Corporate earnings for the first quarter were disappointing.

Invest financial assistance, but also management assistance.

And by why I don't mean to make a profit.

Are you with me?

Because when someone says earnings, are those the earnings last year?

So let's assume that this area represents a discount from the list price, let's say 10 .

So a plus b have to be equal to 50.

Profitable.

And we can eyeball it right here.

You're going to have an incredible advantage in thinking about revenue and pricing.

Maybe Abby made 50 and Ben earned 0.

And what's left over for the equity?

That's day 0.

50,000 tons over the last decade almost every year.

That was the family business.

The earnings I just said, this is actually what happened to the company.

So let's look at them over the course of one year.

So notice.

Everything on this line would be a valid combination of

I'm gonna take this and multiply it by my vector.

How did both of us do?

What is your success?

And for what?

The company's profitability improved.

Abby earned 10 more than Ben.

And why don't you like them as much?

So the price would be 100.

Another type of revenue model is licensing.

The reason why you are willing to pay a higher Price to

So let me switch colors just to ease the monotony.

And they were male and female 18 30 and they were casual fans.

We didn't have to go through 500 so it's converging much faster.

And when people talk about earnings of a company, this is what they're talking about.

Approximated result

Just like that.

And the first one is that this whole idea about revenue stream, Steve, I get it.

What does that tell us?

It's just a faster way of saying

So now we add an interesting line.

We've got to make this economic so that all people and all nations make the right outcome, the profitable outcome, and therefore the likely outcome.

This is really important to pay attention to, because so many people say, oh, a company made this much.

And this is what you do.

And we add back the interest, at least in this example, we get to an operating profit number.

We are assuming a very simple world, were the is no taxes, we have no debt, we have no intrest or things

And let's say Company B made 5 per share. 5 EPS, Earnings Per Share.