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Cumulative Loss of Value Factor (%) (1826-2023)

Submitted by Your Personal CFO - Bourbon Financial Management on July 11th, 2024

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Effective Fed Funds Rate vs Market Expectations (2000-2028)

Submitted by Your Personal CFO - Bourbon Financial Management on July 11th, 2024

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US Recessions (1857-2020)

Submitted by Your Personal CFO - Bourbon Financial Management on July 11th, 2024

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Annualized Value Premiums 2023

Submitted by Your Personal CFO - Bourbon Financial Management on July 10th, 2024

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Weighting in the MSCI All County World Index

Submitted by Your Personal CFO - Bourbon Financial Management on July 10th, 2024

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U.S. Long-Term Government Bond Yield, % (Federal Reserve 1870-2020)

Submitted by Your Personal CFO - Bourbon Financial Management on July 8th, 2024

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Narrow Leadership Performance

Submitted by Your Personal CFO - Bourbon Financial Management on June 24th, 2024

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Current discount to NAV is below historical average of 1.3% premium

Submitted by Your Personal CFO - Bourbon Financial Management on June 20th, 2024

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Stocks and Bonds Created Significantly More Wealth Than Cash Over Most Decades

Submitted by Your Personal CFO - Bourbon Financial Management on June 20th, 2024

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Emerging Markets Are The Mirror Image Of the U.S.

Submitted by Your Personal CFO - Bourbon Financial Management on June 18th, 2024

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