Season-long scoreboard
The Herd Index — ten herders, one portfolio, one rule.
A league for public market voices. We record what the herd said, check it against the market, and let the results speak for themselves. The table never blinks.
The One Rule
Every bet is scored against the S&P 500.
A herder's score is the decay-weighted average of their bets.
The Herd's line is the average score of its ten members.
Beat the line or get relegated.
Herders are scored against the S&P 500, not against the index's own return. The index is the portfolio of their bets. Those are two different things, and we keep them that way.
How it works
Extract
What was said, when and where. Screenshots don't lie.
Score
Every bet is scored against the S&P 500. We watched, so you didn't have to.
Rank
A herder's score is the decay-weighted average of their bets. Who actually added value?
Compose
Equal weight per herder, split across their active longs. The index is always fully invested. No favours.
In short
- Weekly, Friday close to Friday close. Total return versus S&P 500 TR, base 100.
- The Herd is frozen each quarter: ten names, same list as the League Table and Herd Picks.
- Equal weight per herder, split across active long bets. Shorts stay out. Overlap adds up.
- Season 1 starts 4 September 2026, the first real freeze. Earlier weeks are simulated history.
- Non-investable. Entertainment, not investment advice — the host is a sheep.