Contrary to adversaries, who called the prediction markets run by Kalshi and Polymarket outright gambling, I am of the opposite opinion that their success stems from the fact that they are intelligent assets based on the notion that masses have knowledge, understanding, and foresight about what is going on in the world, which was popularised by James Surowiecki’s book “The Wisdom of Crowds”…
A Macro Market View by Hubert Marleau
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