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Politics, Markets, Presidential Nominations

Donkey vs Elephant

I’ve been captivated by the presidential nomination process and have been consuming all the information I can handle relating to the debates, speeches, endorsements, posturing, etc. The polarizing, counter-productive nature of American politics bothers me but I make it a point to try to stay informed. So as not to alienate or terribly offend anyone, I subconsciously adopted a common, practically failsafe method of engaging in political conversations with co-workers and acquaintances: never take a side, always play the cynic. It’s really a cowardly, easy out. In Good Will Hunting, Sean (played by Robin Williams) confronts Will (played by Matt Damon) and his similar approach to women: “I think that’s a super philosophy, Will, that way you can go through your entire life without ever having to really know anybody.” Don’t worry, I’m not going to address my cowardice here.

CNN put together a cool tool called Political Market that is right up my alley. According to CNN, the “goal of CNN Political Market is to combine the opinions of a diverse group of people to try and predict the probability of an event occurring or the value of something”. I don’t have to take sides; I just have to predict outcomes. I created an account today and bought shares. A couple of widgets that track performance on the answer to a question I am particularly interested in are pasted below. If you’re inclined give it a shot.

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