The Most Hilarious Thing I Read This Morning

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A 6-year-old report about how he enjoyed being invited at Robin Hanson&#8217-s party &#8212-boring like hell.

Makes me think that the field of prediction markets should research more on data visualization. Kids like great visuals. Boisterous blogging adults haven&#8217-t computed that, yet. When&#8217-s the last time you saw great visuals at Marginal Revolution or Overcoming Bias?

Think data visualization, folks.

Bo Cowgill reads some blogs on that topic, I believe. He could give us some good links, one day.

UPDATE: Mike Linksvayer&#8217-s take on the Robin Hanson incident the Marginal Revolution post. (See also Mike&#8217-s comment, below.)

Professor Koleman Strumpf explains the prediction markets to the countryland people.

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Ah, Kansas&#8230- Barbecues, pickup trucks, rednecks, country music, and&#8230- the local FOX News.

Despite that one blip on the radar [New Hampshire], Strumpf said futures are still the best way to predict the way things will go from here.

Spot the SIDEBAR (which is not located on the sidebar, actually), and click on the little square, just below &#8220-video&#8221-, to watch the report.

APRIL FOOLS DAY: This year, again, CNET makes fun of the wisdom of crowds.

No GravatarCNET: Edit wars come to spy agencies&#8217- Intellipedia.

Intellipedia

The full listing of all the April Fool&#8217-s Day jokes&#8230-

Previously: The 2007 CNET joke&#8230-

Previously: The 2008 Midas Oracle joke&#8230-

Previous blog posts by Chris F. Masse:

  • Thanks to enterprise prediction markets, senior management can move faster to deal with problems or exploit opportunities.
  • NOTE TO SELF: Set up customized e-mail alerts for brand-new, hot Midas Oracle stuff.
  • DAYS OF RECKONING, PART TWO: Matt Drudge features the prediction markets. + Reuters has the right terminology (“traders”, “prediction exchanges”) but ignores BetFair.
  • DAYS OF RECKONING: The New York Times is telling the business world that enterprise prediction markets are an essential management tool.
  • HubDub will soon distribute a continuously-updating chart widget displaying the state of their prediction markets.

Last years best April Fools Day joke had something to do with the wisdom of crowds.

No Gravatar2007’s April Fool’s Day

CNET:

Wikipedia founder&#8217-s bold experiment

Diagnosed with cataracts, Jimmy Wales invites first 100 people who show up at his home to perform surgery. &#8220-There may be some trial and error, but I&#8217-m confident the community will make the right decisions,&#8221- Wales said.

MIDAS ORACLE&#8217-S 2008 APRIL FOOL&#8217-S DAY JOKE: BetFair-TradeFair hire Bo Cowgill in an attempt to improve their ranking in Google web search results.

Previous blog posts by Chris F. Masse:

  • Play-money prediction exchange HubDub is a phenomenal success.
  • BetFair Australia’s spin doctor tells all about their payments to the horse race industry.
  • Meet Jeffrey Ma (at right on the photo), the ProTrade co-founder, and whose gambling life is the basis of the upcoming movie, 21.
  • Independent production company seeks deep throats to spill beans on online poker industry and BetFair Poker.
  • BetFair-TradeFair hire Bo Cowgill in an attempt to improve their ranking in Google web search results.

Robin Hanson wants to rule the world -just as CEOs and heads of states do for a living.

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Our Master Of All Universes moans that the Free World&#8217-s private and public decision makers rarely or never ask him for advice &#8212-even though he sits on many &#8220-Boards Of Advisors&#8221- (like NewsFutures&#8216- one), which are, by definition, set up to provide advice &#8212-or so he thought, at inception. How come CEOs and heads of states are not imploring him for advice to help them run the word, he asks. He blogs that advisers are probably paid primarily for the prestige value that they lend to the company.

Which leads me to realize that I pay zero French franc for having economist Michael Giberson on our Scientific Advisory Board, which is quite about what his prestige is worth in the field of prediction markets, as of today. :-D That might change in the future, though &#8212-especially if I continue to flatter him publicly in posts like this present one. He might suffer from ego inflation and charge me for using his so-called &#8220-prestige value&#8221-. All economists, be damned. They are as greedy as the people they study.

YIPPEEEEEEEE!!!!… Praying mantis celebrating the arrival of transparency in the sub-field of enterprise prediction markets.

No GravatarGOOOOOOOOOOOOAL!&#8230-

Parying Mantis

Adam Siegel of Inkling Markets is out of the woods on business strategy&#8230- and David Perry of Consensus Point, ignited by our Google-paper post, has vowed to tell all&#8230- (I still can believe it, but it sounds true, he really said it.)&#8230- while David &#8220-Sweetie&#8221- Pennock is applauding&#8230-

Where on Earth are NewsFutures and Xpree?? Are they napping?

Previous blog posts by Chris F. Masse:

  • Last year’s best April Fool’s Day Joke had something to do with the Wisdom Of Crowds.
  • Will HedgeStreet USA, the hypothetical InTrade USA, and the hypothetical TradeFair USA, be regulated in the future by a merged SEC+CFTC regulatory structure?
  • WORST THAN ELIOT SPITZER (if it were possible): Formula One boss, Max Mosley, had sado-masochist sex with 5 prostitutes, for 5 hours (!!), reenacting a concentration camp scene (!!) in which he played the role of both Nazi guard and inmate.
  • Is BetFair Poker a booby trap for the gullible novices? Does The Sporting Exchange (the operator of the BetFair brands) help gangs plucking down innocent recreational poker players?? To get an inkling, don’t read The Guardian, seeded by the BetFair spin doctor- read Midas Oracle.
  • The video that the technologically retarded BetFair spin doctor should watch.