Evening Bamboo Insight: 25 Jul 2014

Evening Bamboo Insight: 25 Jul 2014

Macro

1. Will A Handwritten Note From Warren Buffett Cause A Hedge Fund Exodus?

http://www.valuewalk.com/2014/07/warren-buffett-calpers

2. The dark, disturbing world of the visa-for-sale program

http://fortune.com/2014/07/24/immigration-eb-5-visa-for-sale/

3. Italy’s Richest Woman With A $10.4B Fortune Controls Menarini Group, Italy’s leading pharma company, But The Tax Man Is After Her

http://www.forbes.com/sites/afontevecchia/2014/07/24/italys-richest-woman-with-a-10-4b-fortune-controls-menarini-group-but-the-tax-man-is-after-her/print/

4. Why does Wall Street use a different kind of macroeconomic modeling than academia’s DSGE?

http://www.bloombergview.com/articles/2014-07-23/wall-street-skips-economics-class

5. Wall Street’s revenge of the nerds means fooling all the people all the time

http://www.theguardian.com/money/us-money-blog/2014/jul/24/wall-street-fooling-people

6. The Moral Chasm Between Israel and Hamas; The 3-mile-long tunnel from Gaza was designed for launching murder and kidnapping raids

http://online.wsj.com/articles/james-t-conway-the-moral-chasm-between-israel-and-hamas-1406243128?mod=Opinion_newsreel_11

7. Siemens: Fixing the German dynamo; Joe Kaeser is transforming Siemens’s structure; changing its culture will be harder

http://www.economist.com.libproxy.smu.edu.sg/news/business/21608637-joe-kaeser-transforming-siemenss-structure-changing-its-culture-will-be-harder-fixing

Asia Pacific

1. (China/Energy) – Inside Xi Jinping’s purge of China’s oil mandarins

http://www.reuters.com/article/2014/07/24/us-china-purge-cnpc-specialreport-idUSKBN0FT2NK20140724

2. (Thai) – Former Thai premier Yingluck meets, hugs brother Thaksin at Paris

http://news.asiaone.com/print/news/asia/former-thai-premier-yingluck-meets-hugs-brother-thaksin-paris

3. (Taiwan) – Taiwan wants to become an international financial center, but its regulators keep undermining that ambition. The latest example is a threatened prosecution of short-seller Glaucus who reported about suspicious accounting at Asia Plastic

http://online.wsj.com/articles/short-changing-taiwans-market-1406219784?mod=WSJ_LatestHeadlines

4. (Macro/China) – Ethiopia Becomes China’s China as Shoe Workers Chant in Mandarin

http://www.thejakartaglobe.com/business/ethiopia-becomes-chinas-china-shoe-workers-chant-mandarin/

5. Super Rich Indians now invest in Equity and Donate more; India’s rich lie in three segments – Inheritors, Entrepreneurs and Professionals

http://forbesindia.com/printcontent/38293

6. Japan’s eel farmers face state regulation to manage new extinction risk

http://www.japantimes.co.jp/news/2014/07/24/business/eel-farmers-face-state-regulation-manage-new-extinction-risk/#.U9HB-_mSxqU

7. Lotte World Adventure theme park has organized the special event, the nighttime multimedia parade and show “Let’s Dream”, in commemoration of its 25th anniversary, which fell on July 12

http://www.koreatimes.co.kr/www/news/culture/2014/07/320_161455.html

8. (Korea) – Experts agree on Choi’s grim outlook; Finance Minister Choi Kyung-hwan voiced concern that the Korean economy may follow in the path of Japan at the start of its so-called stagnant “lost two decades.”

http://www.koreatimes.co.kr/www/news/biz/2014/07/488_161669.html

9. (Korea) – Korea’s pension fund NPS stake in top 500 firms valued at $66bn; Stakes in Samsung and Hyundai Motor groups took up 47% of the total investment, and close to 70% when adding stakes in SK, LG and Lotte groups

http://news.mk.co.kr/english/newsRead.php?sc=30800016&cm=Finance&year=2014&no=1021873&selFlag=sc&relatedcode=&wonNo=&sID=308

10. (Korea) – Too much money held by South Korean large companies has led to an absurd situation in which their request to put the money into banks is often turned down for fear of negative margin

http://news.mk.co.kr/english/newsRead.php?sc=30800016&cm=Finance&year=2014&no=1026292&selFlag=sc&relatedcode=&wonNo=&sID=308

11. (Korea) – Over 70% LTV ratio Korean mortgages total $36 bn, two-thirds come from non-banks

http://news.mk.co.kr/english/newsRead.php?sc=30800016&cm=Finance&year=2014&no=1029073&selFlag=sc&relatedcode=&wonNo=&sID=308

12. (Korea) – South Korea Plans $40 Billion Stimulus to Tackle Weakening Growth

http://koreajoongangdaily.joins.com/news/article/article.aspx?aid=2992534

http://online.wsj.com/articles/south-korea-plans-spending-to-tackle-weakening-growth-1406163844

http://www.reuters.com/article/2014/07/24/us-southkorea-economy-idUSKBN0FT0VH20140724

http://www.bloomberg.com/news/print/2014-07-23/south-korea-growth-slows-more-than-forecast-as-consumption-drops.html

13. (China/HK/Consumer) – McDonald’s takes chicken nuggets off menu in Hong Kong amid food scare

http://www.reuters.com/article/2014/07/25/us-china-food-hongkong-idUSKBN0FU00J20140725

14. (China/India) – India’s Chinese Dream

http://www.project-syndicate.org/print/lee-jong-wha-outlines-how-india-can-replicate-china-s-economic-success

15. (China) – China meat supplier faced claims last year over unethical work practices

http://www.reuters.com/article/2014/07/25/us-china-food-dispute-idUSKBN0FU05Y20140725

16. (Isia/Spore) – Indonesians living in Singapore can soon remit money using cellphones

http://www.straitstimes.com/news/singapore/more-singapore-stories/story/indonesians-living-singapore-can-soon-remit-money-using-

17. (China) – Buyers and Brands Beware in China; The political realities behind the latest tainted food scandal

http://online.wsj.com/articles/buyers-and-brands-beware-in-china-1406220037

18. (China) – Beijing Has Top-Secret View of China’s Employment; the official unemployment rate-4.08% at last measure-is widely seen as useless as it barely budges in good times and bad

http://online.wsj.com/articles/heard-on-the-street-beijing-has-top-secret-view-of-chinas-employment-1406187890

Life

1. The importance of patience and the danger of information overload

http://ftalphaville.ft.com/2014/07/24/1905822/the-importance-of-patience-and-the-danger-of-information-overload/

2. The Highest-Paid Woman in Corporate America Is A CFO

http://www.forbes.com/sites/ruchikatulshyan/2014/07/24/the-highest-paid-woman-in-corporate-america-is-a-cfo/print/

3. How Internal Entrepreneurs Can Deal with Friendly Fire; You, your boss, and your organization can each be in one of four modes: Make It Happen (Make), Help It Happen (Help), Let It Happen (Let) or Keep It from Happening (Keep)

http://blogs.hbr.org/2014/07/how-internal-entrepreneurs-can-deal-with-friendly-fire/

4. Don’t Let Your Head Attack Your Heart

http://blogs.hbr.org/2014/07/dont-let-your-head-attack-your-heart/

5. Choose your parents wisely: There is a large class divide in how Americans raise their children. Rich parents can afford to ease up a bit; poor parents need help

http://www.economist.com/news/united-states/21608779-there-large-class-divide-how-americans-raise-their-children-rich-parents-can

6. Helicopter parents: Relax, your kids will be fine; Middle-class parents should give their children more freedom

http://www.economist.com.libproxy.smu.edu.sg/news/leaders/21608753-middle-class-parents-should-give-their-children-more-freedom-relax-your-kids-will-be-fine

7. 7 Everyday Phrases With Sinister Origins

http://www.businessinsider.sg/gruesome-origins-of-innocent-phrases-2014-7/#.U9Hul_mSxqU

8. 17 Things Successful People Never Say

http://www.businessinsider.sg/what-successful-people-never-say-2014-7/#.U9HuifmSxqU

9. The 12 Best Books The Marine Corps Wants Its Leaders To Read

http://www.businessinsider.sg/commandants-reading-list-2014-7/#.U9HvNvmSxqU

10. 12 Simple Ways To Be More Interesting

http://www.businessinsider.sg/how-to-be-interesting-2014-7/#.U9HvR_mSxqU

TMT

1. New Google Project Seeks to Define Healthy Human; Google has embarked on what may be its most ambitious and difficult science project ever: a quest inside the human body.

http://online.wsj.com/articles/google-to-collect-data-to-define-healthy-human-1406246214

