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    <link:labelLink xlink:type="extended" xlink:role="http://www.xbrl.org/2003/role/link">
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bluechip_C000013026Member_lbl" xml:lang="en-US">Blue Chip Investor Fund</link:label>
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bluechip_BlueChipInvestorFundBlueChipInvestorFundSampP500Member_lbl" xml:lang="en-US">S&amp;P 500</link:label>
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_InvestmentTypeAxis_lbl" xml:lang="en-US">Investment Type [Axis]</link:label>
      <link:loc xlink:type="locator" xlink:href="bluechip-20250630.xsd#bluechip_BerkshireHathawayIncClassAMember" xlink:label="bluechip_BerkshireHathawayIncClassAMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bluechip_BerkshireHathawayIncClassAMember" xlink:to="bluechip_BerkshireHathawayIncClassAMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bluechip_BerkshireHathawayIncClassAMember_lbl" xml:lang="en-US">Berkshire Hathaway Inc. - Class A</link:label>
      <link:loc xlink:type="locator" xlink:href="bluechip-20250630.xsd#bluechip_AerCapHoldingsNVMember" xlink:label="bluechip_AerCapHoldingsNVMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bluechip_AerCapHoldingsNVMember" xlink:to="bluechip_AerCapHoldingsNVMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bluechip_AerCapHoldingsNVMember_lbl" xml:lang="en-US">AerCap Holdings N.V.</link:label>
      <link:loc xlink:type="locator" xlink:href="bluechip-20250630.xsd#bluechip_AlphabetIncClassCMember" xlink:label="bluechip_AlphabetIncClassCMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bluechip_AlphabetIncClassCMember" xlink:to="bluechip_AlphabetIncClassCMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bluechip_AlphabetIncClassCMember_lbl" xml:lang="en-US">Alphabet Inc. - Class C</link:label>
      <link:loc xlink:type="locator" xlink:href="bluechip-20250630.xsd#bluechip_MarkelGroupIncMember" xlink:label="bluechip_MarkelGroupIncMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bluechip_MarkelGroupIncMember" xlink:to="bluechip_MarkelGroupIncMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bluechip_MarkelGroupIncMember_lbl" xml:lang="en-US">Markel Group, Inc.</link:label>
      <link:loc xlink:type="locator" xlink:href="bluechip-20250630.xsd#bluechip_BrookfieldCorporationClassAMember" xlink:label="bluechip_BrookfieldCorporationClassAMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bluechip_BrookfieldCorporationClassAMember" xlink:to="bluechip_BrookfieldCorporationClassAMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bluechip_BrookfieldCorporationClassAMember_lbl" xml:lang="en-US">Brookfield Corporation - Class A</link:label>
      <link:loc xlink:type="locator" xlink:href="bluechip-20250630.xsd#bluechip_LKQCorporationMember" xlink:label="bluechip_LKQCorporationMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bluechip_LKQCorporationMember" xlink:to="bluechip_LKQCorporationMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bluechip_LKQCorporationMember_lbl" xml:lang="en-US">LKQ Corporation</link:label>
      <link:loc xlink:type="locator" xlink:href="bluechip-20250630.xsd#bluechip_TheWaltDisneyCompanyMember" xlink:label="bluechip_TheWaltDisneyCompanyMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bluechip_TheWaltDisneyCompanyMember" xlink:to="bluechip_TheWaltDisneyCompanyMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bluechip_TheWaltDisneyCompanyMember_lbl" xml:lang="en-US">The Walt Disney Company</link:label>
      <link:loc xlink:type="locator" xlink:href="bluechip-20250630.xsd#bluechip_FirstCitizensBancSharesIncClassAMember" xlink:label="bluechip_FirstCitizensBancSharesIncClassAMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bluechip_FirstCitizensBancSharesIncClassAMember" xlink:to="bluechip_FirstCitizensBancSharesIncClassAMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bluechip_FirstCitizensBancSharesIncClassAMember_lbl" xml:lang="en-US">First Citizens BancShares, Inc. - Class A</link:label>
      <link:loc xlink:type="locator" xlink:href="bluechip-20250630.xsd#bluechip_GoldmanSachsFinancialSquareGovernmentFundInstitutionalClassMember" xlink:label="bluechip_GoldmanSachsFinancialSquareGovernmentFundInstitutionalClassMember" />
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bluechip_GoldmanSachsFinancialSquareGovernmentFundInstitutionalClassMember_lbl" xml:lang="en-US">Goldman Sachs Financial Square Government Fund Institutional Class</link:label>
