A financial innovator argues that prediction markets—where traders bet on real-world events—could democratize forecasting, allowing everyday participants to outperform traditional analysts. The CEO of a leading platform explains the regulatory challenges facing these markets and how they might reshape American capitalism by making information more accessible. With insights into behavioral economics and market efficiency, the discussion highlights a clash between innovation and oversight in financial trading.
Kalshi CEO Tarek Mansour discusses the fight to regulate prediction markets, why ordinary people can outperform Wall Street, and the future of American capitalism.