2. How MasterCard became a tech company; Four years after taking the helm, CEO Ajay Banga has turned the payments processor into an innovator. The stock’s response? Priceless

http://fortune.com/2014/07/24/mastercard-tech-company/

3. (Tech/Healthcare) – Can Big Data cure cancer?

http://fortune.com/2014/07/24/can-big-data-cure-cancer/

4. Lessons from Jeff Weiner, LinkedIn’s Networker-in-Chief

http://fortune.com/2014/07/24/linkedins-networker-in-chief/

5. Apple could become “obsolete” in two years because the technology sector is so competitive, according to one hedge fund boss.

http://www.telegraph.co.uk/technology/apple/10989278/Apple-could-be-obsolete-in-two-years.html

6. Facebook is no longer a social network. It’s the world’s most powerful news reader

http://pando.com/2014/07/24/facebook-is-no-longer-a-social-network-its-the-worlds-most-powerful-news-reader/

7. Meal-Delivery Startups Look for Winning Recipe; Plated, Blue Apron Use Data to Focus on the Details; Measuring Demand for Crunchy Tofu

http://online.wsj.com/articles/meal-delivery-startups-look-for-winning-recipe-1406162891?mod=WSJ_hpp_sections_smallbusiness

8. (China/Tech) – Qualcomm’s China Hang-Ups

http://online.wsj.com/articles/heard-on-the-street-qualcomms-china-hang-ups-1406228307

9. Hot Employer Stocks Could End Up Burning Some Young Tech Tycoons; The Lesson of One-Time Highfliers Such as Pets.com Is to Diversify Your Holdings

http://online.wsj.com/articles/hot-employer-stocks-could-end-up-burning-some-young-tech-tycoons-1406217825

10. These Smart Shoes Will Make Sure You Never Get Lost Again

http://www.businessinsider.sg/lechal-smart-shoes-2014-7/

Consumer

1. Ford’s Epic Gamble: The inside story

http://fortune.com/2014/07/24/f-150-fords-epic-gamble/

2. Is T.J. Maxx the best retail store in the land? The off-price chain has built a fantastically loyal following. How have they done it? We got inside the playbook of parent company TJX

http://fortune.com/2014/07/24/t-j-maxx-the-best-retail-store/

3. Loblaw’s fresh approach giving it a big edge in heated grocery battle

http://business.financialpost.com/2014/07/24/loblaws-fresh-approach-giving-it-a-big-edge-in-heated-grocery-battle/

4. How adult diapers became paper-giant Domtar’s future (because they’re also yours)

http://business.financialpost.com/2014/07/24/how-adult-diapers-became-paper-giant-domtars-future-because-theyre-also-yours/

5. A Game of Golf? Not for Many Millennials; A drop in participation rates and disinterest among young people, particularly millennials, have sent both the retail and sporting ends of the business scrambling for a new strategy

http://online.wsj.com/articles/a-game-of-golf-not-for-many-millennials-1406159228

6. Burger King’s 33-Year-Old CEO Is Completely Reshaping The Company

http://www.businessinsider.sg/burger-kings-young-ceo-2014-7/#.U9Ht4_mSxqU

Healthcare

1. (Tech/Healthcare) – Can Big Data cure cancer?

http://fortune.com/2014/07/24/can-big-data-cure-cancer/

2. Beggar-Thy-Neighbor Medicine; A $1,000 pill ignites an ObamaCare war of all against all.

http://online.wsj.com/articles/beggar-thy-neighbor-medicine-1406245356

3. When Hospitals Buy Clinics, Prices Go Up

http://www.businessweek.com/printer/articles/215224-when-hospitals-buy-clinics-prices-go-up

4. Patients’ reviews: DocAdvisor; Patients around the world are starting to give doctors a piece of their mind. The result should be better care

http://www.economist.com/news/international/21608767-patients-around-world-are-starting-give-doctors-piece-their-mind-result

5. Mental illness: Some needles in the haystack; A consortium of researchers has shone a powerful light on schizophrenia

http://www.economist.com/news/science-and-technology/21608314-consortium-researchers-has-shone-powerful-light-schizophrenia-some

6. Clinical trials: The nation is losing its grip on a valuable industry

http://www.economist.com/news/britain/21608775-nation-losing-its-grip-valuable-industry-testing-testing

Investing Process

1. Do value stocks protect in market corrections?

http://www.pzena.com/uploads/documents/Commentary%202Q14.pdf

2. Research – Large shareholders and disclosure strategies: Evidence from IPO lockup expirations

Commodities

1. Bolivia’s Battery Ambitions; The country’s vast salt flats contain half of the global reserves of lithium

http://www.businessweek.com/articles/2014-07-24/bolivias-salt-flats-fuel-lithium-battery-ambitions

Research

1. Securities Lending, Empty Voting and Corporate Governance

http://papers.ssrn.com/sol3/papers.cfm?abstract_id=2443217

 

 

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Increase Revenue or Reduce Expenses: Which Is More Effective

Increase Revenue or Reduce Expenses: Which Is More Effective

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  1. Increase Revenue

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  1. Reduce Expenses

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So there you have it. Increasing revenues and reducing expenses. In order to promote growth and alleviate the pressure to increase profits, every manager or C-Level executive should be focused on these two areas of their business.

 

Credit to Jessica for the article. She can be contacted at info@officelist.com

Morning Bamboo Insight: 25 Jul 2014

Morning Bamboo Insight: 25 Jul 2014

Macro

1. Rethinking Buybacks: To earn a “return” on stock buybacks, you need a more sophisticated message and better execution

http://ww2.cfo.com/capital-markets/2014/07/rethinking-buybacks

2. Uncovering Cash and Insights from Working Capital; Companies that improve the performance of their working capital can generate cash and see benefits far beyond the finance department.

http://ww2.cfo.com/cash-flow/2014/07/uncovering-cash-insights-working-capital

Asia Pacific

1. (Korea) – Lotte’s power transition set in motion; More than 10 affiliates of Lotte Group exchanged part of their shares with each other in a move to streamline their cross-share holding structure ahead of the implementation of a law banning it

http://www.koreatimes.co.kr/www/news/biz/2014/07/123_161586.html

2. (Korea) – The listed units of Korea’s top 10 conglomerates paid less than 1% of their profits as dividends last year

http://www.koreatimes.co.kr/www/news/biz/2014/07/488_161583.html

3. (India) – Biba Apparels: Redefining Ethnic Wear For Indian Women

http://forbesindia.com/printcontent/38262

4. (HK) – Why HK’s ‘donationgate’ is a big deal; The “Donationgate” dogging pan- democrats and their financial backer, Jimmy Lai Chee-ying, bears all the hallmarks of a Rashomon script.

http://www.thestandard.com.hk/news_detail.asp?we_cat=17&art_id=147678&sid=42675105&con_type=1&d_str=20140724&fc=7

http://www.thestandard.com.hk/news_detail.asp?we_cat=17&art_id=147618&sid=42667715&con_type=1&d_str=20140723&fc=7

5. (China) – Daqing oil workers push kids to follow in their footsteps

http://www.wantchinatimes.com/news-subclass-cnt.aspx?id=20140722000026&cid=1501

6. (India) – Milltec Machinery: Spreading Wings With Rice Mill Machines

http://forbesindia.com/printcontent/38266

7. (India) – SH Kelkar & Co: Infusing Fragrance In Lives

http://forbesindia.com/printcontent/38260

8. (India) – Magicrete: Building An Alternative Reality; Sourabh Bansal’s concrete units have the potential to disrupt the traditional construction material market

http://forbesindia.com/printcontent/38252

9. (Myanmar) – Burmese Tycoon Tay Za Under Scrutiny

http://www.forbes.com/sites/forbesasia/2014/07/23/burmese-tycoon-tay-za-under-scrutiny/print/

10. (Spore/HK) – ARA Asset Management’s John Lim See Real Returns With Li Ka-shing

http://www.forbes.com/sites/forbesasia/2014/07/23/john-lim-see-real-returns-with-li-ka-shing/print/

11. PTC Industries: Casting magic with metal; The Agarwals invested in unique technology for their foundry to attract A-list international clients

http://forbesindia.com/printcontent/38258

12. (Spore) – Singapore’s 50 Richest Score Big Gains Amid Buying Binge

http://www.forbes.com/sites/naazneenkarmali/2014/07/23/singapores-50-richest-score-big-gains-amid-buying-binge/print/

13. (Spore) – Singapore’s Goodpack Founder David Lam Awaits Payday from Private Equity Deal

http://www.forbes.com/sites/forbesasia/2014/07/23/david-lam-awaits-payday-from-private-equity-deal/print/

