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

let's say this is a publicly traded company.

So what they do is they just take your earnings number and you divide by the number of shares.

And there are different models which allow you to compute the control you get from ownership.

And what does that mean?

I'm a geologist, got out of school in '51, and I've been in the industry my entire life.

He's a stockbroker.

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

But in this case, you literally just take the price of the stock and you divide it by the earnings per share.

It is a customary contraction like our

'Company.' It is a customary contraction like our

goodness.

SCOTT Inc.'s stocks are blue chip stocks.

Because the balance sheet is often called the company's books.

And just as an example, I said well let's say that Bank A is a public company.

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

Stockbroker.

Stockbroker?

Sometime people just say EPS for this company in 2008 was, and in this case you take 350,000, your total earnings, divided by the total number of shares you have.

And you?

So there is an NAV per share, the NAV per share over here is 200,

It's actually horrible.

She has a 10 percent interest in the company.

They've never made money.

And all of that's great, and it's fine.

And equity securities you're probably familiar with.

What do you know about his personal life?

And you could keep rearranging the securities so that none of these guys ever know that their stock is borrowed.

This wouldn't be realistic, normally it would be something in the 100s or 1000s of shares or maybe even more than that.

And the way you do that mechanically is that you borrow the stock.

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

Well, what's the market cap?

So I have to make it look, or at least the broker is going to force me to make it look like this guy still owns the share.

So... what do we need to make this work?

My father holds the major interest in the corporation.

My guy says he can get greg's stock portfolio by the end of the week.

So let's say this company has let me do it in mauve so this company's shares, let's say it has 1 million shares.

Let me see if I can draw that in.

This guy made 21,000 this year.

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.

If I had to ask you, In 2005 what was the best performing stock market or stock exchange in the world? Would Egypt come to mind?

The stock market tumbled.

Sometimes called the market cap.

Then, you can buy back the stock

I think they're CFC.