“It’s All the Questions About Our Future”: IBKR Founder Notes 49.5% Make Money in Prediction Markets
Thomas Peterffy, Founder and Chairman of Interactive Brokers, appeared on CNBC to discuss prediction markets and their differences from long-term investing. The segment began by replaying an earlier discussion in which it was noted, “most of them, the more they play, will lose money,” and added that prediction markets are “not the same as investing…