We had marginal profit I did.

I asked them all.

And we seek national advantage rather than global advantage.

Now, doctors and nurses they too get trained.

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.

Our starting cash here is 50,000. It's our ending cash of the previous period.

Ichiro puts friendship above profit.

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

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

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.

Our interests clash with theirs.

So what are they?

Minus 500,000.

But again, fun is not enough.

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.

There's a larger agenda than yours.

Kill the goose that lays the golden eggs.

Then the companies or those factories or whatever you want to think of them,

So EBlT, I kind of view that it goes backwards.

And these metrics will tell you that.

If you and I one sell individually what little we produce,

He sees profit in you, so he's with you

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.

The yield on the bond is 6 .

Stock investments do not always yield profit.

And that's my dad found that.

He always puts himself first.

No pain, no gain.

It's a special interest group?

And that's what these brands did.

FDlC insured.

The rewards would be... enormous.

And you'll hear these numbers, gross and operating profit and net profit and pretax profit, and it's very hard to understand that these are actually very, very different things, because they all have the word profit, and what does gross and operating and all that mean?

So, it was not necessarily a bad thing.

A looked expensive.

What's in it for the institution?

Robert got a small proportion of the profit.

His business returned a good profit.