I still have no liabilities

Did you get bauer cleared through security yet?

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.

Headline in South Africa They have landed. Quite ominous.

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

So its assets.

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.

Notice the equity doesn't change.

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

So 225,000

I don't want to draw this box.

And rich, eh?

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

I'll do that in yellow.

We've got our funding.

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

Fetch Missing Covers

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

It should start to make a little bit of intuitive sense

Malibu Equity and Investments. Roger Van Zant.

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.

But when you use leverage, the return that you get on your asset gets multiplied when you get the return on your equity.

These are my assets, and these are my 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.

liabilities plus equity.

So I'm going to give you a little equation, actually, just to take a little bit of a tangent.

So this is the assets.

It's the same plot.

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

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.

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

So this is just another visual representation that

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

Remember liabilities plus equities are equal to assets.

And at the end of the 10 years it's also going to get 1 billion, right?

Because now they will get a bachelors degree in medical imaging and all that kind of stuff.

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

And then I learned to fly in bad weather as well as fine weather and got my instrument rating.

So whenever they get this money into circulation they do go out there and they do buy assets usually treasury assets, and then they say even, Indeed, although the bank of Japan's policy, so he's comparing relative to what Japan did when they kind of faced deflationary crisis.