HEXAGRAM 29: ORIGINAL, INTERPRETATION
AND CASES
HEXAGRAM 29 - K'an - The Abysmal (Water)
Above K'AN THE ABYSMAL, WATER
Below K'AN THE ABYSMAL, WATER
This hexagram consists of a doubling of the trigram K'an.
It is one of the eight hexagrams in which doubling occurs.
The trigram K'an means a plunging in.
A yang line
· has plunged in between two yin lines
and
· is closed in by them like water in a ravine.
The trigram K'an is also the middle son.
The Receptive
· has obtained the middle line of the Creative,
and thus
· K'an develops.
As an image it represents water,
the water that
· comes from above
and
· is in motion on earth in streams and rivers,
giving rise to all life on earth.
In man's world K'an represents
· the heart,
· the soul locked up within the body,
· the principle of light inclosed in the dark - that is, reason.
The name of the hexagram, because the trigram is doubled,
has the additional meaning,
"repetition of danger."
Thus the hexagram is intended to designate
· an objective situation to which one must become accustomed,
· not a subjective attitude.
For danger
due to a subjective attitude means
either
·
foolhardiness
or
· guile.
Hence too a ravine is used to symbolize danger;
it is a situation in which
a man is in the same pass as
the water in a ravine,
and,
like the water,
·
he can escape
if
·
he behaves correctly.
THE JUDGMENT
The Abysmal repeated.
If you are
sincere,
·
you have success in your heart,
And
·
whatever you do succeeds.
Through repetition of danger
we grow accustomed to it.
Water sets the example for the right conduct under such circumstances.
·
It
o flows on and on,
and
o merely fills up all the places
through which it flows;
·
it
o does not shrink from any
dangerous spot nor from any plunge,
and
o nothing can make it lose its own
essential nature.
·
It
o remains true to itself under all
conditions.
Thus likewise,
·
if one is sincere when confronted with difficulties,
o the heart can penetrate the
meaning of the situation.
And
·
once we have gained inner mastery of a problem,
o it will come about naturally
that the action we take will succeed.
In danger all that counts is really
·
carrying out all that has to be done –
thoroughness –
and
·
going forward, in order not to perish through tarrying in the danger.
Properly
used,
danger can have an important meaning as a protective measure.
Thus
·
heaven has its perilous height protecting it
o against every attempt at
invasion, and
·
earth has its mountains and bodies of water,
o separating countries by their
dangers.
Thus also
rulers
make use of danger to protect themselves
·
against attacks from without
and
·
against turmoil within.
THE IMAGE
Water
· flows on uninterruptedly
and
· reaches its goal:
The image of the Abysmal repeated.
Thus the superior man
·
walks in lasting virtue
And
·
carries on the business of teaching.
Water
reaches its goal by flowing continually.
It fills up every depression before it flows on.
The superior man follows its example;
he is concerned that goodness should be
·
an established attribute of character
rather
than
·
an accidental and isolated occurrence.
So likewise in teaching others everything depends on consistency,
for
it is only
through repetition
that
the pupil makes the material his own.
THE LINES
Six at the beginning means:
Repetition of the Abysmal.
In the abyss one falls into a pit.
Misfortune.
By growing
used to what is dangerous,
a man can
easily allow it to become part of him.
He
·
is familiar with it
and
·
grows used to evil.
With this
·
he has lost the right way,
and
·
misfortune is the natural result.
0 Nine in the second place
means:
The abyss is dangerous.
One should strive to attain small things only.
When
we are in
danger
we ought not to attempt to get out of it immediately,
regardless of circumstances;
at first
we must
content ourselves with not being overcome by it.
We must
·
calmly weigh the conditions of the time
and
·
be satisfied with small gains,
because for the time being a great success cannot be attained.
A spring
· flows only sparingly at first,
and
· tarries for some time before it makes its way into the open.
Six in the third place means:
· Forward and backward,
· abyss on abyss.
In danger like this,
· pause at first
and
· wait,
Otherwise you will fall into a pit in the abyss.
Do not act in this way.
Here every step, forward or backward, leads into danger.
Escape is
out of the question.
Therefore
·
we must not be misled into action, as a result of
which
o we should only bog down deeper
in the danger;
disagreeable
as it may be to remain in such a situation,
·
we must wait until a way out shows itself.
Six in the fourth place means:
A jug of wine, a bowl of rice 1' with it
Earthen vessels
Simply handed in through the window.
