Epstein Secrets

so the low end of the pre-crisis (2004-2007) for- ward P/E range of 21-25x. Daniel Rudyak DRudyakI7@gs

in IDT's Genie Oil Shale JV. Why wouldn't you just buy IDT? With IDT, it's trading below cash, it's profitable. and you would still own 100% of Shale." He looked back at me and said, "Sounds like a good idea." • guessing he made the investment in the shale JV without looking at IDT and was re

kon wen die tabor darbutran of aromaoar= ad ine Ward.ma tnni unit toil dams. we a/Hour off Nene rata

E CASSIEL Your assets Equities . Common stock (continued) Trade Hddng date Humber of shares Purchase price Average price Peke per share per Shale (i) CoO basis (4) onsul31 TO Ydue on urretilted Hddng Suns (5) gain or loss (l) period Apr 22, 13 170.000 23274 3,956.72 16.910 2,874.7

Will COO basis • Restricted securities Restated ward in orrnralY are rot coma& table tor public sale.

capital payments in order to determne the adlusted cat bars for tar rep:gang purposes. Purchase price' Number Average pace Hddn9 Of shares per Shale (I) CLEARBROGE EQUTTY INCOME FUND CLASS I Symbol. SOPYx Trade date: Ain 26, 13 1,179.249 16.769 19,77600 19,776.00 19.503 22,995.35 3,219.

elds and rap An engine of anal mein. is based on ward canker and nuep mot awning dm acuities till be h

000.00 Toed $7,126.05 5392,06632 250.0130 00 Equities Common stock addng Trade date tkierbet of shares Purchase peke/ Average price per Shale (5) COP basis (S) Price per sheet on Oct 30(1) Value on Oct 30(1) unrealized gain or lOSS (1) Holoind period AECOM Symbol. ACM Exchange: N

ined ly a registered cleat] gamy, rd credit year ward Investment objectives The nvestment °booties en

Hddng SPCA S&P 500 ETF TR Symbol. SPY Trade date: Jul 12, 13 EAP 36,288 Current yield 2.06% "Knelt! WKS NUMbet Averdgt price of shares per Shale (Y) 1,495.000 Client investment (5) 167.496 250,407.85 Untealeed ((åe) gem or toss is the Olference between the current vdue and t he cost bass

ances. • Cash/moneybalances. Total of uninfestal ward* cash banes, OS deposit Wines at affiliated ad

dty of the units. Hedge funds elcidng ALPHAKEYS MILLEN FNO BROKERAGE NO 10,31/17 Trade date: Purchase Olota Number Meier poce or shafts pet Shale (I) Client investment 650,000.00 Your Finandal Advisor: SCOTT STACKMAN/LYLE CASRIEL Estimates of vane suppled by Issuers at Cola n program (who