We had to write off the debt.

It's not enough to simply write people off.

So the 1 million asset would really become an 800,000 asset.

So we are doing a 1 billion write off.

This book is the definition of a write off.

It's the same asset.

So that's the asset.

So it's an asset.

That's an asset, right?

That's its asset it has.

So it's an illiquid asset.

This is a real asset.

Why is cash an asset?

How could they write it off after the explosion, the firefight,

You know, live off the grid, write his memoirs or something.

We start off with the 15 bit message. We write it down.

The entire asset was his equity.

It's derived from the original asset.

That improves my return on asset.

So I would revalue the asset.

So cash could be an asset.

So that's what an asset is.

He would be a great asset.

I'm going to write down Assets. Well before we know what my assets are, let me tell you what an asset is.

So when you have an asset, if the asset is cash, the rent on it is interest.

You know, at first they were just going to write me off, like,

They didn't write it off. They just clamped the security lid down tight.

But when you talk about return, what you get off the asset, you still are going to pay taxes on them.

And so you create a derivative asset.

I have a 5 return on asset.

He's getting this great return on asset.

I'm getting this crummy return on asset.

So my return on asset is 7 .

I have one asset in the world.

So for example, cash is an asset.

Even if they were to buy slightly above that, but still at a discount, it would force this bank to write down this asset.

Do Low Interest Rates Ensure High Asset Prices?

Today we talk of people as an asset.

So the asset value is all in equity.

So this is kind of a frozen asset.

We thought we had a 4 billion asset.

The rights on those payments that's the asset.

Pez dispensers would not be a liquid asset

We say that we have a 60,000 asset.

And he had this great return on asset.