Epstein Secrets

arnings ratio, based on their valuation metrics (above) Stock universe is ex-financials Re-sets monthly Transparent - pull up the CROCI indices on Bloomberg for mark-to-market (ex: DBUSSDUT - CROCI US Dividends) Implementation can be customized via a separately managed account (SMA) of single stocks T

GM Equity Derivatives. * (Enterprise Value/Net Capital Invested)/(Cash Return on Capital Invested) 5-Year History of CROCI US DIVIDENDS vs. S&P 500 Inedex (as of close 4/7/14) (Embedded image moved to file: pic10657.gif) Used with permission of Bloomberg Finance LP (Embedded image moved to file: pic2

arnings ratio, based on their valuation metrics (above) Stock universe is ex-financials Re-sets monthly Transparent - pull up the cRoci indices on Bloomberg for mark-to-market (ex: DBUSSDUT = CROCI US Dividends) Implementation can be customized via a separately managed account (SMA) of single stocks T

GM Equity Derivatives. * (Enterprise Value/Net Capital Invested)/(Cash Return on Capital Invested) 5-Year History of CROCI US DIVIDENDS vs. SW 500 Inedex (as of close 4/7/14) (Embedded image moved to file: pic10657.gif) Used with permission of Bloomberg Finance LP (Embedded image moved to file: pic2

Return 2012 2013 2014 Used with permission of Bloomberg Finance LP CONFIDENTIAL — PURSUANT TO FED. R. GR

B GM Equity Derivatives. • (Enterprise Value/Net Capital Invested)/(Cash Return on Capital Invested) 5-Year Histo of CROCI US DIVIDENDS vs. S&P 500 Inedex (source: Bloombe • , as of close 4/7/14) DBUSSDUT 0:01 13 Settings 4739.30 4739.30 4739.30 . • 4739.50 3 Actions pace vs Comparative Retur