So, this is not something pretty and nice to do.

What's also interesting, if you look at products that have a high component of what you might call messaging value, a high component of intangible value, versus their intrinsic value

They are worth more than we are.

Because I am much older, much cleverer, and much less valuable

I'm not able to tell you what is moral or immoral, because we're living in a pluralist society.

Some of them have a lot, some of them have a little bit.

Well, I don't know what the Higgs boson is, and I don't know if it's important.

If a thing is worth doing it is worth doing badly.

Now what's our mantra of this day and age I wonder?

What's it worth?

The management principle is dollars and cents.

Whatever is worth doing at all, is worth doing well.

He had had the experience.

I want to argue that we're doing that right here.

Not so in Italy.

It is worthwhile listening to his concert.

His idea counts for nothing.

But, are we comfortable with that?

It's worth twice as much.

More than likely we'll make money from royalties and commercial licensing, etc.

So the market is actually saying, no, you don't have 2 billion of equity, you only have half a billion of equity.

The value of the yen has risen greatly.

His speech is worth listening to.

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

It's not worth crying over.

Brian D? More like Brian Z. The last letter in the alphabet. Oooh!

Do you think I deserve it?

We have taken these positions because we believe that freedom and self determination are not unique to one culture.

I happened to believe that Jesus was who he said he was.

And I'll do a bunch of videos on margins in the future.

This is 5 million.

The next element is the fact that

It's really not worth it.

Uncle stefan, this girl you came back for.

A book worth reading is worth reading twice.

Up rounds are when your pre money valuation of this round is more than the post money valuation of the last round.

What if there's actually negative equity here?

Here.

You can either live in a world which is poorer, which people in general don't like.

We cannot rate the picture highly enough.

I wonder if it's worth it.

And assuming that the initial values are all 0, calculate for me for a single backup the value of A3.

little abstract here, but I really want to hit this point home because a lot of people, I think, are still under the notion that somehow something is somehow tradeable for gold, that it is of a sounder currency, while if it's an obligation of a government with a very dynamic economy, but not gold, it's somehow backed by less wealth, but I'd argue that this is actually a more profound amount of wealth.

It's worth trying.

So you're building on something that is not pure self interest.