14. (Asia) – Asia’s Best Under A Billion; Discovering Asia-Pac’s ‘Sustainably’ Profitable SMEs

http://www.forbes.com/sites/christinasettimi/2014/07/23/asias-best-under-a-billion/print/

http://www.forbes.com/sites/timferguson/2014/07/23/discovering-asia-pacs-sustainably-profitable-smes/print/

15. (India) – India’s Time For Growth

http://www.forbes.com/sites/richkarlgaard/2014/07/23/indias-time-for-growth/print/

16. (Spore) – Billionaire’s Playground: Singapore Is The Most Expensive City Globally

http://www.forbes.com/sites/ruchikatulshyan/2014/03/04/billionaires-playground-singapore/print/

17. (China) – Food Safety in China Still Faces Big Hurdles

http://www.nytimes.com/2014/07/24/business/international/food-safety-in-china-still-faces-big-hurdles.html?ref=business&_r=0

18. (Korea/Consumer) – Paris Baguette, Korea’s largest bakery chain owned by SPC Group, opened its first store in the heart of the French capital, a move it had long desired during its 26 years of operation

http://koreajoongangdaily.joins.com/news/article/article.aspx?aid=2992455&cloc=joongangdaily|home|newslist2

19. (Korea) – It’s dividend time, Korea; The local business sector and stock market is abuzz over the new finance minister’s hint of a punitive tax on large companies sitting on piles of cash reserves

http://koreajoongangdaily.joins.com/news/article/article.aspx?aid=2992443

20. (China) – Chinese Appliance Giant Haier Decides Its Future Is to Think Small; Haier Group creates large number of micro companies to jump into a range of businesses, from films and finance to manufacturing and delivery

http://english.caixin.com/2014-07-23/100708077.html

21. (China) – Wenzhou’s real estate bringing down an economic heavyweight

http://www.wantchinatimes.com/news-subclass-cnt.aspx?cid=1202&MainCatID=12&id=20140724000054

22. (China) – Chasing China’s high-profile criminals across the world

http://www.wantchinatimes.com/news-subclass-cnt.aspx?id=20140724000070&cid=1103

23. (China) – Expired meat scandal in China seems a systemic problem

http://www.wantchinatimes.com/news-subclass-cnt.aspx?id=20140723000115&cid=1103

http://www.wantchinatimes.com/news-subclass-cnt.aspx?id=20140724000088&cid=1201

24. (China) – Golden toad offends former Chinese president; One of Beijing’s prime summer tourist attractions has become a grotesque embarrassment after someone noticed its resemblance to Jiang Zemin

http://www.telegraph.co.uk/news/worldnews/asia/china/10985560/Golden-toad-offends-former-Chinese-president.html

Life

1. Here’s The Number One Mistake That Kills Startups, According To Ben Horowitz

http://www.businessinsider.sg/ben-horowitz-budget-process-kills-startups-2014-7/#.U9DXAvmSxqU

http://www.bhorowitz.com/how_to_ruin_your_company_with_one_bad_process

2. 21 Quotes From Bill Gates That Take You Inside The Mind Of The World’s Richest Man

http://www.businessinsider.sg/quotes-from-bill-gates-worlds-richest-man-2014-7/#.U9DXA_mSxqU

3. This Mindset Can Prevent You From Succeeding At Work

http://www.businessinsider.sg/this-mindset-could-ruin-your-success-2014-7/#.U9DWyvmSxqU

https://www.linkedin.com/today/post/article/20140721225305-11458886-the-three-words-that-can-ruin-your-career

4. As full-time pastors become a thing of the past, more and more seminary grads are taking on secular jobs to supplement their incomes

http://www.theatlantic.com/business/print/2014/07/higher-calling-lower-wages-the-collapse-of-the-middle-class-clergy/374786/

5. How ‘Moral Licensing’ Ruins Your Diet, Savings, And Long-Term Goals

http://www.businessinsider.sg/moral-licensing-ruins-diets-savings-goals-2014-7/#.U9DW9fmSxqU

6. Meet The 22-Year-Old Student People Are Calling ‘The Italian Mark Zuckerberg’

http://www.businessinsider.sg/italian-mark-zuckerberg-matteo-achilli-2014-7/#.U9DWTPmSxqU

http://www.bbc.com/news/business-28211811?print=true

7. The Promise of 100% and Finding Fortune at the Bottom of the Pyramid

http://forbesindia.com/blog/business-strategy/the-promise-of-100-and-finding-fortune-at-the-bottom-of-the-pyramid/

8. With the Blessing of Bill Gates, “Business Adventures” Becomes an Unlikely Summertime Best Seller

http://bits.blogs.nytimes.com/2014/07/23/the-blessing-of-bill-gates-and-an-unlikely-summertime-best-seller/?ref=business

9. A Motivational Speech From The Greatest Entrepreneur, Muhammad Ali

http://pando.com/2014/07/23/startups-anonymous-a-motivational-speech-from-the-greatest-entrepreneur-muhammad-ali/

10. Tech Leaders Tell Interns What They Wish They Knew At Age 20

http://techcrunch.com/2014/07/23/tech-leaders-tell-interns-what-they-wish-they-knew-at-age-20/

11. The Modernization Of Computer Science Education: enabling students to focus on a particular project to build a skill set applicable to the real-world today

http://techcrunch.com/2014/07/23/modernizing-computer-science-education/

12. People Hate Bankers Because People Are Ignorant

http://www.bloombergview.com/articles/2014-07-16/people-hate-bankers-because-people-are-ignorant

13. The 9-to-5 workday is practically an invitation to ethical lapses. Here’s why. We are more likely to lie and cheat when we are tired

http://www.washingtonpost.com/blogs/wonkblog/wp/2014/07/22/science-were-more-likely-to-lie-and-cheat-when-were-tired/

14. An Idiot’s Guide to Inequality; If you don’t have time for Thomas Piketty’s comprehensive best seller, here’s a quick five-point take on the gap between the rich and poor

http://www.nytimes.com/2014/07/24/opinion/nicholas-kristof-idiots-guide-to-inequality-piketty-capital.html

15. Robert Sutton’s Guide to Excellence; The Stanford professor’s latest research explores the practices that enable companies to scale what they do best

http://www.strategy-business.com/article/00276?gko=b7548&cid=TL20140724&utm_campaign=TL20140724&tid=27782251&pg=all

TMT

1. (Australia/Tech) – Australia’s Seek Takes Online Job Search Abroad (Seek Zhaopin)

http://www.forbes.com/sites/forbesasia/2014/07/23/australias-seek-takes-online-job-search-abroad-see-zhaopin/print/

2. (India/Tech) – KPIT: An Indian Tech Company With An Auto Focus

http://www.forbes.com/sites/anuraghunathan/2014/07/23/a-tech-company-with-an-auto-focus/print/

3. Open Source and the Challenge of Making Money

http://bits.blogs.nytimes.com/2014/07/23/open-source-and-the-challenge-of-making-money/?ref=business

4. (China/Tech) – China set to retain position as top e-commerce market

http://www.wantchinatimes.com/news-subclass-cnt.aspx?id=20140724000111&cid=1202

5. China/Tech) – Xiaomi faces hurdles on path to international expansion

http://www.wantchinatimes.com/news-subclass-cnt.aspx?id=20140723000048&cid=1502

Healthcare

1. Acetaminophen No Better Than Placebo for Back Pain; About two-thirds of adults have lower back pain at some point in their lives, and most are told to take acetaminophen

http://well.blogs.nytimes.com/2014/07/23/acetaminophen-no-better-than-placebo-for-back-pain/?_php=true&_type=blogs&ref=health&_r=0

Energy

1. Let Our Oil and Gas Go: America Should Rescind the Ban on Crude-Oil Exports

http://www.nytimes.com/2014/07/24/opinion/america-should-rescind-the-ban-on-crude-oil-exports.html?ref=opinion

2. Four reasons why US fracking could turn out to be a bubble

http://qz.com/238686/is-there-a-fracking-bubble/

 

Evening Bamboo Insight: 24 Jul 2014

Evening Bamboo Insight: 24 Jul 2014

Macro

1. How Dashboards Can Help CFOs Manage Risk; Dashboards, listening posts and other risk-sensing tools can help finance chiefs grasp how stakeholders perceive the strategic risks their companies assume

http://ww2.cfo.com/risk-management/2014/07/dashboards-can-help-cfos-manage-risk

2. Why the Wolf of Wall Street’s ‘Sucker List’ Won’t Be Released to ‘Inside Edition’; Financial criminals go to great lengths to hunt down and size up their prey, but to the con man, nothing can top the “sucker list” of people

http://dealbook.nytimes.com/2014/07/23/once-bitten-twice-shy-except-when-it-comes-to-fraud/

