16th US President
On JudgeMarket, Abraham Lincoln trades as one of the highest-conviction names in the American political book — a consensus blue-chip whose floor is reinforced every time the country revisits its founding questions. The price captures the full premium of holding a fracturing union together, the Emancipation Proclamation, and a martyr ending that locked in the legend. What caps further upside is subtle: suspensions of habeas corpus, wartime censorship, and revisionist debates over whether emancipation was cause or tactic leave a small discount that prevents a pure ceiling print. Compared to Winston Churchill, Lincoln carries similar wartime-leader beta but with less imperial baggage, and both sit well above Barack Obama, whose legacy is still in price discovery. Against Julius Caesar, Lincoln prices higher on moral clarity despite comparable historical weight. Volatility is low — this is a reference asset, re-rated only at generational intervals.
