Day 193 · Thu, Apr 29, 2027 · Five editions

Thu, Apr 29, 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 5, 孝養第二十五, Entry 4

桓寬《鹽鐵論》· 卷5·孝養第二十五 · Investing · Health · Decision · Philosophy

丞相史曰:「孝莫大以天下一國養,次祿養,下以力。故王公人君,上也,卿大夫,次也。夫以家人言之,有賢子當路於世者,高堂邃宇,安車大馬,衣輕暖,食甘毳。無者,褐衣皮冠,窮居陋巷,有旦無暮,食蔬糲葷茹,膢臘而後見肉。老親之腹非唐園,唯菜是盛。夫蔬糲,乞者所不取,而子以養親,雖欲以禮,非其貴也。」

Source: https://zh.wikisource.org/wiki/%E9%B9%BD%E9%90%B5%E8%AB%96/%E5%8D%B705
卷5·孝養第二十五·第4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

洪应明:Caigentan, Entry 47

洪应明《菜根譚》· 第47则 · Health · Growth · Philosophy · Decision

進德修道,要個木石的念頭,若一有欣羨,便趨慾境; 濟世經邦,要段雲水的趣味,若一有貪著,便墮危機。

Source: https://zh.wikisource.org/wiki/%E8%8F%9C%E6%A0%B9%E8%AD%9A
第47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

管仲(舊題):Guanzi, 第79篇國準, Entry 3

管仲(舊題)《管子》· 第79篇國準 · Investing · History · Cognition · Decision

桓公曰:「五代之王以盡天下數矣,來世之王者可得而聞乎?」管子對曰:「好譏而不亂,亟變而不變。時至則爲,過則去。王數不可豫致。此五家之國准也。」

Source: https://zh.wikisource.org/wiki/%E7%AE%A1%E5%AD%90/%E7%AC%AC79%E7%AF%87%E5%9C%8B%E6%BA%96
第79篇國準·第3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

司馬光:Zizhi Tongjian, Volume 198, Entry 12

司馬光《資治通鑑》· 卷198·太宗文武大聖大廣孝皇帝下之上貞觀二十一年(丁未,公元六四七年) · Leadership · Growth · Decision · Action

庚辰,上御翠微殿,問侍臣曰:「自古帝王雖平定中夏,不能服戎、狄。朕才不逮古人而成功過之,自不諭其故,諸公各率意以實言之。」群臣皆稱:「陛下功德如天地,萬物不得而名言。」上曰:「不然。朕所以能及此者,止由五事耳。自古帝王多疾勝己者,朕見人之善,若己有之。人之行能,不能兼備,朕常棄其所短,取其所長。人主往往進賢則欲置諸懷,退不肖則欲推諸壑,朕見賢者則敬之,不肖者則憐之,賢不肖各得其所。人主多惡正直,陰誅顯戮,無代無之,朕踐祚以來,正直之士,比肩於朝,未嘗黜責一人。自古皆貴中華,賤夷、狄,朕獨愛之如一,故其種落皆依朕如父母。此五者,朕所以成今日之功也。」顧謂褚遂良曰:「公嘗為史官,如朕言,得其實乎?」對曰:「陛下盛德不可勝載,獨以此五者自與,蓋謙謙之志耳。」

Source: https://zh.wikisource.org/wiki/%E8%B3%87%E6%B2%BB%E9%80%9A%E9%91%91/%E5%8D%B7198
卷198·太宗文武大聖大廣孝皇帝下之上貞觀二十一年(丁未,公元六四七年)·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 · Investing · Modern investor letters

Warren Buffett:Berkshire 2018 Letter, Excerpt 2

Warren Buffett《Berkshire Hathaway 2018 Letter to Shareholders》· 2018 Chairman's Letter · Investing

The accuracy of that prediction can be suggested by our quarterly results during 2018. In the first and fourth quarters, we reported GAAP losses of $1.1 billion and $25.4 billion respectively. In the second and third quarters, we reported profits of $12 billion and $18.5 billion. In complete contrast to these gyrations, the many businesses that Berkshire owns delivered consistent and satisfactory operating earnings in all quarters. For the year, those earnings exceeded their 2016 high of $17.6 billion by 41%.

Source: https://www.berkshirehathaway.com/letters/2018ltr.pdf
2018 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?