Four years ago, almost to the day, Vermont Sen. Bernie Sanders took the stage at the Henderson Pavilion to announce that he had lost the Nevada caucus.

But he was, surprisingly, upbeat. That’s because Sanders, with his quixotic, longshot campaign calling for a political revolution, had only lost to Clinton, running with the full force of the Democratic Party establishment behind her, by a little more than 5 percentage points. In the months leading to the caucus, he had been projected to lose by some 20, 30 or 40 points to the former secretary of state.

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“We have come a very long way in nine months. It is clear to me, and I think most observers, that the wind is at our backs,” Sanders said. “We have the momentum.”

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