What is often very interesting to value are the assets on a balance sheet.

As long as my assets, which are this entire left hand side of the balance sheet, as long as my assets are bigger than my liabilities,

And so that's maybe why I have more assets than might balance sheet might predict.

lot of those assets?

So if you look at both of these guys' assets so this down here, this is kind of their balance sheet.

So once again, if this is a balance sheet, this is the assets, here are your liabilities.

This is assets, of course.

And then at the end of 2008, beginning of 2009, our balance sheet under the assets, the machine, if they gave us that

Then you say, either these assets or somehow being undervalued or the company might have some assets that somehow are not captured on the balance sheet, right?

Balance

Balance

BALANCE

But anyway, its total assets were 26 billion, at least it's telling us that its total assets are 26 billion according to its accounting on its balance sheet.

So assets.

Total assets.

Our assets go down by 50 because I had 1,000 of assets before.

This is one of its assets.

This was 26 billion of assets.

And maybe the assets let me just think of a good round number the assets are 10 million in assets.

That assets, A for assets, is equal to

Its assets, I divided it between 3 billion of other assets and 2 billion of CDOs.

And let's say when you liquidate the assets, there's only 8 million of assets.

So your assets will not have really changed, the absolute value of the assets.

White Balance

White Balance...

White Balance

Color Balance...

White balance

White balance

The Balance

Balance Sheet

Color Balance

Remarkable balance.

What's the balance of my account?

And then our snapshot, or our balance sheet at the end of 2007, will have on its assets a patent that's now worth 3,000.

So the total assets were 5 billion in assets.

Let's say out of this 10 million of assets, let's say that 9 million are operating assets.

There was a balance, a five sided balance.

So I have 1,000 of assets so essentially I'm writing down my assets by 500.

These are the assets of the company.

So it had 10 million of assets.

We control assets of over 50 billion.

And we learned in the balance sheet videos and you might want to watch the balance sheet videos as a prerequisite to this one but in general, assets are equal to

That's its assets.

Other current assets.