Day 172 · Thu, Apr 8, 2027 · Five editions

Thu, Apr 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 · Chinese classics

桓寬:Discourses on Salt and Iron, Volume 6, 除狹第三十二, Entry 1

桓寬《鹽鐵論》· 卷6·除狹第三十二 · Investing · Philosophy · Health · Leadership

大夫曰:「賢者處大林,遭風雷而不迷。愚者雖處平敞大路,猶暗惑焉。今守、相親剖符贊拜,蒞一郡之眾,古方伯之位也。受命專制,宰割千里,不禦於內;善惡在於己,己不能故耳,道何狹之有哉?」

Source: https://zh.wikisource.org/wiki/%E9%B9%BD%E9%90%B5%E8%AB%96/%E5%8D%B706
卷6·除狹第三十二·第1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?

07:00 Morning · Health · Chinese classics

王阳明:Chuanxilu, 卷中 167

王阳明《傳習錄》· 卷中·第167条 · Health · Cognition · Learning · Philosophy

來書云:「《大學》以『心有好樂、忿懥、憂患、恐懼』為『不得其正』,而程子亦謂『聖人情順萬事而無情』。所謂有者,《傳習錄》中以病瘧譬之,極精切矣。若程子之言,則是聖人之情不生於心而生於物也,何謂邪?且事感而情應,則是是非非可以就格;事或未感時,謂之有則未形也,謂之無則病根在有無之間,何以致吾知乎?學務無情,累雖輕,而出儒入佛矣,可乎?」 聖人致知之功,至誠無息。其良知之體,皦如明鏡,略無纖翳,妍媸之來,隨物見形,而明鏡曾無留染,所謂「情順萬事而無情」也。「無所所住而生其心」,佛氏曾有是言,未為非也。明鏡之應物,妍者妍,媸者媸,一照而皆真,即是生其心處,妍者妍,媸者媸,一過而不留,即是無所住處。病瘧之喻,既已見其精切,則此節所問可以釋然。病瘧之人,瘧雖未發,而病根自在,則亦安可以其瘧之未發而遂忘其服藥調理之功乎?若必待瘧發而後服藥調理,則既晚矣。致知之功,無間於有事、無事,而豈論於病之已發、未發邪?大抵原靜所疑,前後雖若不一,然皆起於自私自利、將迎意必之為崇,此根一去,則前後所疑,自將冰消霧釋,有不待於問辨者矣。 錢德洪跋:答原靜書出,讀者皆喜澄善問,師善答,皆得聞所未聞。師曰:「原靜所問只是知解上轉,不得已與之逐節分疏。若信得良知,只在良知上用工,雖千經萬典無不脗合,異端曲學一勘盡破矣。何必如此節節分解!佛家有『撲人逐塊』之喻,見塊撲人,則得人矣,見塊逐塊,於塊奚得哉?」在座諸友聞之,惕然皆有惺悟。此學貴反求,非知解可入也。

Source: https://zh.wikisource.org/wiki/%E5%82%B3%E7%BF%92%E9%8C%84/%E5%8D%B7%E4%B8%AD
卷中·第167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?

12:00 Noon · Investing · Modern investor letters

Warren Buffett:Berkshire 1994 Letter, Excerpt 2

Warren Buffett《Berkshire Hathaway 1994 Letter to Shareholders》· 1994 Chairman's Letter · Investing

A fat wallet, however, is the enemy of superior investment results. And Berkshire now has a net worth of $11.9 billion compared to about $22 million when Charlie and I began to manage the company. Though there are as many good businesses as ever, it is useless for us to make purchases that are inconsequential in relation to Berkshire's capital. (As Charlie regularly reminds me, "If something is not worth doing at all, it's not worth doing well.") We now consider a security for purchase only if we believe we can deploy at least $100 million in it. Given that minimum, Berkshire's investment universe has shrunk dramatically.

Source: https://www.berkshirehathaway.com/letters/1994.html
1994 Chairman's Letter, excerpt 2

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 200, Entry 7

司馬光《資治通鑑》· 卷200·高宗天皇大聖大弘孝皇帝上之下龍朔二年(壬戌,公元六六二年) · Leadership · Character · Decision · Growth

軍還,司憲大夫楊德裔劾奏:「仁泰等誅殺已降,使虜逃散,不撫士卒,不計資糧,遂使骸骨蔽野,棄甲資寇。自聖朝開創以來,未有如今日之喪敗者。仁貴於所監臨,貪淫自恣,雖矜所得,不補所喪。並請付法司推科。」詔以功贖罪,皆釋之。

Source: https://zh.wikisource.org/wiki/%E8%B3%87%E6%B2%BB%E9%80%9A%E9%91%91/%E5%8D%B7200
卷200·高宗天皇大聖大弘孝皇帝上之下龍朔二年(壬戌,公元六六二年)·第7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

Benjamin Franklin:The Autobiography of Benjamin Franklin, Excerpt 42

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

Tho' I seldom attended any public worship, I had still an opinion of its propriety, and of its utility when rightly conducted, and I regularly paid my annual subscription for the support of the only Presbyterian minister or meeting we had in Philadelphia. He us'd to visit me sometimes as a friend, and admonish me to attend his administrations, and I was now and then prevail'd on to do so, once for five Sundays successively. Had he been in my opinion a good preacher, perhaps I might have continued, notwithstanding the occasion I had for the Sunday's leisure in my course of study; but his discourses were chiefly either polemic arguments, or explications of the peculiar doctrines of our sect, and were all to me very dry, uninteresting, and unedifying, since not a single moral principle was inculcated or enforc'd, their aim seeming to be rather to make us Presbyterians than good citizens.

Source: https://www.gutenberg.org/ebooks/148
Excerpt 42

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?