Liquidation Value: All valuations consider present and future values. Value is generated over time. It begins in the present and extends into the future. This ongoing value is referred to as continuing value. Countries, corporations, households, and individuals set current values based on the belief that the present state will persist. What happens if it does not continue? It loses its future value. This state is known as the liquidation value. For example, this occurs if you quit your business. Almost all investments involve buying and selling assets based on their future worth. If you buy at a price lower than the liquidation value, you make a significant profit. If you buy at the liquidation value, you pay a fair price. If you pay more, you risk overpaying or buying a bubble. Value depends on time. Continuing a process is key to valuation. - Joseph’s “just my thoughts”
A person adopts a position, and that position shapes the person once more. People form relationships, and those relationships, in turn, shape individuals again. In a system where cause and effect are continuously interlinked, it’s quite easy to embody either a bad person or a good person. Situations and relationships can influence individuals, but people remain at the core of it all. How are good people and bad people determined? Do good people and bad people genuinely exist within this feedback system? How do we distinguish between cause and effect? - Joseph’s “just my thoughts”