October 1, 2025· 45 min

Tarek Mansour on Kalshi's Plan to Create Markets in Everything

Orality
Model
50%

Speaker Breakdown

HostJoe Weisenthal(1,210 words)
M:94%
HostTracy Alloway(7,881 words)
M:29%
GuestTarek Mansour(777 words)
M:29%

Oral Indicators

Agonistic40%
literally, completely, definitely
Engagement85%
you, our, your
Memory Aids100%
listen, so, now
Repetition100%
like (488x), know (131x), it's (118x)
Parallelism78%
So have you heard the story ab..., So switch to Verizon Business,..., So we didn't know because we s...
Sound Patterns100%
123 question(s), alliteration: "markets move", alliteration: "barclays brief"
Formulaic Phrases2%
i mean

Literate Indicators

Hedging6%
could, probably, maybe
Passive Voice3%
was recorded, is when, is when
Abstract Nouns15%
investment, prescription, medication
Subordination6%
because, until, however
Sentence Length29%
Avg: 12.2 words/sentence
Word Complexity45%
investment, analyze, anticipate
Academic Markers0%
Impersonal Style15%
987 personal pronouns found
Descriptive Style91%
automatically, family, apply

Description

For over 20 years, people have been talking about prediction markets or event markets are the next big thing. But mostly, with some niche exceptions, they haven't taken off, in part due to regulatory constraints. But now they seem to be booming, and the regulatory environment has gotten much more friendly. On this live episode recorded in Chicago, we speak with Tarek Mansour, the co-founder and CEO of Kalshi, one of the prediction market platforms that's booming. One reason it's doing so well is because it's gone big into sports, which of course gets into its own regulatory thicket. In this conversation, we talk about the future of these markets, the prospect for markets other than sports and presidential elections, and Kalshi's overall plan to let its users to eventually trade everything. Only Bloomberg.com subscribers can get the Odd Lots newsletter in their inbox — now delivered every weekday — plus unlimited access to the site and app. Subscribe at bloomberg.com/subscriptions/oddlots See omnystudio.com/listener for privacy information.