loan to Bank A.

So its assets.

Let's say this stock trades down, and it's trading at 50,000.

And this goes back to the very first video we saw.

That assets, A for assets, is equal to

We understand you're using the full allocation for this buy.

like any corporation, and they have to, the liabilities, plus the equity has to match up to the assets.

These are demand accounts.

Malibu Equity and Investments.

So obviously there's no two companies that are identical in this way, but let's say that they are.

I don't want to draw this box.

And rich, eh?

In this case, an EBlT might be a little bit more informative.

I'll do that in yellow.

It should start to make a little bit of intuitive sense

Malibu Equity and Investments. Roger Van Zant.

Obviously , a machine you can't do all of those things to it, but you can at least touch it and possibly smell and taste it.

liabilities plus equity.

And what I wrote here is, it has 4 billion of liabilities.

He is a man of wealth.

He's a wealthy man.

Or across the street from each other.

So the total assets were 5 billion in assets.

You'd have to give up 93 of your net worth.

In a world without leverage so if I didn't have all this

So this is just another visual representation that

It doesn't sound like we borrowed money or anything.

Remember liabilities plus equities are equal to assets.

But this is the market value of the assets.

Each share in this case once again, if you believe that the assets are worth 1 million are going to be 1 million.

But let's say its assets are worth 1 million.

All of the assets needed to start the firm, the pizzeria.

Or they just have a super flush bank account.

Remember, every time it'd issue a loan, like for right here, it issued a 100 gold piece equivalent loan to D and instead of giving D 100 gold pieces from, say, right here, it just created a checking account for D, which later D paid to A and that's why it's labeled A right here. Let me relabel another thing because the gold is a different color just so you see the gold.

But let's just kind of think about a generic balance sheet for a bank.

So 225,000

I guess you could say non cash assets, right?

Are you a man of means?

Well there are, in a few suburbs.

These are my assets, and these are my liabilities.

And if you look at the species level, you saw about fish.

So I'm going to give you a little equation, actually, just to take a little bit of a tangent.

Rockefeller also sold a newspapers and became the richest man in the world.

So that's the situation we're dealing with.

I won't use the square tool.