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 this is my liabilities.

liabilities plus equity.

In a world without leverage so if I didn't have all this

I'm worth 11,000.

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

I use 100 gold pieces.

Our liabilities are still 3 billion.

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

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

So in this situation, the company is worth what?

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?

We're now moving into East Africa.

For example, government treasuries is a liquid security or a liquid asset,

These are my assets, and these are my liabilities.

And then the equity is, essentially we would look at this formula.

So once again, I'm stuck holding this non liquid asset.

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

Liquid means it's very easy to buy and sell those securities in large quantities.

And you might not even be able to find anyone to buy it a year later.

He lost a lot of money in the stock investment.

let me give you that piece of terminology, it just means net asset value.

So just to understand what he's talking about, the central bank, it has liabilities and assets,

Anyone making money on a stock, as long as they're not manipulating it, on either the short or the long side, is actually a net asset for the stock.

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

Mmhm. It's a real estate investment.

So the asset value is all in equity.

And then you can imagine now Bank C is worried because now

If you take an MBA, they'll write it down, and it looks

So 26 minus 23 is equal to 3.

He's got a top hat.

Other current assets.

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

He's a stockbroker.

So notice, I now have negative equity, right?

SCOTT Inc.'s stocks are blue chip stocks.

You might be curious about hey, what's all this current asset business?

It's listed as a current asset on this balance sheet but the invoice was never presented to accounts receivable, so....

So this is kind of a frozen asset.

let's say this is a publicly traded company.

He made a killing by investing in the stock market.

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

It is a customary contraction like our

'Company.' It is a customary contraction like our

It's actually horrible.