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🏛️ Third-party candidates take a Perot-plus share of the 2024 vote, at Biden's expense

Chamath's forward call off RFK Jr's independent run: the electorate is far more fragmented than in 1992, protest voting is up (Gallup shows 63% support for a third party), so RFK can build a plurality among centrists and clear Ross Perot's 19% - and the damage lands mostly on Biden. Jason agrees third-party candidates will have a meaningful impact on the race; Sacks says the direction of the harm is unclear. The listed expression is the Trump-linked vehicle, which trades as a proxy on his 2024 odds.

0 CONVICTION
peaked 70.7 GREEN
EMBER
band · contested
▲ LONG DJT
expression · bullish politics-market
HIT
outcome · R +106.2% · α +79.4%
2024-12-29
window closed

⚖ Why this verdict

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

  1. Window: 2023-12-29 → 2024-12-29 — first mention + 12-month horizon, then the window locks.
  2. The call: ▲ LONG DJT (primary play). DJT rose 106.2% over the window → direction-adjusted R = +106.2% (the call made money).
  3. Benchmark: holding SPY over the same window returned +26.8%α = +106.2 − (+26.8) = +79.4% — what this call made or lost against just owning the index. This is the number the verdict uses.
  4. Rule fired:
    ▶ HIT — R ≥ +10% AND α ≥ +5 ✓ (R 106.2, α 79.4)
    · PARTIAL — R ≥ +5% OR α ≥ 0
    · MISS — everything else
  5. Credit: supporters of a HIT earn 1.0 each, opposers the inverse — this feeds the scoreboard weights. supported: Chamath, Jason, Sacks | opposed: Friedberg

Conviction timeline

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

Plays vs SPY · % since first mention (2023-12-29)

Plays

expressionsymbolkindrelevancerationale
▲ LONG DJTstock PRIMARY the listed Trump proxy - prices his 2024 odds, which rise if a third-party candidate peels votes disproportionately from Biden

Mention log

Chamath
Chamath politics-market w=1.02 · n=96 · E159 (2023-12-29) · explicit_prediction · strength 3 ▶ 17:59 SUPPORT · horizon 12mo
“There's a lot more protest votes today. There's just a lot of reasons where RFK can garner a lot of support and build a plurality among centrists.”
Jason
Jason politics-market w=1.00 · n=62 · E159 (2023-12-29) · sentiment · strength 2 ▶ 18:18 SUPPORT
“Third party candidates for me is the biggest surprise. And I do think it could have a meaningful impact.”
Jason
Jason politics-market w=1.00 · n=62 · E163 (2024-01-26) · sentiment · strength 2 ▶ 1:03:37 SUPPORT
“And that's why Trump and RFK are just crushing it in the polls.”
Jason
Jason politics-market w=1.00 · n=62 · E166 (2024-02-16) · sentiment · strength 2 ▶ 1:16:02 SUPPORT
“Third party is seeming more and more viable as we've talked about here. People forget the case of Ross Perot getting 19 percent, RFK looking pretty favorable”
Friedberg
Friedberg politics-market w=0.84 · n=74 · E166 (2024-02-16) · sentiment · strength 2 ▶ 1:22:27 OPPOSE
“Third party candidate can't win in the system.”
Chamath
Chamath politics-market w=1.02 · n=96 · E166 (2024-02-16) · explicit_prediction · strength 3 ▶ 1:28:18 SUPPORT
“there is a very reasonable chance, and I would put reasonable somewhere between 30 and 50%, that this third party gets created after the presidential election ... if RFK can get 30 plus percent support, which in some states I think you will”
Jason
Jason politics-market w=1.00 · n=62 · E172 (2024-03-29) · explicit_prediction · strength 2 ▶ 42:17 SUPPORT
“this seems really like it's going to damage Biden, which was my original prediction. And that reason why a lot of the right wing were supporting RFK was because they wanted, they saw this as a clear path to take away a couple of points from Biden. ... I think they could peel off a couple of percentage points in those states.”
Chamath
Chamath politics-market w=1.02 · n=96 · E172 (2024-03-29) · sentiment · strength 2 ▶ 42:31 SUPPORT
“First part of what you said is 100% right. I'm not sure that a bunch of Republicans are going to get organized, J Cal, to vote for RFK in that way.”
Sacks
Sacks politics-market w=0.97 · n=88 · E172 (2024-03-29) · explicit_prediction · strength 2 ▶ 41:34 SUPPORT
“I think what you're going to see is that lawyers from the DNC and the Biden campaign are going to fight tooth and nail to keep this ticket off the ballot, at least in the major contested states, like the five or six states where the presidency will be decided in 2024”

