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A Financial Cheat Code for Millennials?
Tired of the saving vs. spending tug-of-war? Coast FIRE offers an escape hatch, letting you enjoy life today while still securing your future. The ultimate financial hack for our generation.
#CoastFIRE #FinancialFreedom
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William Ackman: Everything You Need to Know About Finance and Investing in Under an Hour | Big Think
Become a Big Think member to unlock expert classes, premium print issues, exclusive events and more: https://bigthink.com/membership/?utm_source=youtube&utm_medium=social&utm_campaign=yt_desc
Everything You Need to Know About Finance and Investing in Under an Hour
Watch the newest video from Big Think: https://bigth.ink/NewVideo
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———————————————————————————-
WILLIAM ACKMAN:
William Ackman is founder and CEO of Pershing Square Capital Management. Formed in 2003, the hedge-fund has acquired significant shares in companies such as JC Penney, General Growth Properties, Fortune Bands and Kraft Foods. Ackman advocates strategies of “activist investing,” the practice of using stock shares in publicly-traded companies to influence management practices in a way that benefits shareholder interests.
———————————————————————————-
TRANSCRIPT:
Hi, I’m Bill Ackman. I’m the CEO of Pershing Square Capital Management and I’m here today to talk to you about everything you need to know about finance and investing and I’m going to get it done in an hour and you’ll be ready to go.
How to Start and Grow a Business
So let’s begin. We’re going to go into business together. We’re going to start a company and we’re going to start a lemonade stand and now I don’t have any money today, so I’m going to have to raise money from investors to launch the business. So how am I going to do that? Well I’m going to form a corporation. That is a little filing that you make with the State and you come up with a name for a business. We’ll call it Bill’s Lemonade Stand and we’re going to raise money from outside investors. We need a little money to get started, so we’re going to start our business with 1,000 shares of stock. We just made up that number and we’re going to sell 500 shares more for a $1 each to an investor. The investor is going to put up $500. We’re going to put up the name and the idea. We’re going to have 1,000 shares. He is going to have 500 shares. He is going to own a third of the business for his $500.
So what is our business worth at the start? Well it’s worth $1,500. We have $500 in the bank plus $1,000 because I came up with the idea for the company. Now I’m going to need a little more than $500, so what am I going to do? I’m going to borrow some money. I’m going to borrow from a friend and he’s going to lend me $250 and we’re going to pay him 10% interest a year for that loan.
Now why do we borrow money instead of just selling more stock? Well by borrowing money we keep more of the stock for ourselves, so if the business is successful we’re going to end up with a bigger percentage of the profits.
So now we’re going to take a look at what the business looks like on a piece of paper. We’re going to look at something called a balance sheet and a balance sheet tells you where the company stands, what your assets are, what your liabilities are and what your net worth or shareholder equity is. If you take your assets, in this case we’ve raised $500. We also have what is called goodwill because we’ve said the business—in exchange for the $500 the person who put up the money only got a third of the business. The other two-thirds is owned by us for starting the company. That is $1,000 of goodwill for the business. We borrowed $250. We’re going to owe $250. That is a liability. So we have $500 in cash from selling stock, $250 from raising debt and we owe a $250 loan and we have a corporation that has, and you’ll see on the chart, shareholders’ equity of $1,500, so that’s our starting point.
Now let’s keep moving. What do we need to do to start our company? We need a lemonade stand. That’s going to cost us about $300. That is called a fixed asset. Unlike lemon or sugar or water this is something like a building that you buy and you build it. It wears out over time, but it’s a fixed asset. And then you need some inventory. What do you need to make lemonade? You need sugar. You need water. You need lemons…
Read the full transcript at https://bigthink.com/videos/learn-to-invest-and-start-a-business-in-under-an-hour
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TURN YOUR GOLD INTO CASH!!!! #shorts
i’m plugging you guys in again & again, this time to my gold dealers and vendors, where I myself go to convert my gold into a cash or check. We take the pure gold bar, cut it in half, and head over to my first vendor who checks the purity, and cashes me out. The same goes for my 2nd dealer bulliontradingllc.com, and we end up with about $15,000 in checks.
#TraxNYC #Gold #cash #Jewelry
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My First Financial Breakthrough
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It’s Time To Put Your Faith To Work
Money Follow$ Ma$tery // Easy Money // Myron Golden Ph.D.
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Myron’s Live 5 Day Challenge
https://www.makemoreofferschallenge.com/
Myron’s Books
B.O.S.S Moves
https://www.bossmovesbook.com/
From The Trash Man to The Cash Man
https://www.trashmantocashman.com/
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I Filled A Swimming Pool With Money!
Subscribe and I’ll buy a skittle in your honor!
#Shorts
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28 Minutes of The BEST Financial Advice & Decisions in 2025…
2nd Channel @ZacV2
Chapters
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2:15 2nd
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#money #finance #debt
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#motion #wifimoney #money #spread #millionaire #hustle
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Ripple XRP IT’S RIGGED: THE BANKS JUST GOT ANNIHILATED IN ONE SENTENCE! (BREAKING CRYPTO NEWS)
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Do THIS in Your 20’s To Become a MILLIONAIRE
Do THIS To Become A MILLIONAIRE!
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MINECRAFT’S New SAFEST Base
MINECRAFT’S New SAFEST Base
Minecraft. #storts #minecraft #english #unitedstates #usa #newyork #memes #bitcoin #cryptocurrency
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Creadit:- @Rob2Sky
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