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Just my thoughts #0300

The concept of “going concern” in accounting emphasizes that a business must persist into the future to retain its value. This principle signifies that present value already incorporates expectations of future value; thus, a business facing uncertainty about its future will inevitably diminish in present value. It highlights the interconnectedness of present and future values, suggesting that they cannot be regarded in isolation. All stocks traded on the stock market are priced based on their anticipated future value. In essence, we trade on a future that has yet to materialize. Consequently, determining how far into the future to evaluate is a critical factor in making investment decisions. Since individuals have varying skills and perspectives on forecasting the future, selecting an investment strategy must align with one’s attitude toward time. - Joseph’s “just my thoughts”
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Just my thoughts #0299

Paradoxically, one of the reasons for Rome’s demise was that it kept winning wars. Victories expanded the empire’s territory, and the risks increased proportionally. Men, primarily middle-class men, volunteered as soldiers; the larger the territory, the longer the wars lasted, and the longer it took for them to return home. The women who remained at home were forced to borrow labor and became indebted to the nobility. Eventually, the women were sold into slavery, and by the time the men returned, their families had disintegrated. People don’t betray because they’re evil, but because it increases their risk. If the territory you’re in grows, you might reconsider your loyalties to the organization. - Joseph’s “just my thoughts”

Just my thoughts #0298

Expansion inherently carries risks. As a country or business grows, the number of elements needing protection rises significantly, heightening the likelihood of failure. Many say, “Achieving success is challenging, but sustaining it is even more difficult.” Balancing capacity and expansion is often complex; yet, it is crucial to achieve this equilibrium to prevent success from becoming a curse. - Joseph’s “just my thoughts”

Just my thoughts #0297

The flesh of salmon is naturally white. Its characteristic orange hue results from the salmon’s diet, which is rich in shrimp, imparting the shrimp’s color to its flesh. This orange pigment, known as ‘carotenoids,’ is also found in carrots. Fish with red flesh possess high levels of hemoglobin in their blood and myoglobin in their muscles, enabling them to utilize oxygen efficiently, particularly those that require strong muscle activity. Although salmon are typically less active, they become more engaged during the spawning season when they travel back to their rivers. It’s fascinating to think that salmon and carrots are linked through this pigment despite having no apparent connection. The world has unimaginable connections. Who can predict what tomorrow will bring? Thus, let’s strive to be good people. - Joseph’s “just my thoughts”

Just my thoughts #0296

A bank trades collateral by holding debt called savings and selling bonds known as loans. Customer deposits are not bank money and must be returned to the customer as the bank’s debts. These debts lure customers; the bank lends money to them to recreate bonds with the customers’ debts. At this point, there is “collateral (mortgage)” to prevent the risk of bankruptcy between bonds and debts. In other words, banks do not possess the collateral; they merely govern it. The primary instrument of control is their bonds. In a way, banks tend not to be places where they make money with their own possessions, but rather conduct business as if it were their own with others’ collateral. Therefore, because banks need to know the value of secured collateral, the most accurate investigation of real estate and valuable gem information is key to banking. This is the similarity between a bank and a library that accumulates information. - Joseph’s “just my thoughts”

Just my thoughts #0295

In Japanese cuisine, sushi omakase is an approach where patrons rely on the chef’s curated menu and follow the sequence of courses without making personal selections. Since diners don’t choose their dishes, the chef must ensure that the flavors and quality of the ingredients are top-notch. A failure to meet diners’ expectations can spoil the experience of a wonderful meal. This process hinges on the chef’s confidence and the patrons’ trust. While the chef’s skills are crucial, they must also consider the diners’ eating habits, including their pace and frequency of intake, to create a pleasurable dining experience. Ultimately, successful commerce rests on mutual satisfaction, but it can only thrive if the recipients are truly content. - Joseph’s “just my thoughts”

Just my thoughts #0294

Although it may seem like an exaggeration, relationships are influenced by circumstances beyond just individuals; this extends to their upkeep as well. The interplay between a person’s character, personality, profession, surrounding individuals, and various political and economic factors intricately shapes the development and sustenance of human connections. Therefore, while it’s essential not to overly criticize individuals, it’s equally important not to overlook these influences. - Joseph’s “just my thoughts”