WARNING: This is the Holy Bible.

No GravatarHoly Bible - Warning

Read the previous blog posts by Chris F. Masse:

  • Is Justin Wolfers a libertarian? Probably not.
  • The information technology that caught Eliot Spitzer
  • Eric Zitzewitz’s 10 minutes of fame
  • Fun with conditional probabilities
  • Wrongly Crafted Headlines Of The Day
  • an American, petite, very pretty brunette, 5 feet 5 inches, and 105 pounds
  • Mississippi: Is it a primary or a caucus?

WE ARE TREMBLING IN OUR PANTS.

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Fear

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. :-D

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

&#8212-

UPDATE: Barry Ritholtz comments&#8230-

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

:-D

&#8212-

UPDATE: Why Prediction Markets Fail – by Barry Ritholtz

&#8212-

Why do civilizations die?

No GravatarEaster Island

by Tomas Munita

New York Times:

[&#8230-] In his haunting chapter about Easter Island, he weighed the data — radiocarbon dating, charcoal and pollen analysis and botanical and archaeological surveys — and concluded that the inhabitants had mined the forests to extinction, setting off a cataclysm. What, Dr. Diamond wondered in an often cited passage, was going through the mind of the Easter Islander who cut the last tree? [&#8230-]

[Case Studies of Civilization Decline:]

Case Studies of Civilization Decline

Read the previous blog posts by Chris F. Masse:

  • Michael Gerber – The E-Myth Revisited
  • Changes to TradeFair prediction markets
  • Eric Zitzewitz, laughing all the way to the bank
  • Michael Bloomberg: I’m not running… but, beware, I am a King maker.
  • Meet the 3 Iowa Electronic Markets co-founders: George Neumann, Forrest Nelson and Robert Forsythe.
  • When Markets Beat The Polls – Scientific American Magazine
  • GLOBAL COOLING

Three-dimensional layout of dark matter in the Universe

No GravatarThree-dimensional layout of dark matter in the Universe

Read the previous blog posts by Chris F. Masse:

  • Michael Gerber – The E-Myth Revisited
  • Changes to TradeFair prediction markets
  • Eric Zitzewitz, laughing all the way to the bank
  • Michael Bloomberg: I’m not running… but, beware, I am a King maker.
  • Meet the 3 Iowa Electronic Markets co-founders: George Neumann, Forrest Nelson and Robert Forsythe.
  • When Markets Beat The Polls – Scientific American Magazine
  • GLOBAL COOLING

Midas Oracle = posting + commenting… on prediction markets

No GravatarConversations

by Lonni Sue Johnson

Read the previous blog posts by Chris F. Masse:

  • Michael Gerber – The E-Myth Revisited
  • Changes to TradeFair prediction markets
  • Eric Zitzewitz, laughing all the way to the bank
  • Michael Bloomberg: I’m not running… but, beware, I am a King maker.
  • Meet the 3 Iowa Electronic Markets co-founders: George Neumann, Forrest Nelson and Robert Forsythe.
  • When Markets Beat The Polls – Scientific American Magazine
  • GLOBAL COOLING

Socially Valuable Prediction Markets Need Oxygen.

Oxygene


Author Profile&nbsp-Editor and Publisher of Midas Oracle .ORG .NET .COM &#8212- Chris Masse&#8217-s mugshot &#8212- Contact Chris Masse &#8212- Chris Masse&#8217-s LinkedIn profile &#8212- Chris Masse&#8217-s FaceBook profile &#8212- Chris Masse&#8217-s Google profile &#8212- Sophia-Antipolis, France, E.U. Read more from this author&#8230-


Read the previous blog posts by Chris. F. Masse:

  • Wanna launch a startup? Do it in California, not in France.
  • Car manufacturer Renault (Nissan’s twin) is now a NewsFutures client.
  • Nokia’s Enterprise Prediction Markets = Competitive Advantage
  • Comments are now completely open on Midas Oracle.
  • Albert Einstein, Chairman of the Midas Oracle Advisory Board
  • Erratic –but not Stochastic– Charts
  • Barack Obama is the 44th US president.

The other Hanson who will change our future.

No GravatarDavid Hanson, right, holds his son Zeno on his lap as the two look at Hansons’ Robot creation, also named, Zeno

by Associated Press Photo / Tony Gutierrez

David Hanson, right, holds his son Zeno on his lap as the two look at Hansons&#8217- Robot creation, also named, Zeno, at his office in Richardson, Texas, Thursday, Sept. 6, 2007.

Previous blog posts by Chris F. Masse:

  • Robin Hanson wants to rule the world —just as CEOs and heads of states do for a living.
  • Predictify got funded… Great for those who will be hired… But is it a good thing, overall?
  • Nassim Nicholas Taleb likens modern-day financial markets to medicine in the 1800s, when going to a hospital in London or Paris multiplied your risk of death by four times, he says. Similarly, quants increase risk by deploying flawed financial tools designed to reduce it, he argues.
  • TradeSports-InTrade — Check Deposits
  • BetFair Australia fought for free trade across Australian state boundaries… and won.

The Midas Oracle Graph

No GravatarThe Midas Oracle site as seen by this IT tool (&#8221-Websites as Graphs&#8221-).

Midas Oracle

The Truth of the Source Code – by George Tziralis of Ask Markets

Previous blog posts by Chris F. Masse:

  • Is that HubDub’s Nigel Eccles on the bottom left of that UK WebMission pic?
  • Collective Error = Average Individual Error – Prediction Diversity
  • When gambling meets Wall Street — Proposal for a brand-new kind of finance-based lottery
  • The definitive proof that it’s presently impossible to practice prediction market journalism with BetFair.
  • The Absence of Teams In Production of Blog Journalism
  • Publish a comment on the BetFair forum, get arrested.
  • If I had to guess, I would say about 50 percent of the “name pros” you see on television on a regular basis have a negative net worth. Frightening, I know.

Get your prediction market fix from Midas Oracle -daily.

No GravatarBee

by aussiegall

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