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”
Humans and the world they inhabit are intricate. We build relationships with one another, rooted in unspoken agreements that reflect sentiments like trust and affection. When hostility arises, I begin to question the underlying implicit agreements. Someone else has a connection with me while being oblivious to my expectations. After experiencing emotional pain due to arguments, we often shift from these unspoken understandings to explicit communication, such as verbal conversations. Still, by then, it may be too late to heal the rift. - Joseph’s “just my thoughts”