Day 113 · Mon, Feb 8, 2027 · Five editions

Mon, Feb 8, 2027

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

00:00 Night · Investing · Western classics

Adam Smith:The Wealth of Nations, Book V, Chapter III, Paragraph 2164

Adam Smith《The Wealth of Nations》· Book V, Chapter III · Investing

The proprietor of land is interested, for the sake of his own revenue, to keep his estate in as good condition as he can, by building and repairing his tenants houses, by making and maintaining the necessary drains and inclosures, and all those other expensive improvements which it properly belongs to the landlord to make and maintain. But, by different land taxes, the revenue of the landlord may be so much diminished, and, by different duties upon the necessaries and conveniencies of life, that diminished revenue may be rendered of so little real value, that he may find himself altogether unable to make or maintain those expensive improvements. When the landlord, however, ceases to do his part, it is altogether impossible that the tenant should continue to do his. As the distress of the landlord increases, the agriculture of the country must necessarily decline.

Source: https://www.gutenberg.org/ebooks/3300
Book V, Chapter III, paragraph 2164

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?

07:00 Morning · Health · Chinese classics

孔子及其弟子:Analects 4.2

孔子及其弟子《論語》· 里仁第四·四之二 · Health · Wealth · Investing · Cognition

子曰:「不仁者,不可以久處約,不可以長處樂。仁者安仁,知者利仁。」

Source: https://zh.wikisource.org/wiki/%E8%AB%96%E8%AA%9E/%E9%87%8C%E4%BB%81%E7%AC%AC%E5%9B%9B
里仁第四·四之二

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 · Western classics

Adam Smith:The Wealth of Nations, Book V, Chapter II, Paragraph 1912

Adam Smith《The Wealth of Nations》· Book V, Chapter II · Investing

Some leases prescribe to the tenant a certain mode of cultivation, and a certain succession of crops, during the whole continuance of the lease. This condition, which is generally the effect of the landlord’s conceit of his own superior knowledge (a conceit in most cases very ill-founded), ought always to be considered as an additional rent, as a rent in service, instead of a rent in money. In order to discourage the practice, which is generally a foolish one, this species of rent might be valued rather high, and consequently taxed somewhat higher than common money-rents.

Source: https://www.gutenberg.org/ebooks/3300
Book V, Chapter II, paragraph 1912

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

司馬光:Zizhi Tongjian, Volume 195, Entry 12

司馬光《資治通鑑》· 卷195·太宗文武大聖大廣孝皇帝中之上貞觀十二年(戊戌,公元六三八年) · Leadership · Action · Learning

秋,七月,癸酉,以吏部尚書高士廉為右僕射。

Source: https://zh.wikisource.org/wiki/%E8%B3%87%E6%B2%BB%E9%80%9A%E9%91%91/%E5%8D%B7195
卷195·太宗文武大聖大廣孝皇帝中之上貞觀十二年(戊戌,公元六三八年)·第12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 how you work today?

21:00 Figures · Career · Entrepreneur memoirs

Henry Ford:My Life and Work, Excerpt 17

Henry Ford《My Life and Work》· My Life and Work · Leadership

We are constantly experimenting with new ideas. If you travel the roads in the neighbourhood of Dearborn you can find all sorts of models of Ford cars. They are experimental cars--they are not new models. I do not believe in letting any good idea get by me, but I will not quickly decide whether an idea is good or bad. If an idea seems good or seems even to have possibilities, I believe in doing whatever is necessary to test out the idea from every angle. But testing out the idea is something very different from making a change in the car. Where most manufacturers find themselves quicker to make a change in the product than in the method of manufacturing--we follow exactly the opposite course.

Source: https://www.gutenberg.org/ebooks/7213
Excerpt 17

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?