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”
Affection lacking temperance can turn into violence at any time. No matter how much you love, the other person may not ideally match your expectations, so the time comes when the beloved one wants to avoid the affection you’re pouring out or keep away for a while. A relationship that lacks experience in building trust through moderation has no power to continue when dissatisfaction and regret arise. A healthy relationship involves trusting that temperance is not rejection. Relationships, after all, are energy and power. - Joseph’s “just my thoughts”