There is certainly no blame in this.
In times
of danger ceremonious forms are dropped.
What matters most is sincerity.
Although as a rule it is customary for an official to
present
· certain introductory gifts
and
· recommendations
before he is appointed,
here everything is simplified to the utmost.
The gifts are insignificant,
there is no one to sponsor him,
he introduces himself;
yet
all this need not be humiliating
if only there is the honest intention of mutual help in danger.
Still another idea is suggested.
The window is the place through which light enters the room.
If in
difficult times
·
we want to enlighten someone,
·
we must
o begin with that which is in itself lucid
and
o proceed quite simply from that
point on.
0 Nine in the fifth place
means:
The abyss is not filled to overflowing,
It is filled only to the rim.
No blame.
Danger
comes because one is too ambitious.
In order to flow out of a ravine,
water does not rise higher than the lowest point of the
rim.
So
likewise
a man when
in danger
has only to proceed along the line of least resistance;
thus
he reaches the goal.
Great
labors cannot be accomplished in such times;
it is enough to get out of the danger.
Six at the top means:
· Bound with cords and ropes,
· Shut in between thorn-hedged prison walls:
For three years one does not find the way.
Misfortune.
A man who
in the extremity of danger
·
has lost the right way
and
·
is irremediably entangled in his sins
has no prospect of escape.
He is like a criminal who sits shackled behind thorn-hedged prison walls.
1. The usual translation, "two bowls of rice," has been corrected on the basis of Chinese commentaries.
29 THE ABYSMAL
(REPETITION OF DANGER)
MANAGERIAL
ISSUE:
The CEO – managing danger.
The CEO finds himself and his corporation
under a dangerous position. The I Ching
would say the CEO and his corporation are trapped very much the way three elements
get trapped:
MANAGERIAL
LESSON:
The Superior CEO - to get out of dangerous
conditions, he must:
1) Develop the
proper attitude to manage under dangerous conditions by looking deeply into
it. He must never accept danger as a no way out situation.
There is always a way out, but to find it the CEO must develop the
proper winning attitude.
2) Draw on his
previous experience on managing danger.
By getting accustomed to danger he generates
more experiences on dealing with danger.
That is, the CEO must have lived throughout similar conditions of danger
to know how to manage danger. Drawing on
his experiences is critical for the CEO’s success. This is a clear message to the Board of
Director when it comes to choosing the proper CEO of a corporation in trouble –
he must have experience in managing under dangerous conditions.
3) Follow the
example of the water:
a) The water
faces the danger of the waterfall by heading straight into it, making no effort
to avoid it – a deliberately passive attitude similar to
the “docility of the cow”. But once it
is down in the pit, the water begins to get out of this new predicament by
filling it or overwhelming it until it finds the borders and overflows the pit
and continues on its way – a winning attitude is
needed to find its way out.
b) The water
uses the right amount needed to overwhelm the pit; no more, no less – the
proper balanced attitude. This means
that, for instance, when the CEO faces a managerial gap, he fills it with the
right amount, and only the right amount of executives
to fix the problem, but never exceeding the amount needed. Then the CEO continues to send the right amount of executives to the other various places where they
are needed, but never will he back away from his commitments. Like the water facing the waterfall, the CEO
should rush straight into it, knowing full well that once he is inside the
hole, he will come out of it. Always
uses the right amount of resources to overcome the
pit.
4)
Channel danger properly to profit the most from
it. Because danger and opportunity are
the two sides of the same coin, the Superior CEO can actually
profit from a dangerous situation if he knows how to manage it.
The I Ching
says: “As an image it represents
water, the water that comes from above and is in motion on earth in streams and
rivers, giving rise to all life on earth.”
The Superior CEO uses the following key elements in managing danger:
1) Planning. The Superior CEO draws his plans placing
particular attention to those areas where he detects danger and makes them his
top priority. This attitude of facing
danger squarely or being truthful to himself (to your own self be true) as well
as to others will awaken within the CEO’s consciousness the necessary intuition
for success. Every CEO, who in the
planning stages foresees and dominates the theoretically dangerous situations
in all its aspects even before he actually faces them,
has already dominated the real danger.
The Superior CEO will not freeze when managing danger.
2) Motion.
