You'd end up with a negative utility.

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

Industrial designers want to make novel things.

He's no good to me dead.

But these are most probably not worth much.

I'm like the value has gone down.

So this is the more formal definition of GDP

Money is an agreement.

I'll give you some examples.

We need everyone at the table.

What is it that's worth spending my time on and my life on in this way?

In Min's world, the Coach bags had a curious currency.

And we'll talk a little bit more about assets and enterprise value, and there's a little bit of a nuance there, but essentially the company itself.

Examine your life experiences.

Well, nothing worth bringing home.

Not so in Italy.

(Laughter)

And this is a book on how to repair a transmission.

In reality, many choices are between things that are not that much different.

Here is the critical difference between these

So the bottom line is what the banks do, other than doing all the legal work.

Which is that, actually, first one, all value is actually relative.

If you're up there, you have created something only you have done it, but it is not valuable.

The last one will work, if you can take say half an erne , but for this you don't really want to take half the erne.

Neal was right. The books aren't worth much.

Let's say it's um let's say its 10 billion of commercial mortgages.

And, by the way, your net worth is not the same thing as your self worth.

In other words, hold your horses when you're coming to judge people.

It's invaluable, sir.

It's worth 5 million.

Within a year, you do a survey and then commercial fishing begins.

I'm working three jobs to pay a 500,000 mortgage on a house that's probably worth 250,000.

Because the alternative to pricing on cost is pricing on value.

The Lusiads , a Portuguese epic poem in 1572, entirely worth checking out.

So again you could start either with customer segments or you could start with a product and value prop itself, it really doesn t matter.

Where the product goes and see the box labeled value proposition.

They're yes or no, they're black or white.

Money is not a goal.

Yeah, these are kinda cliché. So, but, this one is so much fun, that gt gt gt laugh gt gt gt this one's worth seeing.

So the difference between these two, my assets minus my

Whatever we call it, Goldman Lynch or Lehman Sachs.

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

And that's what they're trying to do in all aspects of these economies.

So no matter what I do, between the pre money and the post money valuation, my per share value doesn't change any.

What is it my customers are paying for?