But there was an underlying support.

And so this is our yield.

The amount of money you get.

So the total assets were 5 billion in assets.

Investment

We stand at the crossroads right now.

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.

liabilities plus equity.

He valued what we already had at 5 million dollars.

You'd have to give up 93 of your net worth.

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.

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

Big investors.

Investment in what?

I'll do that in yellow.

Now, who are they accountable to?

And why don't you like them as much?

Let me put that.

Just Manic Enough.

Consider it a capital investment.

I want investment.

I use 100 gold pieces.

One of the viewers pointed out not incorrectly that one definition of return on asset so this whole video's going to be on return on asset that one definition of return on asset, and if you look it up on some of the finance sites or even some finance textbooks, they'll tell you it's net income over total assets.

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

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?

you have to buy this back from me at the NAV (net asset value) per share.

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

And so with patient capital from Acumen and other organizations,

Let's now do the variances. The first one we can copy over, but what is the second number?

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.

People will borrow money not to just, like, not to just sit, but stuff it into their, into their mattresses, they'll borrow that money to go invest it in some way, to spend it.

He invested his money in stocks.

But he said you know Nempo...