And that's pretty good.

What's expensive?

And I know many of you, your gut reaction is to say, gold.

loan, or all of the things that are about to happen?

But since we're working with money and we're working with dollars, we should just round to the nearest penny.

Your suggestion is of no practical use.

And that shows you that in this new belief space, you can find a solution.

But the present value, what does that mean?

what i want to do in this video is a handful of fairly simple inequality videos.

Let's say this is really worth minus 0.8.

We tend to, all of us even those of us who work in marketing to think of value in two ways.

So in the next video we'll talk a little bit about how do people actually determine what something is worth?

So this is real estate, or building.

The money's worthless.

Think about how much of that data is about how life is lived in America.

And over here, I'm going to write total actual value.

And sleep on it.

Because to get that banana to your store, you need to use some gasoline.

Choose your frame of reference and the perceived value and therefore the actual value is completely tranformed.

Oh no, I didn't.

Money is the measure of worth.

Because I'm taking this 100,000 and I'm putting it to some use that is creating, hopefully, more value than my original 100,000.

That's the perceived value.

What's the present value of 50 in 1 year?

Hopefully people will be watching this in the next millenia.

I have factory tools worth 500,000, and then that cash will go away.

So technically I guess prices can be rounded off to the nearest cent.

Well, what the market is saying in this situation, and this is actually what tends to happen where the market value or in general the market value of a company tends to be higher than the book value, is that the company is saying that this company has some type of intangibles, things that you really can't put a finger on, or touch or feel or hold.

It is personal reality.

There are many health issues as well.

Is this the best we can do?

Them guns are worth more than gold.

I have to pay taxes on my property.

That is 100.

Or, God forbid, if housing prices actually go down.

You need to be aware that those are just papers with some marks on them.

You can't really say they're worth 10 until you actually turned them into 10.

left standing with.

In other words, for SuperRabbits, reputation has a real world value.

So I have a slip of paper. Let's go through these lab values.

this was the official version

So they'll start with your net income or actually they'll start with the cash that you started out with so they take you from this cash balance to that cash balance.

The answer is 3 1, 2, 3.

And of course the pre money valuation is just you just take the pre money valuation plus the amount of cash they're giving us.

So what's starting to happen, if you think about money, if you sort of boil money down to an essence, it is literally just an expression of value, an agreed value.