earnings vs profit
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earnings vs profit

It doesn't seem to be too much of a market to really focus on learning or learning about the importance of learning. More and more, I feel that learning is to keep to the only way to do it for a long time in the market, continuous learning can bring something new to you constantly, in a sense, the ability of learning will be able to represent your trading ability and analysis ability. In fact, value has its objective existence form and its subjective reflection form. Subjective value can be divided into two specific forms: values and emotions. Among them, values are people's understanding of absolute value, or people's understanding of value absoluteness. Emotion is the perception of relative value, or the relative understanding of value. Values (or emotional) and the value of relationship in essence is the relationship of subjective and objective: on the one hand, the objective value decision and restricts the subjective value, subjective value is to reflect the objective value, based on the objective value, and around the objective value fluctuates up and down; On the other hand, subjective value has certain relative independence, and has a certain reaction to objective value, which can induce, strengthen or restrict the objective value. Leakage may occur at the interface of the gasoline pipe, which leads to the use of the air conditioning system into the vehicle. If the owner found the car fumes, deal with gasoline pipeline - open interface to check engine hatch, it is easy to discern does the interface of gas leakage, for a period of time after the leakage surface will appear a layer of oil sludge. If the leakage of the gasoline pipe is found, the interface should be tightened or repaired. Western economists further point out that the main factor that leads to the difference between trading costs in markets and businesses is the incompleteness of information. Because of the incompleteness of the information. Any party of a contract will be trying to collect, information and access to what they didn't have to monitor each other's behavior, and try to constraints, and afterwards to punish in advance of each other's default behavior and so on. All these practices produce transaction costs. As a result of these practices in the market and the enterprise can take different forms, so the corresponding transaction costs is not the same, in particular, under the condition of asymmetric information, in the process of market transactions, transaction cost, as a result of these practices are often very high. Therefore, through the organizational form of enterprises, some market transactions can be internalized to eliminate or reduce the high transaction costs generated by some market exchanges.