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”
Anthropologist Margaret Mead emphasized “fracture” as a more relevant concept than using tools as markers of human civilization. When an animal is fractured, it becomes easy prey for predators. However, when humans are fractured and unable to function, they rely on the support of their neighbors. Unlike animals, which show no evidence of broken bones and can reattach, humans leave physical marks. Notably, the birth canal of women is narrower than that of other species, complicating the process of giving birth without assistance. Thus, it is incredibly challenging for anyone to bear a child independently. This fact underscores that human childbirth inherently necessitates social interaction. Anatomically, humans have socialized since birth. While women physically bring children into the world, it is society that nurtures and supports this life. Therefore, the core and utmost value of civilization is LOVE for our neighbors. - Joseph’s “just my thoughts”