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”
If being happy doesn’t depend on intelligence or wealth, what truly brings happiness to people? I believe that “knowing how to find satisfaction” and “knowing how to enjoy life” are essential for happiness. While having more or less can play a role, it isn’t the sole determinant. What matters most is finding a sense of satisfaction that resonates with your circumstances. Genuine education should prioritize teaching individuals how to find joy and contentment before focusing on the pursuit of achievement. - Joseph’s “just my thoughts”