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=1.02
3 scoring events · 51% of moves
+57.5 → net +57.5
Jason
Jason w=1.00
4 scoring events · 30% of moves
+33.7 → net +33.7
Sacks
Sacks w=0.97
1 scoring event · 10% of moves
+11.3 → net +11.3
Friedberg
Friedberg w=0.84
1 scoring event · 9% of moves
+0.0 / -10.1 → net -10.1

⏳ decay drained -76.2 over the idea's life — that's time passing, attributed to no one

Score events

episodekindΔafternote
E159 2023-12-29 init +42.9 42.9 E159 born by Chamath (explicit_prediction x3) [w=1.02]
E159 2023-12-29 reinforce +12.9 55.7 E159 Jason support x2 (new voice)
E160 2024-01-06 decay -2.2 53.5 E160 silent
E161 2024-01-13 decay -2.1 51.4 E161 silent
E162 2024-01-19 decay -2.1 49.3 E162 silent
E163 2024-01-26 reinforce +7.6 56.9 E163 Jason support x2
E164 2024-02-02 decay -2.3 54.6 E164 silent
E165 2024-02-09 decay -2.2 52.4 E165 silent
E166 2024-02-16 reinforce +7.1 59.6 E166 Jason support x2
E166 2024-02-16 oppose -10.1 49.5 E166 Friedberg opposes x2 [w=0.84]
E166 2024-02-16 reinforce +9.3 58.8 E166 Chamath support x3 [w=1.02]
E167 2024-02-23 decay -2.4 56.4 E167 silent
E168 2024-03-01 decay -2.3 54.2 E168 silent
E169 2024-03-08 decay -2.2 52.0 E169 silent
E170 2024-03-15 decay -2.1 49.9 E170 silent
E171 2024-03-22 decay -2.0 47.9 E171 silent
E172 2024-03-29 reinforce +11.3 59.3 E172 Sacks support x2 (new voice) [w=0.97]
E172 2024-03-29 reinforce +6.1 65.4 E172 Jason support x2
E172 2024-03-29 reinforce +5.3 70.7 E172 Chamath support x2 [w=1.02]
E173 2024-04-05 decay -2.8 67.8 E173 silent
E174 2024-04-12 decay -2.7 65.1 E174 silent
E175 2024-04-19 decay -2.6 62.5 E175 silent
E176 2024-04-26 decay -2.5 60.0 E176 silent
E177 2024-05-03 decay -2.4 57.6 E177 silent
E178 2024-05-10 decay -2.3 55.3 E178 silent
E179 2024-05-17 decay -2.2 53.1 E179 silent
E180 2024-05-24 decay -2.1 51.0 E180 silent
E181 2024-05-31 decay -2.0 48.9 E181 silent
E182 2024-06-07 decay -2.0 47.0 E182 silent
E183 2024-06-14 decay -1.9 45.1 E183 silent
E184 2024-06-20 decay -1.8 43.3 E184 silent
E185 2024-06-29 decay -1.7 41.6 E185 silent
E186 2024-07-04 decay -1.7 39.9 E186 silent
E187 2024-07-12 decay -1.6 38.3 E187 silent
E188 2024-07-19 decay -1.5 36.8 E188 silent
E189 2024-07-26 decay -1.5 35.3 E189 silent
E190 2024-08-02 decay -1.4 33.9 E190 silent
E191 2024-08-09 decay -1.4 32.5 E191 silent
E192 2024-08-16 decay -1.3 31.2 E192 silent
E193 2024-08-23 decay -1.2 30.0 E193 silent
E194 2024-08-30 decay -1.2 28.8 E194 silent
E195 2024-09-06 decay -1.2 27.6 E195 silent
E196 2024-09-20 decay -1.1 26.5 E196 silent
E197 2024-09-27 decay -1.1 25.5 E197 silent
E198 2024-10-03 decay -1.0 24.5 E198 silent
E199 2024-10-11 decay -1.0 23.5 E199 silent
E200 2024-10-18 decay -0.9 22.5 E200 silent
E201 2024-10-25 decay -0.9 21.6 E201 silent
E202 2024-11-01 decay -0.9 20.8 E202 silent
E203 2024-11-08 decay -0.8 19.9 E203 silent
E204 2024-11-16 decay -0.8 19.1 E204 silent
E205 2024-11-23 decay -0.8 18.4 E205 silent
E206 2024-12-07 decay -0.7 17.6 E206 silent
E207 2024-12-13 decay -0.7 16.9 E207 silent
E208 2024-12-20 decay -0.7 16.3 E208 silent