Liquidation Value: All valuations consider present and future values. Value is generated over time. It begins in the present and extends into the future. This ongoing value is referred to as continuing value. Countries, corporations, households, and individuals set current values based on the belief that the present state will persist. What happens if it does not continue? It loses its future value. This state is known as the liquidation value. For example, this occurs if you quit your business. Almost all investments involve buying and selling assets based on their future worth. If you buy at a price lower than the liquidation value, you make a significant profit. If you buy at the liquidation value, you pay a fair price. If you pay more, you risk overpaying or buying a bubble. Value depends on time. Continuing a process is key to valuation. - Joseph’s “just my thoughts”
Every day, I examine the world map. When I zoom in, the map reveals a world I have yet to discover. There are countless unknown places on this planet that I have not experienced. By observing the geography, countries, and attractions, I can learn about history and broaden my perspective on the world. Looking at the map prompts me to reconsider space, time, and culture. For instance, in the Bering Strait, Big Diomede Island belongs to Russia, while Little Diomede Island is part of the United States, and the distance between them is only 3.7 kilometers. The International Date Line passes between these two islands. Even if we were to cross the distance by ship, it would take about 9 minutes at a speed of 15 knots. However, after those 9 minutes, we would find ourselves a full 21 hours behind. This situation illustrates that time is more of a human agreement than a mere physical measurement. Ultimately, learning and personal development are fueled by continuous questioning and doubt. ...