December 2023, Chicken Little Portfolio Performance

 Chicken Little a failure?

A senior Goldman, Sachs & Co. executive recently said, "I'd be retired if it weren't for Terry Burnham." He is right in that I have been resolutely bearish for more than a decade while risk assets have soared. The best approach would have been to buy crypto, the second best, buy any risky asset, and, pulling up the rear, Chicken Little's portfolio - my real portfolio.  

Chicken Little has been wrong for a decade