“By means of water, an enemy may be intercepted, but not robbed of all his belongings.”

Water can block but not strip; know which effect you need and choose the right agent.
Chapter 12 compares its two special agents: by means of water, an enemy may be intercepted, but not robbed of all his belongings. Fire destroys; water diverts. The verse is a treatise on matching means to intended effect — the strategist’s most common mismatch. Many campaigns fail not from weak tools but from water deployed where fire was needed, or fire where any flood would do.
A company needs its rival’s launch delayed — interception. It has, however, only built destruction tools: a superior competing product, a bigger marketing budget. Neither delays anything; the rival ships on schedule into a slightly harder market. The actual water was available all along: a standards-committee timeline, a partner exclusivity renewal, an integration dependency — each capable of diverting the launch by two quarters without destroying a thing.
Choosing between water and fire is not choosing between nice and ruthless — both are attacks, and interception can be more decisive than destruction when the schedule was the enemy’s whole plan. The discipline is effect-first planning: name the change you need in the world (delay, divert, destroy, drain), then select the agent that produces it. Most strategies name their tool first and discover their intent later.