That just comes out of the definition of what equity is.

No matter how bad it was economically, he always got himself paid.

I guess you could say non cash assets, right?

It's really old, and it's tired.

That assets, A for assets, is equal to

But we'll do a whole playlist on that.

Perhaps you have met him?

You would fuck that vampire and let him bite you if he showed up tonight.

That our real children are waiting for us out there somewhere.

And what is required is a combination of physical capital, institutional capital, human capital and security, of course, is critical, but so is information.

It should start to make a little bit of intuitive sense

What are you carrying?

And then on the equity side, because we have no liability, so in this case assets will be equal to equity.

liabilities plus equity.

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

So this is just another visual representation that

less capital intensive that there's less money that's required

It doesn't sound like we borrowed money or anything.

We are this great brand in the banking industry, wouldn't you

But let's say its assets are worth 1 million.

Capitalist country.

I have factory tools worth 500,000, and then that cash will go away.

Now we'll be needing more supplies!

I'll do that in yellow.

Let's figure it out. It's equity.

One, what shares are share of

You love your heroes.

And when the real Sebastian shows up?

The price of human beings across the last 4,000 years in today's money has averaged about 40,000 dollars.

liabilities plus equity is equal to assets.

I use 100 gold pieces.

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

I think your fundraiser will be a great success, sir.

Foreign investors backed off because of regional political unrest.

Yes, it's an enterprise.

Hospitals are back up and running... and V shuttles continue to land with emergency supplies.

liabilities.

In return on equity, the numerator is the net income that we got, so it's 350,000.

like an equation, but it's assets is equal to liabilities plus equity.

Good health is his capital.

So the only liability is this 5,000.

It's good for you.

Let's say my building is worth 100 gold pieces and then I capitalize it with another 200 gold pieces.

And so liabilities plus equity is equal to assets.

I'll draw it a little bit bigger.