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”
Some leaders find relief only when they dominate the mind, while others serve as limbs. They seek to facilitate threats and collaboration with others to bolster their sense of security. Some of them resort to “gaslighting,” manipulating circumstances to create doubt and maintain control. They view their micromanagement as a notable strength, caring for even the most minor details. Working alongside such a person can reduce even the most capable individuals to feeling foolish and diminish their self-esteem. Unbeknownst to them, those around them are suffocating. The desire to conform is often mistaken for loyalty. - Joseph’s “just my thoughts”