3. Calpers Pulls Back From Hedge Funds; California Pension Fund to Cut Investments by 40%

http://online.wsj.com/articles/calpers-pulls-back-from-hedge-funds-1406156915

4. The Lingering, Hidden Costs of the Bank Bailout; Why is growth so anemic? New economic activity has been discouraged. Here are some ways to change that

http://online.wsj.com/articles/vernon-l-smith-the-lingering-hidden-costs-of-the-bank-bailout-1406160075

5. The U.S. airline industry’s newfound health is breeding something not seen in years: a flock of startups. All share an optimism that they can defy the odds in an industry that has seen 77 bankruptcies in the 20 years

http://online.wsj.com/articles/new-startup-airlines-crowd-the-skies-1406143697

6. North Korea’s business guides; Pyongyang is enlisting tutors in the techniques of modern management

http://www.ft.com/intl/cms/s/0/9a6c1ee2-1192-11e4-a17a-00144feabdc0.html#axzz38MavqFEj

7. The spin-offs that followed Air Canada’s bankruptcy; Strategy created value but stripped airline of an economic engine

http://www.ft.com/intl/cms/s/0/7f494142-dc60-11e3-9016-00144feabdc0.html#axzz38MavqFEj

8. Bricks come loose from StanChart tower amid whispering campaign; Investors and insiders point to bank struggling to adapt

http://www.ft.com/intl/cms/s/0/2cf8b910-1278-11e4-a581-00144feabdc0.html#slide0

9. Pepsi to Nescafe Boycotted by Mumbai Muslims for Being ‘Israeli’; “For us, Coke and Pepsi is human blood. They are financing the war against Palestine.”

http://www.thejakartaglobe.com/international/pepsi-nescafe-boycotted-mumbai-muslims-israeli/

Asia Pacific

1. (China) – Young workers dying in their sleep in ‘world’s factory’ in Dongguan, China

http://news.asiaone.com/print/news/asia/young-workers-dying-their-sleep-worlds-factory

2. (China) – ‘Family corruption a new trend in Guangzhou’

http://news.asiaone.com/print/news/asia/family-corruption-new-trend-guangzhou

3. (China) – As credit dries up, troubled Chinese steel makers lose lifeline

http://www.reuters.com/article/2014/07/23/us-china-steel-idUSKBN0FR2FK20140723

4. (China) – McDonald’s CEO: ‘deceived’ by audit of China meat plant

http://www.reuters.com/article/2014/07/22/us-china-food-mcdonalds-idUSKBN0FR20I20140722

5. (China) – Homeowners abandon properties as prices plunge in Wenzhou

http://www.wantchinatimes.com/news-subclass-cnt.aspx?id=20140723000015&cid=1202

6. Long-derided Docklands acknowledged as economic powerhouse; For more than a decade Melbourne has derided Docklands as a failed planning experiment

http://www.theage.com.au/victoria/longderided-docklands-acknowledged-as-economic-powerhouse-20140722-zvsye.html

7. (Australia) – Aussie supermarket giant Woolworths has been forced to stop using the word ”banking” in the marketing of its financial services after it fell foul of regulators

http://www.theage.com.au/business/banking-and-finance/woolworths-reminded-it-isnt-a-bank-20140723-zw4jw.html

8. (China) – China Seals Off Yumen City After Outbreak Of Bubonic Plague

http://www.zerohedge.com/news/2014-07-23/china-seals-yumen-city-after-outbreak-bubonic-plague

9. (Myanmar) – Has the ‘Frontier’ Economy’s Time Finally Arrived?

http://knowledge.wharton.upenn.edu/article/rushing-myanmar-will-foreign-investments-pay/

10. (Vietnam) – Starbucks seeks to expand in cafe-clogged Vietnam

http://www.reuters.com/article/2014/07/23/us-vietnam-starbucks-idUSKBN0FS13B20140723

11. (China) – Beijing’s Real Anticorruption Goal; Xi Jinping can’t eradicate graft, but he can try to avoid an uproar over SOE reform

http://online.wsj.com/articles/joseph-sternberg-beijings-real-anticorruption-goal-1406134106

12. (India) – India to Use ETFs to Sell State Shares Again

http://online.wsj.com/articles/india-to-use-etf-to-sell-state-shares-again-1406099705?tesla=y&mod=WSJASIA_hpp_sections_india&mg=reno64-wsj&url=http://online.wsj.com/article/SB10001424052702304297104580046633749801628.html?mod=WSJASIA_hpp_sections_india

13. (India/Macro) – Revealed: The India-Israel Axis; A burgeoning strategic partnership with Israel matters more to India than reflexive solidarity with the Palestinian cause

http://online.wsj.com/articles/revealed-the-india-israel-axis-1406133666?mod=asia_opinion

14. (India) – Western anti-capitalists take too much for granted: India’s ‘untouchables’ are being emancipated by economic growth

http://www.ft.com/intl/cms/s/0/7db7d974-1252-11e4-93a5-00144feabdc0.html#axzz38MZmptYb

15. (China) – Why China’s hunt for tigers and flies is bound to fail

http://www.ft.com/intl/cms/s/0/c8cbf1dc-11c8-11e4-8279-00144feabdc0.html

16. (Isia) – Teatime with an Indonesian sultan: After decades of slumber, local sultanates and kingdoms are being kissed back to life by political decentralization

http://www.ft.com/intl/cms/s/2/8690e162-0861-11e4-9afc-00144feab7de.html#axzz38MavqFEj

17. China’s second-half rally becomes an annual event

http://www.ft.com/cms/s/0/2615bc7a-123b-11e4-93a5-00144feabdc0.html#axzz38MdIMcJN

18. (HK) – Swatch warns over uncertain Hong Kong outlook

http://www.ft.com/intl/cms/s/0/36769a40-118b-11e4-b356-00144feabdc0.html#axzz38Mpz1X00

19. (Isia) – Prabowo Calls on World Leaders to ‘Withhold Congratulatory Statements’ to Jokowi

http://www.thejakartaglobe.com/news/prabowo-calls-world-leaders-withhold-congratulatory-statements-jokowi/

20. (Isia) – Jokowi Promises to Make Life Easier for Investors; Jokowi’s humble “I’m just like the rest of you” style has made him the country’s most popular politician and it is an image he is careful not to lose

http://www.thejakartaglobe.com/news/jokowi-promises-make-life-easier-investors/

Life

1. Tips on Crafting a Popular Newsletter, from Top Newsletter Authors

http://www.fastcompany.com/3033338/most-creative-people/tips-on-crafting-a-popular-newsletter-from-top-newsletter-authors

2. No One Should Have to Choose Between Caregiving and Work

http://blogs.hbr.org/2014/07/no-one-should-have-to-choose-between-caregiving-and-work/

3. How Google’s Larry Page became a responsible entrepreneur; Four early influences helped shape the Google CEO’s world view and turn him into a change agent

http://www.theguardian.com/sustainable-business/2014/jul/23/entrepreneur-larry-page-google-innovation-change

4. Dogs do experience jealousy, according to a new study. And their motivations might teach us about our own

http://www.washingtonpost.com/news/to-your-health/wp/2014/07/23/to-understand-how-jealousy-works-take-a-look-at-your-dog/

5. PBS Interview with Peter Lynch; Lynch ran Fidelity’s Magellan Fund for thirteen years (1977-1990). In that period, Magellan was up over 2700%. He retired in 1990 at the age of 46

http://www.pbs.org/wgbh/pages/frontline/shows/betting/pros/lynch.html

6. MagicJack Founder Dies Of Sudden Heart Attack

http://www.valuewalk.com/2014/07/magicjack-dan-borislow

7. Zoo makes wild fashion statement with lion-ripped jeans

http://www.japantimes.co.jp/news/2014/07/23/national/zoo-makes-wild-fashion-statement-lion-ripped-jeans/#.U9C9qvmSxqU

http://www.youtube.com/watch?v=oBkqfiN6zJM

8. Behind every great entrepreneur is an even greater PA

http://www.telegraph.co.uk/finance/comment/michael-hayman/10986508/Behind-every-great-entrepreneur-is-an-even-greater-PA.html

9. The Most Powerful F Word In Leadership

http://www.forbes.com/sites/maseenaziegler/2014/07/22/the-most-powerful-f-word-in-leadership/print/

TMT

1. It’s not TV that Rupert Murdoch wants: It’s HBO

http://qz.com/235746/its-not-tv-that-rupert-murdoch-wants-its-hbo/

2. It’s Time to Split Up Microsoft

http://stratechery.com/2014/making-sense-microsoft/

3. It’s Worth What!? Pressure-testing Companies with Sky-high Valuations

http://knowledge.wharton.upenn.edu/article/worth-pressure-testing-companies-eye-popping-valuations/

