He made a killing by investing in the stock market.

And you hear these a lot.

It's a new tool for investors.

The amount of money you get.

I'll give you two examples.

EBlT in this case would be the operating profit plus this investment income.

What's going on in Nigeria? A couple of things.

If I buy a share of IBM a lot of people say, oh, I saved I saved my money,

We launched the breast cancer three days with an initial investment of 350,000 dollars in risk capital.

No matter how bad it was economically, he always got himself paid.

But everything that I said here tonight, or the commandments, are means, are ways, for us to govern cities invest in infrastructure, invest in the green, open parks, open spaces, integrate socially, use technology.

our investments sway the markets and make or break presidential elections.

I think that's what I wanted a write here, market value of equity.

So let's call that market equity.

You invested it in the car wash that you helped run for four years.

Or are you trying to get an intuition for helping to become a better investor?

We are overwhelmed with natural gas.

And this too requires investment, investment for example, in places places where we can connect, places where we can participate, shared spaces, concert halls, gardens, public parks,

Investment

You'd think, there's plenty of paralyzed people in the world, but the audience is too small, and the amount of research, the time it takes, the FDA clearances, the payback time is too long for V.C. to be interested.

I can make cupcakes too and I have some money to build a factory.

And there's only 10 shares. So they're valuing the assets at 500,000. And this is of course the market value of the assets.

So this is negative feedback right over there.

So that's a very handsome return.

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.

He valued what we already had at 5 million dollars.

And then, that gets you to the market value the equity.

They're valuing these assets at 1 million.

Investing in professional development is not a cost.

As investors flee

Investing.

But in the same time, those new shares could be traded on an open market and that combination or you can kind of view it as the combination of the due actually exist and they're called Exchange Traded Funds.

People of the United States of America open your markets to us and come invest in our country.

There's only 25,000 in this little pile of money that I'm collecting, but people think that there should be 35,000.

So I think we all agree that if I were to build a factory that this is let's say I'll do everything in green as investment.

This is 120,000 in equity, market value of equity, he has another 105,000 in liabilites.

Malibu Equity and Investments. Roger Van Zant.

And it's legitimate monopoly of means of violence, administrative control, management of public finances, investment in human capital, provision of citizenship rights, provision of infrastructure, management of the tangible and intangible assets of the state through regulation, creation of the market, international agreements, including public borrowing, and then, most importantly, rule of law.

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

Big investors.

Investment in what?

Unfortunately, many of us in this room are supporters of capitalist policies and market forces.

Now, who are they accountable to?

And let's say Vikram is selling 380,000 cupcakes in a year.