s prediction market blog was briefly overtaken by web spammers, who inserted invisible links to their commercial sites so as to game the Google PageRank system.
• InTrade ditch market-leader Bloomberg for low-cost, second-tier data provider eSignal.
• Drawing a parallel between our reluctance to seek advice and the experts’ reluctance to take the market-generated probabilistic predictions in an un-discriminating, un-critical fashion