4. Will Consumers Be Sold on an eBay-Sotheby’s Collaboration?

http://knowledge.wharton.upenn.edu/article/will-consumers-sold-ebay-sothebys-collaboration/

5. (Tech/China) – Qualcomm struggles to collect royalties in China

http://www.reuters.com/article/2014/07/23/us-qualcomm-results-idUSKBN0FS27N20140723

6. (Asia/Tech) – Apple iPhone Rollout Boosts Asia’s Component Makers; Apple Suppliers in Japan, Taiwan and South Korea Raise Forecasts Ahead of Expected New iPhone Launch

http://online.wsj.com/articles/apple-iphone-rollout-boosts-asias-component-makers-1406123257

7. (Healthcare/Tech) – Surgical Robot Fails to Show Advantages in Treating Bladder Cancer; Study Compares Intuitive Surgical’s da Vinci Device to Traditional Surgery

http://online.wsj.com/articles/surgical-robot-fails-to-show-advantages-1406149383

8. (Media/Tech) – Murdoch’s bid for Time Warner threatens the golden age of television; The fact that once-dominant cable companies face new online and digital competition is good

http://www.ft.com/intl/cms/s/0/c09ec8ea-11c8-11e4-8279-00144feabdc0.html#axzz38MZmptYb

9. (Japan/Tech) – Sega vs Nintendo: a review of Console Wars by Blake J Harris; A 1990s battle that could offer lessons for today’s smartphone makers

http://www.ft.com/intl/cms/s/0/4833f4bc-1190-11e4-a17a-00144feabdc0.html#axzz38MavqFEj

10. Content marketing: turn website visits into sales through the medium of video

http://www.theguardian.com/small-business-network/2014/jul/24/content-marketing-video-website-sales

Books

1. Bill Gates and Warren Buffett’s favorite book: Business Adventures 12 Tales from the World of Wall St (Full Book)

http://cdn1.valuewalk.com/wp-content/uploads/2014/07/Business-Adventures_-Twelve-John-Brooks-1.pdf

Consumer

1. Volatile Brew: Price-Matching and Social Media; A Dollar General Discount Spurs Backlash at Wal-Mart and Target

http://online.wsj.com/articles/discount-stores-combat-social-media-backlash-1406135415?mod=WSJ_hpp_MIDDLENexttoWhatsNewsThird

Healthcare

1. (Healthcare/Tech) – Surgical Robot Fails to Show Advantages in Treating Bladder Cancer; Study Compares Intuitive Surgical’s da Vinci Device to Traditional Surgery

http://online.wsj.com/articles/surgical-robot-fails-to-show-advantages-1406149383

2. Hepatitis C Pill Rockets Gilead Into Big Leagues; Biotech’s Promising Treatment Continues Its Historic Drug Launch

http://online.wsj.com/articles/gilead-sciences-reports-strong-sovaldi-sales-1406146546

Investing Process

1. Importance of ROIC: Compounders and Cheap Stocks

http://basehitinvesting.com/importance-of-roic-part-1-compounders-and-cheap-stocks/

http://basehitinvesting.com/importance-of-roic-part-2-compounders-and-cheap-stocks/

http://basehitinvesting.com/importance-of-roic-part-3-compounding-and-reinvestment/

2. How Companies in Emerging Markets Are Winning at Home

https://www.bcgperspectives.com/content/articles/globalization_consumer_products_2014_bcg_local_dynamos_how_companies_emerging_markets_winning_home

https://www.bcgperspectives.com/Images/How_Companies_in_Emerging_Markets_are_Winning_at_Home_Jul_2014.pdf

3. Long-term returns boosted by illiquidity: The less liquid a stock, the better it will perform over time

http://www.ft.com/intl/cms/s/0/3c62469c-11af-11e4-b356-00144feabdc0.html

4. The Evolution of Value Investing: Past, Present and Beyond

http://www.fordhamgabellicenter.org/wp-content/uploads/2013/06/Calandro-Evolution-of-Value-Investing-MOAF.pdf

Energy

1. Oil traders hearing contango music again. Not loud yet

http://uk.reuters.com/article/2014/07/22/contango-oilstocks-idUKL6N0PR30U20140722

Morning Bamboo Insight: 24 Jul 2014

Morning Bamboo Insight: 24 Jul 2014

Macro

1. Countries can thrive without creating tech billionaires

http://www.ft.com/intl/cms/s/0/82122018-0e62-11e4-a1ae-00144feabdc0.html#axzz38G7rspZt

2. Middle age catches up with StanChart

http://www.ft.com/cms/s/0/c9dd6912-1104-11e4-94f3-00144feabdc0.html#axzz38GR1yF9f

3. Seeking to ease threats, SEC is poised to end $1 a share for some riskier money-market funds

http://www.foxbusiness.com/markets/2014/07/23/seeking-to-ease-threats-sec-is-poised-to-end-1-share-for-some-riskier-money/

Asia Pacific

1. (Korea) – Depressed Koreans, encouraged by the increasingly stifling atmosphere of Korean society, in which competition is intensifying, the crime rate is rising and the traditional family structure is collapsing

http://news.asiaone.com/print/news/asia/depressed-koreans

2. (Isia) – Jokowi: From bamboo shack to the presidential palace

http://news.asiaone.com/print/news/asia/jokowi-bamboo-shack-presidential-palace

3. (Korea) – Samsung’s First Family Struggles to Keep Grip on Company; “It was the cross shareholding structure that made it all possible for Chairman Lee and his family to control Samsung with a tiny stake,”

http://www.bloomberg.com/news/print/2014-07-22/inside-the-lee-family-s-struggle-to-keep-grip-on-samsung.html

4. (Korea) – South Korea Invites Foreigners to “Imagine Your Korea”, the spearhead for the country’s attempts to bring in 20 million tourists to the country – almost double the 12 million foreign visitors came in 2013

http://blogs.wsj.com/korearealtime/2014/07/22/south-korea-invites-foreigners-to-imagine-your-korea/

5. (China) – Luxury-Car Makers Attract Scrutiny in China; Economic-Planning Agency Speaks With Manufacturers About Consumer Complaints

http://online.wsj.com/articles/mercedes-picks-up-the-pace-in-china-1406012109

6. (Isia) – Living Dangerously in Indonesia; An election dispute risks becoming an assault on democracy

http://online.wsj.com/articles/living-dangerously-in-indonesia-1406047894

7. (Msia) – Vun, 6 others charged with rigging in Malaysia’s DVM Tech shares

http://www.thestar.com.my/Business/Business-News/2014/07/23/Seven-said-to-have-created-false-market-in-trading-of-DVM-Technology-shares/

8. (Japan) – Japan’s convenience store giants leave smaller rivals in dust

http://www.japantimes.co.jp/news/2014/07/22/business/corporate-business/convenience-store-giants-leave-smaller-rivals-dust/#.U88ggPmSxqU

9. (India/Healthcare) – Strand Life Sciences: Bringing Genetic Tests To The Average Customer

http://forbesindia.com/printcontent/38240

10. (India/Tech/Healthcare) – CitiusTech: Pioneers Of Health care Analytics

http://forbesindia.com/printcontent/38250

11. Hong Kong-Shanghai equities ‘through-train’ on track

http://www.ft.com/intl/cms/s/0/93579c80-113d-11e4-b116-00144feabdc0.html#axzz38G7rspZt

12. (Japan/Tech) – Wacom Launches Bamboo Paper On Android, Windows 8 And Kindle Fire

http://techcrunch.com/2014/07/22/wacom-launches-bamboo-paper-on-android-windows-8-and-kindle-fire/

13. (Isia) – A Child of the Slum Rises as President of Indonesia

http://www.nytimes.com/2014/07/23/world/asia/joko-widodo-populist-governor-is-named-winner-in-indonesian-election.html

14. (Japan) – Japan readies fuel cell subsidies in bet on Toyota’s next big thing

http://www.reuters.com/article/2014/07/23/us-japan-autos-fuelcells-idUSKBN0FS19420140723

15. (Isia) – Prabowo’s intransigence leads to self-humiliation

http://news.asiaone.com/print/news/asia/prabowos-intransigence-leads-self-humiliation

16. (Korea) – High-income earners with post-secondary education degrees in South Korea feel less obligated to support their parents, a study conducted by Yonsei University found

http://news.asiaone.com/print/news/asia/high-income-earners-less-obligated-support-parents

17. (Thai) – Thailand mulls end of free medical services for most 49 million Thais

http://news.asiaone.com/print/news/asia/thailand-mulls-end-free-medical-services-most

Life

1. “Authenticity Is As Rare As A Unicorn In Today’s Politically-Motivated Markets”

http://www.zerohedge.com/news/2014-07-22/authenticity-rare-unicorn-todays-politically-motivated-markets