This is perhaps one of the key elements in managing danger because
danger is not a condition where we can overstay. To face danger, the CEO must dominate motion
and speedy action. The CEO, like a good
general (Napoleon) must recognize the superiority of motion/mobility to defeat
any danger.
3) Defense.
To defend the corporation against possible raiders, the Superior CEO
lets his enemies know that the corporation is full of dangers, which only he
and his managerial team alone are capable of dominating. This makes the raiders think twice before
trying to buy it out. The “shark
repellent” and “poison pill” strategies must be implemented.
4) Loyalty.
To generate loyalty from his employees, the Superior CEO makes sure they
know there will always be dangerous situations, which he and his managerial
team can solve.
5) Training and education. Perhaps one of the greatest dangers the CEO
must face is ignorance - lack of knowledge of the workers and managers. A Superior CEO is willing to spend all the
necessary resources to train and educate all the employees. In this way, he creates more value added to
the work of each employee and makes sure that their product will be better than
that of its competitors. This education
effort is not just a passing fad. The
educational effort must be a constant element so that all the employees year
after year continue to receive all kinds of courses. Such courses should not only be directly
related to their own work but to all the areas of the corporation so that
employees’ input will always be greater.
Education, education, always, always, always education.
INVESTMENT ADVICE:
For the investor, the Abysmal (Danger)
Time-Space is not the best of times to invest.
Few CEOs can manage through such difficult conditions.
By itself (no lines) the Hexagram is not
positive.
The Abysmal repeated.
If you are sincere, you have success in
your heart,
And whatever you do succeeds.
Through repetition of danger
we grow accustomed to it. Water sets the
example for the right conduct under such circumstances. It flows on and on, and merely fills up all
the places through which it flows; it does not shrink from any dangerous spot
nor from any plunge, and nothing can make it lose its own essential
nature. It remains true to itself under
all conditions. Thus likewise, if one is
sincere when confronted with difficulties, the heart can penetrate the meaning
of the situation. And once we have
gained inner mastery of a problem, it will come about naturally that the action
we take will succeed. In danger all that
counts is really carrying out all that has to be done
– thoroughness - and going forward, in order not to perish through tarrying in
the danger.
Properly used, danger can have an important
meaning as a protective measure. Thus heaven has its perilous height protecting it against
every attempt at invasion, and earth has its mountains and bodies of water,
separating countries by their dangers. Thus also rulers make use of danger to protect themselves
against attacks from without and against turmoil within.
There are no Good Fortune lines in the
entire Hexagram and therefore no lines that could be considered a
recommendation to invest. This is only
natural given the Abysmal represents an extremely difficult time for the
corporation. Almost all lines point to
the inability of the CEO to manage the Abysmal. In a couple of instances, the
CEO might be able to manage to survive, but survival is not a substitute for
growth.
The following cases are those of
corporations under Abysmal Time-Space:
·
Micron Technology Inc. MU under
CEO Steven R. Appleton
·
Amazon.com Inc. AMZN under CEO
Jeffrey P. Bezos
·
Biogen Idec Inc. BIIB under CEO
George A. Scangos
(Read at end of Hexagram)
THE LINES
SIX IN THE FIRST PLACE
Managerial Issue: The CEO –
managing danger – fails to move in the face danger.
Managerial Lesson: Be in motion.
Managerial
Warning: At the first stage of the Abysmal Time-Space, the CEO and his
corporation face a considerable danger; however, he is so accustomed to seeing
the corporation under dangerous conditions that he has forgotten there are
other more normal conditions. Danger
cannot be a perennial corporate condition.
Unfortunately, he might well be corrupt himself and might have lost his
way (TAO). His reckless behavior will
only produce losses.
Managerial
Advice: The Superior CEO uses motion to bring the corporation back to
equilibrium. He never stays put in the
face of the initial face danger.
Investment Advice: Do not
invest.
NINE IN THE SECOND PLACE
Managerial Issue: The CEO –
managing danger – moving too quickly in the face of danger.
Managerial Lesson: Be methodical.
Managerial
Warning: At the second stage of the Abysmal Time-Space, the CEO and his
corporation face a considerable danger from powerful forces, which oppose its
progress. He might attempt to get out of
danger too fast. He might lack the
discipline necessary to keep the corporation out of danger.
Managerial
Advice: The Superior CEO follows a series of gradual steps when facing
danger. The first step is to be
grateful the corporation survived the danger, and the second is to gradually
overcome the danger on a step-by-step basis.
