'Big Short' investor Danny Moses discloses Kalshi use for economic forecasting
Danny Moses, the investor known from 'The Big Short,' has disclosed that he uses Kalshi for economic forecasting and stock-move prediction. In a Business Insider interview shared on LinkedIn, Moses detailed how prediction markets fit into his investing process and said it is 'only a matter of time before hedge funds start utilizing event contracts to express macroeconomic views or hedge current exposures.' The article referenced his trading activity on Kalshi, including positions related to Tesla. Moses also wrote about his Kalshi use on his Substack, though he did not disclose specific strategy details there. The disclosures mark a notable mainstream hedge-fund figure publicly embracing regulated event contracts as an analytical tool.
Moses's public endorsement gives Kalshi credibility with institutional allocators who have stayed on the sidelines. If even a fraction of hedge funds follow his lead, Kalshi's volume mix shifts from retail-driven sports bets toward stickier macroeconomic contracts with larger ticket sizes.
Moses joins a growing roster of institutional voices — including the new Galaxy Digital–Arca OTC desk and market-makers DRW, Wintermute, and IMC — treating regulated prediction markets as a serious asset class rather than a retail novelty.