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Wednesday, September 15, 2010

195. Judge Not...

Wisdom tells you not to judge that which you do not understand.

194. Design Your Curriculum

When it comes to learning, a meaningful curriculum should be consistent and coherent (use joined-up thinking when designing it). If, for example, you are going for a scientific career like medicine etc., whatever other subjects you take, make sure that you take all the scientific ones as well as mathematics. A conflicted curriculum leads tio fragmentation of your learning while a coherent one leads to uniity of education. You should always balance science with the humanities (at least 25%.)

193. Inevitability

The word "inevitable" is fearful to the ego but joyous to the Spirit. Do not invest yourself in fear. Teach only Love for that is what you are. You teach by what you do.

192. Teaching and Teachers


This is a still from the film  If....(1968) Macolm Mc Dowell and Christine Noonan

Good teachers never terrorise their students. To terroise is to attack and this results in the rejection of what the teacher has to offer. The effect is learning failure. When a teacher terrorises he has already stopped caring for his student and when this happens the student stops listening to him. The expression "What you are and do speaks so loudly that I cannot hear what you are saying." was created to describe this situation. The film If... is a very good illustration of this principle and it is one of my favourites.

191. The Law of Cause and Effect

The most fundamental law there is is the Law of Cause and Effect. Sir Isaac Newton described it in his Second Law of Motion when he said that every action has an equal and opposite reaction. The Laws of Karma work the same way. Karma is sometimes instant as when you are training in the Martial Arts - Theow a punch and your training partner throws you ! More usually, though Karma takes longer to work out. It may be days,weeks, years or even whole lifetimes before the effects of your actions come back to you but they do come back.

The technical description of this law in action is that the action done here and now enters your kryamaan, your future sanskara. When you are born you come into the world with this sanskara which is made up of sanchit - everything you need for the lifetime and prarabda - the circumstances into which you ar born which are best suited for the working out of your sanskara. The sanchit interacts with the prarabda and produces each event that befalls you. This is all utterly mechanical and in the absence of your conscious decisions would just play out mechanically. You have the ability to choose your response to any and all situations. By acting to simply meet the need, you will eliminate your past sanskara and prevent the creation of future sanskara, thus freeing yourself from the cycle of birth and death.

190. Giving

A touch of fragrence always clins to the hand of the one who gives the rose. Nothing goes unnoticed in the Creation.

189. Fear

The correction of fear is your responsibility. I am here only to be truly helpful and to represent Him who sent me.

188. Booklist #1.



When you go into a person's study or library, you can immediately tell a great deal about them by looking at what books they have on their shelves. When you know about someone and want to emulate them, a list of their books can help you to embody their philosophy. Here is Warren Buffett's list of recommended reading :

