Owns banks in the Caymans runs investment portfolios for offshore drug money.

We had gone back to the till.

Consider it a capital investment.

We've had a lot of experience.

So how does that work?

But as oil prices rose,

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

The amount of money you get.

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

But now we actually built something.

So let me delete this.

But this investment goes to everyone.

He valued what we already had at 5 million dollars.

And so with patient capital from Acumen and other organizations,

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

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

What's it like being an investment banker?

Investment in what?

100,000? What's the money in so far?

We said before any of this stuff on the top existed, the pre money valuation of just our idea was 5 million.

That means for every dollar you deposit, it loans out about nine or 10.

While qualified persons qualified persons are interested in investing and have money to invest.

But we have a neat website.

It's what we call, Invest, connect and celebrate.

Investment

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

So let's say he convinces investor B to join in.

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.

They borrowed it from their local mortgage broker, who then sold it to a bank, or to an investment bank, who created the special purpose entity, and then they IPO the special purpose entity and raise the money from people who bought the mortgage backed securities.

At the time they were mostly losing money.

It could be a whole set of people.

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

They're valuing these assets at 1 million.

Investing in professional development is not a cost.

As investors flee

Investing.

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

It looks Like it might be a good investment.

Think of the bolt cutters as an investment.

Eugene is helping me out with my investments.

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.

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.

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

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