Acharya Prashant explains that our conventional definitions of 'good' and 'bad' are fundamentally flawed and dangerous because they are rooted in the future. We label an event as 'good' if we expect it to yield favorable results later, and 'bad' if we fear it will spoil our future prospects. This constant evaluation of events based on future outcomes displaces us from the present moment. He argues that in the present, there is no good or bad; there are only events and the immediate actions they demand. By worrying about the future, we ignore the live challenges and opportunities right in front of us, effectively stealing time from the present to dwell on imaginary scenarios.