Day 33 · Fri, Nov 20, 2026 · Five editions

Fri, Nov 20, 2026

Five emails a day: 00:00 Night / 07:00 Morning / 12:00 Noon / 17:00 Evening / 21:00 Figures

00:00 Night · Health · Modern investor letters

Ray Dalio:Pain + Reflection = Progress

Ray Dalio《Principles》· Life Principles: Pain + Reflection = Progress · Cognition · Growth · Character · Decision · Learning

Pain + Reflection = Progress. There is no avoiding pain, especially if you're going after ambitious goals.

Source: https://www.principles.com/principles/4a903526-2db6-4a0a-9b71-889868f0f475/
Life Principles, Pain + Reflection = Progress

Reading

Treat pain as a signal; reflect on it deliberately, and it becomes progress.

Context

From Dalio's Principles. He treats pain as a signal for learning and urges writing down reflections as reusable principles rather than avoiding the discomfort.

Today's question

Which recent pain have you not yet turned into a principle?

07:00 Morning · Health · Chinese classics

洪应明:Caigentan, Entry 174

洪应明《菜根譚》· 第174则 · Human nature · Health · Wealth · Investing

議事者,身在事外,宜悉利害之情; 任事者,身居事中,當絕利害之慮。

Source: https://zh.wikisource.org/wiki/%E8%8F%9C%E6%A0%B9%E8%AD%9A
第174则

This is a direct reading: the original and source are kept; commentary will be added later.

Today's question

What does this passage say about your body or mood today?

12:00 Noon · Investing · Chinese classics

班固:Book of Han, Food and Money, 下 貨, Entry 21

班固《漢書》· 下 貨 · Wealth · Investing · Health · Leadership

令民入粟甘泉各有差,以復終身,不復告嬢。它郡各輸急處,而諸農各致粟,山東漕益歲六百萬石。一歲之中,太倉、甘泉倉滿。邊餘穀,諸均輸帛五百萬匹。民不益賦而天下用饒。於是弘羊賜爵左庶長,黃金者再百焉。 是歲小旱,上令百官求雨。卜式言曰:「縣官當食租衣稅而已,今弘羊令吏坐市列,販物求利。亨弘羊,天乃雨。」久之,武帝疾病,拜弘羊為御史大夫。 昭帝即位六年,詔郡國舉賢良文學之士,問以民所疾苦,教化之要。皆對願罷鹽鐵酒鸾均輸官,毋與天下爭利,視以儉節,然後教化可興。弘羊難,以為此國家大業,所以制四夷,安邊足用之本,不可廢也。乃與丞相千秋共奏罷酒酤。

Source: https://zh.wikisource.org/wiki/%E6%BC%A2%E6%9B%B8/%E5%8D%B7024
卷二十四·下 貨·第21则

This is a direct reading: the original and source are kept; commentary will be added later.

Today's question

Does this passage change one judgment about money or risk today?

17:00 Evening · Career · Chinese classics

孟子:Mencius, 離婁上 2

孟子《孟子》· 離婁上·2 · Leadership · Character · Health · Human nature

孟子曰:「規矩,方員之至也。聖人,人倫之至也。欲爲君,盡君道;欲爲臣,盡臣道,二者皆法堯舜而已矣。不以舜之所以事堯事君,不敬其君者也;不以堯之所以治民治民,賊其民者也。孔子曰:『道二,仁與不仁而已矣。』暴其民甚,則身弒國亡,不甚,則身危國削,名之曰『幽』、『厲』,雖孝子慈孫,百世不能改也。《詩》云:『殷鑒不遠,在夏后之世。』此之謂也。」

Source: https://zh.wikisource.org/wiki/%E5%AD%9F%E5%AD%90/%E9%9B%A2%E5%A9%81%E4%B8%8A
離婁上·2

This is a direct reading: the original and source are kept; commentary will be added later.

Today's question

What does this passage say about how you work today?

21:00 Figures · Career · Entrepreneur memoirs

Benjamin Franklin:The Autobiography of Benjamin Franklin, Excerpt 16

Benjamin Franklin《The Autobiography of Benjamin Franklin》· The Autobiography of Benjamin Franklin · Leadership

The governor, seeming to like my company, had me frequently to his house, and his setting me up was always mention'd as a fixed thing. I was to take with me letters recommendatory to a number of his friends, besides the letter of credit to furnish me with the necessary money for purchasing the press and types, paper, etc. For these letters I was appointed to call at different times, when they were to be ready, but a future time was still named. Thus he went on till the ship, whose departure too had been several times postponed, was on the point of sailing. Then, when I call'd to take my leave and receive the letters, his secretary, Dr. Bard, came out to me and said the governor was extremely busy in writing, but would be down at Newcastle before the ship, and there the letters would be delivered to me.

Source: https://www.gutenberg.org/ebooks/148
Excerpt 16

This is a direct reading: the original and source are kept; commentary will be added later.

Today's question

What does this passage say about how you work today?