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”
Influence is not merely giving; it involves both giving and taking. Interaction creates change. Influence without change is simply a rumor. To truly give and take from one another, you must first embrace the world within yourself. If you do not open your mind and senses to the world and accept its stimuli and spirit, you cannot impact even the most abundant rumors. First, accept, and then react to the world. - Joseph’s “just my thoughts”