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”
When we walk, our bodies follow an implicit exercise plan for that movement. This means that all the sensations experienced while walking, starting from the feeling in the soles of our feet, are pre-programmed into this walking plan. Consequently, the brain’s awareness does not expend energy tracking our movements. It operates as a very efficient system. If a sensory signal arises that deviates from this original plan, the brain quickly adjusts by updating the walking plan almost instantaneously. For instance, if you suddenly trip over a stone, this mechanism kicks in. Imagine the fatigue we would experience if our consciousness had to focus on regulating our motor skills with every single step! All of nature evolves toward greater efficiency. - Joseph’s “just my thoughts”