Portfolio Update 01/15/2026 - Market Resilient 🔺
Even as Tensions Mount 💥
Quick performance check-in: my portfolio is up +1.6% since the last update, which lagged SPY’s +2.0% over the same stretch. Not ideal, but I’m not too worried—if anything, it feels like a reasonable start given the old market saying: “as goes January, so goes the year.” If that rhyme has any bite this time around, we’re off to a solid start.
You’ll notice a change in the lineup: I’ve retired the KMLM Canary Combo and replaced it with what I’m calling the Uncorrelated Combo. The appeal? Near-zero correlation to the broader market, paired with high-teen CAGR over 18 years of backtesting. On paper, it’s exactly what I want. In practice? The proof is in the pudding—stay tuned.
On a broader note, multiple concerning conflicts continue to unfold around the world, both internal and external. Here’s hoping common sense and peace prevail this year and beyond.