The word arbitrage sounds very fancy, but it's actually a very simple idea.

With far too few of your sinister plots actually turning a profit.

(Laughter)

I profited 200,000 yen yesterday.

We got it.

Yeah, we got it.

These are the only people who really have, arguably the sophistication and the time and the monetary incentive to really look and scrutinize what management is doing.

In a word, he gained much profit.

It affects your sales model. Are you going to hire direct sales? When do you hire them?

We don't make money at these damn shows.

You can either profit by this or be destroyed.

They obtained a yield of 8 percent on their investment.

He derived great benefit from the book.

He derived a lot of profit from the enterprise.

His business returned a good profit.

Heavy industry always benefits from war.

I made a good profit by selling my car.

You want to have a lower Price to Earnings ratio for the same asset.

Territory Capture Game

Did you get it yet?

They got it. Okay, listen.

It's ours.

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.

Minus 500,000.

If you and I one sell individually what little we produce,

Territory Capture Game

So did we get it or not?

And I'm going after it.

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.

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.

EBlT in this case would be the operating profit plus this investment income.

She benefited from the sound investment.

Utilities are still rewarded when their customers waste energy.

But here you see it means very, very different things.

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.

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

She's on it.

I'll just abbreviate that as Nl.

You will derive great benefits from learning English.

I made a good profit by selling my car.

It has no choice but to behave.

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

And this is the first compelling business benefit.

They acquire a library of intellectual property rights, then litigate to earn profits.