Returns

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The Performance of “Top” International Stocks from 1989 to 2016

Performance of “Top” International Stocks from 1989 to 2016.PNG

The Performance of “Top” US Stocks from 1968 to 2017

Performance of “Top” US Stocks from 1968 to 2017.PNG

International Equities vs. US Equities

International Equities vs. US Equities.PNG

S&P 500 Price to Earnings from 1927 to 2017

S&P 500 Price to Earnings from 1927 to 2017.PNG

Cross-asset Yields Across Fixed Income Exposures

Cross-asset Yields Across Fixed Income Exposures.PNG

Fixed Income Securities Market Line, 2012 vs. 2018

Fixed Income Securities Market Line, 2012 vs. 2018.PNG

Forward-looking Returns Are Closely Correlated to Starting Valuations

Forward-looking Returns Are Closely Correlated to Starting Valuations.PNG

The Highest Return Potential Is Outside U.S. Stocks and Bonds

The Highest Return Potential Is Outside U.S. Stocks and Bonds.PNG

Forward P/E & Price/Book Value (Jun 2006- Jun 2018)

Forward PE PB Value.PNG

Berkshire Hathaway Performance

Berkshire Hathaway Performance.PNG

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