Pundits Beware - You Are Being Watched
A new web service, called PunditWatch, has recently launched which aims to track the accuracy of predictions made by popular pundits like Pat Buchanan and tech blogger Mike Arrington.
Edinburgh, Scotland (PRWEB) July 28, 2008 -- How often do our favorite famous pundits actually get their predictions right? PunditWatch (http://punditwatch.hubdub.com) is a new service that aims to find out.
The site tracks nine prominent journalists and bloggers from politics, technology and entertainment and ranks them by their ability to predict future events. Each time one of them makes a prediction in an article or blog post, PunditWatch records it. Then, as events occur, each pundit's accuracy is calculated and shown in a leaderboard comparing the good, the bad, and the really bad in the world of professional predictions.
After three months, the New York Times' David Brooks leads the field with an impressive 100% record. Pat Buchanan is another surprising strong performer with so far four out of four predictions proving accurate. Both lead MSNBC talk show host, Chris Matthews, who is trailing in seventh place. And falling badly to the rear are Mike Arrington's TechCrunch and entertainment blog DListed which have both only managed to get one in seven predictions right.
The company behind PunditWatch is Hubdub (http://www.hubdub.com), a recently-launched news prediction site, where you compete with other users at predicting the outcomes of real news events. Hubdub currently tracks around 2,000 news events and now with PunditWatch you can compete against your favorite pundit.
It is early days and it remains to be seen if some pundits really are better than others in the long run. If they are, PunditWatch provides an interesting new perspective on who it is worth listening to, and who you can make money betting against.
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