From: Seth Lloyd <

From: Seth Lloyd < To: Jeffrey Epstein <[email protected]> Subject: Re: Date: Mon, 03 Dec 2018 14:29:48 +0000 Yes, yesterday was a particularly fine occasion: George was on form, scaring the bejesus out of us as normal. The ethnobotanists were great. And you gave us all a clear description of how the market works, which was highly illuminating. No problem about Markowitz: it is a toy model. Of course as you suggest, the real question is to play with models that aren't toys. I went home and looked at the one you were suggesting -- detailed price sequences of a single stock. I'm pretty sure the method can be applied there as well: it's a very general method for maximizing return for a given level of risk. Great to see you. Talk soon. Seth On Mon, Dec 3, 2018 at 7:57 AM J leevacation®gmail.com> wrote: Im sorry if i was short . with a critique of the markowitz matrix;. I am happy to spemd as much time as you like to share my experience in choosing parameters. of the market. . no easy . and not 2. :) yesterday was great. . please note 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 JEE 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 jeevacation®gmail.com, and destroy this communication and all copies thereof, including all attachments. copyright -all rights reserved EFTA01014564