Epstein Secrets

1(04 SONO 7e0 II 10011•190•41 Fit MM Sham 56. MIS %Am Capita 1.9 315 1.116% itAtekCes. 21.3 026% Nirosn !Maine'''.IM, 17.3 5.4644 1 he *Mound Droop Inc 14.6 5.010 NAN:id, Inc 14.2 4.12% I {tint itkV OWN IA Ill 434% MO: 900 °DWI %Oben. Inc 105 3.160 L4.04,141.C.p.isl ktusapalmo.Lp 67 106

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

1(04 SONO 7e0 II 10011•190•41 Fit MM Sham 56. MIS %Am Capita 1.9 315 1.116% itAtekCes. 21.3 026% Nirosn !Maine'''.IM, 17.3 5.4644 1 he *Mound Droop Inc 14.6 5.010 NAN:id, Inc 14.2 4.12% I {tint itkV OWN IA Ill 434% MO: 900 °DWI %Oben. Inc 105 3.160 L4.04,141.C.p.isl ktusapalmo.Lp 67 106

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

1(04 SONO 7e0 II 10011•190•41 Fit MM Sham 56. MIS %Am Capita 1.9 315 1.116% itAtekCes. 21.3 026% Nirosn !Maine'''.IM, 17.3 5.4644 1 he *Mound Droop Inc 14.6 5.010 NAN:id, Inc 14.2 4.12% I {tint itkV OWN IA Ill 434% MO: 900 °DWI %Oben. Inc 105 3.160 L4.04,141.C.p.isl ktusapalmo.Lp 67 106

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