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As these narratives (“Our courts will never allow that,” “As a superpower we will always be able to
document IMAGES-008-HOUSE_OVERSIGHT_025031.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

As these narratives (“Our courts will never allow that,” “As a superpower we will always be able to win any fight we put our minds to,” “Assimilation will ensure Muslims are westernized” ...) gain consent from others they tend to guide us deeply and become infused on our policies...

The key to the Inner Jihad is to learn to transfer responsibility for our Islamic Enemy’s hate and r
document IMAGES-008-HOUSE_OVERSIGHT_025035.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

The key to the Inner Jihad is to learn to transfer responsibility for our Islamic Enemy’s hate and resultant actions back to it and take responsibility back for our own situation. We must learn all we can about the enemy. We must unwind our inappropriate projections and introject...

profile investment outlook. Upside risks to our thesis could stem from more favorable
document IMAGES-003-HOUSE_OVERSIGHT_014637.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

profile investment outlook. Upside risks to our thesis could stem from more favorable changes to the investment and/or regulatory environment in New York. Downside/upside risks: ED, like all utility stocks, is also sensitive to changes in the market level of interest rates. Util...

Boswall House, 2 Cornwall Terrace
document TEXT-001-HOUSE_OVERSIGHT_028281.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

…hat could be asked of any billionaire art collector. In The House of The Nobleman, artist Wolfe von Lenkiewicz examines our relationship to art and the role of the supposedly worldly or noble collector from a nonjudgemental critical distance, and exhibits art both old and new (fr...

Downside risks are: 1) integration risk from smartwatches and other wearables
document IMAGES-003-HOUSE_OVERSIGHT_014941.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

…e risk from competitors out-innovating, and 4) execution risk on channel build and inventory management. GoPro (GPRO) Our $8 price objective is based on 10x our 2018E EBITDA, in line with the peer average of 10x, which we believe is appropriate given its slightly higher growth...

declined in quality. People feel less trusting of others than in previous decades, face-to-face comm
document IMAGES-008-HOUSE_OVERSIGHT_025160.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

…what makes us human), has diminished considerably. Rises in income inequality and political polarization also mean that our diversity of social experiences— encountering people unlike ‘us'—1is diminishing as well, enabling little consideration of humans dissimilar to ourselves....

change, lock in great-state peace. So many desires scatter our minds and when we
document IMAGES-004-HOUSE_OVERSIGHT_018403.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

change, lock in great-state peace. So many desires scatter our minds and when we fail to achieve them they erode our will. Here is a basic lesson of accomplishment in any human domain: Better for us to focus on a single aim, and tighten our efforts around that one aim and use suc...

priceline.com (PCLN)
document IMAGES-003-HOUSE_OVERSIGHT_014943.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

priceline.com (PCLN) Our price objective is $1,920 based on 22x our 2018 adj. EPS estimate. The 22x multiple is towards the upper end of Priceline’s historical multiple range of 13-23x and represents a PEG of 1.4x. We think a 22x forward P/E multiple is appropriate given mid- te...

Norfolk Southern (NSC)
document IMAGES-003-HOUSE_OVERSIGHT_014638.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

Norfolk Southern (NSC) Our $122 price objective is based on a 19.5x multiple on our 2017 EPS estimate of $6.25. We move above the top of its one-standard deviation historical trading range of 12x-16x given the new management team's move to improve margins, cut costs, and raise i...

EBITDA, Adjusted EBITDA and Adjusted EBITDAR have limitations as analytical tools, and you should
document IMAGES-007-HOUSE_OVERSIGHT_024449.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

…have limitations as analytical tools, and you should not consider them in isolation, or as a substitute for analysis of our results as reported under GAAP. Some of these limitations are: @ they do not reflect our cash expenditures for capital expenditures or contractual commitme...

Our business and affairs are managed under the direction of our Board, which is composed of five dir
document IMAGES-007-HOUSE_OVERSIGHT_024313.txt Apr 23, 2019 House Oversight Committee — Epstein Estate Records (Nov 2025)

Table of Contents BOARD OF DIRECTORS AND CORPORATE GOVERNANCE Our business and affairs are managed under the direction of our Board, which is composed of five directors. Our certificate of incorporation provides that the authorized number of directors may be changed only by reso...

Price objective basis & risk
document IMAGES-003-HOUSE_OVERSIGHT_014939.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

Price objective basis & risk Alphabet (GOOGL / GOOG) Our price objective is $1025/$1025, representing 17x our core 2018 Google non-GAAP EPS estimate (excluding non-Google losses), plus $118/share in cash, or 21x core Google GAAP EPS plus cash. Alphabet has traded at 12-24x forw...

Re: Thank You from Lisa and Poetry in America
email TEXT-001-HOUSE_OVERSIGHT_019330.txt Dec 18, 2016 House Oversight Committee — Epstein Estate Records (Nov 2025)

…in 2016 by Poetry in America, by its associated non-profit production company, Verse Video Education, and by (and with) our new Harvard partner, the Derek Bok Center for Teaching and Learning. Whether you are a longstanding adviser and supporter of Poetry in America, or you've mo...

superintelligences is likely to be competitive. Humans might be seen as minor
document IMAGES-003-HOUSE_OVERSIGHT_016344.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

… I believe the easy-to-imagine versions, like the humanoid intelligent robots of science fiction, are the least likely. Our most complex machines, like the Internet, have already grown beyond the detailed understanding of a single human, and their emergent behaviors may be well b...