Actually, let's not say that they dissolve you.

But, actually, it's suddenly come to me after years working in the business, that what we create in advertising, which is intangible value you might call it perceived value, you might call it badge value, subjective value, intangible value of some kind gets rather a bad rap.

Whatever we call it, Goldman Lynch or Lehman Sachs.

This is designer. This is expensive.

Now what's our mantra of this day and age I wonder?

Not so in Italy.

This actually had symbolic value, badge value.

I wonder if it's worth it.

Let me tell you about a truly magical algorithm called value iteration.

It's worth twice as much.

But the present value, what does that mean?

He doesn't speak of brands and prices anymore

But, are we comfortable with that?

A book worth reading is worth reading twice.

And I'll do a bunch of videos on margins in the future.

This is 5 million.

The next element is the fact that

It's really not worth it.

Uncle stefan, this girl you came back for.

If a thing is worth doing it is worth doing badly.

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What's also interesting, if you look at products that have a high component of what you might call messaging value, a high component of intangible value, versus their intrinsic value

How is she gonna be valuable?

You can either live in a world which is poorer, which people in general don't like.

What if there's actually negative equity here?

I think that you're going to have a hard time meeting with them, but I think it's certainly worth pursuing a couple big, really obvious brands.

We cannot rate the picture highly enough.

And we're going to use the squiggly bracket to list our elements in the dictionary.

I think that's 10 shares. Well that's my intention.

I wouldn't give you two cents!

Sure. Just not your reality.

He is nothing!

A book not worth reading is not worth buying in the first place.

We just made it explicit.

Is it worth it?

And my brother and I were raised with all that you really need

Worth zilch.

It is.

And this value, this is called a well in general, whenever you're valuing anything, it's called a valuation.

Whatever is worth doing at all, is worth doing well.

Uniqueness on the vertical axis, value on a horizontal axis.

But the market value or assets is essentially, what is the market saying the assets are worth?

In this case, you're saying that the equity in this company is worth 189,000.

So according to the accounting, this equipment is no longer worth 500,000.

Devaluing Life