Fri, Sep 17, 2027

司馬牛問「仁」。子曰：「仁者，其言也訒。」曰：「其言也訒，斯謂之『仁』已乎？」子曰：「爲之難，言之得無訒乎！」

Source： https://zh.wikisource.org/wiki/%E8%AB%96%E8%AA%9E/%E9%A1%8F%E6%B7%B5%E7%AC%AC%E5%8D%81%E4%BA%8C
顏淵第十二·十二之三

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

己巳，禮官奏：「四郊迎氣，存太微五帝之祀；南郊明堂，廢緯書六天之義。其方丘祭地之外，別有神州，亦請合為一祀。」從之。

Source： https://zh.wikisource.org/wiki/%E8%B3%87%E6%B2%BB%E9%80%9A%E9%91%91/%E5%8D%B7200
卷200·高宗天皇大聖大弘孝皇帝上之下顯慶二年（丁巳，公元六五七年）·第14则

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

Charlie Munger, Berkshire's Vice Chairman, and I have set a goal of attaining a 15% average annual increase in Berkshire's intrinsic value. If our growth in book value is to keep up with a 15% pace, we must earn $22 billion during the next decade. Wish us luck - we'll need it.

Source： https://www.berkshirehathaway.com/letters/1991.html
1991 Chairman's Letter, excerpt 2

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

昔者聖王之治人也，不貴其人博學也，欲其人之和同以聽令也。《泰誓》曰：「紂有臣億萬人，亦有億萬之心。武王有臣三千而一心。」故紂以億萬之心亡，武王以一心存。故有國之君，苟不能同人心，一國威，齊士義，通上之治，以爲下法，則雖有廣地衆民，猶不能以爲安也。君失其道，則大臣比權重以相舉於國，小臣必循利以相就也。故舉國之士以爲亡黨，行公道以爲私惠。進則相推於君，退則相譽於民，各便其身，而忘社稷，以廣其居，聚徒威羣，上以蔽君，下以索民，此皆弱君亂國之道也。故國之危也，擅國權以深索於民者，聖王之禁也。其身毋任於上者，聖王之禁也。進則受祿於君，退則藏祿於室，毋事治職，但力事屬，私王官，私君事，去非其人而人私行者，聖王之禁也。

Source： https://zh.wikisource.org/wiki/%E7%AE%A1%E5%AD%90/%E7%AC%AC14%E7%AF%87%E6%B3%95%E7%A6%81
第14篇法禁·第2则

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

We’ve experienced both outcomes: As is the case in marriage, business acquisitions often deliver surprises after the “I do’s.” I’ve made some dumb purchases, paying far too much for the economic goodwill of companies we acquired. That later led to goodwill write-offs and to consequent reductions in Berkshire’s book value. We’ve also had some winners among the businesses we’ve purchased – a few of the winners very big – but have not written those up by a penny.

Source： https://www.berkshirehathaway.com/letters/2016ltr.pdf
2016 Chairman's Letter, excerpt 2

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