January 2023, Chicken Little Portfolio Performance

The bear market case is getting existential. How long will we have to wait for the bone-crushing financial depression? 

Only Samuel Beckett knows

January 2023 performance

Chicken Little lost 0.22% in December 2022 while the The Dow Jones Industrial Average gained 2.79%.

	Jan '23	YTD
Chicken Little	-0.22%	-0.22%
Dow Jones Industrials	2.79%	2.79%

January 2023, was a giddy time to take financial risk. Many cryptocurrencies doubled in the month, and every asset class including bonds, global stocks, bitcoin and gold saw strong gains. The only way to lose was to be in cash, or to bet against any asset.  

Asset	Symbol	Jan '23	YTD
Dow Jones Industrials	DIA	2.79%	2.79%
Non-US Stocks	EFA	9.00%	9.00%
Emerging Market Stocks	EEM	9.13%	9.13%
US Long-Term Bonds	TLT	7.64%	7.64%
Gold	GLD	5.17%	5.17%
Bitcoin	BTC	39.57%	39.57%

February 2023 portfolio position

The Chicken Little Portfolio remains prepared for financial disaster.  The portfolio was stopped out of its short equity position so now is left entirely in Treasury Bills. A true chicken's position. Waiting for Godot indeed. 

Previous month's report          Subsequent Month's report

	Chicken Little	Dow Jones Industrials
2023 (through January)	-0.22%	2.79%
2022	-5.88%	-7.06%
2021	5.11%	20.69%
2020	8.04%	9.27%
2019	9.03%	24.82%
2018	1.27%	-3.63%
2017	4.57%	27.72%
2016	-1.92%	16.08%
2015 (April through Dec)	-2.49%	-0.27%
since inception (3/31/15)	17.77%	124.08%