Spyglass Investment Strategy Overview

0 The Spyglass Edge Why does Spyglass's patience and long-time horizon give it an edge? Spyglass is focused on where companies will be in three-to-five years while many market participants are focused on three-to-five quarters. Average Number of Sell-Side Analyst Estimates 20 15 10 5 18 0 2023 EPS 18 2024 EPS 14 6 2025 EPS 2026 EPS 3 2027 EPS Source: Bloomberg as of October 2, 2023 Methodology: These numbers represent the average number of sell-side estimates per company in the Spyglass portfolio for a given year Note: Spyglass Representative Account constituents as of September 30, 2023 41

View entire presentation