2. The Top 100 Financial History Books As Voted By The Museum Of Finance

http://www.valuewalk.com/2014/07/financial-history-books

3. Tuning In: Improving Your Listening Skills; How to Get the Most Out of a Conversation

http://online.wsj.com/articles/tuning-in-how-to-listen-better-1406070727?mod=WSJ_hpp_MIDDLE_Video_Top

4. Expressing Your Vulnerability Makes You Stronger

http://blogs.hbr.org/2014/07/expressing-your-vulnerability-makes-you-stronger/

5. No-Excuse Leadership Lessons from a Marines Captain

http://www.forbes.com/sites/work-in-progress/2014/07/22/no-excuse-leadership-lessons-from-a-marines-captain/print/

6. Intent is important to bring about change

http://forbesindia.com/blog/accidental-investor/intent-is-important-to-bring-about-change/

7. When the time comes to fire the founder; As a company grows, its very success often exposes the founder’s lack of managerial skills

http://www.ft.com/intl/cms/s/0/51195410-10ea-11e4-b116-00144feabdc0.html#axzz38G7rspZt

8. SEEK’s Andrew Bassat takes aim at ‘gutless’ CEOs

http://www.brw.com.au/p/leadership/seek_andrew_bassat_takes_aim_at_genIxlZlbCwDj3tnYJsHnI

9. Why Chasing ‘Extrinsic Goals’ Can Wreck Your Happiness

http://www.businessinsider.sg/extrinsic-goals-are-an-obstacle-to-happiness-2014-7/#.U89FF_mSxqU

TMT

1.

 

Consumer

1. As Cereal Slips, a New Battle Over Breakfast Dollars; Kellogg Gets Squeezed by McDonald’s, Taco Bell as Tastes Shift to High-Protein Foods

http://online.wsj.com/articles/as-cereal-slips-a-new-battle-over-breakfast-dollars-1406053467?mod=WSJ_hp_Asia_EditorsPicks

2. Craving fresh over fake: How the growing trend is making waves in packaged foods

http://business.financialpost.com/2014/07/22/craving-fresh-over-fake-how-the-growing-trend-is-making-waves-in-packaged-foods/

Healthcare

  1. (India/Healthcare) – Strand Life Sciences: Bringing Genetic Tests To The Average Customer

http://forbesindia.com/printcontent/38240

2. (India/Tech/Healthcare) – CitiusTech: Pioneers Of Health care Analytics

http://forbesindia.com/printcontent/38250

3. A Dearth in Innovation for Key Drugs

http://www.nytimes.com/2014/07/23/business/a-dearth-of-investment-in-much-needed-drugs.html?ref=business

4. Apps have wide role in disease management

http://www.ft.com/intl/cms/s/0/5923518c-0b5f-11e4-9e55-00144feabdc0.html#axzz38G7rspZt

5. Mojang: smash-hit ‘Minecraft’ maker; The Swedish start-up behind the low-tech graphics game

http://www.ft.com/intl/cms/s/2/0283b57c-10ca-11e4-b116-00144feabdc0.html#axzz38G7rspZt

6. Amazon is building the retail world’s most unbreachable “moat”-and it’s called Prime

http://qz.com/237933/amazon-is-building-the-retail-worlds-most-unbreachable-moat-and-its-called-prime/

Investing Process

1. The Fine Art Of Picking Hidden Gems in India

http://forbesindia.com/printcontent/38244

Evening Bamboo Insight: 23 Jul 2014

Evening Bamboo Insight: 23 Jul 2014

Macro

1. Investors to Directors, ‘Can We Talk?’ Boards have long shunned speaking with investors for several reasons, including concern about accidentally disclosing sensitive information

http://dealbook.nytimes.com/2014/07/21/investors-to-directors-can-we-talk/?ref=business

2. Cash Crops With Dividends: Financiers Transforming Strawberries Into Securities; With its steady income stream, farmland is proving to be a ripe offering for sophisticated investors

http://dealbook.nytimes.com/2014/07/21/cash-crops-with-dividends-financiers-transforming-strawberries-into-securities/?ref=business

3. How Low Can Volatility Go? Why Tranquility Keeps Traders Awake at Night

http://www.institutionalinvestor.com/Popups/PrintArticle.aspx?ArticleID=3363708

4. “Hide No Harm” Bill Goes After Top Executives; Could new legislation help law enforcement successfully prosecute a company’s highest executives for corporate misdeeds?

http://ww2.cfo.com/fraud/2014/07/hide-harm-bill-goes-top-executives

5. FASB Mulling a Revamped Income Statement

http://ww2.cfo.com/gaap-ifrs/2014/07/fasb-mulling-revamped-income-statement

Asia Pacific

1. Empowering elderly people key to Japan’s growth: ADB think tank chief

http://www.japantimes.co.jp/news/2014/07/21/business/economy-business/empowering-elderly-people-key-to-japans-growth-adb-think-tank-chief/#.U84Mw_mSxqU

2. (China) – More autonomy for China’s top graft watchdog: Duowei

http://www.wantchinatimes.com/news-subclass-cnt.aspx?id=20140722000079&cid=1101

3. (HK) – Next Media/Apple Daily and former Giordano boss and China pariah Jimmy Lai Chee-ying has close links with Burma’s political and military leaders, hobnobbing with its president during a June 2013 trip with a former US defense secretary

http://www.thestandard.com.hk/news_detail.asp?pp_cat=30&art_id=147610&sid=42661669&con_type=3

4. (HK) – Beleaguered MTR Corp chief executive Jay Walder will step down a year before his contract expires – over the two-year delay of the high- speed rail link to Guangzhou. MTRC risked ‘indigestion’ with five projects at once

http://www.thestandard.com.hk/news_detail.asp?we_cat=4&art_id=147559&sid=42655779&con_type=1&d_str=20140721&fc=1

http://www.thestandard.com.hk/news_detail.asp?we_cat=11&art_id=147425&sid=42633001&con_type=3&d_str=20140717&fc=7

5. (HK/China) – Shares of China Packaging Group (0572) plunged 39 percent after the company was informed that its major shareholder, Able Success Asia, would no longer be able to exercise its voting right

http://www.thestandard.com.hk/news_detail.asp?we_cat=2&art_id=147506&sid=42641304&con_type=1&d_str=20140718&fc=8

6. (India) – Sanitation in India: The final frontier; Fixing dreadful sanitation in India requires not just building lavatories but also changing habits

http://www.economist.com/news/asia/21607837-fixing-dreadful-sanitation-india-requires-not-just-building-lavatories-also-changing#sthash.r0fjEZLT.dpbs

7. (India) – India to investigate corruption in healthcare after TV sting operation

http://www.reuters.com/article/2014/07/22/us-india-corruption-idUSKBN0FR0KP20140722

8. (China/Tech) – China has more people going online with a mobile device than a PC

http://www.reuters.com/article/2014/07/21/us-china-internet-idUSKBN0FQ0UL20140721

9. (Isia) – Battered by election, Indonesia’s new president faces party clash

http://www.reuters.com/article/2014/07/22/us-indonesia-election-party-insight-idUSKBN0FR2EU20140722

10. (China) – China’s secretive military cracks open door for glimpse inside

http://www.reuters.com/article/2014/07/22/us-china-defence-idUSKBN0FR0KH20140722

11. (Japan) – Once again, Japan’s baby boomers are asking: What am I?

http://news.asiaone.com/print/news/asia/once-again-japans-baby-boomers-are-asking-what-am-i

12. (India) – Modi’s Ganges clean-up plan may sink amid tough challenge

http://news.asiaone.com/print/news/asia/modis-ganges-clean-plan-may-sink-amid-tough-challenge

Life

1. In an emotional farewell email to colleagues, co-founder Wayne Hsieh criticized Asus’s management style, saying the company’s leaders do not use people based on their abilities but on their personal relationships with them

http://www.wantchinatimes.com/news-subclass-cnt.aspx?id=20140721000124&cid=1602

2. Successful R&D management

http://koreajoongangdaily.joins.com/news/article/article.aspx?aid=2992342

3. Hello Kitty designer defends cat as brand turns 40

http://www.chinapost.com.tw/print/412623.htm

4. Australian invents ‘world’s smallest washing machine’; Australian inventor hopes his ‘travel size washing machine’ will help revolutionise the camping and trekking industry

http://www.theage.com.au/small-business/entrepreneur/australian-invents-worlds-smallest-washing-machine-20140702-3b8qv.html

5. In new comics, paintings and popular books, depictions of Hindu deities are being reimagined

http://online.wsj.com/articles/in-india-hindu-gods-get-a-muscular-makeover-1405996202

