🌍 More market volatility, not less
Chamath's read coming out of the meme-stock episode: the GameStop-style blowups keep recurring because market volatility is structurally rising from here, not settling down.
0
CONVICTION
peaked 35.0 EMBER
DORMANT
band
▲ LONG VIXY
expression · bullish macro
WRONG
result · return -63.3% · vs SPY -77.1%
2022-02-13
born 2021-02-13 (E22) → window closed
⚖ Why this result
fully deterministic — computed from daily closes on the scoring date; nothing below is editable or hand-set
- Window: 2021-02-13 → 2022-02-13 — first mention + 12-month horizon, then the window locks.
- The call: ▲ LONG VIXY (primary play). VIXY fell 63.3% over the window → return (sign flipped for a SHORT) = -63.3% (the call lost money).
- Benchmark: holding SPY over the same window returned +13.8% → vs SPY = -63.3 − (+13.8) = -77.1% — what this call made or lost against just owning the index. This is the number the result uses.
- Rule fired:
· RIGHT — return ≥ +10% AND beat SPY by 5+· HALF — return ≥ +5% OR beat SPY at all▶ WRONG — everything else
- Credit: supporters of a WRONG earn 0 each, opposers the opposite — this feeds the scoreboard. supported: Chamath
Conviction timeline
bands: green ≥ 65 · watch ≥ 45 · ember ≥ 15
Plays vs SPY · % since first mention (2021-02-13)
Plays
Mention log newest first
Chamath
macro 53% · n=47
· E54 (2021-11-06) · sentiment · strength 1
▶ 14:41
SUPPORT
· horizon 48mo
“The question is, what do you short against it, so that you can take up the market volatility and you can play spread? ... That's a spread trade that over the next four or five years, where if you expect a lot of market volatility, it makes sense to maybe put some of this kind of stuff on.”
Who built this conviction
each voice's total push on the score, in conviction points across every mention — supports and opposes · share = % of all mention-driven movement
⏳ decay drained -33.4 over the idea's life — that's time passing, attributed to no one
Score events
| episode | kind | Δ | after | note |
|---|---|---|---|---|
| E22 2021-02-13 | init | +35.0 | 35.0 | E22 born by Chamath (explicit_prediction x2) |
| E23 2021-02-20 | decay | -1.4 | 33.6 | E23 silent |
| E24 2021-03-06 | decay | -1.3 | 32.3 | E24 silent |
| E25 2021-03-13 | decay | -1.3 | 31.0 | E25 silent |
| E26 2021-03-20 | decay | -1.2 | 29.7 | E26 silent |
| E27 2021-03-27 | decay | -1.2 | 28.5 | E27 silent |
| E28 2021-04-01 | decay | -1.1 | 27.4 | E28 silent |
| E29 2021-04-17 | decay | -1.1 | 26.3 | E29 silent |
| E30 2021-04-23 | decay | -1.1 | 25.2 | E30 silent |
| E31 2021-05-01 | decay | -1.0 | 24.2 | E31 silent |
| E32 2021-05-13 | decay | -1.0 | 23.3 | E32 silent |
| E33 2021-05-22 | decay | -0.9 | 22.3 | E33 silent |
| E34 2021-05-31 | decay | -0.9 | 21.4 | E34 silent |
| E35 2021-06-13 | decay | -0.9 | 20.6 | E35 silent |
| E36 2021-06-18 | decay | -0.8 | 19.8 | E36 silent |
| E37 2021-06-25 | decay | -0.8 | 19.0 | E37 silent |
| E38 2021-07-03 | decay | -0.8 | 18.2 | E38 silent |
| E39 2021-07-09 | decay | -0.7 | 17.5 | E39 silent |
| E40 2021-07-16 | decay | -0.7 | 16.8 | E40 silent |
| E41 2021-07-23 | decay | -0.7 | 16.1 | E41 silent |
| E42 2021-07-30 | decay | -0.6 | 15.5 | E42 silent |
| E43 2021-08-06 | decay | -0.6 | 14.9 | E43 silent |
| E44 2021-08-28 | decay | -0.6 | 14.3 | E44 silent |
| E45 2021-09-04 | decay | -0.6 | 13.7 | E45 silent |
| E46 2021-09-14 | decay | -0.5 | 13.1 | E46 silent |
| E47 2021-09-18 | decay | -0.5 | 12.6 | E47 silent |
| E49 2021-10-02 | decay | -0.5 | 12.1 | E49 silent |
| E50 2021-10-09 | decay | -0.5 | 11.6 | E50 silent |
| E51 2021-10-16 | decay | -0.5 | 11.2 | E51 silent |
| E52 2021-10-23 | decay | -0.4 | 10.7 | E52 silent |
| E53 2021-10-30 | decay | -0.4 | 10.3 | E53 silent |
| E54 2021-11-06 | reinforce | +10.8 | 21.1 | E54 Chamath support x1 |
| E55 2021-11-13 | decay | -0.8 | 20.2 | E55 silent |
| E56 2021-11-20 | decay | -0.8 | 19.4 | E56 silent |
| E57 2021-12-04 | decay | -0.8 | 18.6 | E57 silent |
| E58 2021-12-11 | decay | -0.7 | 17.9 | E58 silent |
| E59 2021-12-17 | decay | -0.7 | 17.2 | E59 silent |
| E60 2021-12-23 | decay | -0.7 | 16.5 | E60 silent |
| E61 2021-12-29 | decay | -0.7 | 15.8 | E61 silent |
| E62 2022-01-08 | decay | -0.6 | 15.2 | E62 silent |
| E63 2022-01-15 | decay | -0.6 | 14.6 | E63 silent |
| E64 2022-01-22 | decay | -0.6 | 14.0 | E64 silent |
| E65 2022-01-29 | decay | -0.6 | 13.4 | E65 silent |
| E66 2022-02-05 | decay | -0.5 | 12.9 | E66 silent |
| E67 2022-02-12 | decay | -0.5 | 12.4 | E67 silent |