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Yes but unlike with stocks, you don't want to agree with them: if you think people overrate the chances of an event, you'd against it.
by ngriffiths 2y ago
Yes but unlike with stocks, you don't want to agree with them: if you think people overrate the chances of an event, you'd against it.
- qznc 2y agoThat is similar with stocks. I'd say the difference is that PolyMarket has an end date where everything gets resolved one way or another. Stocks can go on forever.
- ngriffiths 2y agoOh you're right, it is basically the same, the undervalued stock is the one to buy. I guess I was thinking about another difference which is that the value of stocks seems more vibes-based and a really stupid product (from the investor's perspective) can sometimes become popular. In prediction markets the outcome is more concrete.