Trading on Buzz
George W. Bush is worth more than Brad Pitt. Well, at least on Trendio com a site where you can speculate on the news. Investors start with $10,000 in play money, which they can plow into some 200 terms, like Michael Jackson, gunman and Dick Cheney. Trading prices of the terms fluctuate according to how often they appear in stories from 3,000 media sources--so the value of Brad Pitt spiked on news of his daughter's birth. But if you can't make real money, what's the point? "Media consumers don't give much thought to the news they receive," says creator Jean Agersberg, a Swedish economics student. The 10,000-plus members who have joined since Trendio was launched last month must be thinking harder now; the savviest investors' portfolios are worth about $2.5 million. Looking for a sure thing? Agersberg says he's bullish on words related to war and natural disaster: "You can never go wrong with carnage."
Most Popular »
- Why Obama's Afghan War is Different
- How Medicated Was Michael Jackson?
- Why Sarah Palin Quit as Governor
- Behind North Korea's Missile Launch
- Searching for Palin's 'Hot Photos'
- When Benedict Meets Barack
- Afterbirth: It's What's For Dinner
- What Michael Jackson Did on His Last Day
- Asian Film Fireworks for the Fourth
- U.S. and Russia: The Talk Starts Here
- Afterbirth: It's What's For Dinner
- Why Obama's Afghan War is Different
- How Medicated Was Michael Jackson?
- Asian Film Fireworks for the Fourth
- Why Marriage Matters
- How to Moonwalk like Michael
- When Benedict Meets Barack
- U.S. and Russia: The Talk Starts Here
- Behind North Korea's Missile Launch
- Michael Jackson: The Death of Peter Pan







RSS