I stumbled onto a racket.

You're talking about universal healthcare?

And in the future, we're gonna look at a lot of different companies, financial companies, insurance companies, natural gas pipeline companies, that will have very different looking income statements, but this gives you the general template for how things work.

The national health service was far from adequate.

Insurance.

Do you sell insurance?

There are many kinds of insurance such as health insurance, fire insurance, life insurance, etc.

Those other things are called non state actors.

Whether people will continue to loan them money.

Into this broad category fall companies that run money lending and insurance businesses.

The other type of policies is whole life and whole life is the motivation for whole life policies.

I sell insurance.

Insurance.

Ah, in that case

The insurance?

An insurance policy.

And do you love what you do, Caroline?

And when I go to Germany, they say, Oh yes, this is the German disease.

Which company?

He works in emerging markets.

That's classified

I just realized that I didn't answer a question that might be burning in your brain because in whole life we talk about the scenario

In fact, if you look at the number of patents filed over history,

2 out of 10 live off pension.

I'm talking about all companies.

(Laughter)

Commerce is our goal here at Tyrell.

Usually we put our trust into companies to store that data, but what I want to suggest here is that rather than putting our trust in companies to store that data, we should put the trust in ourselves because we actually own that data.

The insurance industry has actually noticed this.

Put it at 0 if you don't.

He has interned at a number of different companies, and this summer he interned with a company called Meebo that does some social networking.

The state is everywhere in China.

Market segmentation.

(Laughter)

Small businesses are often absorbed by a major company.

This is an actual model where we can be asked to optimize what happens.

Corporate results in Japan have improved.

let's see those zeros cancel out, this zero cancels out, they're getting, over the life of the policy, 1 dollar in premiums for every 100 dollars in insurance.

You pay the same.. I would call it very high premium your entire life and so earlier on in your life when you're thirty or forty or fifty.

It's your car. Your insurance should pay.

Of course, after the event one can be wise.

There must be a better way.

And what we found is it's 25 percent.

What we looked at in detail was ownership networks.

Mixing means building customized courses, means building customized books.