I still have no liabilities

Headline in South Africa They have landed. Quite ominous.

So once again, it's just a loan to someone else.

So their equity was actually 20,000 plus the 150,000 that they got from just the increasing asset value if they didn't enter into this transaction.

Did you get bauer cleared through security yet?

So its assets.

I'll do that in yellow.

If you can't pay the debt, the bank comes and takes your home.

That assets, A for assets, is equal to

Malibu Equity and Investments.

And what I wrote here is, it has 4 billion of liabilities.

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.

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

Notice the equity doesn't change.

I don't want to draw this box.

And rich, eh?

And I'm going to manage this money right over here, and I'm just going to take a percentage of the total assets under management

Deposits equal liabilities from a bank's point of view.

Remember liabilities plus equities are equal to assets.

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

It should start to make a little bit of intuitive sense

Malibu Equity and Investments. Roger Van Zant.

Or they just have a super flush bank account.

So 225,000

So let's say when we liquidate it so we go into bankruptcy and essentially all of the assets are taken into possession by the bankruptcy court they're going to sell these assets.

A man of wealth has to pay a lot of income tax.

Fetch Missing Covers

liabilities plus equity.

So that's the situation we're dealing with.

I won't use the square tool.

We had a 10 return on assets.

And why don't you like them as much?

And it's worth 100 gold.

That might be true to some degree.

The Raider's a military asset.

And if you look at the species level, you saw about fish.

These are my assets, and these are my liabilities.

So one way to think of it is Loan C gets first dibs on the assets.

He is a man of wealth.

He's a wealthy man.

Or across the street from each other.

So the total assets were 5 billion in assets.

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.