Kalshi’s bold move. Kalshi, a prediction-market platform, is gearing up to compete directly with the U.S. stock market. “This is starting to look like a trillion-dollar market,” says CEO Tarek Mansour. ~ learn more
“Alchian’s study using only public information to successfully identify the fuel material of a secret US nuclear bomb test provides powerful evidence in favor of market efficiency…” | learn more
Twice this week the book Reminiscences of a Stock Operator came up in conversation. I read the book in college and liked it, but it drove me away from stock trading rather than towards. Many career traders had the opposite response. The […]
Fred Wilson highlights new data that overturns the conventional wisdom that one must invest in a top-quartile VC fund to generate good returns. He also shares his return multiples on personal fund investments since 2009. They range from 2-10x multiple […]