Buy the Rumor; Sell the News

Handwaving about Optimizing Income Statements with Data Science

Buy the rumor, sell the news

Dave Friedman's avatar
Dave Friedman
Mar 18, 2021
∙ Paid
1
Share

Someone asked me on Quora whether there is a way to make a futures market for airplane tickets. It’s an interesting idea, and in principle I see no reason why it couldn’t be done. So I did a bit of Googling, and it turns out that a company called Skytra announced such an initiative. Nasdaq’s announcement is here. It reads, in part:

Skytra was recentl…

This post is for paid subscribers

Already a paid subscriber? Sign in
© 2025 Dave Friedman
Privacy ∙ Terms ∙ Collection notice
Start your SubstackGet the app
Substack is the home for great culture