Kalshi

“The best forecaster over the last 18 to 24 months is, is a random dude from Kansas. Never traded in his life, just likes to read the news. And this man just knows what inflation is gonna be.”

“We have large market makers like Susquehanna, SIG and a few others that are confidential.”

“I think you know, Trump at 55%, that feels underpriced to me. Let's go in on it.”

“So we won this month, and the cool thing now is, like, it's the first time in a hundred years that betting on the election, trading on the election is actually legal in the U.S., It's finally back to actually being legal, and this time it's actually regulated,…”

“I mean, actually, we're growing, like, I think the last two days have been, like, six x day over day in terms of, like, sign ups and in terms of volume.”

“Like, grain prices, or hurricanes, or Brexit happening or not, or election, Trump versus Kamala winning, that's a risk that exists already, right? Like, it's not like you and I are creating this risk so that we can bet on it. This exists already, and some peop…”

“Actually I cannot trade on Cauchy. I can't trade on any instrument other than stocks because I run a regulated exchange.”

“Like we can predict daily weather more accurately than most weather stations.”

“50% of our markets actually come from our users. We have this thing called Market Builder on the site, on the app, where people can just build a market and make the case like, hey, I think this should be up, and then we list it within 24 hours.”

“We have been the most accurate forecast for inflation over the last two years. Which is really hard to forecast. We're better than Bloomberg. We're better than the Economist survey.”

“So we own now as of this year, actually, one of the, like, there's a handful of clearinghouses in the U.S. That can actually clear, that can move and hold dollars for trading derivatives.”

“CalShay is actually the first legal platform in the U.S. Where you can basically bet yes, no on any future questions.”

“I want to do it. I want to do it within the next, next, maybe, 12 to 18 months.”

“There are people that are making hundreds of thousands of dollars a month on, on weather, weather alone.”

“The other thing that's actually really cool, and we launched this just now, is now you have a bet on Trump, you also, like, only get paid interest on that bet. So it's, it gets deposited in money markets, in US treasuries, and you get paid 4.1% interest while …”

“When Juan and I brought it up to Alfred and from Sequoia and then YC, we're like, Hey, we're going to sue the government, our regulator. And they're like, we, it's never a good idea. It's just a bad pattern, but we took the risk”

“There is demand for, like, ten million dollars, twenty million dollars. Actually, there is demand even up to a hundred million dollar trades. We have three weeks, so we're gonna have to figure out if we have enough time with our compliance departments to onboa…”