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Since the trough of the global financial crisis in
document IMAGES-003-HOUSE_OVERSIGHT_014539.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

… 1998 2004 2010 2016 Data through 03 2016. Note: Showing US corporate profits with inventory valuation adjustment and capital consumption adjustment. Source: Investment Strategy Group, Datastream. earnings, since it is not affected by the changing composition of the labor for...

Eye on the Market | July 11, 2011 J.P Morgan
document IMAGES-011-HOUSE_OVERSIGHT_030810.txt Jul 11, 2011 House Oversight Committee — Epstein Estate Records (Nov 2025)

…retionary spending cuts 90 ordinary income rates 80 Increased taxes on ordinary |Changing formulas affecting 70 income, capital gains and inflation indexation for 60 qualified dividends entitlements Present value of "Bracket creep": higher tax Defense spending cuts 50 unfunded :...

™@ Increased government focus on education. In many countries, per student public spending on
document IMAGES-008-HOUSE_OVERSIGHT_024503.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

… a growing middle class and the one-child policy are driving multiple incomes to one child and increasing the amount of capital that can be dedicated to education. These socioeconomic factors are reflected in the increasing numbers of private kindergartens, which have grown at a...

higher-than-expected International investments. The biggest downside risk is lower
document IMAGES-003-HOUSE_OVERSIGHT_014942.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

… subscriber growth is faster than expected, and 3) international expansion into new large markets (e.g. China). OnDeck Capital (ONDK) Our $6 price objective is based on 10x our 2018E EBITDA. This is below the internet ecommerce comparable group (11x) which is justified in our v...

Please feel free to reach out to us if you require any further information. We look forward to heari
document IMAGES-008-HOUSE_OVERSIGHT_026060.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

…rst Fund portfolio which is forecast to deliver a gross IRR of up to 14% and a multiple of approximately 2x on invested capital. TIIC announced the first close of TIIC 2 on December 30" 2016, with aggregate commitments of €135m from a group of high quality and well-diversified l...

TIIC Group backed by Edmond de Rothschild, is a pan-European infrastructure firm advising on mid-mar
document IMAGES-008-HOUSE_OVERSIGHT_026065.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

…rst Fund portfolio which is forecast to deliver a gross IRR of up to 14% and a multiple of approximately 2x on invested capital. TIIC announced the first close of TIIC 2 on December 30" 2016, with aggregate commitments of €135m from a group of high quality and well-diversified l...

Jeffrey Epstein [[email protected]]
email TEXT-001-HOUSE_OVERSIGHT_029692.txt Feb 14, 2013 House Oversight Committee — Epstein Estate Records (Nov 2025)

…such regimes can be explained by rational choice economic theory. In other words, if they want to attract international capital and participate in the world economy, they are going to have to break with their ideological affinities. But that reasoning ignores a hard fact of inter...

see the most uplift in spending from any potentially large fiscal stimulus and
document IMAGES-003-HOUSE_OVERSIGHT_014635.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

…r period for industrial/automotive spending — 46% of TXN’s revenue come from these end markets; (2) Annual strategy and capital allocation policy update call with shareholders which is likely to occur at the beginning of February. Latest report: The new "industrials": growth rec...

water. Next generation theory is not contradicted because it describes cash flows
document IMAGES-001-HOUSE_OVERSIGHT_011084.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

…enous. Testing Next Generation Theory The proxies for the pure consumption rate (Schultz’ pure consumption over total capital) in security markets would be dividend yield for equities, and interest for debt claims. Ibbotson Associates’ SBII (2012), Chapter 4, shows average real...

Chris Michel**— GP, Nautilus Ventures. Award-winning photographer. *Fmr*CEO, Affinity Labs
document IMAGES-004-HOUSE_OVERSIGHT_017587.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

… for Iraq and Afghanistan, President George W. Bush. Mbr, Trilateral Commission. *Chamath **Palihapitiya*— CEO, Social+Capital. fmr VP Growth, Mobile, and International at Facebook. Fmr GM of AIM at AOL. Boards: SecondMarket, FixYa, Lemon, Integrated Plasmonics. Co-Owner, Golden...

Recourse to the Fund’s Assets
document IMAGES-007-HOUSE_OVERSIGHT_024079.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

…mpanies. The indemnification obligations of the Fund would be payable from the assets of the Fund, including the unused capital commitments of the Partners. If the assets of the Fund are insufficient to pay such indemnification obligations, the Limited Partners may be required to...

Cannabis Investment Report | December 2017
document IMAGES-008-HOUSE_OVERSIGHT_024702.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

…gh tax rates will keep consumer prices high and discourage consumer transition to legalized markets. 66 © 2017 Ackrell Capital, LLC | Member FINRA/SIPC HOUSE_OVERSIGHT_024702

“Except that it’s actually hard to give away this kind of dough, without causing more problems than
document TEXT-001-HOUSE_OVERSIGHT_022952.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

…head of state, also visiting him.) His subject for the morning is “hyper wealth.” His subject is always wealth—how capital should react to the given global political, economic, and cultural moment. The otherwise baronial dining room is disturbed by an ever-present white boar...

And yet here he is, in his 50,000 square foot mansion, dispensing advice to world leaders and busine
document TEXT-001-HOUSE_OVERSIGHT_022844.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

… subject for the morning is “hyper wealth.” His subject is always some rarefied science or wealth, todays topic is how capital will most likely react to the given global political, economic, and cultural moment. The otherwise baronial dining room is disturbed by an ever-present...

Manfredi Lefebvre d'Ovidio
document IMAGES-004-HOUSE_OVERSIGHT_017087.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

…er Inc. Center for China in the World Economy (CCWE) Accel Partners The George Institute for Global Health Balderton Capital thesystemis Bloomberg New Energy Finance Swiss Reinsurance Company Ltd Global Reporting Initiative (GRI) London Business School NetQin Mobile Inc....