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Devoted Dividend Investor retweeted
New York is the latest in a growing list of states looking to more tightly regulate apps like DraftKings and FanDuel.
If passed, the rules would bar companies from using AI to customize bonuses or wagers.
propublica.org/article/new-yβ¦
Devoted Dividend Investor retweeted
A prediction contract and a sportsbook wager can ride on the same final score. Who sets the price, who carries the risk, and who gets paid can still differ. @davidclement in @MansfieldNJ mansfieldnewsjournal.com/stoβ¦
My long-term dividend goal: $240K/yr π°
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Devoted Dividend Investor retweeted
We analyzed over 1 billion trades to find out why Kalshi markets are so accurate. A group of 15,000 superforecasters is largely responsible.
What stands out:
-There are 14,694 people on Kalshi who have significantly better predictive ability than other traders. This is measured by Brier skill score, which tracks trader calibration.
-They provide their forecasts to the whole platform, not just the top few markets. Skilled traders are active in 97.3% of markets.
-Timing and category change behavior: for example, superforecasters enter economic markets earlier, and sports markets later.
-These traders arenβt concentrated in the coasts or major cities. They come from all around the country, with Wyoming having the most per capita.
Prediction markets provide an incentive for smart people to do research, think rationally, and share their views with the world.
This incentive has brought almost 15,000 superforecasters to Kalshi, who create a public good by providing accurate forecasts to nearly every market on the platform.
Devoted Dividend Investor retweeted
Luana Lopes Lara: "We are able to very quickly make decisions, and adjust very, very quickly. We don't have 'heads of,β or VPs, or all of that structure. Everyone just reports to me, or one step away from me, and I think that also makes us able to move so much faster."
This is similar to the approach Elon Musk has pushed at his companies:
Fewer management layers and faster decisions.
Give capable people ownership, hold them accountable, and let them execute.
fortune.com/2026/10/14/kalshβ¦












