But it is just like a stock.

You know what equity securities are, and just so you know, what is a security?

They'd start with your bonds preferred stock, and then move on to real estate.

Well, it entitles me to 1 100 of what this corporation gets.

So a security in the equity world is a stock.

When you go long a security, you're buying the security.

A security is essentially something that can be bought and sold that has some type of claim on something, or some type of economic value.

They've never made money.

It's actually horrible.

And also, just so you know, as opposed to being short the company, they're long.

Our liabilities are still 3 billion.

Sometimes called the market cap.

Well, what's the market cap?

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

Word is that davis' fund has taken some big hits on mortgagebacked securities.

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

When you normally buy a stock on an exchange, as the New York Stock Exchange, you're just buying the stock from somebody else.

Now what's our mantra of this day and age I wonder?

And I'm doing this just to show you a point

They're saying it's worth 5 million.

And I think this is very obvious to you, but let me write that down.

So this is interesting.

And let's say that there are 100 million shares.

They've never made money.

And we also assign a value to the company given by the operating revenue.

By applying the same price to earnings, we're saying that the market value of this equity is 210,000, while the market value of this equity is what was it? 189,000.

So this is this 3 billion of equity divided by the number of shares.

Annual rate of security

He was a stock market tycoon until the bears got him.

So what you do is you multiply these numbers to figure out, what is the market value or the market capitalization of the company?

So in both of these situations they have 10,000 shares

And it's something interesting here.

let's say this is a publicly traded company.

The Tokyo stock market recorded an unprecedented loss.

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)

So, in this situation, let's think about this situation where the stock price goes down

Stock Chart

I think I originally set in the original video that we have 500 million shares.

He's a stockbroker.

SCOTT Inc.'s stocks are blue chip stocks.

learning only too late that something was wrong.

Or by selling shares of itself, or essentially allowing other people to become partial owners of it, and that is equity.

And maybe this guy's even growing faster, so maybe they're being conservative by only giving this guy a 10 price to earnings.

And I have a publicly traded price, so on any given day,

All that means is that both of their shares are traded on exchanges