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below $40. In other words, the outcome is highly binary in the short term for crude and
document IMAGES-003-HOUSE_OVERSIGHT_014480.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

…ecover up to the high $50s per barrel, as per our commodity strategists views, earnings and cash flows can recover significantly in the coming 12-18 months. Our Oil analysts model between 8 and 17% upside to operating cash flows in 2017 for European integrated stocks if assumed c...

recent price action for individual assets. However, the fact that we have had multiple
document IMAGES-003-HOUSE_OVERSIGHT_014481.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

recent price action for individual assets. However, the fact that we have had multiple signals across a range of sectors and macro prices is typically a warning that markets have moved too far too fast in a more general sense. The last comparable episode was in early July in the...

Overall, we find it hard to argue that sectors haven’t moved a long way already from a
document IMAGES-003-HOUSE_OVERSIGHT_014483.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

…e 1999 Source: BofA Merrill Lynch Global Research, Datastream, IBES Chart 48: Financials valuations have recovered significantly relative to Chart 49: Rapid relative de-rating for Staples — relative PE for Food & the move in bond yields — relative PE back around average levels Be...

up foreign fun faster than having to sign original documents when faxes are unacceptable
document IMAGES-002-HOUSE_OVERSIGHT_013968.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

…don’t want to; just open a single new account that is used solely for these deposits. = Two weeks out— Scan all identification, health insurance, and credit/debit cards into a computer from which you can print multiple copies, several to be left with family members and several...

Origins February 24 — 26, 2017
document IMAGES-003-HOUSE_OVERSIGHT_014699.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

; Origins February 24 — 26, 2017 PROJECT An Origins Project Scientific Workshop ARIZONA STATE UNIVERSITY Challenges of Artificial Intelligence: Envisioning and Addressing Adverse Outcomes 2) DEMOCRACY, INFORMATION, AND IDENTITY Al, Information, and Democracy (Incorporating co...

Esa Origins 7 February 24 — 26, 2017
document IMAGES-003-HOUSE_OVERSIGHT_014706.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

Esa Origins 7 February 24 — 26, 2017 PROJECT An Origins Project Scientific Workshop Challenges of Artificial Intelligence: Envisioning and Addressing Adverse Outcomes ARIZONA STATE UNIVERSITY 4) Al, CYBERSECURITY, AND Al ATTACK SURFACES Al Attacks on Computing Systems, Device...

While Danny Hillis was an undergraduate at MIT, he built a computer out of Tinkertoys
document IMAGES-004-HOUSE_OVERSIGHT_016923.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

While Danny Hillis was an undergraduate at MIT, he built a computer out of Tinkertoys. It has around 10,000 wooden parts, plays tic-tac-toe, and never loses; it’s now in the Computer History Museum, in Mountain View, California. As a graduate student at the MIT Computer Science...

Earth, only 2 million of which have been
document IMAGES-006-HOUSE_OVERSIGHT_021266.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

…ne pool occasionally extended beyond the individual or parent to kin and even to unrelated members of groups. More specifically, in some cases the superorganismal structures formed by social organisms represent naturally selected levels of organization above individual organisms...

Table 1: How Changes in Fertility and Mortality Affect Fitness
document IMAGES-001-HOUSE_OVERSIGHT_011160.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

Table 1: How Changes in Fertility and Mortality Affect Fitness Effect Additive Reproductive Discount Relationship on change value factor to donor Donor A. fert. Am) 1 ene) 1 B.mort. AP yh Ala) +-der) i Recipient C. fert. Am) 1 e—P(2\) +7) r D.mort. AP() y) eo Ale +7-+de) r No...