Sunday, November 11, 2012


For those who don’t know yet about let me introduce this website. is what we could call the stock exchange of political issues. Well, in fact they include not only political issues but also related to weather, current events, foreign affaires,… They define it as:
is a prediction market. What is a prediction market? It's a market that allows you to make predictions on the outcome of hundreds of real-world events. Stock exchanges find the price of stocks, and futures markets find the price of commodities. Prediction markets find the probability of something happening - a predefined, uncertain future event.
The idea is just brilliant. Let’s just hope that only real event affect share prices and not the other way around. It is not hard to imagine that one day profits from shares could affect political decisions.

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