Mac Budkowski ᵏ pfp
Mac Budkowski ᵏ
@macbudkowski
RIP polls
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26 reactions

Dan Romero pfp
Dan Romero
@dwr.eth
well, the polls feed into polymarket predictions
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0 recast
18 reactions

Mac Budkowski ᵏ pfp
Mac Budkowski ᵏ
@macbudkowski
yeah but their role will be much smaller. it's like asking people which burger they want to buy - Big Mac or Whooper. nice data point but def not enough to determine who will sell more burgers in Q4. that's why hedge funds use more complex prediction models.
2 replies
0 recast
1 reaction

Dan Romero pfp
Dan Romero
@dwr.eth
If there aren't polls, how does the prediction market know how to price?
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Mac Budkowski ᵏ pfp
Mac Budkowski ᵏ
@macbudkowski
If there is no market research on burgers, how does the hedge fund know how to prize McDonald's and Burger King? They analyze many things - social media sentiment, how many trucks leave their warehouses, how efficient they're at operations and so on. Ofc with stocks it's easier because a lot of data is public, but I'm pretty sure you can gather a lot of data from politics, too. I'd be surprised if bigger hedge funds haven't been doing it for some time given how much impact these results have on stock prices.
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1 reaction