Profit is a bimonthly Canadian business magazine aimed at entrepreneurs. It is published six times per year and, according to its website, focusses on "how to find opportunity and seize it", management practices, case studies and "access to peer groups". The headquarters of the magazine is in Toronto.
Its sister magazines are Canadian Business and MoneySense. In December 2013 Profit became a special section published in every issue of Canadian Business.
A profit (short for profit-à-prendre in Middle French for "right of taking"), in the law of real property, is a nonpossessory interest in land similar to the better-known easement, which gives the holder the right to take natural resources such as petroleum, minerals, timber, and wild game from the land of another. Indeed, because of the necessity of allowing access to the land so that resources may be gathered, every profit contains an implied easement for the owner of the profit to enter the other party's land for the purpose of collecting the resources permitted by the profit.
Like an easement, profits can be created expressly by an agreement between the property owner and the owner of the profit, or by prescription, where the owner of the profit has made "open and notorious" use of the land for a continuous and uninterrupted statutory period.
A profit can be appurtenant (owned by an adjacent landowner, and tied to the use of the adjacent land) or in gross.
Knowledge can refer to a theoretical or practical understanding of a subject. It can be implicit (as with practical skill or expertise) or explicit (as with the theoretical understanding of a subject); it can be more or less formal or systematic. In philosophy, the study of knowledge is called epistemology; the philosopher Plato famously defined knowledge as "justified true belief", though "well-justified true belief" is more complete as it accounts for the Gettier problems. However, several definitions of knowledge and theories to explain it exist.
During the opening of the song at Operation Ivy's last show at Gilman St. (which was released on the "Lint Rides Again" bootleg), Michaels opens the song by saying that "this song is called 'Knowledge', and it's about growing up."
Popularity and covers
The song is one of the most popular songs by Operation Ivy, and has been covered by many artists, including a notable cover by fellow Berkeley musical trio Green Day on their EP Slappy (also featured on the compilation album 1,039/Smoothed Out Slappy Hours). When Green Day performs the song live, fans are invited to come on-stage and play instruments.
The Aquabats recorded a cover for the Operation Ivy tribute album Take Warning: Songs of Operation Ivy.