EFTA01452420.pdf

From: Vinit Sahni Sent: 2/3/2014 5:24:40 PM To: Nay Gupta CC: Tazia Smith ; Paul Morris Subject: Re: percentages get a read from your team [CI It's very clear with today's price action that the street appetite for risk is very limited and very little liquidation has happened. We see some bottom fishing but the size is very small as value investors not convinced. There is a true disconnect between the inflation and growth and that is reflected in pricing power. The market needs to re-evaluate this. I suspect we will see some pullback but the market will remain fragile. We need to still look for areas where true value exists. Vinit On 3 Feb 2014, at 21:07, "Nav Gupta" < ::" wrote: Great - Will Analyze in detail tomorrow and revert Nav On 3 Feb 2014, at 20:55, "Vinit Sahni" st: > wrote: Hi tazia - am out of office tomorrow. Happy to discuss later in the eve tomorrow. Nav can u p1s help and we can discus in the eve Thanks Vinit On 3 Feb 2014, at 18:19, "Tana Smith" -,z > wrote: Classification: Confidential Hello Vinit & Nav - Paul and I spoke with JE this morning. This a proposal, from him, of putting —100mm to work. I'm putting together some suggested tweaks on a few pieces (ex additional companies in japan, detail on the energy piece), and pricing, etc. Clearly always love your input as well Team! Please let me know if/when you have a moment to discuss, thanks! Also, recognize this is helpful in scaling ideas. Best, Tazia — Fonvardcd by Tazia Smithidb/dbcom on 02/03/2014 01:14 PM -- From: Jeffrey Epstein <'eevacationeit mails in> To: Tazia Smi Paul morri Date: 02/02/2014 08:59 PM CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0109418 CONFIDENTIAL SDNY_GM_00255602 EFTA01452420