6. Why Power in the Workplace Makes People Feel They Control Time; Positions of Authority Create a Sense of Control Over the Clock, Studies Find

http://online.wsj.com/articles/why-power-and-status-in-the-workplace-make-people-feel-they-control-time-1405984403?mod=WSJ_hp_Asia_EditorsPicks

7. In the late 1800s, William Lever was looking at the slums in London and his mission statement is to make cleanliness commonplace. He believed that the humble bar of soap could have a major social impact by being a force for good

http://blogs.hbr.org/2014/07/reinventing-the-chief-marketing-officer-an-interview-with-unilever-cmo-keith-weed/

8. Hointer: How a mathematician got micro-robots to sell you jeans

http://www.theage.com.au/business/retail/hointer-how-a-mathematician-got-microrobots-to-sell-you-jeans-20140722-zvqel.html

9. Why the human resources department must go

http://www.brw.com.au/p/leadership/why_the_human_resources_department_QN8cMWKajxMWn0yNHhyaQK

10. Rob Arnott turned the world of passive index investing upside down; Funds running Arnott’s models manage almost $200 billion dollars

http://www.bloombergview.com/articles/2014-07-21/masters-in-business-rob-arnott

11. 7 Ways You Can Easily Increase Your Willpower

http://www.bakadesuyo.com/2014/07/willpower/

12. 9 Tricks For Waking Up Earlier

http://www.businessinsider.sg/how-to-wake-up-earlier-2014-7/#.U84VtvmSxqU

13. Does Your Company Keep Its Promises? Despite best intentions, many businesses struggle with “commitment drift.”

http://www.strategy-business.com/article/00267?tid=27782251&pg=all

14. How to Re-Discover Your Motivation

http://www.fastcompany.com/3033268/hit-the-ground-running/how-to-re-discover-your-motivation

15. Why You Lead Determines How Well You Lead

http://blogs.hbr.org/2014/07/why-you-lead-determines-how-well-you-lead/

16. Engagement the only way to transcend fear

http://www.todayonline.com/print/707476

17. Do-It-Yourself Leadership Training in China

http://sloanreview.mit.edu/article/do-it-yourself-leadership-training-in-china

TMT

1. Finland cashes in on cold by luring data storage firms

http://www.chinapost.com.tw/print/412852.htm

2. (Tech/Media) – Netflix, Growing, Envisions Expansion Abroad

http://www.nytimes.com/2014/07/22/business/media/netflix-says-it-topped-50-million-subscribers.html?ref=business&_r=0

3. Using The Computer to Predict Tech Startup Success; Correlation Ventures trusts only a computer to figure out which tech startups to bet on next. So far it appears to be working

http://forbesindia.com/printcontent/38248

4. (China/Tech) – Alibaba Says It Relies on Markets, Not Connections, To Drive Its Business

http://dealbook.nytimes.com/2014/07/21/alibaba-says-it-relies-on-markets-not-connections

5. Corporate computing: Big Blue Apple; A novel alliance may reshape mobile computing for companies

http://www.economist.com/news/business/21607858-novel-alliance-may-reshape-mobile-computing-companies-big-blue-apple

6. Little things that mean a lot: Businesses should aim for lots of small wins from “big data”, that add up to something big

http://www.economist.com/news/business/21607816-businesses-should-aim-lots-small-wins-big-data-add-up-something-big-little

Consumer

1. Fashion: A better business model; Inditex has become the world’s largest fashion retailer. But how long can its dizzying expansion last?

http://www.ft.com/intl/cms/s/2/a7008958-f2f3-11e3-a3f8-00144feabdc0.html#slide0

Healthcare

1. Probiotics might help lower blood pressure

http://www.reuters.com/article/2014/07/21/us-probiotics-blood-pressure-idUSKBN0FQ20M20140721

2. Probiotic Logic vs. Gut Feelings; Like all over-the-counter dietary supplements, probiotics undergo no premarket screening for safety, effectiveness or even truth in packaging

http://well.blogs.nytimes.com/2014/07/21/probiotic-logic-vs-gut-feelings/?ref=health

3. Low-cost fertility treatment: In vitro fertilisation, once seen as miraculous, is now mainstream in rich countries. Soon it may be cheap enough to help infertile people in poor places, too

http://www.economist.com/news/international/21607881-vitro-fertilisation-once-seen-miraculous-now-mainstream-rich-countries-soon#sthash.Xs0WKqIX.dpbs

4. Tests for Alzheimer’s are improving. Treatment is still some way off

http://www.economist.com/news/science-and-technology/21607761-tests-alzheimers-are-improving-treatment-still-some-way-recherche-du

5. A new home for orphans: Shire’s focus on rare-disease treatments may prove a long-term advantage

http://www.economist.com/news/business/21607859-shires-focus-rare-disease-treatments-may-prove-long-term-advantage-new-home-orphans

Investing Process

1. Research – Agency Theory in Practice: a Qualitative Study of Hedge Fund Activism in Japan

2. Research – Large Shareholders, Shareholder Proposals, and Firm Performance: Evidence from Japan

3. Research – Politically Connected Firms and Earnings Informativeness in the Controlling versus Minority Shareholders Context: European Evidence

4. Equities’ great survivors and the value of compounding

http://www.ft.com/intl/cms/s/0/ad4c8714-f85a-11e3-815f-00144feabdc0.html

5. Research – How Many Patents Does it Take to Signal Innovation Quality?

Morning Bamboo Insight: 23 Jul 2014

Morning Bamboo Insight: 23 Jul 2014

Macro

1. (Macro/Tech) – Will The UK Become The World’s Leading Urban Innovation Lab?

http://www.forbes.com/sites/federicoguerrini/2014/07/18/why-the-uk-believes-it-can-become-the-worlds-leading-urban-innovation-lab/print/

2. A horrible, ugly, stressful process’: The five-year legacy of Canada’s auto bailout

http://business.financialpost.com/2014/07/19/a-horrible-ugly-stressful-process-the-five-year-legacy-of-canadas-auto-bailout/

3. A corporate malaise is afflicting the West; Today’s moguls prefer safe takeovers and downsizing to ambitious risk-taking

http://www.telegraph.co.uk/finance/globalbusiness/10973878/A-corporate-malaise-is-afflicting-the-West.html

4. Indesit sale could be wake up call for Italy to support family businesses

http://www.campdenfb.com/article/indesit-sale-could-be-wake-call-italy-support-family-businesses

5. How Russian Hackers Stole the Nasdaq

http://www.businessweek.com/articles/2014-07-17/how-russian-hackers-stole-the-nasdaq

6. Imminent collapse of gigantic fraud Herbalife

http://ftalphaville.ft.com/2014/07/21/1903382/imminent-collapse-of-gigantic-fraud-promised-by-short-seller/

7. Putinism Thrives on Dirty Money; Western leaders ignored Putin’s bad behavior as long as Russian money flowed in. Flight 17 changes all that

http://online.wsj.com/articles/oliver-bullough-putinism-thrives-on-dirty-money-1405984666

8. Money Manager Foiled by Bad Bets: Balestra Capital’s James Melcher, Like Many ‘Macro Traders,’ Is Feeling the Pain This Year

http://online.wsj.com/articles/money-manager-foiled-by-bad-bets-1405988086

Asia Pacific

1. (Korea/Tech) – Korea’s Entrepreneurs Garner Global Validation As Local ‘Startup’ Valuations Soar Into The Billions

http://www.forbes.com/sites/alanmcglade/2014/07/18/koreas-entrepreneurs-garner-global-validation-as-local-startup-valuations-soar-into-the-billions/print/

2. (China) – Expired meat scandal rocks fast food chains across China

http://www.wantchinatimes.com/news-subclass-cnt.aspx?id=20140721000120&cid=1103

3. (Korea/Tech) – Seoul to crack down on Uber rides; Seoul may start its own ride-sharing app

http://koreajoongangdaily.joins.com/news/article/article.aspx?aid=2992353

4. (Isia) – Tactical brains behind Prabowo campaign

http://news.asiaone.com/print/news/asia/tactical-brains-behind-prabowo-campaign

5. (Asean) – Rolls-Royces and rags mix on Phnom Penh’s streets

http://www.ft.com/intl/cms/s/0/c5379066-0e59-11e4-b1c4-00144feabdc0.html#axzz38AxO7Peo

6. (Isia) – Indonesian presidential candidate Prabowo Subianto wants a two-week delay in announcing the result of the election to allow investigations into allegations of mass cheating

http://www.channelnewsasia.com/news/asiapacific/prabowo-wants-two-week/1276296.html

7. (Spore) – Monetary Authority of Singapore (MAS) proposed a set of regulations for investments linked to land banks, gold and other physical assets to boost investor protection – following several scams that have left retail investors high and dry

http://www.businesstimes.com.sg/premium/top-stories/regulator-plans-new-rules-shield-investors-20140722

