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Options Risk Statement
document IMAGES-008-HOUSE_OVERSIGHT_026001.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

Options Risk Statement Potential Risk at Expiry & Options Limited Duration Risk Unlike owning or shorting a stock, employing any listed options strategy is by definition governed by a finite duration. The most severe risks associated with general options trading are total loss...

3 risks — reality vs hope, higher yields, politics
document IMAGES-002-HOUSE_OVERSIGHT_014428.txt Nov 14, 2016 House Oversight Committee — Epstein Estate Records (Nov 2025)

3 risks — reality vs hope, higher yields, politics The biggest risk to our view is that actual US fiscal easing turns out to be minimal. But we believe the USD/JPY’s move will be quicker than whatever reality emerges in coming months. China’s unexpected RMB devaluation or any ex...

Analyst Certification
document IMAGES-008-HOUSE_OVERSIGHT_026000.txt Aug 9, 2016 House Oversight Committee — Epstein Estate Records (Nov 2025)

Analyst Certification |, Benjamin Bowler, hereby certify that the views expressed in this research report accurately reflect my personal views about the subject securities and issuers. | also certify that no part of my compensation was, is, or will be, directly or indirectly, re...

Attachments
email TEXT-001-HOUSE_OVERSIGHT_016413.txt Jan 15, 2019 House Oversight Committee — Epstein Estate Records (Nov 2025)

From: Sent: To: Subject: Attachments: Morris, Paul V 1/15/2019 4:44:33 PM jeffrey E. [[email protected]] Opportunity Zones image001.jpg; image002.jpg; image003.jpg; image004.jpg Importance: High Hope all well, are you doing anything around these or clients? In a former wareho...

after his CIA security clearance ran out, he applied to renew it. A new clearance required a new
document IMAGES-005-HOUSE_OVERSIGHT_020212.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

60 after his CIA security clearance ran out, he applied to renew it. A new clearance required a new background check and filling out (again) the government’s 127-page standard form 86. Since 1996, background investigations for the NSA, like much of the computer work at the NSA,...

Fig 4. Expected time (years) to deploy assets M@ 2016
document IMAGES-009-HOUSE_OVERSIGHT_026688.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

Fig 4. Expected time (years) to deploy assets M@ 2016 mi 2017 Infrastructure Private equity Real estate Hedge funds Sample is based on sovereign investors and excludes central banks. Sample: 2016=21, 2017=35. 08 HOUSE_OVERSIGHT_026688

episodes of rageful envy of everyone else in the world that had been spared. My
document IMAGES-002-HOUSE_OVERSIGHT_013594.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

episodes of rageful envy of everyone else in the world that had been spared. My wife escaped into an alcoholic flirtation with her major professor; my sons grew increasingly ensconced in the generous and kind neighborhood homes of their playmates. | metered as many hours as possi...

Highest sentiment: FB, WIX, and TREE; Lowest: FIT, TRIP, and TWTR
document IMAGES-003-HOUSE_OVERSIGHT_014895.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

Highest sentiment: FB, WIX, and TREE; Lowest: FIT, TRIP, and TWTR Based on our sentiment ranking index, Facebook, Wix, and LendingTree have top investor sentiment pre 1Q earnings. Facebook moved into first place from fourth due to the lowest short interest as % of float, second...

[1] Today
document [1] Today House Oversight Committee — Epstein Estate Records (Nov 2025)

Italian equity markets sold off sharply and were eventually shut down after the ECB (for now) rejected being the buyer of last resort for Italian government bonds

* We Could Again Be Induced To Move Our Equity Overweight To An “Aggressive” Level
document * We could again be induced to move our equity overweight to an “aggressive” level House Oversight Committee — Epstein Estate Records (Nov 2025)

if there were to be reason to raise growth and earnings projections. All we have so far is improved forward looking indicators – largely PMIs and positive feedback from asset markets – that are signaling a pickup in growth this quarter. But so far

Our View For 2012 Was That Economic And Equity Market Conditions In The Us And Asia Ex Japan Would Be Better Than In Europe. So Far
document Our view for 2012 was that economic and equity market conditions in the US and Asia ex-Japan would be better than in Europe. So far House Oversight Committee — Epstein Estate Records (Nov 2025)

that view is on track. Spain in particular is in difficult shape (see page 5); its banks and government may have to borrow 1.5 trillion Euros over the next 12 months while in recession. Both the ECB and EU will need to keep the spigot open to prevent Spain from becoming a bigge...

Leadership: NLV_ are leaders in biopharmaceutical investing across all stages and transaction
document IMAGES-007-HOUSE_OVERSIGHT_024045.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

Leadership: NLV_ are leaders in biopharmaceutical investing across all stages and transaction types The New Leaf team is well positioned to continue to play a leadership role in the sector. Over the last two decades, the Fund Managers have demonstrated an ability to access high...

The costs and benefits of tax reform 3
document IMAGES-007-HOUSE_OVERSIGHT_023070.txt Jan 29, 2017 House Oversight Committee — Epstein Estate Records (Nov 2025)

Contents The costs and benefits of tax reform 3 Cutting the corporate tax rate 4 Repatriation 6 Border adjustment tax analysis 12 Closing loopholes 15 No interest tax shield 7 Tax reform screens 19 Related BofAML research on US tax reform 22 Methodology 24 2 Equity Strategy Focu...