Comments on: Would you rather be right, or make money?

By: Lex

Lex — Tue, 02 Sep 2008 12:31:14 +0000

Umm… ‘the nags’? That’s what s/he means…

By: Zamfir

Zamfir — Tue, 02 Sep 2008 11:45:11 +0000

EJH, al those characteristics apply to horse race coverage as well, and they are over a lot more quickly…

By: ejh

ejh — Tue, 02 Sep 2008 09:48:33 +0000

I always find the term “horse race coverage” a bit puzzling when used to describe media coverage of the interminable US Presidential campaign. When you go to watch the nags (or for that matter see them on the telly) the commentary is skilled, as precise as it can be, concentrates on the basics and is over as quickly as is possible.

By: dsquared

dsquared — Tue, 02 Sep 2008 06:22:50 +0000

I've just noticed that Jeff Matthews, a reasonably intelligent hedge fund blogger, was short the equivalent InTrade contract going into the convention, looking for a possible knifing by Hillary, so maybe the idea wasn't as crazy as I thought.

By: Matt McIrvin

Matt McIrvin — Tue, 02 Sep 2008 04:25:00 +0000

Yeah, it’s clear now there was a significant if not huge bounce. That CNN poll was an outlier—there’s so much noise and systematic error in these things that it’s ridiculous to make sweeping statements about public opinion based on a single poll.

By: Drew Robertson

Drew Robertson — Tue, 02 Sep 2008 00:50:52 +0000

Since I wrote the last post Palin has dropped about 50 basis points. Short some in the mid-97s.

By: Drew Robertson

Drew Robertson — Tue, 02 Sep 2008 00:40:27 +0000

The Rasmussen Market is more liquid and therefore more functional. You have lots of non-money players (like me). markets.rasmussen.com
Watch the Palin Vp chart for today. It binged down to 96 when the Bristol Stomp news came in. That’s where I covered some of my shorts. Now upon reflection why would I do that? Sarah is a damn fine looking Xian woman. But I covered my shorts.

By: Lisa

Lisa — Mon, 01 Sep 2008 23:47:04 +0000

Good joke. I recently realized one should always take the money.

By: Dan Simon

Dan Simon — Mon, 01 Sep 2008 22:48:27 +0000

I think this is the joke you're looking for...

By: David in Nashville

David in Nashville — Mon, 01 Sep 2008 22:03:43 +0000

An 8-point bounce? I clicked through the link, and found a five-point bounce [from 45 to 49], while McCain sank four. Basically, both remain in the range they’ve been in since May, with the gap between them rising or shrinking. Obama is now at the top of his range, having shot up from the bottom in three days.