China's Great Sage
Who exactly was Confucius? If you’re thinking “just some old guy with a beard,” you’re missing the point. He was the most influential person in Chinese history, period.
Who exactly was Confucius? If you’re thinking “just some old guy with a beard,” you’re missing the point. He was the most influential person in Chinese history, period.
When you are buying a house, you aren’t just buying a building. You are buying someone’s home. Most sellers have lived there for a decade. They have memories attached to the space, and they aren’t going to just hand over the keys to a stranger they don’t trust.
Book 11 of The Analects is basically a giant vibe check on Confucius’s students. If you ever wondered what it was like to be in his inner circle, this is where we see the receipts. He didn’t just teach them theory; he sized them up constantly and had very specific opinions on who was doing it right.
Book: Common Sense on Mutual Funds: Fully Updated 10th Anniversary Edition by John C. Bogle ISBN: 978-0-470-59748-4
Bogle calls taxes the fund industry’s “black sheep.” And he subtitles this chapter “The Message of the Parallax,” which is a fancy way of saying that a small shift in how you look at returns completely changes what you see.
Book 10 is different from the others. It’s not a collection of quotes. It’s a record of what people observed about Confucius in his daily life. It’s basically a “Day in the Life” of a philosopher.
If you can’t run the numbers, you aren’t an investor, you are just guessing. Being a deal maker means knowing exactly what a property is worth and how much you can afford to pay for it.
So, here’s the thing: trying to write a biography of Confucius is a total nightmare. When Meher McArthur started this book, a scholar straight-up told her it was impossible. And honestly? They weren’t wrong.
Book: Common Sense on Mutual Funds: Fully Updated 10th Anniversary Edition by John C. Bogle ISBN: 978-0-470-59748-4
Bogle gives this chapter one of his best subtitles: “Nothing Fails Like Success.” And if that sounds backwards to you, that’s exactly the point.
Book 9 is interesting because it starts by telling us what Confucius didn’t talk about. He rarely spoke about “profit” or “destiny” because those things are complicated and often out of our control. He wanted to focus on what we can change.
So, we’re talking about Confucius. You’ve probably heard the name, maybe seen some “Confucius says” memes that are honestly kind of cringe. But here’s the thing: this guy was basically the original influencer, and he did it all without a smartphone or a single follower on social media.