      <link:loc xlink:type="locator" xlink:href="bluechip-20250630.xsd#bluechip_CarMaxIncMember" xlink:label="bluechip_CarMaxIncMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bluechip_CarMaxIncMember" xlink:to="bluechip_CarMaxIncMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bluechip_CarMaxIncMember_lbl" xml:lang="en-US">CarMax, Inc</link:label>
      <link:loc xlink:type="locator" xlink:href="bluechip-20250630.xsd#bluechip_DiversifiedCompaniesMember" xlink:label="bluechip_DiversifiedCompaniesMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bluechip_DiversifiedCompaniesMember" xlink:to="bluechip_DiversifiedCompaniesMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bluechip_DiversifiedCompaniesMember_lbl" xml:lang="en-US">Diversified Companies</link:label>
      <link:loc xlink:type="locator" xlink:href="bluechip-20250630.xsd#bluechip_FinancialsMember" xlink:label="bluechip_FinancialsMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bluechip_FinancialsMember" xlink:to="bluechip_FinancialsMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bluechip_FinancialsMember_lbl" xml:lang="en-US">Financials</link:label>
      <link:loc xlink:type="locator" xlink:href="bluechip-20250630.xsd#bluechip_IndustrialsMember" xlink:label="bluechip_IndustrialsMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bluechip_IndustrialsMember" xlink:to="bluechip_IndustrialsMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bluechip_IndustrialsMember_lbl" xml:lang="en-US">Industrials</link:label>
      <link:loc xlink:type="locator" xlink:href="bluechip-20250630.xsd#bluechip_InformationTechnologyMember" xlink:label="bluechip_InformationTechnologyMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bluechip_InformationTechnologyMember" xlink:to="bluechip_InformationTechnologyMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bluechip_InformationTechnologyMember_lbl" xml:lang="en-US">Information Technology</link:label>
      <link:loc xlink:type="locator" xlink:href="bluechip-20250630.xsd#bluechip_ConsumerDiscretionaryMember" xlink:label="bluechip_ConsumerDiscretionaryMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bluechip_ConsumerDiscretionaryMember" xlink:to="bluechip_ConsumerDiscretionaryMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bluechip_ConsumerDiscretionaryMember_lbl" xml:lang="en-US">Consumer Discretionary</link:label>
      <link:loc xlink:type="locator" xlink:href="bluechip-20250630.xsd#bluechip_CommunicationServicesMember" xlink:label="bluechip_CommunicationServicesMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bluechip_CommunicationServicesMember" xlink:to="bluechip_CommunicationServicesMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bluechip_CommunicationServicesMember_lbl" xml:lang="en-US">Communication Services</link:label>
      <link:loc xlink:type="locator" xlink:href="bluechip-20250630.xsd#bluechip_ConsumerStaplesMember" xlink:label="bluechip_ConsumerStaplesMember" />
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bluechip_ConsumerStaplesMember_lbl" xml:lang="en-US">Consumer Staples</link:label>
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      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bluechip_EnergyMember" xlink:to="bluechip_EnergyMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bluechip_EnergyMember_lbl" xml:lang="en-US">Energy</link:label>
      <link:loc xlink:type="locator" xlink:href="bluechip-20250630.xsd#bluechip_NetAssetsMember" xlink:label="bluechip_NetAssetsMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="bluechip_NetAssetsMember" xlink:to="bluechip_NetAssetsMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="bluechip_NetAssetsMember_lbl" xml:lang="en-US">Net Assets [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_AssetsNet" xlink:label="us-gaap_AssetsNet" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AssetsNet" xlink:to="us-gaap_AssetsNet_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_AssetsNet_lbl" xml:lang="en-US">Net Assets</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_InvestmentCompanyPortfolioTurnover" xlink:label="us-gaap_InvestmentCompanyPortfolioTurnover" />
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_InvestmentCompanyPortfolioTurnover_lbl" xml:lang="en-US">Investment Company, Portfolio Turnover</link:label>
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