Relative

Goo JunPyo!

It's 4.98.

I love some of these, physical exercise, prayer.

Well, John, that that's all relative.

So now if you do a Price to Earnings on 2010 earnings so this is 18 months out from when this video is being made all of a sudden, your Price to Earnings relative to 2010 earnings is 4 for Company A.

Profitable.

The company's profitability improved.

So this is trailing 12 months.

So a plus b have to be equal to 50.

Because to some degree, rental is kind of the earnings on a home.

Time is relative do you understand that?

It looks like our profit is jumping all over the place.

The company's profits soared.

Books that might sell 100 copies a year, 1,000 copies a year.

The price to 2008 earnings for Company B is 4.

When is kind of a relative term.

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

We are assuming a very simple world, were the is no taxes, we have no debt, we have no intrest or things

So let's look at them over the course of one year.

So notice.

Invest financial assistance, but also management assistance.

No, think about it, kid. Every generation gets a new frontier to tackle.

Maybe Abby made 50 and Ben earned 0.

And we can eyeball it right here.

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

This test should be, correlated to a lesser degree with tests of spacial reasoning than it is, with a test of reading comprehension.

The reason why you are willing to pay a higher Price to

And what's left over for the equity?

So let me switch colors just to ease the monotony.

And they were male and female 18 30 and they were casual fans.

When? I said it's time to monetise the site.

Okay, let me give you the theory of relativity.

To moral relativism.

Sometimes we're profitable. Sometimes we're not.

This is an ocean planet stupidly called 'Earth.'

So now we can plot this normalized quantity.

Congratulations. You just learned about pie charts.

Corporate earnings for the first quarter were disappointing.

Font size fixedor relative to environment

And we add back the interest, at least in this example, we get to an operating profit number.

A few years ago, I was pretty excited to discover that there are candidate universes with incredibly simple rules that successfully reproduce special relativity, and even general relativity and gravitation, and at least give hints of quantum mechanics.

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

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.

ladies and gentlemen, does not create wealth for them.