One Weird Trick to Profit off of a Global Market Meltdown

Did you know there's one weird trick that Wall Street doesn't want you to know? For only one payment of $39.99, you can get access to this limited time only exclusive video that will show you how to fight that bear market! Click here before Wall Street makes it illegal… Or you could just read this post, I guess.

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Prediction Markets: Strategies for Alpha Generation

Much like financial markets, prediction markets (PM) have existed in some informal capacity for hundreds of years; the earliest known records, dating back to 1503, describe the practice of betting upon papal succession. Much like traditional financial markets, the process of centralization took many hundreds of years, as the value of centralized exchanges slowly began to impress itself upon the participants. The start of the contemporary era of PM and political betting, perhaps the foremost type of PM, was heralded by the Iowa Electronic Markets, established during the 1988 presidential election by the University of Iowa. Since then, many sites and markets have come and gone in the relatively unregulated and nascent field. Currently, PredictIt, run by the Victoria University of Wellington, dominates the space in both trade volume and number of independent markets. Other markets include betfair, augur, and others.

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Analyst Recommendations: Got Alpha?

In today's post, we will dig into the nature and value of analyst recommendations in order to try to answer an old but controversial question: do sell-side analyst recommendations hold any predictive power; and if so, when and why? The data we will use for this analysis is the FactSet Estimates - Broker Recommendations dataset, available free of charge on Quantopian.

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