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by tinco
1059 days ago
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Running prediction markets is probably more free money than that. Building and maintaining research teams like that is not easy or cheap, if it would be then Good Judgment Inc. would be rolling in cash. Edit for context: Good Judgement Inc. is a sort of consultancy firm formed based on the results of an experiment called "The good judgment project" where psychologists challenged a community to predict (geopolitical) events. By structuring it as a team based tournament they figured out a list of qualities/rules that would make an individual or theme very good at accurately predicting events. The teams that followed these rules outperformed prediction markets. Following the rules is basically a full time commitment. The list is here, go get your free money: https://goodjudgment.com/philip-tetlocks-10-commandments-of-... |
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You get your money from the prediction market if you are better at predicting.