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”
When the caterpillar believed its journey was at an end, it transformed into a beautiful butterfly. It’s easy to feel overwhelmed by the shell you need to shed and think it marks the end of everything you know. But change is really about embracing new beginnings and discovering a fresh perspective! Although changing ourselves can be daunting and even a little painful, it’s also a chance for growth. The caterpillar that struggles with what to let go of isn’t foolish; it’s simply on a journey of discovery. So, before you stress about your next steps, why not take a moment to reflect on what your shell represents? - Joseph’s “just my thoughts”