And so with patient capital from Acumen and other organizations,

The amount of money you get.

And that seems like a pretty reasonable proposition.

The limitation was that they didn't have any money.

AG No. It's not that it didn't work.

About how his trust fund gets replenished..

Investment

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.

They're valuing these assets at 1 million.

Investing in professional development is not a cost.

As investors flee

Investing.

Malibu Equity and Investments. Roger Van Zant.

In my opinion, we need to diversify our assets.

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

Big investors.

Investment in what?

We need a bigger conversation, an international dialogue.

That is totally wrong. Those of you in the audience here, if you want to help Africa, invest money in sustainable development.

Now, who are they accountable to?

A good method for investing is a monthly allotment.

Let me put that.

Just Manic Enough.

Consider it a capital investment.

I want investment.

Now, you're probably saying well, isn't there a way or maybe there's a way to get the best of both worlds of fund that could grow dynamically, that could create new shares when there was demand from investors.

Projection

Projection

If I'm going to get an 8 return on my money, that's my benefit, it makes sense for me to borrow it at 5 .

Did you know that 40 percent of the wealth created in Africa is not invested here in Africa?

And this is the important thing.

I just took the total NAV and I divided it by the shares.

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

This is the total actual value.

Now how does that work out?

They need this to work or their health system dies.

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

These funds are to philanthropy what venture capital, private equity, and eventually mutual funds are to investing, but with a twist because often a community forms around these funds, as it has at Acumen and other places.

He turned his magic to purely selfish uses

By the way before we go forward, this is one point I want to mention.

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

(Laughter) Here's some advice from one of the largest investors in the United States.

He invested his money in stocks.