And maybe I should do a whole video on what sell side means, but since I said the word I'll tell you right now.

All the bankers said to their clients,

Well their intention was to take these home equity loans and put that money to work, invest it in some way.

I like that, too. Anyway, I know Chris told us not to do pitches up here, but since I have all of your attention

The amount of money you get.

I'm going to bundle them all together and sell them to this investment bank.

So really a regular trader is not any different.

You just need to ask what are core services that are part of your value proposition.

A retail merchant buys wholesale and sells retail.

What is a long just a regular investor or I guess you could call them a trader since they're buying and selling a regular trader would make money by buying here and selling here.

And in between, there should be a public agency, the Independent Service Authority, which channels public money, and especially donor money, to the retail providers.

Investment

They write these research reports because they want to go to institutional investors or people who have their brokerage accounts with these banks, and essentially sell them stock.

Malibu Equity and Investments.

Arthur frobisher told his employees to invest in the company and then sold his own stock.

And then they give the mortgage to the investment banker, which packages them up and then sells them to investors.

So let me delete this.

He valued what we already had at 5 million dollars.

They're valuing these assets at 1 million.

Investing in professional development is not a cost.

As investors flee

Investing.

And here it's kind of hard to visualize, so I graphed it as a three dimensional surface. 3D.

For Principal Fuentes, PS 24's modest investment in the programs has paid big dividends.

Here in this situation, I actually make money.

Malibu Equity and Investments. Roger Van Zant.

Arthur Frobisher told his employees to invest in the company and then sold his own stock.

I'm gonna need a copy of the president And the first gentleman's secret service details.

And I'll show you why that matters in a second.

Big investors.

Investment in what?

Being more balanced doesn't mean dramatic upheaval in your life.

And then Bear Stearns will package a bunch of these mortgages together, essentially IOU's from people.

And distributors might sell to dealers. Most dealers are just simply storefronts.

Now, who are they accountable to?

These kinds of things play out in lots of bad ways in humans.

And then this syndicate of banks, led by the lead underwriter, will then sell it to their brokerage clients.

TEDx is different to other conferences.

Let me put that.

Just Manic Enough.

Consider it a capital investment.

I want investment.

Right, integrity. The key thing.

Let's say that we end up lucky.

Did you know that 40 percent of the wealth created in Africa is not invested here in Africa?