TBPN: Episode, Nov 6, 2025

TBPN Podcast, November 6, 2025: OpenAI's "Backstop," The Benefits of Bubbles, Elon's New Comp Package | Bret Taylor, Dave Baszucki, Vlad Tenev, Uri Marchand, Alex Israel, P
Thu, Nov 6EpisodePublisher transcriptTBPN

On the Nov 6, 2025 episode of TBPN, 5 of the 12 words Kalshi listed were said; Parrot’s count agreed with 11 of 12 settlements. Quotes below are at most 25 words each.

Updated

Markets

12 words · 5 settled yes · our count agreed on 11 of 12

backtest The probabilities on settled rows are a walk-forward backtest: the model as of before each event, computed after Parrot went live; they were not published at the time.

Listed words: result, our count under the market rule, the count over every speaker, whether they agree, and the probability (a walk-forward backtest on settled rows)
WordResultOur countAll speakersAgreesProbabilityMarket
Prediction Market Yes1016✓–n=1 too little history for a probability–
Election Yes66✓–new new word, no probability yet–
Sports Yes23✓–new new word, no probability yet–
Token / Tokenization Yes14✓–new new word, no probability yet–
Kalshi Yes00✗–new new word, no probability yet–
Bitcoin No01✓–new new word, no probability yet–
Blockchain No00✓–new new word, no probability yet–
Economy No026✓–new new word, no probability yet–
Football No01✓–new new word, no probability yet–
Retirement No00✓–new new word, no probability yet–
Stock Market No02✓–new new word, no probability yet–
Shutdown / Shut Down No00✓–n=1 too little history for a probability–

Market prices are mid quotes from Kalshi and Polymarket, shown for context, may be delayed by several minutes and are not a signal. Quotes as of Oct 20, 2026 23:45 UTC.

Transcript

quotes of at most 25 words

Publisher transcript · TBPN podcast transcript (publisher RSS) · Source · Used to count words; quotes of at most 25 words.

32 matches for “Point”; 4 quoted, at least 25 words apart.

Sarah Fryer (archival clip)other1:40

…equivalents that have been around like maybe six, seven years at this point in time. If that's the case, financing chips gets a lot easier.…

Sarah Fryer (archival clip)other3:15

…we're always being brought in by the White House to give our point of view as an expert on what's happening in the sector for…

Vlad Tenevguest2:21:34

…crypto leader. What's the best Robinhood feature? What's his favorite one? He'd point to the brokerage business because the main one of the main advantages…

Vlad Tenevguest2:22:59

…they don't pay much interest in savings either, but that's beside the point. The reason is, they have to earn money somewhere, and and checking…

Where the listed words were said

Vlad Tenevguest“Prediction Market” · 1:59:42

…that we've had for a long time, equities, options, crypto, but then prediction markets have just been ripping. Okay. You know, we've we've been doubling…

Vlad Tenevguest“Election” · 2:04:57

…A lot a lot of of people used to play the presidential election Yeah. And have a thesis there that they would play by trading…

Vlad Tenevguest“Sports” · 2:17:03

…Super Bowl, which we had to pull back, but then we relaunched sports with March Madness, and it's just been on a tear ever since.…

Vlad Tenevguest“Token / Tokenization” · 2:06:24

…go up or down. And I think we're moving in that direction. Tokenization is is is solving a lot of the technical problems with that.…

Agents: this page as TSV at /api/v1/appearances/tbpn:2025-11-06:podcast_episode · words: /api/v1/brief?appearance=tbpn:2025-11-06:podcast_episode · columnar JSON in #parrot-data · llms.txt · MCP