The company is 51 owned by American capital.

And we have 5 billion in assets, 4 billion of

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

The backbone of making investment decisions for global holders of capital.

Preserve owner

You don't even need the loan.

So the equity holders are actually the owners of the company.

These young boys are in Nepal.

If you talk about all the things you own minus all the things you owe to other people, equity is what's left over.

You love your heroes.

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

Calm down. Put your mind at ease.

And now this company would have, if you have 1 billion in cash and 4 billion of CDOs, it would think that it has 5 billion of assets.

And then in the future maybe sell their assets and still have positive equity.

It operates like a safety deposit box.

But essentially what happened is the investors in the mortgage backed securities provided the money to the special purpose entity to essentially loan to the borrowers.

And it's legitimate monopoly of means of violence, administrative control, management of public finances, investment in human capital, provision of citizenship rights, provision of infrastructure, management of the tangible and intangible assets of the state through regulation, creation of the market, international agreements, including public borrowing, and then, most importantly, rule of law.

Each share in this case once again, if you believe that the assets are worth 1 million are going to be 1 million.

Or

As Chief Loan Officer at Brea Federal Savings and Loan... you gave a man money to start a fertilizer business.

If these are worth 1.5 billion, well maybe they're being a little optimistic here, but you'll still have 0.5 billion of equity.

That assets, A for assets, is equal to

But on average this Special Purpose Entity will then be able to pay a dividend.

Fortythree percent of reserves.

But we'll do a whole playlist on that.

So I do this for a bunch of home owners right over there.

So these people, their financial planner, and their siblings, and their friends at work say, oh, your balance sheet is so inefficient, why don't you take some of that equity and invest it or put it to work.

It takes too much energy. It will cost too much.

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

So this is kind of a frozen asset.

Or by selling shares of itself, or essentially allowing other people to become partial owners of it, and that is equity.

So everything we have so the assets are equal to our equity and I'll do that in a brown color so there's no liabilities and we just have equity.

They're the share of owner's equity and not of the asset also gives you a good sense of what market cap is

There is a price.

Did you get bauer cleared through security yet?

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

Harboring and transporting fugitives?

Obviously , a machine you can't do all of those things to it, but you can at least touch it and possibly smell and taste it.

I guess you can't quantify charisma and good looks.

It should start to make a little bit of intuitive sense

That's not always the case.

And this goes back to the very first video we saw.

So the broker always has let's say each of these is a share of IBM.

Because you're just going to go to zero, why would I buy any stock for even 1 a share when it's going to go to zero because your liabilities are greater than your equity.

I'll do that in yellow.