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From: Paul Barrett
email TEXT-002-HOUSE_OVERSIGHT_033270.txt Jan 25, 2018 House Oversight Committee — Epstein Estate Records (Nov 2025)

…re? I just bought some 3 month puts as I think Trump will push the strong USD policy tomorrow. Paul Barrett Alpha Group Capital LLC 142 W 57th Street, 11th Floor, New York, NY 10019 ALPHA GROUP CAPITAL HOUSE OVERSIGHT 033270

o Capitalizing on Structural Change Timing
document IMAGES-007-HOUSE_OVERSIGHT_024223.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

Global Utility White Paper CONFIDENTIAL o Capitalizing on Structural Change Timing Although some of the structural changes discussed earlier happen in days or weeks, e.g. fuel cost passthrough adjustments, others will take years to implement, for example, new capacity payment s...

Chart 53: Data as % of mobile service revenues Chart 54: Household Broadband penetration
document IMAGES-003-HOUSE_OVERSIGHT_016159.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

…e sheets of both Mobily and Zain KSA reaching relatively high gearing levels; thereby limiting their ability to step up capital expenditure for a sustained period. Consequently, we believe the focus on raising capital (to fund the expansion programmes) from the spin out of their...

Cannabis Investment Report | December 2017
document IMAGES-008-HOUSE_OVERSIGHT_024662.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

ACKRELL CAPITAL Cannabis Investment Report | December 2017 Cannabis Plant Terpene Profile Myrcene is the most abundant terpene found in many cannabis strains, and other terpenes are gen- erally present in lesser, varying amounts. The following chart shows the terpene levels (p...

Tejpreet Singh Chopra
document IMAGES-004-HOUSE_OVERSIGHT_017068.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

…n Foundation Harvard University Sant Jordi Asociados JPMorgan Private Bank Och-Ziff Management Europe Limited S.A.C. Capital Advisors LP Apax Partners Israel Ltd The Goldman Sachs Group Inc. Carnegie Mellon University Vodafone Group Plc Riders for Health Swiss Television RT...

Cannabis Investment Report | December 2017
document IMAGES-008-HOUSE_OVERSIGHT_024688.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

ACKRELL CAPITAL Cannabis Investment Report | December 2017 Vaporizers and Accessories Smoking or vaporizing cannabis flower or concentrates is the most popular method of cannabis con- sumption, in part because the effects of inhaled cannabis smoke or vapor begin almost immedia...

I argued that outside investment in human young, including the unpaid work of
document IMAGES-001-HOUSE_OVERSIGHT_011149.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

…urn, as shown in the diamond ring parable. Note that there is no explicit adjustment for asset risk. | argue that human capital is not inherently riskier than physical capital, but rather adapts to the risk tolerance of its owner. It is riskier collectively because owned dispropo...

indicators of future results
document IMAGES-007-HOUSE_OVERSIGHT_024178.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

…y with an Executive Board and a Supervisory Board (société anonyme 4 Directoire et Conseil de Surveillance), with share capital of EUR 125,726,944, headquartered at 69 boulevard Haussmann, 75008 Paris, RCS Paris B 421255670, for its clients and prospects. UBS (France) S.A. is an...

Real estate: NTP positive but not enough
document IMAGES-003-HOUSE_OVERSIGHT_016174.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

…the largest residential developer with only a 1% potential market share (delivery capability of 1,100 units pa). e The capital-intensive Saudi financing model — without funding support from the government and a virtually non-existent off-plan sales market, Saudi developers have...

GE Recreational Law
document IMAGES-008-HOUSE_OVERSIGHT_024699.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

…on Washington No Recreational, Medical Cannabis or CBD/Limited Law Idaho Kansas Nebraska South Dakota © 2017 Ackrell Capital, LLC U.S. State Cannabis Laws (January 2018) HE Medical Cannabis Law Arizona Arkansas Connecticut Delaware Florida Hawaii Illinois Maryland Michigan...

A sale to an IDGT results in greater value for heirs than if the asset were held
document IMAGES-006-HOUSE_OVERSIGHT_022357.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

…ax exemption in year 20 Assumptions: The arithmetic return of asset years 1-20=15%;of which ordinary income/short term capital gains = 15%;interest rate paid to grantor = 2.89%; annual interest payment=$1,300,500; valuation discount = 30%; transfer tax rate (for transfers at th...

INDIVIDUAL TAXES (continued)
document IMAGES-010-HOUSE_OVERSIGHT_029439.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

…t of exemption begins at $1 million for married taxpayers ($500,000 others).* Carried Interest Retains character as capital gain and eligible for preferential tax rates Requires three-year holding period to attain long-term capital gains rate Investment 3.8% tax on “net in...