So it actually computes what we need it to compute.

Do you have any idea what that school is costing me?

So I asked the Minister over dinner,

Anyway, going back to Price to Earnings, we calculated the

Another choice would be to calculate the ratio between the weight and how much its worth.

So that's where it comes from.

The only way to find its outcome is, effectively, just to watch it evolve.

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

And the answer is no, it isn't. It is somewhat inconsistent.

And we see that the last trade here was for 2.58.

So if you have a help at home, if you go to the doctor, the market value of all of those things are going to be put into GDP.

What I want to think about in this video is how we can do it another way.

And it turns out, I woke up the next morning, and I started to calculate this.

Just like we did here.

We did not use the distributive law just now.

Histogram calculation...

Alright?

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And when I say book value, that's just a fancy way of saying this is what our accountants say that we paid for the stuff.

Now either one of these is legititmate ways of accounting but its good to know the difference

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I figured it out once.

It's very calculated, isn't it?

Thank you.

Using the old thinking, of national infrastructure and pipe work, is too expensive.

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