Matt Medved
๐ค SpeakerAppearances Over Time
Podcast Appearances
Yeah.
And I think, you know, in terms of the sauce, it's about finding your niche.
You know, they always say, like, invest in what you know.
I think that's never more true than prediction markets.
I love that.
I will say when it comes to stock trading, it's hard to find an edge.
But with something like this, if you talk to the right people, like you said, interview people that are really knowledgeable on certain topics, I feel like it gives you a bit of an edge.
Right.
Exactly, man.
And people are trading like some really niche things, everything from like the weather and like the peak temperature in different cities on different days.
But there are people who are like amateur meteorologists who like go deep on that and figure it out.
You know, there are charts, there are markets all around the Billboard charts.
You know, I was at Billboard for many years.
I have a very good understanding of how those work.
Yeah.
So that's another area where it's like, oh, like just by like things that I kind of take by default, it's like, oh, I do actually have an edge on these compared to the general public.
Right.
And what's really interesting about prediction markets, too, is that there's always a counterparty, right?
Like, unlike the sports betting where there's the sports book and, you know, you're against the house with casinos where it's all algorithmically designed to make you fail.
But in this case, it's like if there are other people who just don't believe in what you believe, but you know you're right.