Thu, May 27, 2027

Thirdly, of the improvements of land, of what has been profitably laid out in clearing, draining, inclosing, manuring, and reducing it into the condition most proper for tillage and culture. An improved farm may very justly be regarded in the same light as those useful machines which facilitate and abridge labour, and by means of which an equal circulating capital can afford a much greater revenue to its employer. An improved farm is equally advantageous and more durable than any of those machines, frequently requiring no other repairs than the most profitable application of the farmer’s capital employed in cultivating it.

Source： https://www.gutenberg.org/ebooks/3300
Book II, Chapter I, paragraph 692

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

降魔者，先降自心，心伏，則群魔退聽； 馭橫者，先馭此氣，氣平，則外橫不侵。

Source： https://zh.wikisource.org/wiki/%E8%8F%9C%E6%A0%B9%E8%AD%9A
第38则

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

It has partly been driven from them, by the advantage which the high rate of profit established in Great Britain gives to other countries, in all the different branches of trade of which Great Britain has not the monopoly.

Source： https://www.gutenberg.org/ebooks/3300
Book IV, Chapter VII, paragraph 1412

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

The factory keeps no record of experiments. The foremen and superintendents remember what has been done. If a certain method has formerly been tried and failed, somebody will remember it--but I am not particularly anxious for the men to remember what someone else has tried to do in the past, for then we might quickly accumulate far too many things that could not be done. That is one of the troubles with extensive records. If you keep on recording all of your failures you will shortly have a list showing that there is nothing left for you to try--whereas it by no means follows because one man has failed in a certain method that another man will not succeed.

Source： https://www.gutenberg.org/ebooks/7213
Chapter V, excerpt 56

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

I’m not entitled to have an opinion on this subject unless I can state the arguments against my position better than the people do who are supporting it.

Source： https://speakola.com/grad/charlie-munger-usc-law-school-2007
2007 USC Law School commencement transcript, paragraph beginning “I have what I call an ‘iron prescription’”