Valuetainment

Why would anyone trade on Taylor Swift's wedding? Kalshi founder Tarek Mansour explains why "frivolous" markets have real economic stakes, and why it's illegal to trade onion futures in America.

Who hates Kalshi? According to founder Tarek Mansour, it starts with the casinos. He explains why the casino lobby is pushing states to ban prediction markets, why Kalshi was pulled as a sponsor at the last minute from a Vault event at the MGM Grand in Las Vegas, and why the fight was never really about protecting customers.

Kalshi had Flávio Bolsonaro at roughly 85% to win Brazil's presidential election. Then Lula won the runoff. Was the prediction market wrong? Kalshi founder Tarek Mansour explains what really happened, and what it means for the 2026 midterms.Mansour breaks down the biggest misunderstanding about prediction markets: a 25% chance isn't zero. It means that outcome should happen one in four times. He explains how markets absorb new information in real time, why accuracy can only be judged across thousands of markets (not one), and why Kalshi's odds are a probability, not a poll.

Mansour shares his message to young people who feel shut out of the system: stop sitting on the sidelines. With AI, it's never been easier to build something. His advice is to follow the thing you're "childishly excited" about, the topic your friends roll their eyes at because you can't stop talking about it.

Gavin Newsom was caught on camera telling an undercover journalist that the Democratic Socialists of America will be the dominant force in the Democratic Party. While campaigning in New Hampshire for Democratic candidate Stefany Shaheen, Newsom was approached by someone posing as a young voter who said younger Democrats want more democratic socialist policies, not "more Kamala Harris."