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13.6 Glocal Memory 263
document IMAGES-002-HOUSE_OVERSIGHT_013179.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

13.6 Glocal Memory 263 e in which most memory items come in pairs, consisting of one local item and one global item, so that activation of the local item (the “key”) frequently leads in the near future to activation of the global item (the “map”) Obviously, in the scope of all...

murky. Sure, Goldman Sachs partners and tech fortunes, but what to make of
document IMAGES-007-HOUSE_OVERSIGHT_022719.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

murky. Sure, Goldman Sachs partners and tech fortunes, but what to make of a Coney Island, Zelig-like no-namer? In 1994, just at the moment when Prince Charles is on television acknowledging his love for Camilla Parker Bowles, Jeffrey Epstein is sitting with his arm around Princ...

when China’s leadership intervened in the local
document IMAGES-003-HOUSE_OVERSIGHT_014565.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

…a financial crisis and a hard landing when it does not enjoy such advantages. As we often say, stating that “this 32 | Goldman Sachs | JANUARY 2017 HOUSE_OVERSIGHT_014565

10. FANGMAN Recent Performance and Contribution to S&P 500 Earnings
document IMAGES-009-HOUSE_OVERSIGHT_026919.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

…stocks represent a small portion of S&P 500 earnings. Anyone looking to buy or sell single name equities should consult Goldman Sachs Global Investment Research. Source: Investment Strategy Group, Bloomberg. Nevertheless, we believe that some of the headwinds that have plagued...

Bitcoin’s Market Cap is Dislocated Relative to that of Payment yee
document IMAGES-008-HOUSE_OVERSIGHT_025680.txt Aug 3, 2017 House Oversight Committee — Epstein Estate Records (Nov 2025)

…cated from its fundamental value and that speculation has driven its price. (1) “Future of Finance Payment Ecosystems,” Goldman Sachs Global Investment Research, August 3, 2017. 17 HOUSE_OVERSIGHT_025680 Source: Investment Strategy Group, Bloomberg, Corporate Annual Reports, Cry...

Exhibit 91: EM Local Debt Currencies and
document IMAGES-003-HOUSE_OVERSIGHT_014606.txt Dec 31, 2016 House Oversight Committee — Epstein Estate Records (Nov 2025)

…l-16 Oct-16 Data through December 31, 2016. Source: Investment Strategy Group, Bloomberg, Datastream. Exhibit 92: S&P Goldman Sachs Commodity Total Return Index Commodities generated their first double-digit return since 2009. Annual Returns (%)} 60 40 20 _ LL | I Hi BL gi...

Except as otherwise expressly noted, all performance information contained herein, including
document IMAGES-007-HOUSE_OVERSIGHT_024108.txt Mar 31, 2014 House Oversight Committee — Epstein Estate Records (Nov 2025)

Appendix 5 ENDNOTES Except as otherwise expressly noted, all performance information contained herein, including rates of return, is as of March 31, 2014 and is unaudited. The performance information is based on the cumulative invested capital, cumulative cash dividends and rea...

Investment (saving) under the mattress yields only the psychic value of liquidity
document IMAGES-001-HOUSE_OVERSIGHT_011105.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

Investment (saving) under the mattress yields only the psychic value of liquidity. Actual capital growth depends on rate of return as much as amount invested. If return holds the same as it was before, growth and net ex ante investment will be equal. Growth will be less than cons...

charged to a Partner without regard to whether the General Partner made either of the elections
document IMAGES-007-HOUSE_OVERSIGHT_024086.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

charged to a Partner without regard to whether the General Partner made either of the elections described above on behalf of the Fund. Furthermore, each Partner will be required to provide the Fund with any information necessary to allow the Fund to comply with its obligations to...

Eye on the Market, July 25, 2011
email TEXT-001-HOUSE_OVERSIGHT_025215.txt Jul 25, 2011 House Oversight Committee — Epstein Estate Records (Nov 2025)

From: [email protected] To: Undisclosed recipients:; Subject: Eye on the Market, July 25, 2011 Sent: 7/25/2011 4:33:45 PM Attachments: 07-25-11 - EOTM - White Castle.pdf Eye on the Market, July 25, 2011 (the attached PDF document is much easier to read) Topics: US debt ceili...

Fareed Zakaria: Trump sells America short
email IMAGES-012-HOUSE_OVERSIGHT_033482.txt Sep 17, 2015 House Oversight Committee — Epstein Estate Records (Nov 2025)

…inant than ever. The Wall Street Journal notes that in the past five years, JPMorgan Chase, Bank of America, Citigroup, Goldman Sachs and Morgan Stanley have increased in value by $254.6 billion. In the same period, their European competitors, Barclays, Credit Suisse, Deutsche Ba...

Fareed Zakaria: Trump sells America short
email IMAGES-010-HOUSE_OVERSIGHT_029849.txt Sep 17, 2015 House Oversight Committee — Epstein Estate Records (Nov 2025)

…inant than ever. The Wall Street Journal notes that in the past five years, JPMorgan Chase, Bank of America, Citigroup, Goldman Sachs and Morgan Stanley have increased in value by $254.6 billion. In the same period, their European competitors, Barclays, Credit Suisse, Deutsche Ba...

Eye on the Market, June 14, 2011
email TEXT-001-HOUSE_OVERSIGHT_030006.txt Jun 14, 2011 House Oversight Committee — Epstein Estate Records (Nov 2025)

From: [email protected] To: Undisclosed recipients:; Subject: Eye on the Market, June 14, 2011 Sent: 6/14/2011 11:54:12 AM Attachments: 06-14-11 - EOTM - The Stratford Inn.pdf Eye on the Market, June 14, 2011 (attached PDF is easier to read) Market update: for better or wors...

Eye on the Market | July 25, 2011 J.P Morgan
document IMAGES-008-HOUSE_OVERSIGHT_025225.txt Jul 25, 2011 House Oversight Committee — Epstein Estate Records (Nov 2025)

Eye on the Market | July 25, 2011 J.P Morgan Topics: US debt ceiling negotiations, a more ambitious European bailout plan (finally), and how large cap growth stocks and rising corporate profits are patiently waiting for both of them to end While we’re waiting: large cap growth...

Morgan Stanley | RESEARCH
document IMAGES-008-HOUSE_OVERSIGHT_025581.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

Morgan Stanley | RESEARCH Valuation and Risks NORTH AMERICA INSIGHT ~~ Alternative Asset Managers: We value the stocks using a sum of the parts valuation and discounted cash flow as well as price/earnings and price/cash earnings multiples. Our DCF (COE of 12+15%, free cash flo...