
Natalie Fratto
@NatalieFratto • 8,151 subscribers
drawing from data @chartsncrafts (500k+ on socials) prev. lives @goldmansachs @siliconvlybank @TED @ycombinator
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Submarines are among the most complex object humans manufacture - each one has over a million individual parts. And Anduril Industries is investing $3.7B over the next decade to build components for them better, faster, and on US soil. Anduril Industries x chartsncrafts
Natalie Fratto428,583 次观看 • 1 个月前

I have a million questions about prediction markets, and I understand things through drawing. So I sat down with the CEO of Kalshi (Tarek Mansour) to better understand how prediction markets actually work, the counter-intuitive impact of prediction markets on elections, and why he believes they can make the world a better place. We cover: - How a prediction market works (hint: a lot like the NYSE) - 60¢ = 60%: how event contracts price probability - Prediction markets vs. the stock exchange vs. sportsbooks - Defining gambling and markets - Why he's in favor of federal regulation - Polls vs. markets: skin in the game & the pursuit of truth - Why markets reward the boring take - What you can't trade on (no wildfire markets) - Hedging 101 at the ice cream shop - Goku, growing up in Lebanon & the 120% rule Highlights: (00:00) Gambling, markets and their historically flirtatious relationship (00:34) Opening Kalshi for the first time (01:19) How a contract works: 60¢ = 60% odds (02:10) Why not just use the stock market? CFTC & derivatives (02:58) Prediction markets vs. sportsbooks: who sets the price (04:35) Where the gambling line is, according to Tarek (05:30) In favor of federal regulation (06:17) The vision: free markets in pursuit of truth (06:39) Why polls miss & markets don't (2016, 2024, Mamdani) (07:24) Echo chambers, hot takes & rewarding the boring take (08:15) What you can't trade on & why (08:54) Hedging 101 at the ice cream shop (10:17) Goku, Lebanon & the 120% rule Our first ever longform chartsncrafts episode - the first of many.
Natalie Fratto45,698 次观看 • 10 天前
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