Day 264 · Fri, Jul 9, 2027 · Five editions

Fri, Jul 9, 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

司馬光:Zizhi Tongjian, Volume 197, Entry 27

司馬光《資治通鑑》· 卷197·太宗文武大聖大廣孝皇帝中之下貞觀十七年(癸卯,公元六四三年) · Health · Human nature · Cognition · Character

初,上謂監修國史房玄齡曰:「前世史官所記,皆不令人主見之,何也?」對曰:「史官不虛美,不隱惡,若人主見之必怒,故不敢獻也。」上曰:「朕之為心,異於前世帝王。欲自觀國史,知前日之惡,為後來之戒,公可撰次以聞。」諫議大夫朱子奢上言:「陛下聖德在躬,舉無過事,史官所述,義歸盡善。陛下獨覽《起居》,於事無失,若以此法傳示子孫,竊恐曾、玄之後或非上智,飾非護短,史官必不免刑誅。如此,則莫不希風順旨,全身遠害,悠悠千載,何所信乎!所以前代不觀,蓋為此也。」上不從。玄齡乃與給事中許敬宗等刪為《高祖》、《今上實錄》;癸巳,書成,上之。上見書六月四日事,語多微隱,謂玄齡曰:「昔周公誅管、蔡以安周,季友鴆叔牙以存魯。朕之所以,亦類是耳,史官何諱焉!」即命削去浮詞,直書其事。

Source: https://zh.wikisource.org/wiki/%E8%B3%87%E6%B2%BB%E9%80%9A%E9%91%91/%E5%8D%B7197
卷197·太宗文武大聖大廣孝皇帝中之下貞觀十七年(癸卯,公元六四三年)·第27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?

07:00 Morning · Health · Chinese classics

孔子及其弟子:Analects 9.29

孔子及其弟子《論語》· 子罕第九·九之二九 · Health · Cognition · Character · Learning

子曰:「知者不惑,仁者不憂,勇者不懼。」

Source: https://zh.wikisource.org/wiki/%E8%AB%96%E8%AA%9E/%E5%AD%90%E7%BD%95%E7%AC%AC%E4%B9%9D
子罕第九·九之二九

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 · Western classics

Adam Smith:The Wealth of Nations, Book I, Chapter XI, Paragraph 518

Adam Smith《The Wealth of Nations》· Book I, Chapter XI · Investing

The discovery of the abundant mines of America seems to have been the sole cause of this diminution in the value of silver, in proportion to that of corn. It is accounted for, accordingly, in the same manner by every body; and there never has been any dispute, either about the fact, or about the cause of it. The greater part of Europe was, during this period, advancing in industry and improvement, and the demand for silver must consequently have been increasing; but the increase of the supply had, it seems, so far exceeded that of the demand, that the value of that metal sunk considerably. The discovery of the mines of America, it is to be observed, does not seem to have had any very sensible effect upon the prices of things in England till after 1570; though even the mines of Potosi had been discovered more than twenty years before.

Source: https://www.gutenberg.org/ebooks/3300
Book I, Chapter XI, paragraph 518

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

管仲(舊題):Guanzi, 第30篇君臣上, Entry 1

管仲(舊題)《管子》· 第30篇君臣上 · Leadership · Decision · Character · Cognition

爲人君者,修官上之道,而不言其中。爲人臣者,比官中之事,而不言其外。君道不明,則受令者疑。權度不一,則修義者惑。民有疑惑貳豫之心,而上不能匡,則百姓之與閒,猶揭表而令之止也。是故能象其道於國家,加之於百姓,而足以飾官化下者,明君也。能上盡言於主,下致力於民,而足以修義從令者,忠臣也。上惠其道,下敦其業,上下相希,若望參表,則邪者可知也。吏嗇夫任事,人嗇夫任教。教在百姓,論在不橈,賞在信誠。體之以君臣,其誠也以守戰,如此則人嗇夫之事究矣。吏嗇夫盡有訾程事律,論法辟衡權斗斛,文劾不以私論,而以事爲正,如此則吏嗇夫之事究矣。人嗇夫成教,吏嗇夫成律,之後,則雖有敦慤忠信者不得善也,而戲豫怠傲者不得敗也,如此則人君之事究矣。是故爲人君者,因其業,乘其事,而稽之以度。有善者,賞之以列爵之尊,田地之厚,而民不慕也。有過者,罰之以廢亡之辱,僇死之刑,而民不疾也。殺生不違,而民莫遺其親者,此唯上有明法,而下有常事也。

Source: https://zh.wikisource.org/wiki/%E7%AE%A1%E5%AD%90/%E7%AC%AC30%E7%AF%87%E5%90%9B%E8%87%A3%E4%B8%8A
第30篇君臣上·第1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 · Modern investor letters

Charlie Munger:The Circle of Competence

Charlie Munger《A Lesson on Elementary, Worldly Wisdom As It Relates To Investment Management & Business》· Circle of competence · Investing · Character · Decision

Every person is going to have a circle of competence. And it's going to be very hard to advance that circle.

Source: https://web.archive.org/web/20140625062802/http://ycombinator.com/munger.html
Archived transcript, paragraph 138 (beginning “Again, that is a very, very powerful idea”)

Reading

Everyone has a circle of competence, and expanding it is hard.

Context

Munger argued that everyone has a circle of competence, and that the circle expands only slowly. The task is to identify where you have a genuine edge and to play only within that boundary. Venturing outside is not courage; it is handing the game to someone else's advantage.

Today's question

Where is the boundary of your competence—and what happened the last time you bet outside it?