China in Chaos
To understand Confucius, you have to understand that “China” wasn’t even a thing yet. It was more like a patchwork of states constantly beefing with each other over territory and power.
To understand Confucius, you have to understand that “China” wasn’t even a thing yet. It was more like a patchwork of states constantly beefing with each other over territory and power.
Book: Real Estate Deal Maker: Winning Strategies to Find and Finance Successful Rental Properties in Any Market Author: Henry Washington
If Confucius were alive today, he would probably be the first person to call out fake news and bad labels. In Book 13, he explains that the very first thing he would do if he were in charge of a government is “rectify names.”
Book: Common Sense on Mutual Funds: Fully Updated 10th Anniversary Edition by John C. Bogle ISBN: 978-0-470-59748-4
Abraham Lincoln once said, “Important principles must be inflexible.” And Bogle opens Chapter 15 with that exact quote because he wants to make a point. The mutual fund industry used to have principles. Real ones. And they were supposed to be the kind of thing you don’t budge on.
Book 12 is where Confucius drops some of his biggest hits about how to be a decent human being and a good leader. If you’ve ever heard the Golden Rule, this is basically where it comes from in Chinese philosophy.
Book: Real Estate Deal Maker: Winning Strategies to Find and Finance Successful Rental Properties in Any Market Author: Henry Washington
Everyone edits their own story. We remember things in ways that make us look a little better, forget details that make us look worse. Now imagine doing that when the story involves mass murder and you are sitting in front of a prosecutor twenty-five years later.
Picture this: It’s 2,500 years ago. You’re in your late fifties, stranded in the woods, and you haven’t eaten in a week. Your students are starting to lose it, and you’re wondering if your life’s work was all for nothing.
Book: Common Sense on Mutual Funds: Fully Updated 10th Anniversary Edition by John C. Bogle ISBN: 978-0-470-59748-4
Bogle opens this chapter by borrowing from Einstein. Time is the fourth dimension. It was true in physics, and Bogle argues it’s true in investing too.
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.