BizJournals Portfolio
Home >   Business Views, Opinions and Blogs >   Business Blogs >   Market Movers >  

The End Of Harry Potter

Market Movers

by Felix Salmon
Main
How to Sell Equity in Your House   Monday Links

Recent Blog Posts

Links

Jun 04 2007 12:00am EDT

The End of Harry Potter

The market is pricing in Harry Potter's death. I have only the vaguest knowledge of the Harry Potter books, but I do have a certain amount of faith in markets. Therefore, I believe that Harry Potter will indeed be killed off in the final book of the series.

I'm not quite sure if my belief is justified or not. While it's possible that the bookies were receiving bets from people with inside information, I think it's more likely that most of the bets were simply from fans of the series, who can only guess whether or not Harry will die. Can the sum total of ignorance be reasonably reliable? Yes, I think. But we will find out for sure on July 21, should we be so inclined.

(Via Cowen)

Comments

If you are commenting using a Facebook account, your profile information may be displayed with your comment depending on your privacy settings. By leaving the 'Post to Facebook' box selected, your comment will be published to your Facebook profile in addition to the space below.


Connect With Portfolio.com
Like Portfolio on Facebook

Come on, like us—you know you want to.

Follow Portfolio on Twitter

Follow us and if you're an innovative entrepreneur, we'll return the favor.

The Mix

Today's top stories, conversation starters, and the back nine business bites.

spotlight on

Slideshows

500 Startups Hits New York

Dave McClure's brainchild makes its way to New York and introduces East Coast money folks to some intriguing new companies. View Slideshow