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meric_today at 4:18 PM1 replyview on HN

A janitor doesn't need prediction markets. They could just short the stock (and profit way more that way)


Replies

glaslongtoday at 4:31 PM

The janitor doesnt need a prediction market, but that's 100% who Kalshi and PM are currently blasting ads at, because the janitors with $100 to kill are the bag holders that pay the insiders.

At least in general, not for this specific Evil Janitor, who is the rarer unsophisticated-schemer/patsy/insider in my contrived hypothetical.