Those are accounts receivables.

I am discounting the reports of UFOs.

You're discounting by a smaller number.

So both cash and Accounts Receivables are assets.

You could do it with receivables from a company.

So it will benefit, because you are discounting some of the cash payments.

I'm not discounting twentysomething exploration here, but I am discounting exploration that's not supposed to count, which, by the way, is not exploration.

I'll make a whole video, probably a whole series of videos, on accounts receivables.

And you are essentially discounting them back to get today's present value.

(Video) SP ... Prospect theory, hyperbolic discounting, status quo bias, base rate bias.

Here we're discounting the money 'cause we're backwards in time we're going from a year out to the present.

But because you've got the 400 in cash, it's going to disappear from receivables, and then go into cash, cause you actually got it.

But I have an accounts receivable of 400, so my total assets now are 300 of assets, remember, accounts receivables aren't assets, because someone owes me something, someone owes me cash in the future.

So an increase in accounts receivables is actually less cash than you would have otherwise gotten so this is negative 400 for your cash flow.

And if you watched the first present value video, I think you understand why compounding going forward is the same thing as discounting that rate by going backwards.

So 1 over N plus 1 would be ½ and then the reward in this state was zero plus, we had a Gamma and let's just say that Gamma is 1, so there's no discounting and then we look at the difference between the utility of the resulting state which is 1 minus the utility of this state, which was zero.

So you did no catering in month 3, and because you did no catering in month 3, you have 0 revenue in month 3, and then you also have 0 expenses, the way that you account for the 400 that you got, is that your accounts receivables goes to 0, and that goes to cash, so the negative 100 you add 400 to it, so it becomes positive 300.

I am the perceiver of thoughts, of emotion, of time, of actions, of reactions, of interactions, of change, of hope.

I am the perceiver of thoughts, of emotion, of time, of actions, of reactions, of interactions, of change, of hope.

Me was composed of stories, of cravings, of strivings, of desires of the future.

City of Future, City of of Tomorrow?

Traps are of many kinds of wood, of steel, of words.

look like pictures of humans, of insects, of fishes, of birds.

They die of suicide, of overdose, of violence, of accidental deaths.

Of all of you.

Of what? Of what?

Of course, of course.

It's tens of thousands of pairs of shoes.

But vulnerability is also the birthplace of joy, of love, of belonging, of creativity, of faith.

They die of HlV, they die of hepatitis C, they die of infections of their heart valves, they die of infections of their brains, of their spines, of their hearts, of their bloodstream.

It's thousands of processors, a terabyte of memory, trillions of bytes of memory.

Lot of holes, lot of cracks, lot of crags

Two of Spades. Jack of Diamonds. Jack of Clubs!

Lots of towns lots of songs lots of women.

of Pharaoh and of Thamood?

Law of Conservation of Mass

lack of freedom of speech,

Of course. Of course. ( dials )

Scion of Elendil of Númenor!

Well of course, of course.

Yes, of course. Of course.

Voice of God, of nature.

Scion of Elendil of Númenor!

of one of my patients.

Cup of tea, of course.