234: Domer – The Information Edge: Winning in Prediction Markets
Chat With Traders
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What Are Prediction Markets Like?
Markets are zero sum, so you're almost always betting against somebody else who thinks the exact opposite of you. So whenever i, i buy, let's say, one share at 30 cents, you're consequently buying one share at 70 cents. I would call it probably a contract um prediction. The market could say, by the end of 20 22, is the us going to experience a recession,. which would be two negative g d p quarters. And then, i think right now that's at, you know, like 30 cents or something like that.
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