“夏则资皮,冬则资纱,旱则资船,水则资车” - 范蠡

Thread Rating:
  • 1 Vote(s) - 1 Average
  • 1
  • 2
  • 3
  • 4
  • 5
#11
The quotes spoke about part of the principles of value investment, but cautions must be applied.

Just like those who were expecting run away inflation in the U.S. because of QE, it never happened.
Reply
#12
Just when we least expect inflation to happen, it may take place soon
Reply
#13
Interestingly, 范蠡 was a FT.

范蠡是中国历史上知名度很高的人物。2500年前,他背叛楚国,投奔越国,辅助越王勾践,最终灭了吴国,替卧薪尝胆的勾践报仇雪耻。范蠡之所以背叛楚国,是因为当时的楚国不允许非贵族当官。

and... he left because..
范蠡因为担心勾践会卸磨杀驴而离开了越国。
Reply
#14
Rainbow 
(11-02-2014, 12:52 PM)safetyfirst Wrote: Just when we least expect inflation to happen, it may take place soon

夏则资皮,冬则资纱,旱则资船,水则资车

I read the quote literally and reminded myself to stay invested in all seasons.

Heart Love Compassion
Live with Passion, Lead with Compassion
2013-06-16
Reply
#15
I am surprise the interest on 范蠡. I viewed one documentary on his story, and triggered an interest on him. I have done research on him, and found the similarity among him and other gurus.
“夏则资皮,冬则资纱,旱则资船,水则资车” - 范蠡
Reply
#16
Another famous quote by him ;

狡兔死,走狗烹.飞鸟尽,良弓藏
Reply
#17
(11-02-2014, 04:07 PM)Stocker Wrote: Another famous quote by him ;

狡兔死,走狗烹.飞鸟尽,良弓藏
If I am not wrong, that is from 韩信。

Anyway, what I read from 范蠡is

Be a contrarian, but be a smart one. Market can stay irrational longer than we can stay solvent.

But looking at business perspective, buy strong alpha cyclical at downturns.
life goes in cycles, predictable yet uncontrollable; just like the markets, but markets give you a second chance
Reply
#18
(11-02-2014, 04:24 PM)Greenrookie Wrote:
(11-02-2014, 04:07 PM)Stocker Wrote: Another famous quote by him ;

狡兔死,走狗烹.飞鸟尽,良弓藏
If I am not wrong, that is from 韩信。

Yes, it is from 韩信, who lived hundreds years after 范蠡
“夏则资皮,冬则资纱,旱则资船,水则资车” - 范蠡
Reply
#19
From him. He left a letter with this contents to 文种 , warned them to leave 勾践.
He was right to say that and it is still applicable in today's World.

韩信 followed the footstep of 文种.
The difference is 文种 chose to commit suicide so as not to be executed by 勾践 , but 韩信 was killed by wife of 刘邦 .
Same fath in different era .
Reply
#20
(11-02-2014, 04:37 PM)Stocker Wrote: From him. He left a letter with this contents to 文种 , warned them to leave 勾践.
He was right to say that and it is still applicable in today's World.

韩信 followed the footstep of 文种.
The difference is 文种 chose to commit suicide so as not to be executed by 勾践 , but 韩信 was killed by wife of 刘邦 .
Same fath in different era .

范蠡 and 文种 lived around 500 BC, while 韩信 lived around 200 BC. You mean 韩信 left a letter to 文种? It is only possible when time machine was invented then Big Grin
“夏则资皮,冬则资纱,旱则资船,水则资车” - 范蠡
Reply


Forum Jump:


Users browsing this thread: 11 Guest(s)