Our liabilities are still 3 billion.

He lost a lot of money in the stock investment.

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

I put it in, I don't know, maybe I'm a good investor.

He made a killing by investing in the stock market.

Other current assets.

He invested his money in stocks.

I think it was at 7.50 a share.

And of that share, we have 2 million shares outstanding.

Stock investments do not always yield profit.

And I'm going to earn, or I'm going to grow just because

They don't want to be the last guy holding the potato.

They walk up with me. Every year all the money in the bank goes to their broker.

He invested a lot of money in stocks.

He invested 500,000 yen in stocks.

We're now moving into East Africa.

When they assign a 120,000 market cap there...

And you hear these a lot.

What happens in a closed end fund is that all of the investors are essentially

All of these sovereign wealth funds, they've got burned, because they invested in Citibank last year and the stock just continued to plummet.

Let's say it sells a million shares.

The big investor bought up the stocks.

I'm talking about the situation where you had Pete, and Pete said

So, remember, assets are equal to liabilites plus shareholder's equity, so if all of a sudden the market value of the equity, the market capitalization, for Ben's shoe company is 215,000... (That is the equity part right over here)

They have investors, they have shareholders. Shit like that.

And then what's left over, which is essentially so this is 2 million of equity, and then you'd have 2 million of equity here this 2 million of new equity, right?

On the equity side of the equation we just have four million shares.

He invested his money in stocks.

But his real intent is to maybe gamble with it on the side in the pizzeria's name, and maybe invest in stocks or speculate on pork belly futures or something like that.

The investment bank at least starting off with all of the shares of the Special Purpose Entity.

It could split the Special Purpose Entity into a million or ten million shares and then sell those shares to investors.

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

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

So this is my liabilities.

He invested two hundred dollars in a growing business.

I feel secure when I invest in stocks but not bonds.

So this is the investors.

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

So far we looked at open end mutual fund that can kind of grow and shrink depending on how many investors want to invest in that fund and they can grow by creating new shares and selling those shares to general public and they can shrink because someone who wants their money back goes to the fund and said

He can invest a million yen in stocks.

I have these 200,000 shares.

The amount of money you get.

He's a stockbroker.

Right?

But before and after this round, that angel said oh, your shares are worth about 5 per share.