But this investment goes to everyone.

Consider it a capital investment.

So let me delete this.

They'll sell the loans to like, let's say, Bear Stearns. So that's an investment bank.

So how does that work?

Or think of investment.

The amount of money you get.

Now how does that work out?

It could be a whole set of people.

We've had a lot of experience.

We had gone back to the till.

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

So essentially, instead of Countrywide being responsible for my loan, my payments now go to these investors.

But as oil prices rose,

So now the Special Purpose Entity is the owner of the mortgages .

What's it like being an investment banker?

I want investment.

If what we had before is worth 5 million and there were a million shares initially, then the pre money valuation

We're now going to make all of our mortgage payments, the 10 payment, to this bank, this investment bank.

Just Manic Enough.

But sell side analysts are the analysts that work for the major brokerages and investment banks, who publish those reports that you see in those ratings, a buy rating on

By the way before we go forward, this is one point I want to mention.

Investment

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

And in fact, in a way, it almost took down your empire at one point.

But we have a neat website.

So then they funneled even more money.

Malibu Equity and Investments.

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

So you can imagine, this is the actual amount of cash that

This is the total actual value.

There you go.

He valued what we already had at 5 million dollars.

And of course the pre money valuation is just you just take the pre money valuation plus the amount of cash they're giving us.

They're valuing these assets at 1 million.

Investing in professional development is not a cost.

As investors flee

Investing.

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

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.

And maybe we borrowed a little bit more money and, actually it did turn out that way, that we borrowed some people's output even more to fuel some of our investment as well.

It's an investment opportunity. Think about that.

We can't pick the future, but we can steer the future.

Peter Thiel just made an angel investment of half a million dollars.

And so, we ended up with a 50 50 split of the company.