It’s true that fortune doesn’t always favor the bold. (As McCarthy notes, that phrase originates in Virgil’s “Aeneid,” where it’s uttered by an Italian warlord just before he gets killed.) But the key to the don’t-miss-your-moment argument is that when it comes to something as difficult as gaining the presidency, mostly fortune doesn’t favor anybody. Every would-be president, no matter their virtues as a politician, is inevitably a hostage to events, depending on unusual synchronicities to open a path to the White House.
A great many successful political careers never have that path open at all. A minority have it open in the narrowest way, where you can imagine threading needles and rolling lucky sixes all the way to the White House. Only a tiny number are confronted with a situation where they seem to have a strong chance, not just a long-shot possibility, before they even announce their candidacy.
That’s where DeSantis sits right now. The political betting site PredictIt places his odds of being president in 2024, expressed as a share price, at 23 cents, slightly below Trump and well below Biden, but far above everybody else. Those odds, representing a roughly 20 percent chance at the White House, sound about right to me. If you look at national polls since Trump’s indictment, DeSantis’s support has dipped only slightly; if you look at polls of early primary states he’s clearly within striking distance, Trump has a floor of support but also a lot of voters who aren’t eager to rally to him (his indictment may have solidified support, but it didn’t make his numbers soar) and DeSantis has not yet even begun to campaign. He’s in a much better position than any of Trump’s rivals ever were in 2016, and you could argue that he starts out closer to the nomination than any Republican candidate did in 2008 or 2012.
Not to run now is to throw this proximity away, in the hopes of starting out even closer four years hence. But DeSantis’s current position is itself a creation of unusual political good fortune. Yes, he’s been skillful, but that skill wouldn’t have gotten him here without events beyond anyone’s control — the Covid-19 pandemic, the woke revolution in liberal institutions, the split between Mike Pence and Trump after Jan. 6, the strength of the Florida economy, and more.
It’s obviously possible to imagine a future where fortune continues to favor DeSantis and he goes into 2028 as the prohibitive favorite. But time and chance are cruel, and there are many more paths where events conspire against him, and he wakes up in 2027 staring at PredictIt odds of 5 percent instead.