And we are hiding that cost behind monster profits.

So what do we call this?

But we also must eat it with a ton of vegetables.

I'll throw a 'Tteokbap' What's this? No!

So its assets.

That assets, A for assets, is equal to

Malibu Equity and Investments.

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

Isn't there anyone capable of handling these duties without our having to reinstate her?

So 225,000

I don't want to draw this box.

And rich, eh?

I'll do that in yellow.

Well, that means the ratio of the assets to the equity is 2 1.

Press to ATO.

It should start to make a little bit of intuitive sense

Malibu Equity and Investments. Roger Van Zant.

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You're gonna get through this.

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.

(Applause.)

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.

I still have no liabilities

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.

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She's good.

You're healed.