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Showing posts with the label perceived space

Just my thoughts #0300

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”

Just my thoughts #0254

When you look out from inside your house, you can see your yard. This is known as the “right of view.” If your view is obstructed, then your yard may feel limited to that boundary. Some people even take legal action to protect their right of view. Cliffs, on the other hand, hold little property value due to their danger and high construction costs. Nevertheless, if you build a house on a cliff, your yard extends as far as the eye can see. For instance, when you purchase land on a coastal cliff and install an infinity pool, the seamless horizon and sky beyond the pool become part of your front yard. It’s essential to bring nature into your home and blend your living space with the blue sea and sky, even if you have only open cliffs and modest infinity pools. Perceived space often holds more value than physical space. Many scenic images on Instagram illustrate this concept of perceived space. - Joseph’s “just my thoughts”

Just my thoughts #0248

Media shapes a “perceived space,” which exists not in the physical realm but within our imagination. Businesses that once thrived on in-person gatherings will need to adapt their perception of space to survive in the future. Traditionally, aggregation has served as a primary profit model. However, even in a distributed setting, if a cognitive connection can be established, a cognitive space emerges. While aggregation and variance are tied to physical realities, these distinctions lose relevance in cognitive terms. For instance, cafés inside train stations hold economic value due to the relatively short travel distance compared to those outside. Yet, a café just outside the station, equipped with an LED display providing boarding information, effectively extends the perceived economic value of the train station space. Instagram exemplifies this concept; to reiterate, media creates a perceived space. - Joseph’s “just my thoughts”