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”
It is called “fate” that the choice is not given. Choosing in the hope of good results is called “effort,” and the process of paying the price for even bad results come out is called “responsibility.” No matter how valuable your efforts and responsibilities are, they are all worthless without “fate” as the background of your choice. - Joseph’s “just my thoughts”