Just an accident.

Values given over accidental errors.

The company was started with 100,000 in capital.

That assets, A for assets, is equal to

But we'll do a whole playlist on that.

The least important form of capital, in this project, is financial capital money.

Because the balance sheet is often called the company's books.

And what is required is a combination of physical capital, institutional capital, human capital and security, of course, is critical, but so is information.

It should start to make a little bit of intuitive sense

And then on the equity side, because we have no liability, so in this case assets will be equal to equity.

Consisting of accidental and systematic errors.

liabilities plus equity.

The explosion came about by accident.

It has been reported that 32 trillion of paper assets were printed by one government alone.

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

So this is just another visual representation that

less capital intensive that there's less money that's required

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

Isn't that a coincidence?

That discovery was quite accidental.

The cannon went off by accident.

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

Capitalist country.

I found the book by accident.

And what is even more shocking is that this system has followed, step by step, the evolution of our own system, of our Western capitalism.

I'll do that in yellow.

Let's figure it out. It's equity.

One, what shares are share of

You love your heroes.

So this is not about standing in the way of development.

We're now moving into East Africa.

liabilities plus equity is equal to assets.

I use 100 gold pieces.

And then the equity is, essentially we would look at this formula.

Columbus' discovery of America was accidental.

Our litigators are capable of finding a Crimson article.

I found this book by chance in a secondhand bookstore.

liabilities.

In return on equity, the numerator is the net income that we got, so it's 350,000.

like an equation, but it's assets is equal to liabilities plus equity.

Let's keep going!

Good health is his capital.

So the only liability is this 5,000.

It's good for you.

The invention was brought about by chance.