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”
The first civilizations of mankind originated in arid climates. The Mesopotamian and Egyptian civilizations are examples. A city is relatively safe from infectious diseases if it is drier than wet. The key is water. It is a river where there is water while it is dry. Therefore, the shape and location of the river are important. A dry, watery zone is formed when the river flows from north to south. In other words, the city was born under the influence of disease. - Joseph’s “just my thoughts”