Manage your personal finances

So what's our new balance sheet, after we've unloaded a

So its assets.

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,

That assets, A for assets, is equal to

Malibu Equity and Investments.

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

I don't want to draw this box.

And rich, eh?

I'll do that in yellow.

And I'm going to manage this money right over here, and I'm just going to take a percentage of the total assets under management

Hi. Eugene Provost, financial adviser.

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.

Shareholders voted to liquidate the company's assets.

Handle what?

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?

These are my assets, and these are my liabilities.

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

MapReduce for those of you who aren't familiar, it's basically this programming technique for doing batch jobs across a huge amount of data.

Where is it?

Target size

Post Processing

Target

Target image