The Superior CEO realizes that under the threat of danger he can only
hope to attain small gains. His main
objective is to see the corporation survive these dangers. The gradual steps help him maintain the
discipline to keep the corporation out of danger.
Investment Advice: Do not
invest.
SIX IN THE THIRD PLACE
Managerial Issue: The CEO –
managing danger – acting at the wrong time.
Managerial Lesson: Be patient.
Managerial
Warning: At the third stage of the Abysmal Time-Space, the CEO and his
corporation face a very dangerous situation without an apparent way out.
Managerial
Advice: The Superior CEO refrains from action when any action on his part could
only lead to grave errors. He knows
refraining from action is as important as acting when necessary. He is patient and exercises a degree of
self-discipline to refrain from acting.
In this way, the Superior CEO patiently awaits until the way out becomes
evident to him.
Investment Advice: Do not
invest.
SIX IN THE FOURTH PLACE
Managerial Issue: The CEO –
managing danger – planning and prioritizing when facing danger.
Managerial Lesson: Be sincere.
Managerial
Warning: At the fourth stage of the Abysmal Time-Space, the CEO and his
corporation face a considerable danger which requires the utmost sincerity to
differentiate between the superfluous and the really
important. Humility is once again
crucial. Like a desperate man who is
drowning and whose first priority is breathing, the
CEO must order the priorities according to the actual situation, forgetting
completely about the superfluous.
Managerial
Advice: The Superior CEO:
·
Sincerely acknowledges the dangers the corporation
faces, and
·
Establishes a clear set of priorities for dealing
with this danger with the basics or the obvious, with that which is in
everyone’s sight, with what is in the light.
He knows only then will the rest of the priorities come to light.
Investment Advice: Do not
invest.
NINE IN THE FIFTH PLACE
Managerial Issue: The CEO –
managing danger – caused by his excessive ambition.
Managerial Lesson: Be still.
Managerial
Warning: At the fifth stage of the Abysmal Time-Space, the CEO and his
corporation face a dangerous condition; however, even so, he tries to
accomplish great tasks.
Managerial
Advice: The Superior CEO remains quiet and allows the danger to pass. He knows that any interference in this
dangerous condition by trying to do too much, could turn a passing danger
condition into a permanent one. At times
of danger the Superior CEO postpones any grand project/investment.
Investment Advice: Do not
invest.
SIX IN THE SIXTH PLACE
Managerial Issue: The CEO –
managing danger – failing to face danger because of his own corruption and
ignorance.
Managerial Lesson: Be virtuous.
Managerial
Warning: At the sixth stage of the Abysmal Time-Space, the CEO and his
corporation face a situation so dangerous that there is no way out. The cause of this situation is that he not
only missed the opportunity to turn the corporation into a profitable
operation, but now he has locked himself within his own corruption and misery.
Managerial
Advice: The superior CEO:
·
walks in lasting virtue, and
·
carries on the business of teaching.
Investment Advice: Do not
invest.
MANAGERIAL CASES
Micron
Technology Inc. MU under CEO Steven R. Appleton
Steven Appleton’s Performance: ROI= (47.53%) Annualized Return= (14.23%)
SPY performance ROI= (20.14%) Annualized
Return= (5.21%)
Steven Appleton became CEO of Micron
Technology in June 2007. Since then, he
has done much worse than the SPY which is typical of a corporation under the
Abysmal Time-Space. Unfortunately, he
drew lines three and four which are not auspicious for the CEO. In particular, the third line shows he was
not supposed to make any moves during these times of danger Micron Technology
is going through. He was supposed to
wait until a way out would show itself.
Points the investor should consider:
1) THE HEXAGRAM
HEXAGRAM 29 - K'an
- The Abysmal (Water)
This hexagram consists of a doubling of the
trigram K'an.
It is one of the eight hexagrams in which doubling occurs. The trigram K'an
means a plunging in. A yang line has
plunged in between two yin lines and is closed in by them like water in a
ravine. The trigram K'an
is also the middle son. The Receptive
has obtained the middle line of the Creative, and thus K'an
develops. As an image it represents
water, the water that comes from above and is in motion on earth in streams and
rivers, giving rise to all life on earth.
In man's world K'an
represents the heart, the soul locked up within the body, the principle of
light inclosed in the dark - that is, reason. The name of the hexagram, because the trigram
is doubled, has the additional meaning, "repetition of danger." Thus the hexagram
is intended to designate an objective situation to which one must become
accustomed, not a subjective attitude.
