So it would be patent amortization.

Maintenance, same thing.

If you have a 10 year loan, you'd put 10 here.

And then whatever assets I get I would have to sell it.

So its assets.

Amortization is the exact same thing, but it deals with intangible assets.

That assets, A for assets, is equal to

Solid

Malibu Equity and Investments.

Solid iridium.

I don't want to draw this box.

And rich, eh?

I'll do that in yellow.

This money is for the year's assessment on the Saint Helen of the Blessed Shroud Orphanage in Calumet City, Illinois.

The year goes by, and then even after paying Pete the 1 , so we had 500 of assets under management this whole assets under management a year later goes to,

It should start to make a little bit of intuitive sense

Malibu Equity and Investments. Roger Van Zant.

And also you can deduct, actually, the property tax.

I guess you can't quantify charisma and good looks.

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.

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

(Laughter) Audience member

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.

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.

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.

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

All of the assets needed to start the firm, the pizzeria.

Or they just have a super flush bank account.

Remember, every time it'd issue a loan, like for right here, it issued a 100 gold piece equivalent loan to D and instead of giving D 100 gold pieces from, say, right here, it just created a checking account for D, which later D paid to A and that's why it's labeled A right here. Let me relabel another thing because the gold is a different color just so you see the gold.

But let's just kind of think about a generic balance sheet for a bank.

So 225,000

I guess you could say non cash assets, right?

Are you a man of means?

We are now going to tie your bodies.

Stand by for separation of SRBs.

And the floor is solid, too, grooved.

These are my assets, and these are my liabilities.