Understanding Net Worth Calculation
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Well, how do you calculate net worth? Net worth is semi-subjective. Would you agree?
Mm... Assets minus liabilities. Okay, so we have assets minus liabilities,
but then let's say your assets, or let's say your assets are a brand. Then it becomes
subjective. Yeah, well, what, it,
it becomes what someone will pay for it at the time if you sell it. Okay,
so- Which isn't subjective in the moment. Oh, well,
that's right, but I've never tried to sell my companies. But then- But a lot of people go,
"Oh, my company's worth a billion." It's actually worth 400 million.
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