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John Maynard Keynes

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NOTES & DISCLAIMERS About The Buylyst The Buylyst LLC (the company) is an Investment Research company that has a rich, distinct philosophical and intellectual foundation. The company is a publications business whose main product is an investment magazine focused providing investment research and insights to subscribers on a weekly basis. The Portfolio described above is based on those research and insights. The portfolio closely mirrors portfolios in which The Buylyst Partners have invested a significant portion of their net worth. The company is not a registered investment advisor (RIA) as per the Investment Advisors Act of 1940. On the Stockal platform, the company serves purely as a Portfolio Provider, subject to the terms and conditions agreed upon by users of services provided by www.stockal.com. All the information in this document is provided in good faith to the best of our information, abilities and knowledge. Nevertheless, The Buylyst make no warranties or assurances on the execution, rebalancing and returns generated by The Portfolio described in this document. About Portfolio Characteristics and Risk Metrics All Portfolio Performance, Exposures and Risk Metrics are calculated by The Buylyst on a good faith basis. In some sections, such as Portfolio Weights by Product and Portfolio Weights by Regional Revenue, The Buylyst has used its discretion to estimate numbers especially in the absence of clean reporting from underlying companies. Overall, The Buylyst believes that the numbers are accurate, but the company makes no warranties or assurances on the accuracy of these numbers at any time. Portfolio Performance Notes