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Paul Barrett <blackened out>
Monday, May 22, 2017 12:03 PM
jeffrey E.
Re:

We need t= differentiate between poor performance on my part vs some systematic shock= I am happy to be on the hook if my ideas are not working. My goal is to ha=e a fairly conservative portfolio that will have plenty of dry powder to bu= the dips when they happen.

I will work with=Darren and Rich to come up with a proposal that works for you. <=iy>

Sent from my i=hone

On May 22, 2017, at 12:44 AM, jeffrey E. <jeevacation@gmail.com> wrote: =br>

Understood . Not s=re what you propose ..is your position you get 4,5 million after tax and n= risk?

On Sun, May 21, 2017 at 9:2= PM Paul Barrett I M > > wrote:

The deal you proposed on Friday doesn't work for me. The=asymmetrical risk I would face would simply result in an overly conservativ= portfolio and a reluctance to implement positions when we get the best opp=rtunities. I doubt you would want that either. Being exposed to some crazy e=ent or flash crash that would void our deal is unreasonable. You know what l=bring to the table and how much value I can add to your portfolios. </=iv>

If the original deal doesn't work for you please let=me know. I have some other options that I have put on hold that require a r=sponse.

Knowing my position on our deal do y=u still want me to call Rich and Darren tomorrow?

=appy to discuss if you would like.

Paul

Sent from my iPhone

On May 21, 2017, at 4:38 PM, jeffrey E. <jeevacation@gmail.com <mailto:jeevacati=n@gmail.com»

wrote:

=/div>

Can you guys talk to each other --

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Unauthorized use, disclo=ure or copying of this communication or any part thereof is strictly pro=ibited and may be unlawful. If you have received this communication i= error, please notify us immediately by return e-mail or by e-mail to jeevacation@gmail.c=m <mailto:jeevacation@gmail.com> , and destroy this communication and all copies thereof, includi=g all attachments. copyright -all rights reserved