August 2017, Chicken Little Portfolio Performance

In August 2017, the Chicken Little Portfolio gained 1.74% while the Dow Jones Industrial Average gained 0.61%. The annus mirabilis continues for investors as all assets go up in price, almost every day.

2017, Annus mirabilis for investors

August 2017 performance

Chicken Little had a great month in August because the safety trade was on with Gold and Long-Term Treasury bonds showing the best returns.  The Dow Jones Industrial Average continues to accumulate gains with a year to date return exceeding 12%. 

Aug '17YTD 2017
Chicken Little1.74%4.56%
Dow Jones Industrials0.61%12.72%

Annus mirabilis is a Latin for "amazing year". 2017 has indeed been a wonderful year for investors. A blind monkey with a risk-seeking dart could get rich in 2017. Every major asset class has soared in value, led by bitcoin and other cryptocurrencies. In August 2017 alone, bitcoin rose in value by 71% - almost exactly 5 years worth of gains for the US stock market. Bitcoin's gains in 2017 are equal to 20 years of gains for US stocks. 

AssetSymbolAug '17YTD 2017
Dow Jones IndustrialsDIA0.61%12.72%
Non-US StocksEFA-0.79%16.84%
Emerging Market StocksEEM2.34%28.60%
US Long-Term BondsTLT3.36%8.94%

September 2017 portfolio positions

As of September 2017, Chicken Little is long US Treasuries with a good amount of cash, and a tiny amount of cryptocurrencies and stocks. Chicken Little made no trades in August 2017, ending the month with the exact same positioning as at the beginning. 

Previous month's report                           Subsequent Month's report

Chicken LittleDow Jones Industrials
2017 (through August 31)4.56%12.72%
2015 (3/31 -> 12/31)-2.49%-0.27%
since inception (3/31/15)0.00%30.49%

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