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Showing posts from December, 2020

Prediction: Will Kamala Harris File to run for President before the end of 2022?

It is very unlikely that Harris would do this, even if Joe Biden intends to be a one term president.  Obama filed on April 4, 2011.    Bush filed for re-election on May 16, 2003.  There is some fear that if Joe Biden died, Kamala would become president and then file. It is unlikely that Joe Biden will die between now and 2022. According to the SSA's actuarial life table , the chance of a 78 year old man dying from now until he turns 80 is roughly 10% (5% + 5%). Worst case scenario, this should be priced at 90%. PredictIt currently prices the NO contract at 72%.  I would recommend buying in. Disclaimer: I have, and am currently continuing to build, a position in the NO contract.

Prediction: GA Runoff Turnout

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Overview and Background Today's date is December 23, 2020. On January 05, 2021 Georgia will have two runoff elections for senator. The last day of early voting is December 31, 2020. Many counties have no voting on December 24 & 25. Additionally, GA's largest county (Fulton County) will not have voting on December 31st in observance of New Years Eve. Since early voting started on December 14, daily runoff turnout has been well defined by the function Runoff Voting = .94 * corresponding_GE_day_of_voting. I believe that for days on which early voting is available, this trend will continue. Additionally, I believe that the best proxy for Runoff election day will be early in person voting, which has been running at about 103% of GE Election day voting. This data is derived from the website georgiavotes.com . In creating this model, there were effectively two variables I needed to think about. 1) Runoff Early Voting as a percent of corresponding GE Early Voting Day and then 2) Ru