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”
The flesh of salmon is naturally white. Its characteristic orange hue results from the salmon’s diet, which is rich in shrimp, imparting the shrimp’s color to its flesh. This orange pigment, known as ‘carotenoids,’ is also found in carrots. Fish with red flesh possess high levels of hemoglobin in their blood and myoglobin in their muscles, enabling them to utilize oxygen efficiently, particularly those that require strong muscle activity. Although salmon are typically less active, they become more engaged during the spawning season when they travel back to their rivers. It’s fascinating to think that salmon and carrots are linked through this pigment despite having no apparent connection. The world has unimaginable connections. Who can predict what tomorrow will bring? Thus, let’s strive to be good people. - Joseph’s “just my thoughts”