For me, it’s under the theory that extractive insider trading is bad. I don’t know if it’s preventable, though we’ve seen instances where insider trading in prediction markets appears to have been successfully policed.
But in general, I’m just thinking as an investor myself who can’t invest in private markets and is often frustrated with the complexity of evaluating the whole package of a corporation rather than the specific facets of it my training equips me to evaluate best. On the whole, I’m still bearish on prediction markets, particularly as a source of information and also due to the unregulated, “bounty,” insider-trading-facilitating aspect.
For me, it’s under the theory that extractive insider trading is bad. I don’t know if it’s preventable, though we’ve seen instances where insider trading in prediction markets appears to have been successfully policed.
But in general, I’m just thinking as an investor myself who can’t invest in private markets and is often frustrated with the complexity of evaluating the whole package of a corporation rather than the specific facets of it my training equips me to evaluate best. On the whole, I’m still bearish on prediction markets, particularly as a source of information and also due to the unregulated, “bounty,” insider-trading-facilitating aspect.