For danger due to a subjective attitude means either foolhardiness or
guile. Hence too
a ravine is used to symbolize danger; it is a situation in which a man is in
the same pass as the water in a ravine, and, like the water, he can escape if
he behaves correctly.
THE JUDGMENT
The Abysmal repeated.
If you are sincere, you have success in
your heart,
And whatever you do succeeds.
Through repetition of danger
we grow accustomed to it. Water sets the
example for the right conduct under such circumstances. It flows on and on, and merely fills up all
the places through which it flows; it does not shrink from any dangerous spot
nor from any plunge, and nothing can make it lose its own essential
nature. It remains true to itself under
all conditions. Thus likewise, if one is
sincere when confronted with difficulties, the heart can penetrate the meaning
of the situation. And once we have
gained inner mastery of a problem, it will come about naturally that the action
we take will succeed. In danger all that
counts is really carrying out all that has to be done
– thoroughness - and going forward, in order not to perish through tarrying in
the danger.
Properly used, danger can have an important
meaning as a protective measure. Thus heaven has its perilous height protecting it against
every attempt at invasion, and earth has its mountains and bodies of water,
separating countries by their dangers. Thus also rulers make use of danger to protect themselves
against attacks from without and against turmoil within.
2) THE ADVICE
Water flows on uninterruptedly and reaches
its goal: The image of the Abysmal repeated.
Thus the
superior man walks in lasting virtue
And carries on the business of teaching.
Water reaches its goal by flowing
continually. It fills up every
depression before it flows on. The
superior man follows its example; he is concerned that goodness should be an
established attribute of character rather than an accidental and isolated
occurrence. So likewise in teaching
others everything depends on consistency, for it is only through repetition
that the pupil makes the material his own.
3) THE LINES:
Six in the third place
means:
Forward and backward, abyss on abyss.
In danger like this, pause at first and
wait,
Otherwise you will
fall into a pit in the abyss.
Do not act in this way.
Here every step, forward or backward, leads
into danger. Escape is out of the
question. Therefore
we must not be misled into action, as a result of which we should only bog down
deeper in the danger; disagreeable as it may be to remain in such a situation,
we must wait until a way out shows itself.
Six in the fourth place
means:
A jug of wine, a bowl of rice 1' with it
Earthen vessels
Simply handed in through the window.
There is certainly no blame in this.
In times of danger ceremonious forms are
dropped. What matters most is
sincerity. Although as a rule it is
customary for an official to present certain introductory gifts and recommendations
before he is appointed, here everything is simplified to the utmost. The gifts are insignificant, there is no one
to sponsor him, he introduces himself; yet all this need not be humiliating if
only there is the honest intention of mutual help in danger.
Still another idea is suggested. The window is the place through which light
enters the room. If in difficult times
we want to enlighten someone, we must begin with that which is in itself lucid and proceed quite simply from that point on.
1. The
usual translation, "two bowls of rice," has been corrected on the basis of Chinese commentaries.
4) THE MOVING HEXAGRAM
HEXAGRAM 28 - Ta Kuo - Preponderance of the
Great
This hexagram consists of four strong lines
inside and two weak lines outside. When
the strong are outside and the weak inside, all is well and there is nothing
out of balance, nothing extraordinary in the situation. Here, however, the opposite is the case. The hexagram represents a beam that is thick
and heavy in the middle but too weak at the ends. This is a condition that cannot last; it must
be changed, must pass, or misfortune will result.
THE JUDGMENT
PREPONDERANCE OF THE GREAT.
The ridgepole sags to the breaking
point.
It furthers one to have somewhere to
go.
Success.
The weight of the great is excessive. The load is too heavy for the strength of the
supports. The ridgepole, on which the
whole roof rests, sags to the breaking point, because its supporting ends are
too weak for the load they bear. It is
an exceptional time and situation; therefore
extraordinary measures are demanded. It
is necessary to find a way of transition as quickly as possible, and to take action. This
promises success. For although the
strong element is in excess, it is in the middle, that is, at the center of
gravity, so that a revolution is not to be feared. Nothing is to be achieved by forcible
measures.
The problem must be solved by gentle
penetration to the meaning of the situation (as is suggested by the attribute
of the inner trigram, Sun); then the change-over to other conditions will be
successful. It demands real superiority;
therefore the time when the great preponderates is a
momentous time.
