Jumat, 25 Juli 2025

Are You Awake?

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Are You Awake?

Alexander Green, Chief Investment Strategist, The Oxford Club

Alexander Green

A while back, The Oxford Club led an eye-opening, two-week expedition to Southeast Asia, traveling through Laos, Cambodia, and Vietnam. We saw, experienced, and ate an awful lot.

Along the way, we also connected with one of the world's great Eastern philosophies, one that still speaks to millions, regardless of their personal backgrounds or beliefs: Buddhism.

Buddhism, of course, is one of the world's oldest faiths, with roots dating back to India in the sixth century B.C. The life of the Buddha - which means literally "awakened" - is not known in any verifiable detail. But according to tradition, he was an ordinary man named Siddhartha Gautama who attained enlightenment and taught others how they, too, could escape the suffering that is part of every human life.

He contended that happiness and peace of mind elude us because of our attachments and cravings - for status, for luxury, for reputation, for material goods and temporary satisfactions.

He taught that these cravings could be overcome by following the Noble Eightfold Path:

  1. Right understanding
  2. Right thought
  3. Right speech
  4. Right action
  5. Right livelihood
  6. Right effort
  7. Right mindfulness
  8. Right concentration.

In addition to being the predominant religion in Southeast Asia, Buddhism is growing rapidly in the West. Part of this is due to its decidedly ecumenical flavor. When the Dalai Lama visited the Charlottesville, Virginia, area a few years ago, he emphasized that it is unimportant whether you are a Buddhist.

What matters is that you show kindness and compassion.

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This sentiment is at the core of most major religions, of course. Still, it's hard to imagine many other religious leaders saying it isn't important what you believe. Only how you behave.

Buddhism resonates with many in our increasingly secular culture. It makes no speculations about the nature of divinity or the origins of the universe. That's why some refer to it not as a religion or even a philosophy, but rather "a science of the mind."

The sayings of the Buddha tend to appeal to those of any religious faith... or none:

  • Speak or act with an impure mind and trouble will follow you, as the wheel follows the ox that draws the cart.
  • Peace comes from within. Do not seek it without.
  • I do not believe in a fate that falls on men however they act, but I do believe in a fate that falls on them unless they act.
  • A dog is not considered a good dog because he is a good barker. A man is not considered a good man because he is a good talker.
  • However many holy words you read, however many you speak, what good will they do you if you do not act upon them?
  • Thousands of candles can be lighted from a single candle, and the life of the candle will not be shortened. Happiness never decreases by being shared.
  • Just as a solid rock is not shaken by the storm, even so the wise are not affected by praise or blame.
  • Contentment is the greatest wealth.
  • I never see what has been done; I only see what remains to be done.
  • You will not be punished for your anger; you will be punished by your anger.
  • Though one may conquer a thousand times a thousand men in battle, yet he indeed is the noblest victor who conquers himself.
  • There are only two mistakes one can make along the road to truth: not going all the way, and not starting.
  • To understand everything is to forgive everything.
  • Believe nothing, no matter where you read it, or who said it, no matter if I have said it, unless it agrees with your own reason and your own common sense.
  • Your work is to discover your work and then, with all your heart, to give yourself to it.
  • You too shall pass away. Knowing this, how can you quarrel?

Buddhist teachings have influenced millions, not just adherents in the East but many of the greatest thinkers in the West, including transcendentalists Ralph Waldo Emerson and Henry David Thoreau, psychologist William James, and - that old crepehanger himself - German philosopher Arthur Schopenhauer.

The Buddha encouraged followers to develop their perspectives though meditation and empathy. His goal? To wake us from our reverie, make us realize the impermanence of all things and the importance of easing the suffering of others.

His integrity and clarity purportedly had a powerful impact on everyone he met. According to the Pali Canon, which dates to 29 B.C...

When the Buddha began to wander around India shortly after his enlightenment, he encountered several men who recognized him to be a very extraordinary being.

They asked him, "Are you a god?"

"No," he replied.

"Are you a reincarnation of a god?"

"No."

"Are you a wizard, then?"

"No," he said again.

"Well," they asked, "what are you then?"

The Buddha smiled. "I am awake."

Good investing,

Alex

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