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”
Corn is a mysterious plant. It is the most viable crop on Earth, but it can only survive with human touch. Corn kernels look like plants born from the premise of human care, as the thick shells wrapping around the corn kernels can rot them if human hands do not peel the shells off. The more corn ripens, the more sugar converts to starch. Therefore, it’s delicious if you harvest it quickly and eat it immediately. - Joseph’s “just my thoughts”