So notice.

BA It's interesting.

Obviously a 6 Price to Earnings of 20 times 2013 earnings isn't as good as a 6 Price to Earnings of 2010, because earnings in the future aren't worth as much as earnings today.

You don't know.

Because when someone says earnings, are those the earnings last year?

You've been out talking to customers.

The investment now yields him 6 .

The earnings I just said, this is actually what happened to the company.

The price to 2008 earnings for Company B is 4.

Just to give you one example

We learned that in our first video.

In this case, we use last year's earnings.

And the other reason is, this was just 2008 earnings.

And how they were going to create demand was through search ads, social media, stadium promotions.

Maybe it goes to 2 in 2010.

You always have to be looking forward.

If one member is afflicted with pain, other members uneasy will remain.

So a plus b have to be equal to 50.

At the federal impound lot downtown,

Today, there are 2.3 million.

And B is expected to make 4 per share.

Profitable.

So let me write this down.

And as a result of the association,

Are you using future earnings?

Current idle period

Invest financial assistance, but also management assistance.

It's the largest company in Tanzania.

And we can eyeball it right here.

There's that dip there for the 1918 flu.

So these are the people, gee, subscription and half pay rental, let's do some math.

These are key metrics.

You, pretty boy.

Maybe Abby made 50 and Ben earned 0.

But it's going to continue to grow.

Company C is trading at 100.

And if you know the present value then it's very easy to understand the net present value and the discounted cash flow and the internal rate of return and we'll eventually learn all of those things.

If it's growing 100 a year for 20 years, this is actually a very good deal.

And what's left over for the equity?

Earnings ratio of 4.

That is our base for our index.

And the earnings on the bank account in that year were 200.

This is the current idle time.

Has fallen in the dust from one stroke of a nail file. This is, a present human being.

So this income will look unusually low, while these will look unusually high.