THE IMAGE
The lake rises above the trees: The image
Of PREPONDERANCE OF THE GREAT.
Thus the
superior man, when he stands alone,
Is unconcerned,
And if he has to
renounce the world,
He is undaunted.
Extraordinary times when the great
preponderates are like flood times when the lake rises over the treetops. But such conditions are temporary. The two trigrams indicate the attitude proper
to such exceptional times: the symbol of the trigram Sun is the tree, which
stands firm even though it stands alone, and the attribute of Tui is
joyousness, which remains undaunted even if it must renounce the world.
Amazon.com
Inc. AMZN under CEO Jeffrey P. Bezos
Jeffrey Bezos’s Performance: ROI= 12,718.16% Annualized Return= 40.77%
SPY performance ROI=
36.59% Annualized Return= 2.22%
Jeffrey P. Bezos became CEO of Amazon in
May 1996. Since then, he has
outperformed the SPY many times over proving he has been a Superior CEO
However, because he has been CEO for 16
years, it is necessary to ask the Oracle every 7 or 10 years about his
performance. The Oracle warns Bezos that
in spite of his previous success, Amazon is in danger,
particularly the sixth line which points to misfortune. After all, Amazon has eaten the lunch of many
corporations and industries such as the publishing industry and they are not
going to take it so easily. It is
possible that the tablets will take away the success of the Kindle or that
Apple will sell more eBooks or new disruptive technologies will appear in the
next decade. Whatever the reason, the
Oracle’s warning to Bezos is that Amazon is in the Abyss Time Space.
This is the I Ching’s warning to Jeff Bezos going forward from 2011 on.
Points the investor should consider:
1) THE HEXAGRAM
(Same as Above).
2) THE ADVICE
(Same as Above).
3) THE LINES:
Six in the fourth place
means:
A jug of wine, a bowl of rice 1' with it
Earthen vessels
Simply handed in through the window.
There is certainly no blame in this.
In times of danger ceremonious forms are
dropped. What matters most is
sincerity. Although as a rule it is
customary for an official to present certain introductory gifts and recommendations
before he is appointed, here everything is simplified to the utmost. The gifts are insignificant, there is no one
to sponsor him, he introduces himself; yet all this need not be humiliating if
only there is the honest intention of mutual help in danger.
Still another idea is suggested. The window is the place through which light
enters the room. If in difficult times
we want to enlighten someone, we must begin with that which is in itself lucid and proceed quite simply from that point on.
Six at the top means:
Bound with cords and ropes,
Shut in between thorn-hedged prison walls:
For three years one does not find the way.
Misfortune.
A man who in the extremity of danger has
lost the right way and is irremediably entangled in his sins has no prospect of
escape. He is like a criminal who sits
shackled behind thorn-hedged prison walls.
1. The
usual translation, "two bowls of rice," has been corrected on the basis of Chinese commentaries.
4) THE MOVING HEXAGRAM
HEXAGRAM 06 – Sung - Conflict
The upper trigram, whose image is heaven,
has an upward movement; the lower trigram, water, in accordance with its
nature, tends downward. Thus the two halves move away from each other, giving rise
to the idea of conflict.
The attribute of the Creative is strength
that of the abysmal is danger, guile.
Where cunning has force before it, there is conflict.
A third indication of conflict, in terms of
character, is presented by the combination of deep cunning within and fixed
determination outwardly. A person of
this character will certainly be quarrelsome.
THE JUDGMENT
CONFLICT.
You are sincere
And are being obstructed.
A cautious halt halfway brings good
fortune.
Going through to the end brings misfortune.
It furthers one to see the great man.
It does not further one to cross the great
water.
Conflict develops when one feels himself to
be in the right and runs into opposition.
If one is not convinced of being in the right, opposition leads to
craftiness or high-handed encroachment but not to open conflict.
If a man is entangled in a conflict, his
only salvation lies in being so clear-headed and inwardly strong that he is
always ready to come to terms by meeting the opponent halfway. To carry on the conflict to the bitter end
has evil effects even when one is in the right, because the enmity is then
perpetuated. It is important to see the
great man, that is, an impartial man whose authority is great enough to
terminate the conflict amicably or assure a just decision.
In times of strife, crossing the great
water is to be avoided, that is, dangerous enterprises are not to be begun,
because in order to be successful they require
concerted unity of forces. Conflict
within weakens the power to conquer danger without.
