The reason this is happening boils down, in my mind, to one basic problem, which is our inability to perceive the difference between public benefits and private profits.

We had marginal profit I did.

And let's say, assume if I inherited this million dollars, I didn't finance it.

I asked them all.

This is really important to pay attention to, because so many people say, oh, a company made this much.

But here you see it means very, very different things.

And at least it'll give you a sense of how revenues, gross profit, operating profit, pre tax income and net income really are different.

I'm only looking out for what's best for both of us.

Our interests clash with theirs.

Minus 500,000.

I profited 200,000 yen yesterday.

This is what the owners of the company get before they pay the government.

(Laughter) But I know it's the bottom line, or one's perception of it, that motivates people in the end.

He had a favourite phrase which he kept on repeating triumphantly, The minimum of risk with the maximum of profit is my motto.

Kill the goose that lays the golden eggs.

A benefit to both our worlds.

I'll just abbreviate that as Nl.

Go ahead, eat.

And when people talk about earnings of a company, this is what they're talking about.

And that's my dad found that.

And that's what these brands did.

FDlC insured.

The rewards would be... enormous.

So you've probably heard not only the term earnings, you've probably also heard the term earnings per share.

They buy more of your service and they tell more of their friends, which leads to more profit.

So let's just think about this a little bit.

I'm not interested in material gains.

I went shares with my cousin in the profits.

This is 350,000 of net income.

Why make this thing?

All the profits go toward Phillip's hospital bills.

The taxes will be 153,000.

I'm not a charity commissioner.

They are things that have value.

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

It's also important to think about what the benefit is.

So now look at the different lens.

Peter The greatest benefit to all.

I'm not interested in material gain.

I am not interested in material gain.

I made a good profit by selling my car.

Science comes first, but business comes a close fucking second.

It is to his advantage.

We're better off without the TPP

There is no doubt about what they have done.