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”
Knowing someone and being friendly with someone are two very different things. Two main ways to build relationships with main motives are affiliation and intimacy. "Affiliation motivation" is the psychological action of getting along with others to avoid rejection. The "intimacy motive" is to increase intimacy with a select few and establish a stable relationship. It would be mentally strained to have more than 10 to 15 relationships. If you feel burdened by human relationships, you must examine your treatment of people with "affinity." The fear of being rejected is what drives the mind.
- Joseph’s "just my thoughts”
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