They buy more of your service and they tell more of their friends, which leads to more profit.

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

War does have its benefits...

With trade, there's mutual interdependency and mutual gain between parties.

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

So you've probably heard not only the term earnings, you've probably also heard the term earnings per share.

And at least it'll give you a sense of how revenues, gross profit, operating profit, pre tax income and net income really are different.

The pie's getting bigger because these are real investments that are going to benefit my village.

But what do you do when the two come into conflict and you're forced to make a decision that either is in Britain's interest, or the interest of Britons, or citizens elsewhere in the world?

We know how much it takes to build our product.

And you'll hear these numbers, gross and operating profit and net profit and pretax profit, and it's very hard to understand that these are actually very, very different things, because they all have the word profit, and what does gross and operating and all that mean?

And then if you subtract your costs from your revenue, or if you just add these two numbers, because this one is negative, you have your gross profit.

It's good for everybody.

Minus 500,000.

But again, fun is not enough.

And then I'll do a more philosophical video on why these things even exist, and why they're useful, and why people may benefit or may not benefit from these things.

Just because I know that these guys like me.

Go ahead, eat.

It would absolutely bring more harm than good.

Kill the goose that lays the golden eggs.

There is no doubt about what they have done.

This is what the owners of the company get before they pay the government.

(Laughter) But I know it's the bottom line, or one's perception of it, that motivates people in the end.

They allotted the profits fairly.

Cash is a asset because you can use it to buy stuff and get people to do stuff for you

And this is the profit from the operations of the company, or you could say from the assets or from the business or from the enterprise of the company.

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

He was a good another.

No one wants it to go off.

They have to give permission to let the stock be borrowed, and they benefit, because they get some cut, hopefully, they get some cut of the rent, or the interest that I'm paying.

Why isn't it on every poster across the third world?

And we had no expenses in that month.

Both of them are equilibriums because neither of the players can benefit from switching to the other strategy.

It became this economic sanctuary, where they could do penance for their profit making tendencies at five cents on the dollar.

And let's say, assume if I inherited this million dollars, I didn't finance it.

Our interests clash with theirs.

So EBlT, I kind of view that it goes backwards.

So cash could be an asset.

But when you lower the Price to Earnings you are increasing the Earnings to Price.

I'll just abbreviate that as Nl.

Even if it benefited the publishers, it was a creative right and author's right.

The assets are generating this.

And that's what these brands did.

And so I actually raised prices.

If they start to abuse their power, serving the interests of a selected few, instead of the common interest...