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🤖 LK-99 is a diamagnet, not a room-temperature superconductor

Chamath's directional call on the LK-99 claim two weeks into the global replication frenzy: the material is diamagnetic rather than superconducting, so it ends up as one more entry on the long list of near-miss materials rather than a room-temperature superconductor. Sacks concurs on the skeptical side ('wake me up when you know it's real') and Friedberg endorses the ~30% prediction-market handicap, noting one Chinese lab needed 8,000 samples to get zero resistance and only at -100C. The counter-case in the room is that five independent simulation labs produced confirmatory electron-pathway models, so the science-corner optimism is about the new search space this opens, not about LK-99 itself.

0 CONVICTION
peaked 54.5 WATCH
DORMANT
band
▼ SHORT AMSC
expression · bearish tech
MISS
outcome · R -107.8% · α -128.7%
2024-08-04
window closed

⚖ Why this verdict

fully deterministic — evaluate.py replays this from daily closes; nothing below is editable or hand-set

  1. Window: 2023-08-04 → 2024-08-04 — first mention + 12-month horizon, then the window locks.
  2. The call: ▼ SHORT AMSC (primary play). AMSC rose 107.8% over the window → direction-adjusted R = -107.8% (the call lost money).
  3. Benchmark: holding SPY over the same window returned +20.9%α = -107.8 − (+20.9) = -128.7% — what this call made or lost against just owning the index. This is the number the verdict uses.
    Stock-selection read: -86.8% — did AMSC move the predicted way relative to the market. The two only differ on a SHORT: this call was right about direction relative to the index but still cost money versus holding it.
  4. Rule fired:
    · HIT — R ≥ +10% AND α ≥ +5
    · PARTIAL — R ≥ +5% OR α ≥ 0
    ▶ MISS — everything else
  5. Credit: supporters of a MISS earn 0 each, opposers the inverse — this feeds the scoreboard weights. supported: Chamath, Friedberg, Sacks

Conviction timeline

bands: green ≥ 65 · watch ≥ 45 · ember ≥ 15

Plays vs SPY · % since first mention (2023-08-04)

Plays

expressionsymbolkindrelevancerationale
▼ SHORT AMSCstock PRIMARY only listed pure-play superconductor name; it popped on the LK-99 news flow, so it is the closest liquid expression of the hype deflating. LOOSE PROXY — AMSC's grid/wind order book drives it far more than superconductor science, so a 12-month score on this symbol is noisy and can invert the verdict on the underlying call

Mention log

Chamath
Chamath tech w=0.90 · n=83 · E140 (2023-08-04) · explicit_prediction · strength 2 ▶ 15:50 SUPPORT
“And I think we're going to find that, you know, it's like yet another material added to the list of materials, and it's okay.”
Sacks
Sacks tech w=0.77 · n=53 · E140 (2023-08-04) · sentiment · strength 2 ▶ 24:46 SUPPORT
“Yeah, I mean, my attitude is kind of like, wake me up when you know it's real.”
Friedberg
Friedberg tech w=1.08 · n=65 · E140 (2023-08-04) · sentiment · strength 1 ▶ 19:13 SUPPORT
“Yeah, I think it's probably that's probably a good handicap for where we are.”

Who built this conviction

each voice's total force on the score — supports and opposes from every mention, weighted exactly as the replay applied them · share = % of all mention-driven movement

Chamath
Chamath w=0.90
1 scoring event · 58% of moves
+31.6 → net +31.6
Friedberg
Friedberg w=1.08
1 scoring event · 24% of moves
+13.3 → net +13.3
Sacks
Sacks w=0.77
1 scoring event · 18% of moves
+9.6 → net +9.6

⏳ decay drained -46.1 over the idea's life — that's time passing, attributed to no one

Score events

episodekindΔafternote
E140 2023-08-04 init +31.6 31.6 E140 born by Chamath (explicit_prediction x2) [w=0.90]
E140 2023-08-04 reinforce +13.3 44.9 E140 Friedberg support x1 (new voice) [w=1.08]
E140 2023-08-04 reinforce +9.6 54.5 E140 Sacks support x2 (new voice) [w=0.77]
E141 2023-08-11 decay -2.2 52.3 E141 silent
E142 2023-08-18 decay -2.1 50.2 E142 silent
E143 2023-08-25 decay -2.0 48.2 E143 silent
E144 2023-09-01 decay -1.9 46.3 E144 silent
E146 2023-09-22 decay -1.9 44.4 E146 silent
E147 2023-09-29 decay -1.8 42.6 E147 silent
E148 2023-10-07 decay -1.7 40.9 E148 silent
E149 2023-10-13 decay -1.6 39.3 E149 silent
E150 2023-10-20 decay -1.6 37.7 E150 silent
E151 2023-10-27 decay -1.5 36.2 E151 silent
E152 2023-11-03 decay -1.4 34.8 E152 silent
E156 2023-12-08 decay -1.4 33.4 E156 silent
E157 2023-12-16 decay -1.3 32.0 E157 silent
E158 2023-12-23 decay -1.3 30.8 E158 silent
E159 2023-12-29 decay -1.2 29.5 E159 silent
E160 2024-01-06 decay -1.2 28.3 E160 silent
E161 2024-01-13 decay -1.1 27.2 E161 silent
E162 2024-01-19 decay -1.1 26.1 E162 silent
E163 2024-01-26 decay -1.0 25.1 E163 silent
E164 2024-02-02 decay -1.0 24.1 E164 silent
E165 2024-02-09 decay -1.0 23.1 E165 silent
E166 2024-02-16 decay -0.9 22.2 E166 silent
E167 2024-02-23 decay -0.9 21.3 E167 silent
E168 2024-03-01 decay -0.9 20.5 E168 silent
E169 2024-03-08 decay -0.8 19.6 E169 silent
E170 2024-03-15 decay -0.8 18.8 E170 silent
E171 2024-03-22 decay -0.8 18.1 E171 silent
E172 2024-03-29 decay -0.7 17.4 E172 silent
E173 2024-04-05 decay -0.7 16.7 E173 silent
E174 2024-04-12 decay -0.7 16.0 E174 silent
E175 2024-04-19 decay -0.6 15.4 E175 silent
E176 2024-04-26 decay -0.6 14.8 E176 silent
E177 2024-05-03 decay -0.6 14.2 E177 silent
E178 2024-05-10 decay -0.6 13.6 E178 silent
E179 2024-05-17 decay -0.5 13.1 E179 silent
E180 2024-05-24 decay -0.5 12.5 E180 silent
E181 2024-05-31 decay -0.5 12.0 E181 silent
E182 2024-06-07 decay -0.5 11.5 E182 silent
E183 2024-06-14 decay -0.5 11.1 E183 silent
E184 2024-06-20 decay -0.4 10.6 E184 silent
E185 2024-06-29 decay -0.4 10.2 E185 silent
E186 2024-07-04 decay -0.4 9.8 E186 silent
E187 2024-07-12 decay -0.4 9.4 E187 silent
E188 2024-07-19 decay -0.4 9.0 E188 silent
E189 2024-07-26 decay -0.4 8.7 E189 silent
E190 2024-08-02 decay -0.3 8.3 E190 silent