THE IMAGE
Heaven and water go their opposite ways:
The image of Conflict.
Thus in all his
transactions the superior man
Carefully considers the beginning.
The image indicates that the causes of
conflict are latent in the opposing tendencies of the two trigram. Once these opposing tendencies appear,
conflict is inevitable. To avoid it,
therefore, everything must be taken carefully into consideration in the very
beginning. If rights and duties are
exactly defined, or if, in a group, the spiritual trends of the individuals
harmonize, the cause of conflict is removed in advance.
Biogen Idec
Inc. BIIB under CEO George A. Scangos
George Scangos’
Performance: ROI= 85.49% Annualized
Return= 73.33%
SPY performance ROI= 17.38% Annualized
Return= 15.33%
George Scangos
became CEO of Biogen in July of 2010.
Since then, he has done much better that the SPY. However, it is a bit early to evaluate his
performance. What should keep the
investor worried are the two lines which point to Misfortune, particularly the
one in the sixth place.
Points the investor should consider:
1) THE HEXAGRAM
(Same as Above).
2) THE ADVICE
(Same as Above).
3) THE LINES:
Six at the beginning means:
Repetition of the Abysmal.
In the abyss one falls into a pit.
Misfortune.
By growing used to what is dangerous, a man
can easily allow it to become part of him.
He is familiar with it and grows used to evil. With this he has lost the right way, and misfortune
is the natural result.
Six in the fourth place
means:
A jug of wine, a bowl of rice 1' with it
Earthen vessels
Simply handed in through the window.
There is certainly no blame in this.
In times of danger ceremonious forms are
dropped. What matters most is
sincerity. Although as a rule it is
customary for an official to present certain introductory gifts and recommendations
before he is appointed, here everything is simplified to the utmost. The gifts are insignificant, there is no one
to sponsor him, he introduces himself; yet all this need not be humiliating if
only there is the honest intention of mutual help in danger.
Still another idea is suggested. The window is the place through which light
enters the room. If in difficult times
we want to enlighten someone, we must begin with that which is in itself lucid and proceed quite simply from that point on.
Six at the top means:
Bound with cords and ropes,
Shut in between thorn-hedged prison walls:
For three years one does not find the way.
Misfortune.
A man who in the extremity of danger has
lost the right way and is irremediably entangled in his sins has no prospect of
escape. He is like a criminal who sits
shackled behind thorn-hedged prison walls.
4) THE MOVING HEXAGRAM
HEXAGRAM 10 – Lu - Treading (Conduct)
The name of the hexagram means on the one
hand the right way of conducting oneself.
Heaven, the father, is above, and the lake, the youngest daughter, is
below. This shows the difference between
high and low, upon which composure, correct social conduct, depends. On the other hand, the word for the name of
the hexagram, TREADING, 1 means literally treading upon something. The small and cheerful [Tui] treads upon the
large and strong [Ch'ien]. The direction
of movement of the two primary trigrams is upward. The fact that the strong treads on the weak
is not mentioned in the Book of Changes, because it is taken for granted. For the weak to take a stand against the
strong is not dangerous here, because it happens in good humor [Tui] and
without presumption, so that the strong man is not irritated but takes it all
in good part.
THE JUDGMENT
TREADING.
Treading upon the tail of the tiger.
It does not bite the man.
Success.
The situation is really
difficult. That which is
strongest and that which is weakest are close together. The weak follows behind the strong and
worries it. The strong, however,
acquiesces and does not hurt the weak, because the contact is in good humor and
harmless.
In terms of a human situation, one is
handling wild, intractable people. In
such a case one's purpose will be achieved if one behaves with decorum. Pleasant manners succeed even with irritable
people.
THE IMAGE
Heaven above, the lake below: The image Of
TREADING.
Thus the
superior man discriminates between high and low,
And thereby fortifies the thinking of the
people.
Heaven and the lake show a difference of
elevation that inheres in the natures of the two, hence no envy arises. Among mankind also there are necessarily
differences of elevation; it is impossible to bring about universal
equality. But it is important that
differences in social rank should not be arbitrary and unjust, for if this
occurs, envy and class struggle are the inevitable consequences. If, on the other hand, external differences
in rank correspond with differences in inner worth, and if inner worth forms
the criterion of external rank, people acquiesce and order reigns in society.