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Just my thoughts #0790

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”

Just my thoughts #0720

In <What Is Life?>, written by Lynn Margulis and Dorion Sagan , there is an expression, “Independence is a political term, not a scientific term.” Independence is the state in which a person can live alone without help or influence from others, using their own strength and ability. The condition of being physically separated from the community is called “isolation.” Independence and isolation are different. Isolation should not be mistaken for independence. To exclude influence and secure autonomy is independence, while deliberately cutting off relationships is isolation. Independence is based on achievement; isolation is based on hurt. To grow, you must be independent, not isolated. - Joseph’s “just my thoughts”

Just my thoughts #0357

The professions that people admire in the United States include police officers and firefighters. Another group of people is carpenters. A key concept in economic activity is “independence,” which means the ability to earn a living on my own. Carpenters and masons are vital for constructing houses and cities, and the skills involved in producing or creating something are crucial to achieving independence. I cannot leave my future in someone else’s hands. Poverty also implies that I am enslaved. - Joseph’s “just my thoughts”