December 2017 performance
Chicken Little had a winning month in December 2017 to conclude a positive year. The rewards to Chicken Little were swamped by other investments.All assets were positive in the month led by bitcoin's stunning 46% gain (in the month). Global equities continue their amazing rise, with the Dow Jones industrial average yearly gain of 27%.
Bitcoin surpassed $20,000 earlier this month. Having fallen by 35% from that peak, Bitcoin ends the month up almost 50%, and the year up well over 1000%.
What an amazing year! The only way to lose in 2017, was not to play.
January 2018 portfolio positions
Chicken Little starts 2018 where he as spent the last several years, cowering in fear. Chicken Little is long US Treasuries with a good amount of cash. In December 2017, Chicken Little made no changes to the portfolio other than a modest dive back into cryptocurrencies.
Chicken Little remains ready to begin Bear Market Operations, but for now is sitting on his hands.
Chicken Little remains ready to begin Bear Market Operations, but for now is sitting on his hands.
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