8. (Isia/Msia) – Jitters over Indonesia’s proposed banking bill; Malaysian ownership of Indonesian banks came under the spotlight again following a proposed bill that compels foreign banks to trim their interests to 40%.

http://www.thestar.com.my/Business/Business-News/2014/07/22/Jitters-over-Indonesias-proposed-banking-bill

9. (Isia) – In Indonesia’s Battle With Bootleg Goods, a Very Genuine Economic Toll

http://www.thejakartaglobe.com/business/indonesias-battle-bootleg-goods-genuine-economic-toll/

10. (Isia) – In Golkar, a Party Gravitating Toward Jokowi

http://www.thejakartaglobe.com/news/golkar-party-gravitating-toward-jokowi/

11. (Isia) – Basuki Admits Jakarta Smart Card Not Effective

http://www.thejakartaglobe.com/news/jakarta/basuki-admits-jakarta-smart-card-effective/

12. (Msia) – Najib’s Megabank Seen Challenging HSBC in Sukuk

http://www.thejakartaglobe.com/business/najibs-megabank-seen-challenging-hsbc-sukuk/

Life

1. New Video Games Teach Caring And Compassion

http://www.forbes.com/sites/jordanshapiro/2014/07/19/new-video-games-teach-caring-and-compassion/print/

2. Is Bigger Better? “There is not enough time to debate what are best practices. A company needs to get consistent before they can determine what is best.”

http://www.forbes.com/sites/loracecere/2014/07/18/is-bigger-better/print/

3. 5 Questions To Help You Define Your Leadership Brand

http://www.forbes.com/sites/work-in-progress/2014/07/18/5-questions-to-help-you-define-your-leadership-brand/print/

4. Patterns: How To Predict The Next Big Thing In Business

http://www.forbes.com/sites/cherylsnappconner/2014/07/16/pattern-recognition-how-to-predict-the-next-big-thing-in-business/print/

5. What Rockers Can Teach Entrepreneurs

http://www.forbes.com/sites/ruthblatt/2014/07/17/what-rockers-can-teach-entrepreneurs/print/

6. Four Success Strategies From Failed Business Models

http://www.forbes.com/sites/mitchfree/2014/07/21/four-success-strategies-from-failed-business-models/print/

7. The Fastest Way To Life Success: Vulnerability

http://www.forbes.com/sites/lawtonursrey/2014/07/20/the-fastest-way-to-life-success-vulnerability/print/

8. Podium Power: 7 Steps To A Rock Solid Speech

http://www.forbes.com/sites/rodgerdeanduncan/2014/07/18/podium-power-7-steps-to-a-rock-solid-speech/print/

9. How Do You Recognize A Great Entrepreneur?

http://www.forbes.com/sites/toddhixon/2014/07/18/how-to-recognize-a-great-entrepreneur/print/

10. The CEO Pivot Puzzle; Product definition is a challenge for any startup. But it’s significantly harder for a company that is in an evolving market

http://www.forbes.com/sites/stevenrosenbaum/2014/07/17/the-ceo-pivot-puzzle/print/

  1. Michael Dirda: A Science Fiction Reading List

http://www.forbes.com/sites/johnfarrell/2014/07/20/michael-dirda-a-science-fiction-reading-list/print/

12. Keep Time and Emotion from Killing a Negotiation

http://blogs.hbr.org/2014/07/keep-time-and-emotion-from-killing-a-negotiation/

13. Resentment, Jealousy, Feuds: A Look at Intel’s Founding Team

http://blogs.hbr.org/2014/07/resentment-jealousy-feuds-a-look-at-intels-founding-team/

14. The Industrial Revolution That Never Was; the creation of large-scale factories nearly began not in England, but in Great Britain’s American colonies, 250 years ago. The American version failed miserably

http://blogs.hbr.org/2014/07/the-industrial-revolution-that-never-was/

15. Don’t Sell a Product, Sell a Whole New Way of Thinking; Innovators change the lens through which we see the world; Mental models are how the brain makes sense of the vast amount of information to be processed every moment of every day

http://blogs.hbr.org/2014/07/dont-sell-a-product-sell-a-whole-new-way-of-thinking/

16. You Can’t Be a Great Manager If You’re Not a Good Coach

http://blogs.hbr.org/2014/07/you-cant-be-a-great-manager-if-youre-not-a-good-coach/

17. True leaders are absorbed in something much bigger than self. “One of the signals that a person is in wu-wei is that the person has de, translated as ‘virtue’, ‘power’, or ‘charismatic power.’”

http://blogs.hbr.org/2014/07/lead-without-trying-so-hard/

18. The one trait successful leaders share; An active coper quickly recovers from setbacks, opens up to the people around her and is aware of her own motivations, strengths and shortcomings

http://fortune.com/2014/07/17/successful-leadership-traits/

19. The art of predicting business risks: Why non-experts do it better

http://fortune.com/2014/07/15/the-art-of-predicting-business-risks-why-non-experts-do-it-better/

20. The Problem With Founders; Starting a business may be hard, but scaling a business is where all the value of a company gets built

http://techcrunch.com/2014/07/20/the-problem-with-founders/

21. Norberto Odebrecht, the man who turned his father’s small engineering firm into a construction empire, has died at the age of 93 in his hometown of Salvador, Brazil

http://www.campdenfb.com/article/odebrecht-founder-dies-brazil-aged-93

22. When familial ties force a young next-gen into leadership

http://www.campdenfb.com/article/when-familial-ties-force-young-next-gen-leadership

23. The Secret History Behind The Science Of Stress

http://www.npr.org/blogs/health/2014/07/07/325946892/the-secret-history-behind-the-science-of-stress

24. Why the Myers-Briggs test is totally meaningless

http://www.vox.com/2014/7/15/5881947/myers-briggs-personality-test-meaningless

25. Innovation: Australia can learn some (very) small things from Switzerland

http://www.brw.com.au/p/business/innovation_australia_can_learn_some_6qVXAeLT6kotdrwmqegFvM

TMT

1. When Amazon Acts Like A Start-up: Why Amazon Has Entered The Ebook Subscription Market

http://www.forbes.com/sites/jeremygreenfield/2014/07/18/when-amazon-acts-like-a-start-up-why-amazon-has-entered-the-ebook-subscription-market/print/

2. (Macro/Tech) – Will The UK Become The World’s Leading Urban Innovation Lab?

http://www.forbes.com/sites/federicoguerrini/2014/07/18/why-the-uk-believes-it-can-become-the-worlds-leading-urban-innovation-lab/print/

3. Selling apps, television shows, e-books, music and games through Google Play is becoming a big business for the tech giant. In five years, Google Play has gone from an upstart marketplace for mobile phone apps to a mammoth media hub

http://fortune.com/2014/07/18/the-rise-of-google-play/

4. Illiquid Till Exit: Is the golden era of secondary share sales over for startups?

http://fortune.com/2014/07/21/illiquid-till-exit-golden-era-secondary-share-sales-over-startups/

5. Xiaomi vs Huawei: The showdown of Chinese smartphone brands

http://e27.co/xiaomi-vs-huawei-the-showdown-of-chinese-smart-phone-brands-20140716/

6. (China/Tech) – Alibaba Has Big Hopes for New Big Data Processing Servic

http://english.caixin.com/2014-07-17/100705224.html

7. At EMC, Marriage Requires Investment; EMC’s marriage to VMware has stood the test of time so far. But outside pressure will put the tech giant on the spot to justify the continued relationship

http://online.wsj.com/articles/heard-on-the-street-at-emc-marriage-requires-investment-1405971209

Consumer

1. Tesco has forgotten what it was good at – and Aldi and Lidl have taken advantage; Britain’s biggest retailer has lost connection with customers and focus on price

http://www.telegraph.co.uk/finance/newsbysector/epic/tsco/10979808/Tesco-has-forgotten-what-it-was-good-at-and-Aldi-and-Lidl-have-taken-advantage.html

2. Cheap at sea, pricey on the plate: The voodoo of lobster economics

http://www.theglobeandmail.com/news/national/my-travels-with-larry/article19557387/

Investing Process

1. Sino-Forest CFO fined $700,000 and banned from boards in settlement with Ontario Securities Commission

http://business.financialpost.com/2014/07/21/sino-forest-cfo-fined-700000-and-banned-from-boards-in-settlement-with-ontario-securities-commission/

2. GMO 2Q14 Letter: Free Lunches and the Food Truck Revolution

http://www.gmo.com/websitecontent/GMO_QtlyLetter_2Q14.pdf

Books

1. Books – Trying Not to Try: The Art and Science of Spontaneity

http://www.amazon.com/Trying-Not-Try-Science-Spontaneity/dp/product-description/0770437613/

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