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What matters is return. I don’t have to specify “risk-adjusted” return so long as
document IMAGES-001-HOUSE_OVERSIGHT_011104.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

… becomes actual saving only if invested, and becomes an equal amount of physical capital growth if it is. Then (actual) net saving, net investment and physical capital growth would become synonymous. | said why I prefer a language where saving and investment are synonymous in th...

Re: Shears Update
email TEXT-001-HOUSE_OVERSIGHT_025812.txt Jul 16, 2014 House Oversight Committee — Epstein Estate Records (Nov 2025)

…kedIn, Facebook, Twitter, google +. I'll be in touch later today re: feature article. Could you put a site map into the Net site.? This helps rankings. Also could you add it to google analytics using Jeffrey's gmail account? This allows me to monitor it's progress and index it pe...

acquisition $5,000 $5,000 $5,000 $5,000 $5,000 $5,000 $5,000 $5,000 $5,000 $5,000 $5,000
document IMAGES-010-HOUSE_OVERSIGHT_028838.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

…$0 $0 so Total Expenses $22,389 $46,055 $46,055 $47,305 $47,309 $47,310 $48,510 $48,510 $48,510 $48,510 $48,510 $48,510 Net Profit ($22,389) ($46,055) ($46,055) ($32,305) ($22,309) ($17,310) ($10,510) ($5,510) $1,490 $9,490 $16,490 $27,490 Net Profit ? (215%) (89%) (58%) (28%) (1...

portfolios are chosen for returns no higher and riskier than the year before. They
document IMAGES-001-HOUSE_OVERSIGHT_010959.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

…hese are the impact on tax laws and public policy that I promised. Piketty has shown correctly that the ratio of pay to net profit rose substantially during the world wars, world depression and welfare state period following, and has declined since. Piketty argues for higher capi...

Sultan Bin Sulayem
email TEXT-001-HOUSE_OVERSIGHT_025231.txt Aug 12, 2011 House Oversight Committee — Epstein Estate Records (Nov 2025)

…sense. "You've got to get rid of all federal taxes in the extreme and replace them with a low-rate flat tax on business net sales, and on personal unadjusted gross income. That's number one. "Number two, you have to have spending restraint. Government spending causes unemployment...

Fw: Fw: sched
email IMAGES-007-HOUSE_OVERSIGHT_023302.txt Dec 10, 2015 House Oversight Committee — Epstein Estate Records (Nov 2025)

…aid today ftc . 10 million july 15 5 million sept 30. ,5 millionjan 1 forall of 16. tax savings paid at 37 percent . of net. savings. 50 million credit. net. so 150 million free. 600 savings 225 million owed. - 50 credit, 175 owed. Date: Mon, May 18, 2015 at 8:17 AM Subject: age...

CBO’s Projection from 10 Years Ago (in 1999) Showed Federal Revenue
document IMAGES-006-HOUSE_OVERSIGHT_020929.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

… Entitlement Spending + Interest Payments vs. Revenue as % of GDP, 1980 — 2070E —— Revenue —o— Entitlement Spending + Net Interest Payments Total Revenue & Entitlement + Net Interest Payments as % of GDP NO o s 0% | 1980 1990 2000 2010E 2020E 2030E 2040E 2050E 2060E 2070E So...

Keating says: "China must shift the basis of growth from net exports and investment to
document IMAGES-010-HOUSE_OVERSIGHT_029677.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

Keating says: "China must shift the basis of growth from net exports and investment to domestic consumption. Will they achieve this? Probably. Will there be strains along the way? There have to be." Unlike many Australian leaders, Keating is a Europhile. "I think the European pr...

DXJ ETF shares outstanding remain at 3 year lows
document IMAGES-002-HOUSE_OVERSIGHT_014398.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

…T) Daily 19N0V2015-1L7NOV20LE Source: Bloomberg 2016 Copyright® 2016 Bloomberg Finance L.P. L¥-Nov-20L6 14:07:06 YTD net foreigner Japanese Equity flows: Wi Last Price -57555.8 T High on 12/04/15 10157.7 > Average -39123.0 i Low on 09/23/16 -65860.9 Dec Mar Jun Sep 2015 2016...

Except as otherwise expressly noted, all performance information contained herein, including
document IMAGES-007-HOUSE_OVERSIGHT_024108.txt Mar 31, 2014 House Oversight Committee — Epstein Estate Records (Nov 2025)

…lect deductions for any management fees, the general partner’s carried interest or other expenses. Where designated as “net”, the performance information is presented on a net basis after giving effect to management fees, the general partner’s carried interest and other expenses....

Preference: neutral
document IMAGES-008-HOUSE_OVERSIGHT_025284.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

…, we think that prices are likely to trade only sideways in the coming months before trending higher in 1Q13. e Loose monetary policy is a good precondition for activity to pick up, but not a guarantee after so many rounds of monetary stimulus. We therefore look east to China. Al...

And — You Guessed It — Here’s the Punch Line
document IMAGES-006-HOUSE_OVERSIGHT_020928.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

…tlement Spending + Interest Payments vs. Revenue as % of GDP, 1980 — 2050E —— Revenue 30% - ~c—Entitlement Spending + Net Interest Payments Total Revenue & Entitlement + Net Interest Payments as % of GDP NO o s 0% . T T T T T T T T T T T T T 1980 1990 2000 2010E 2020E 2030E 2...

Revenue sissi—‘—sSsSSSSSS—CisiSSS gag sté—“‘“‘;é‘C‘COC*#*#*#*;*;*;*;*;*‘*SS8OCOOO”=©=~=~=~:::__ $4,6
document IMAGES-010-HOUSE_OVERSIGHT_028839.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

…est Incurred Depreciation and Amortization Income Taxes so $19,779 $137,009 Total Expenses $547,483 $623,399 $1,051,965 Net Profit ($147,483) $226,601 $548,035 Net Profit / Sales (37%) 27% 34% | Page 22 | CONFIDENTIAL - DO NOT DISSEMINATE. This business plan contains confidenti...

BREAKING DOWN DEMOCRACY: Goals, Strategies, and Methods of Modern Authoritarians
document IMAGES-005-HOUSE_OVERSIGHT_019254.txt House Oversight Committee — Epstein Estate Records (Nov 2025)

…, http:// www.realclearworld.com/articles/2014/11/30/russias_media_autarky 110826.html. 3. “Russia,” in Freedom on the Net 2016 (New York: Freedom House, 2016), https://freedomhouse.org/report/freedom-net/2016/rus- sia. 4. Peter Pomerantsev and Michael Weiss, The Menace of Unr...