Epstein Secrets

k Conwroctogoxn - 025000 $,040000 SO 0 Comma opoom 6.811.816 027000 0,09821 1.839 6212 Commix, maxis 370.370 0.2970 040587 110 370 Commeo mem. 9.056.063 036000 0.17410 3.260 9456 Comma ccOrti 2.488.000 054000 007175 1.344 2.488 Ili)i Sa4.< Crimea ()maxis 13.726.269 $034993

o Companies with lower price stability exhibited higher discounts. o Companies with higher earnings stability exhibited lower discounts. IS From Milton Gelman, "An Economist-Financial Analyst's Approach to Valuing Stock of a Closely Held Company," Journal of Taxation, June 1972, pp. 353-54. gcb From Rober

k Conwroctogoxn - 025000 $,040000 SO 0 Comma opoom 6.811.816 027000 0,09821 1.839 6212 Commix, maxis 370.370 0.2970 040587 110 370 Commeo mem. 9.056.063 036000 0.17410 3.260 9456 Comma ccOrti 2.488.000 054000 007175 1.344 2.488 Ili)i Sa4.< Crimea ()maxis 13.726.269 $034993

o Companies with lower price stability exhibited higher discounts. o Companies with higher earnings stability exhibited lower discounts. IS From Milton Gelman, "An Economist-Financial Analyst's Approach to Valuing Stock of a Closely Held Company," Journal of Taxation, June 1972, pp. 353-54. gcb From Rober

k Conwroctogoxn - 025000 $,040000 SO 0 Comma opoom 6.811.816 027000 0,09821 1.839 6212 Commix, maxis 370.370 0.2970 040587 110 370 Commeo mem. 9.056.063 036000 0.17410 3.260 9456 Comma ccOrti 2.488.000 054000 007175 1.344 2.488 Ili)i Sa4.< Crimea ()maxis 13.726.269 $034993

o Companies with lower price stability exhibited higher discounts. o Companies with higher earnings stability exhibited lower discounts. IS From Milton Gelman, "An Economist-Financial Analyst's Approach to Valuing Stock of a Closely Held Company," Journal of Taxation, June 1972, pp. 353-54. gcb From Rober