And what is required is a combination of physical capital, institutional capital, human capital and security, of course, is critical, but so is information.

That assets, A for assets, is equal to

But we'll do a whole playlist on that.

And then on the equity side, because we have no liability, so in this case assets will be equal to equity.

less capital intensive that there's less money that's required

It is perfect and it's got a pool.

It should start to make a little bit of intuitive sense

I'll do that in yellow.

One, what shares are share of

liabilities plus equity.

Pool boy, right?

Oh, and it's got a pool.

I use 100 gold pieces.

And then the equity is, essentially we would look at this formula.

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.

Good health is his capital.

What are they?

Swimming pool heated!

It's a swimming pool.

liabilities.

So now it's getting interesting.

So she set to work, and very soon finished off the cake. gt

Aquaman.

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

In return on equity, the numerator is the net income that we got, so it's 350,000.

Capitalist country.

So he owns it outright so all of the 100,000 of asset value is actually his equity.

So let me do that in a vibrant color.

That's 11,000.

Let me do equity in a different color.

It's all his equity.

Well, I have 250,000 left over.

Get out!

You guys, want to go to the pool?

Remember liabilities plus equities are equal to assets.

How much equity do they have?

4chan! Christopher Poole

Penthouses with swimming pools.

You do our pool, right?

Alvin Johnson. Pool boy.

It's like being in a swimming pool.

My liabilities would be 145,000.

I believe we should have the right to choose where we live.