It describes it right over here the change in equity, sometime the change in retained earnings, or just change in equity, that is going to be the 200 in net income that the company got over that time period.

Mmhm. It's a real estate investment.

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

Illiquidity is a different situation.

Help me, Froh!

Climate change, ocean acidification, dissolved oxygen, carbon cycle, coastal upwelling, fishing dynamics the full spectrum of earth science and ocean science simultaneously in the same volume.

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

That assets, A for assets, is equal to

But we'll do a whole playlist on that.

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

But, to get there, the first thing to understand is just the capital structure and how capital markets work in general.

So you can see the snapshot at the beginning of the month 100 in equity snapshot at the end of the month 300 in equity.

By restricting their demand, consumers can actually align their values with their spending, and drive capitalism and business to not just be about more, but be about better.

Froh will protect you

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

I've been a huge fan of enterprise and entrepreneurship since 1993.

Come hither, Froh!

This is their current assets, and let's say that is is their liabilities over here, so liabilities, and then this is their equity, although the federal reserve's equity is a little bit strange, it's not like traditional equity, that they get all the excess profits and all of that, all the excess profits actually go to the US government.

It should start to make a little bit of intuitive sense

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.

Reconnect frame to current flow

I'll do that in yellow.

One, what shares are share of

liabilities plus equity.

It has no liabilities, so it has 5 billion of equity.

I use 100 gold pieces.

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

We don't need to invent solutions because we have them cash flow loans based in income rather than assets,

You're actually generating revenue.

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.

Good health is his capital.

liabilities.

So now it's getting interesting.

Or as I like to call them, they are the midwives of capitalism.

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

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

Capitalist country.

We had marginal profits, and we had unhappy stakeholders.

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

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.