I'm going to show you about leverage.

So, assets are equal to 1,000 gold pieces.

And we covered that a couple of videos ago.

Grandfather, the clinic, the foundation,

That's what I'm going to talk about here

All kinds of funds and brokerages.

Let's continue with the story of

So what happens?

There's a couple of really big problems that are still sitting there.

One is leverage.

Take a look at these.

let's say I have a 50 loss on these loans that I made.

But let's say that that's not on the table anymore either.

But that probably had you asking

So in the next video,

So, in the first video,

And a closed end fund

But I am seeing in the major funders, in CARE, Rockefeller,

And it was that that whole philosophy that encouraged me to start my current endeavor called Acumen Fund, which is trying to build some mini blueprints for how we might do that in water, health and housing in Pakistan, India, Kenya, Tanzania and Egypt.

And that's what leverage is a measure of, because if you have really high leverage, then you notice, when we had no leverage, you could take a 50 loss really easy, but now that we had even 10 3 leverage, even a 50 loss wiped us out.

This is an absolutely staggering chart.

If some wants to invest in a fund the fund will sell them the share so they're always dealing with the fund itself in a closed end fund once the fund is created it's share pool is fixed and if someone wants to buy or sell a share it happens in the secondary market so they're buying and selling from each other they're not dealing with the actual fund manager

There were big health innovation funds

The company had to raise more money.

Every single Harvard employee is now automatically enrolled in a lifecycle fund.

I was wondering why she didn't do anything after the wedding.

The scan in a couple of years will be one terabyte, or 800,000 books.

The disadvantage from the fund manager here is it's much less flexible in terms of growing or shrinking the fund

But you're like, no I want to sell them.

I'll actually talk about how leverage is regulated within banks, but just to give you another measure of leverage because this measure I gave you if someone says 10 3

And we have explored reserve requirements and all that.

And now this is the early era of wearable robotics.

It might change my behavior.

(Laughter) So, a normal commercial bank has nine to 10 times leverage.

It ended up being just on reserve ratios, this one.

Now we'll have 2 billion shares.

So he is able to raise 2000

Let's think a little bit about leverage.

JiHoo's?

If this is an open ended fund, what is a closed ended fund or do they even exist?

This is just a stressful situation.

You know, things like cashpoor and leveraged quarterly decline, yadda, yadda, yadda.

Or enough of a loan to pay off that loan.

Lehman Brothers went into bankruptcy.

So from the public