Danny Moses, a Wall Street trader recognized for his role in 'The Big Short', has begun utilizing prediction markets to refine his investment strategies. In a recent discussion with Business Insider, he explained how platforms like Kalshi and Polymarket enable users to place bets on various events, extending beyond sports to include political developments and economic forecasts. Moses noted that these markets often serve as superior indicators of market sentiment compared to traditional data sources. He frequently checks Kalshi for new contracts that might influence his investment thesis. For instance, he successfully identified a contract related to a potential merger between SpaceX and Tesla, which allowed him to act on Tesla's stock before mainstream news emerged. Moses also places bets on anticipated events, such as the trading debut of Anthropic, based on odds presented on Kalshi. He emphasizes that prediction markets can help investors express macroeconomic views and hedge existing positions, suggesting a future where hedge funds may increasingly integrate these tools into their trading strategies.