Note. The attached article began as an address to the Sydney Realist Group (‘Sydney Realists’), Glebe, New South Wales, Australia, delivered on 7 May 2013. The article was subsequently published in three parts in the journal The Northern Line, No. 15 March 2014 (pp 13-16), No. 16 May 2014 (pp 10-15), and No. 17 July 2014 (pp 9-13). The article interprets some key ideas and teachings of Buddhism in light of the situational realism of the Scottish-Australian philosopher John Anderson.