From: Jeffrey Epstein <[email protected]>

From: Jeffrey Epstein <[email protected]> To: Subject: Re: Friend of David Fromer's - M.Fowler Date: Wed, 08 Jan 2014 17:40:06 +0000 look forward to it. On Wed, Jan 8, 2014 at 12:39 PM, > wrote: Forwarded messa e From: Michael Fowler Date: Wed, Jan 8, 2014 at 12:37 PM Subject: Friend of David Fromer's - M.Fowler To: Jeff, Hope your holiday was well. We met nearly 7 years ago when I was partners with David Fromer and was the 18-year old "kid" pitching you on the buyout of Hess. I've done a significant amount of work and have put into practice a systematic strategy to trade multi-asset classes. The foundations of which, I believe have applicability to many areas or your research focus. At the end of the day, its really just signal processing at many levels. Specifically, the self similarity of movement at the next moment, sizing, and correlation among varying assets. I approach the system from the notion that I have a good sense of the macroscopic probability distribution, which I uniquely find to be rather static when measured in the correct context, but implement directional " bets" from a microscopic perspective. This ultimately yields to the winners standing out in multiples of the losers without having to be right over 50% of the time. As someone is studied cellular automata, feed forward neural networks, genetic algorithms, I know the improvements I've made when combined with the above mentioned. Additionally, I've applied the approach to physical systems with success. There's many cross over points here. Would welcome a dialogue. Hope to speak soon. Have a ton of research would love to have a discussion about. Best Regards, Michael J. Fowler Email - - Intl. Mobile The information contained in this electronic mail message is confidential information intended only for the use of the individual entity named above, and may be privileged. If the reader of this message is not the intended recipient, you are hereby notified that any dissemination, distribution, or copying of this message is strictly prohibited. If you have received this communication in error, please immediately notify us by telephone, and delete the original message. EFTA00981166 The information contained in this communication is confidential, may be attorney-client privileged, may constitute inside information, and is intended only for the use of the addressee. It is the property of Jeffrey Epstein Unauthorized use, disclosure or copying of this communication or any part thereof is strictly prohibited and may be unlawful. If you have received this communication in error, please notify us immediately by return e-mail or by e-mail to [email protected], and destroy this communication and all copies thereof, including all attachments. copyright -all rights reserved EFTA00981167