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

Setting up a deploy process, all that. gt gt Oh yeah.

That assets, A for assets, is equal to

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

But we'll do a whole playlist on that.

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

It should start to make a little bit of intuitive sense

And here is an example of one of her analyses

And I believe this change in the mindset, of looking at people as something of a burden to human capital, has been one of the fundamental changes in the Indian mindset.

I'll do that in yellow.

I loved my new found freedom.

liabilities plus equity.

One, what shares are share of

I use 100 gold pieces.

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

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

So this is just another visual representation that

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

liabilities.

Good health is his capital.

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

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

So now it's getting interesting.

Maybe I could find someone who would buy it for 50,000 tomorrow, but that wouldn't help my situation.

So he owns it outright so all of the 100,000 of asset value is actually his equity.

Capitalist country.

Remember liabilities plus equities are equal to assets.

How much equity do they have?

So let me do that in a vibrant color.

That's 11,000.

Let me do equity in a different color.

It's all his equity.

Well, I have 250,000 left over.

So 26 billion of assets minus 23 billion of liabilities means that we have 3 billion of equity of shareholders' equity.

My liabilities would be 145,000.

liabilities plus equity is equal to assets.

They could say, well when I go to my financial planner, they said, oh, it's so inefficient for you to have all of that equity sitting in your house.

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

These are their assets, just to get all the labelling right.

that assets are equal to liability plus equity.

What's my equity?

I believe we should have the right to choose where we live.

These are assets.

Right?

Let's assume that they're not for now.