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”
Anything consigned to the open market is likely to be distorted. Stocks, commodities, real estate, ideas, and even intentions lose their original intent, purpose, and value when released into the market. Since every market participant has different intentions and perspectives, it is natural that everything in the open market is distorted. Therefore, the idea that if you do your best, you will succeed is a superstition. If your efforts are gnawing at your soul, don't try your best anymore. Instead, it's far better to love yourself, to cherish yourself, and to comfort yourself. - Joseph’s “just my thoughts”