Wed, Oct 13, 2027

孟子之滕，館於上宮。有業屨於牖上，館人求之弗得。 或問之曰：「若是乎從者之廋也。」 曰：「子以是為竊屨來與？」 曰：「殆非也。夫子之設科也，往者不追，來者不拒。茍以是心至，斯受之而已矣。」

Source： https://zh.wikisource.org/wiki/%E5%AD%9F%E5%AD%90/%E7%9B%A1%E5%BF%83%E4%B8%8B
盡心下·30

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

子曰：「愛之，能勿勞乎？忠焉，能勿誨乎？」

Source： https://zh.wikisource.org/wiki/%E8%AB%96%E8%AA%9E/%E6%86%B2%E5%95%8F%E7%AC%AC%E5%8D%81%E5%9B%9B
憲問第十四·十四之八

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

Competition was so intense that, once it was unleashed by deregulation, it ravaged shareholder wealth in the airline business.

Source： https://web.archive.org/web/20140625062802/http://ycombinator.com/munger.html
Archived transcript, paragraph 108 (beginning “If it's a pure commodity like airline seats”)

凡所謂忠臣者，務明法術，日夜佐主，明於度數之理以治天下者也。姦邪之臣，知法術明之必治也，治則姦臣困而法術之士顯，是故邪之所務事者，使法無明，主無悟，而己得所欲也。故方正之臣得用，則姦邪之臣困傷矣。是方正之與姦邪不兩進之勢也。姦邪在主之側者，不能勿惡也。惟惡之，則必候主閒而日夜危之。人主不察而用其言，則忠臣無罪而困死，姦臣無功而富貴。故《明法》曰：「忠臣死於非罪，而邪臣起於非功。」

Source： https://zh.wikisource.org/wiki/%E7%AE%A1%E5%AD%90/%E7%AC%AC67%E7%AF%87%E6%98%8E%E6%B3%95%E8%A7%A3
第67篇明法解·第25则

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

Berkshire owns a wide variety of businesses, some in their entirety, some only in part. The second group largely consists of marketable common stocks of major American companies. Additionally, we own a few non-U.S. equities and participate in several joint ventures or other collaborative activities.

Source： https://www.berkshirehathaway.com/letters/2021ltr.pdf
2021 Chairman's Letter, excerpt 1

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