Day 135 · Tue, Mar 2, 2027 · Five editions

Tue, Mar 2, 2027

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

00:00 Night · Health · Chinese classics

王阳明:Chuanxilu, 卷上 116

王阳明《傳習錄》· 卷上·第116条 · Cognition · Health · Growth · Philosophy

因論先生之門,某人在涵養上用功,某人在識見上用功。 先生曰:「專涵養者,日見其不足;專識見者,日見其有餘。日不足者,日有餘矣;日有餘者,日不足矣。」

Source: https://zh.wikisource.org/wiki/%E5%82%B3%E7%BF%92%E9%8C%84/%E5%8D%B7%E4%B8%8A
卷上·第116条

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?

07:00 Morning · Health · Chinese classics

王永彬:Weilu Yehua, Passage 199

王永彬《圍爐夜話》· 第199段 · Health · Action · Cognition · Decision

立身之道何窮,只得一敬字,便事事皆整 為人循矩度,而不見精神,則登場之傀儡也

Source: https://zh.wikisource.org/wiki/%E5%9C%8D%E7%88%90%E5%A4%9C%E8%A9%B1
第199段(按原排版相邻两行合并)

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

司馬遷:Records of the Grand Historian, 平準書, 平準書, Entry 41

司馬遷《史記》· 平準書·平準書 · Investing · Leadership · Decision · Action

其明年,天子始巡郡國。東度河,河東守不意行至,不辨,自殺。行西踰隴,隴西守以行往卒,天子從官不得食,隴西守自殺。於是上北出蕭關,從數萬騎,獵新秦中,以勒邊兵而歸。新秦中或千里無亭徼,於是誅北地太守以下,而令民得畜牧邊縣,官假馬母,三歲而歸,及息什一,以除告緡,用充仞新秦中。

Source: https://zh.wikisource.org/wiki/%E5%8F%B2%E8%A8%98/%E5%8D%B7030
平準書·平準書·第41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, 盡心下 33

孟子《孟子》· 盡心下·33 · Character · Action · Health · Leadership

孟子曰:「堯、舜,性者也;湯、武,反之也。動容周旋中禮者,盛德之至也。哭死而哀,非為生者也。經德不回,非以干祿也。言語必信,非以正行也。君子行法,以俟命而已矣。」

Source: https://zh.wikisource.org/wiki/%E5%AD%9F%E5%AD%90/%E7%9B%A1%E5%BF%83%E4%B8%8B
盡心下·33

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 · Investing · Modern investor letters

Charlie Munger:The Edge of Competence

Charlie Munger《A Lesson on Elementary, Worldly Wisdom As It Relates To Investment Management & Business》· Section on high technology and the circle of competence · Investing · Decision · Character

And Warren and I don't feel like we have any great advantage in the high-tech sector. In fact, we feel like we're at a big disadvantage in trying to understand the nature of technical developments in software, computer chips or what have you. So we tend to avoid that stuff, based on our personal inadequacies.

Source: https://web.archive.org/web/20140625062802/http://ycombinator.com/munger.html
Archived transcript, section on high technology, paragraph beginning “And Warren and I don't feel...”

Reading

Berkshire avoids high tech out of an honest assessment of its competence, not disdain.

Context

Munger and Buffett famously stayed inside their “circle of competence,” investing only where they genuinely understood the business. Munger admitted that he and Buffett had no edge in high technology and were at a positive disadvantage in understanding software and chips. Avoiding the sector was therefore an act of honesty about their limits, not contempt for technology.

Today's question

Which field do you deliberately avoid—and is that an honest competence boundary or an excuse to stop learning?