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”
Yeast consumes glucose and produces alcohol along with CO2. This action serves as a defense mechanism to protect against other microbiomes. In other words, the alcohol produced by yeast acts as a poison to eliminate other microbiomes. Thus, a solution with over 70% alcohol concentration can effectively eradicate the COVID-19 virus. We gladly consume the poison that yeast produces in liquor. Probably, isn’t there only a very thin line between happiness and unhappiness? - Joseph’s “just my thoughts”