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”
Social media is a world of algorithms, not a window being shown by content creators. Attention is an asset and a lot of exposure to content is power in this social media. However, regardless of the creators' passion, the opportunity to expose is determined by the algorithm. It proves no one has found the secret to the algorithm's favorable selection, which is why so much YouTube content reveals the secrets. If the correct secret has been revealed, people will stop creating competitive content for it. Secrets increase efficiency, but generalizing the secrets is unavoidable. Without generalization, the market is getting smaller. There will be a threshold below which the profit under the confidentiality of the secret is valid. However, exceeding that threshold creates an inverse relationship between secrecy and profit. Until before that threshold is exceeded, the victims of scammers must be victimized unfortunately, hence don't be fooled by those who brag about their secrets w...