Mon, Aug 2, 2027

至武帝之初七十年間，國家亡事，非遇水旱，則民人給家足，都鄙廩庾盡滿，而府庫餘財。京師之錢累百鉅萬，貫朽而不可校。太倉之粟陳陳相因，充溢露積於外，腐敗不可食。眾庶街巷有馬，仟伯之間成群，乘牸牝者擯而不得會聚。守閭閻者食粱肉；為吏者長子孫；居官者以為姓號。人人自愛而重犯法，先行誼而黜媿辱焉。於是罔疏而民富，役財驕溢，或至并兼豪黨之徒以武斷於鄉曲。宗室有土，公卿大夫以下爭於奢侈，室廬車服僭上亡限。物盛而衰，固其變也。 是後，外事四夷，內興功利，役費並興，而民去本。董仲舒說上曰：「春秋它穀不書，至於麥禾不成則書之，以此見聖人於五穀最重麥與禾也。今關中俗不好種麥，是歲失春秋之所重，而損生民之具也。

Source： https://zh.wikisource.org/wiki/%E6%BC%A2%E6%9B%B8/%E5%8D%B7024
卷二十四·上 食·第17则

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

凡為客之道，深入則專，主人不克。掠于饒野，三軍足食。謹養而勿勞，併氣積力，運兵計謀，為不可測。投之無所往，死且不北。死焉不得，士人盡力。兵士甚陷則不懼，無所往則固，深入則拘，不得已則鬥。是故其兵不修而戒，不求而得，不約而親，不令而信。禁祥去疑，至死無所之。吾士無餘財，非惡貨也；無餘命，非惡壽也。令發之日，士卒坐者涕沾襟，偃臥者淚交頤。投之無所往者，則諸、劌之勇也。

Source： https://zh.wikisource.org/wiki/%E5%AD%AB%E5%AD%90%E5%85%B5%E6%B3%95
九地第十一·第3则

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

齊帶山海，膏壤千里，宜桑麻，人民多文綵布帛魚鹽。臨菑亦海岱之閒一都會也。其俗寬緩闊達，而足智，好議論，地重，難動搖，怯於眾鬬，勇於持刺，故多劫人者，大國之風也。其中具五民。

Source： https://zh.wikisource.org/wiki/%E5%8F%B2%E8%A8%98/%E5%8D%B7129
貨殖列傳·漢朝·第7则

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

夏，四月，上御兩儀殿，皇太子侍。上謂群臣曰：「太子性行，外人亦聞之乎？」司徒無忌曰：「太子雖不出宮門，天下無不欽仰聖德。」上曰：「吾如治年時，頗不能御常度。治自幼寬厚，諺曰：『生子如狼，猶恐如羊。』冀其稍壯，自不同耳。」無忌對曰：「陛下神武，乃撥亂之才，太子仁恕，實守文之德；趣尚雖異，各當其分，此乃皇天所以祚大唐而福蒼生者也。

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十八年（甲辰，公元六四四年）·第7则

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

Two factors make anything approaching this rate of gain unachievable in the future. One factor probably transitory - is a stock market that offers very little opportunity compared to the markets that prevailed throughout much of the 1964-1984 period. Today we cannot find significantly-undervalued equities to purchase for our insurance company portfolios. The current situation is 180 degrees removed from that existing about a decade ago, when the only question was which bargain to choose.

Source： https://www.berkshirehathaway.com/letters/1985.html
1985 Chairman's Letter, excerpt 2

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