Bloggers’ Free Investment Advice Worth Every Penny

Michael Giberson Apparently bloggers are not reliable market forecasters. Or, at least, that is the conclusion of an analysis by the CXO Advisory Group LLC comparing market returns to the Ticker Sense Blogger Sentiment Poll. The CXO blog concluded that “blogger sentiment: (1) mostly reacts to what just happened in the stock market; and, (2) … More Bloggers’ Free Investment Advice Worth Every PennyMore Bloggers’ Free Investment Advice Worth Every Penny

Will Harry Potter Die? Don’t Bet on It

Michael Giberson Prediction markets (a category which includes gambling on event outcomes) work well in some cases and less well in others. Justin Wolfers and Andrew Leigh have an overview of prediction markets appearing in The Melborne Review, which states the pertinent point: “attempts to set up markets on topics where there are insiders with … More Will Harry Potter Die? Don’t Bet on ItMore Will Harry Potter Die? Don’t Bet on It