* 1989 — Essays in Persuasion by John Maynard Keynes
* 1992 — The Theory of Investment Value by John Burr Williams
* 1994 — The Intelligent Investor: A Book of Practical Counsel by Benjamin Graham
* 1994 — The General Theory of Employment, Interest, and Money (Great Minds Series) by John Maynard Keynes (in OID)
* 1994 — The People V. Clarence Darrow : The Bribery Trial of America’s Greatest Lawyer by Geoffrey Cowan (in OID)
* 1995 — A Piece of the Action: How the Middle Class Joined the Money Class by Joseph Nocera (in OID)
* 1996 — The Money Masters by John Train
* 1996 — Paths to wealth through common stocks by Philip Fisher (in OID)
* 1997 — The Science of Hitting by Ted Williams
* 1997 — Only the Paranoid Survive : How to Exploit the Crisis Points That Challenge Every Company by Andrew S. Grove (in OID)
* 1998 — The Expanded Quotable Einstein by Albert Einstein
* 2000 — The Farmer From Merna by Karl Schriftgeisser
* 2000 — Common Stocks and Uncommon Profits by Philip Fisher
* 2000 — The Essays of Warren Buffett : Lessons for Corporate America by Lawrence A. Cunningham
* 2001 — The Warren Buffett CEO by Robert P Miles
* 2001 — Security Analysis by Ben Graham and Dave Dodd
* 2001 — Personal History by Katharine Graham
* 2002 — Take on the Street: What Wall Street and Corporate America Don’t Want You to Know. What you can do to fight back by Arthur Levitt
* 2003 — First a Dream by Jim Clayton
* 2003 — Bull! by Maggie Mahar
* 2003 — The Smartest Guys in the Room by Bethany McLean and Peter Elkind
* 2003 — In an Uncertain World by Bob Rubin
* 2003 — The Intelligent Investor — 2003 Revised Edition by Jason Zweig
* 2003 — Sam Walton: Made In America by Sam Walton
* 2003 — Bull! : A History of the Boom, 1982-1999: What drove the Breakneck Market–and What Every Investor Needs to Know About Financial Cycles by Maggie Mahar
* 2003 — Science of Hitting by Ted Williams and John Underwood
* 2004 — The Intelligent Investor
* 2004 — The Financial Times, Amercian Edition Newspaper
* 2004 — The General Theory by John Maynard Keynes
* 2004 — A Short History of Nearly Everything by Bill Bryson
* 2004 — Poor Charlie’s Almanack: The Wit and Wisdom of Charles T. Munger by Charles T. Munger
* 2004 — Nuclear Terrorism: The Ultimate Preventable Catastrophe by Graham Allison
* 2005 — F.I.A.S.C.O.: Blood In The Water On Wall Street by Frank Partnoy
* 2005 — Travels with Barley: A Journey Through Beer Culture in America by Ken Wells
* 2006 — Seeking Wisdom: From Darwin to Munger (Thrid Edition) by Peter Bevelin
* 2007 — Where Are the Customers’ Yachts? or A Good Hard Look at Wall Street by Fred Schwed, Jr
* 2007 — Supermoney [Edition with a new foreword by John Bogle and a preface by Adam Smith (aka George J. W. Goodman)] by Adam Smith
* 2007 — The Audacity of Hope: Thoughts on Reclaiming the American Dream by Barack Obama
* 2007 — Warren Buffett: An Illustrated Biography of the World’s Most Successful Investor by Ayano Morio
* 2008 — The Essays of Warren Buffett: Lessons for Corporate America, edited by Lawrence Cunningham
* 2008 — The Warren Buffett CEO: Secrets From the Berkshire Hathaway Managers, by Robert Miles
* 2008 — Foods You Will Enjoy — The Story of Buffett’s Store, by Bill Buffett
* 2008 — Pleased, but Not Satisfied by David Sokol (Note: WEB did not recommend specifically at the AGM the new book by David Sokol, but he has written its foreword!)

Books Recommended by Warren Buffett (Years Unkown):

* Benjamin Graham on Value Investing: Lessons from the Dean of Wall Street by Janet Lowe
* Do Business with People You Can Trust: Balancing Profits and Principles by L. J. Rittenhouse
* John Bogle on Investing: The First 50 Years by John C. Bogle
* Common Sense on Mutual Funds: New Imperatives for the Intelligent Investor by John C. Bogle
* The Real Warren Buffett: Managing Capital, Leading People by James O’Loughlin
* Of Permanent Value: The Story of Warren Buffett/2007 International Edition/in 2 volumes by Andrew Kilparrick
* Will America Grow up Before it Grows Old : How the Coming Social Security Crisis Threatens You, Your Family and Your Country by Peter G. Peterson (Source: Of Permanent Value, Literary Edition page 197)
* Father, Son & Co : My Life at IBM and Beyond by Thomas, Jr. Watson
* Memos from the Chairman by Alan “Ace” C. Greenberg
* Jack Welch Speaks: Wisdom from the World’s Greatest Business Leader by Janet Lowe
* Quality Financial Reporting by Paul B. W. Miller & Paul R. Bahnson
* Jack: Straight from the Gut by Jack Welch
* Epidemic of Care : A Call for Safer, Better, and More Accountable Health Care by George C. Halvorson
* Running On Empty: How The Democratic and Republican Parties Are Bankrupting Our Future and What Americans Can Do About It” by Peter G. Peterson
* The Man Behind the Microchip: Robert Noyce and the Invention of Silicon Valley by Leslie Berlin
* Speculative Contagion: An Antidote for Speculative Epidemics by Frank Martin
* The Little Book of Common Sense Investing: The Only Way to Guarantee Your Fair Share of Stock Market Returns (Little Book Big Profits) by John C. Bogle