The quarterly and annual market review is here! Click here. It's 30 pages and examines the global markets from every angle. The first half is quarterly and second half is the annual. There is also a write-up on bitcoin halfway through.Our 2-page O'Reilly Wealth Advisors performance summary can be found hereHere's a quick 2017 market and O'Reilly Wealth Advisors portfolios update.Markets and our portfolios performed well in 2017. The “winner” for 2017 was markets outside the USA meaning non-US developed countries and emerging market countries. Over the last 20 years markets outside the USA have performed lower compared to the USA large and small stocks - and many shied away from this asset class. We have remained disciplined and our portfolios are exposed to the 27% return. (5% in Q4!) Of the 27% return, 37% was attributable to emerging markets and 24% was international developed countries. Other investors lost out by avoiding this market segment due to past history.Next best was US large companies as represented by S&P 500, up about 22% (6.6% in Q4!). US small companies (Russell 2000) also had a great year at about 15% (3.3% in Q4.)O'Reilly Wealth Advisors' most conservative portfolios (40% stock, 60% bonds) were up about 2.2% and 9% for the quarter and year respectively. Excellent results for conservative portfolios which enjoy less volatility at the expense of larger returns. Our most aggressive portfolios (meaning 100% stock, 0% bonds) enjoyed great returns of about 6% and 20% for the quarter and year respectively. The other models fell in between. Even the 100% stock portfolios enjoyed lower volatility than the indexes due to their heavy diversification.