The year goes by, and then even after paying Pete the 1 , so we had 500 of assets under management this whole assets under management a year later goes to,

Frobisher's net worth is upward of two and a half billion dollars.

Now we have 225,000 in cash.

The firm went under due to lack of capital.

I'll do that in yellow.

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

That's Norway, the richest country in Europe. It's Australia. It's Canada.

Personal fortune assessed over fifteen million. He'll leave plenty, I tell you.

I won't use the square tool.

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

So its assets.

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

Look. This company over here, we're going to issue more shares, for more people to contribute money

It should start to make a little bit of intuitive sense

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.

Remember liabilities plus equities are equal to assets.

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

Headline in South Africa They have landed. Quite ominous.

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

That assets, A for assets, is equal to

For a single man with a good fortune must be in want of a wife.

For a single man, position and good fortune must be in want of a wife.

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

Or they just have a super flush bank account.

So 225,000

Mr. Tucker, in brief, the committee has voted to give you the plant in Chicago, provided that you have certified assets of no less than 15 million.

These are my assets, and these are my liabilities.

We don't want Iran to get the bomb.

Now, it's worth 250,000.

So this is assets.

Malibu Equity and Investments.

So they really had, let's see, they had an 80,000 loan, a 250,000 asset, so they really had 250,000 minus 80,000, that's 170,000.

And what happens in bankruptcy?

I have in my house.

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

We had a 10 return on assets.

And why don't you like them as much?

And it's worth 100 gold.

That might be true to some degree.

The Raider's a military asset.

I don't want to draw this box.

And rich, eh?

For everyone else, there's WikiLeaks.

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

I'm going to write down Assets. Well before we know what my assets are, let me tell you what an asset is.