Last week we reviewed how the GTC Sample Portfolio had performed through 2024. As we stated then, we have performed pretty much how we had hoped to perform in a worst-case scenario. Playing our bets conservatively, since we believe that a stock-market bubble began in November of 2023 (as we have outlined in previous entries).

The best-case scenario was that we were hoping our short-term trading would have performed well with a few simple trades, carrying our other two programs (Equity Fixed Income Hybrid Core Program and our Long-Short Valuation Program) higher still. However, we received a 'worst-case' scenario, wherein the few short-term trades we placed did not perform as well as we had hoped. Nevertheless, we still managed to deliver linear returns, beating the risk-free rate and thus preserving and growing our capital in what we feel is an insanely overvalued market.