Dimitri Busevs: When investing platforms start to feel like casinos
A recent regulatory decision in Canada has opened the door for investing platforms to offer prediction markets; this would allow everyday investors to essentially bet on whether the Bank of Canada will cut rates next quarter, or if 2026 will be the warmest year on record.It’s a big deviation from the fundamentals that build wealth: understanding company performance, evaluating management quality, and analyzing dividends. Instead, prediction markets encourage investors to put it all on red.