Day 246 · Mon, Jun 21, 2027 · Five editions

Mon, Jun 21, 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, 水旱第三十六, Entry 5

桓寬《鹽鐵論》· 卷6·水旱第三十六 · Wealth · Investing · Action · Cognition

大夫曰:「卒徒工匠,以縣官日作公事,財用饒,器用備。家人合會,褊於日而勤於用,鐵力不銷煉,堅柔不和。故有司請總鹽、鐵,一其用,平其賈,以便百姓公私。雖虞、夏之為治,不易於此。吏明其教,工致其事,則剛柔和,器用便。此則百姓何苦?而農夫何疾?」

Source: https://zh.wikisource.org/wiki/%E9%B9%BD%E9%90%B5%E8%AB%96/%E5%8D%B706
卷6·水旱第三十六·第5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 39

洪应明《菜根譚》· 第39则 · Health · Decision · Action · Character

教弟子,如養閨女,最要嚴出入,謹交遊。若一接近匪人,是清淨田中,下一不淨種子,便終身難植嘉禾矣。

Source: https://zh.wikisource.org/wiki/%E8%8F%9C%E6%A0%B9%E8%AD%9A
第39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

桓寬:Discourses on Salt and Iron, Volume 1, 本議第一, Entry 1

桓寬《鹽鐵論》· 卷1·本議第一 · Investing · Learning · Cognition · Leadership

惟,有詔書使丞相、御史與所舉賢良、文學語,問民間所疾苦。

Source: https://zh.wikisource.org/wiki/%E9%B9%BD%E9%90%B5%E8%AB%96/%E5%8D%B701
卷1·本議第一·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?

17:00 Evening · Career · Entrepreneur memoirs

Andrew Carnegie:Autobiography of Andrew Carnegie, Excerpt 57

Andrew Carnegie《Autobiography of Andrew Carnegie》· Chapter IX · Leadership

"Ah, gentlemen," I said, "there is the point. A little more money and you could have had the indestructible wrought-iron and your bridge would stand against any steamboat. We never have built and we never will build a cheap bridge. Ours don't fall."

Source: https://www.gutenberg.org/ebooks/17976
Chapter IX, excerpt 57

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 2024 Letter, Excerpt 4

Warren Buffett《Berkshire Hathaway 2024 Letter to Shareholders》· 2024 Chairman's Letter · Investing

But I’ve also had many pleasant surprises in both the potential of the business as well as the ability and fidelity of the manager. And our experience is that a single winning decision can make a breathtaking difference over time. (Think GEICO as a business decision, Ajit Jain as a managerial decision and my luck in finding Charlie Munger as a one-of-a-kind partner, personal advisor and steadfast friend.) Mistakes fade away; winners can forever blossom.

Source: https://www.berkshirehathaway.com/letters/2024ltr.pdf
2024 Chairman's Letter, excerpt 4

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?