Bamboo Innovator Daily: 17 May (Sun) – The fastest way to figure out if you’re doing something truly important with your life; Inside Zappos CEO Tony Hsieh’s radical management experiment that prompted 14% of employees to quit

May 17, 2015 Leave a comment

Life

  • Why leaders need to focus on how they treat employees: Fortune
  • The fastest way to figure out if you’re doing something truly important with your life: BI
  • Kierkegaard on Popular Opinion, the Petty Jealousies of Criticism, and the Only Cure for Embitterment in Creative Work” BP
  • LA tech guru and ex-MySpace CEO reveals the 2 keys to successful startups: BI
  • Inside Zappos CEO Tony Hsieh’s radical management experiment that prompted 14% of employees to quit: BI
  • What Art Collectors Can Learn From Art Thief Larry Salander; Advice from burned collectors, robbed of $100 million.: Barron’s

Investing Process

  • Berkshire Bulks Up on Precision Castparts, 21st Century Fox: Barron’s
  • Seth Klarman Says This is the Single Biggest Investing Advantage You Can Have: VW
  • Seven patterns of inefficiency in pricing of quality businesses: Fundoo
  • Betting on the Emerging-Market Entrepreneur: Barron’s

AsianExtractor: Unearthing Accounting Fraud in Asia

  • Detecting Accounting Fraud in Asia (Part 4): Introducing Six New Measures: AsianExtractor
  • Sihuan (460 HK) Updates on Audit Delay: Improper accounting treatment in consolidation trick of using MRAs (Market Research Agents) to exclude hidden sales and distribution expenses to artificially boost profits: AsianExtractor
  • China Environment FY2014: Significant Deterioration in Receivables Collectability And No Provision for Impairment: AsianExtractor
  • China Environment (SES: 50U, Bloomberg: CENV SP): Auditor Emphasis of Matter raises more questions on potential accounting tunneling risk: AsianExtractor
  • Open Letter to SGX/MAS: Reply to CFO of SGX-Listed China Environment (CENV SP) on report “Potential Accounting Tunneling Fraud at China Environment?” – Address the accounting and governance concerns in an SGX/MAS announcement: AsianExtractor
  • Does Auditor Explanatory Language in Unqualified Audit Reports Indicate Increased Financial Misstatement Risk? “Emphasis of matter” language predicts restatements + China Environment’s Auditor Emphasis of Matter: AsianExtractor

Greater China

  • Yum Brands China split short on crispy goodness: Reuters
  • Alibaba generation shift treats investors as kids: Reuters
  • Shenzhen’s Tycoon Golf Course the Latest Casualty of China’s Anti-Corruption Campaign: WSJ
  • Inside China’s Insane IPO Market: Full Frontal: Zerohedge

India

  • India online retail hierarchy looks far from fixed: Reuters
  • Infosys CEO On Mission To Transform His Company Into Design Thinkers: Techcrunch

Japan & Korea

  • Is Japan becoming extinct? The projected drop in the country’s population raises some fundamental questions about its political and social future: JT

ASEAN

Macro

  •  Bond turmoil signals new era of return-free risk: Reuters
  • Central banks chase investor herd into liquidity trap: Reuters
  • Strategist: Asset Classes Around the World Have Been Infected With a Highly Contagious Disease: Bloomberg
  • ‘Look out for dirty money in Aussie property’: AsiaOne
  • Without a net: Why the safety trade is getting riskier for investors: FP

TMT

  • NPR Initiates Phase Two of Plan to Become the Pandora of News: Slate
  • Tech Bubble 2.0?: Techcrunch

Consumer & Others

  • Hedge fund activists buy McDonald’s, but are they lovin’ it? Reuters
  • Whole Foods is falling to competitors because of one mistake: BI
  • Why Big Beer Is Struggling in the Age of Hipster Craft Beers: InvestorPlace
  • L’Oréal CEO Jean-Paul Agon Sells Beauty to the World; The CEO’s passion for marketing has helped L’Oréal cement its status as the world’s No. 1 cosmetics and beauty-care company. Barron’s
  • Is craft beer in a bubble?: Fortune

Filed under Daily Insight

About bambooinnovator
Kee Koon Boon (“KB”) is the co-founder and director of HERO Investment Management which provides specialized fund management and investment advisory services to the ARCHEA Asia HERO Innovators Fund (www.heroinnovator.com), the only Asian SMID-cap tech-focused fund in the industry. KB is an internationally featured investor rooted in the principles of value investing for over a decade as a fund manager and analyst in the Asian capital markets who started his career at a boutique hedge fund in Singapore where he was with the firm since 2002 and was also part of the core investment committee in significantly outperforming the index in the 10-year-plus-old flagship Asian fund. He was also the portfolio manager for Asia-Pacific equities at Korea’s largest mutual fund company. Prior to setting up the H.E.R.O. Innovators Fund, KB was the Chief Investment Officer & CEO of a Singapore Registered Fund Management Company (RFMC) where he is responsible for listed Asian equity investments. KB had taught accounting at the Singapore Management University (SMU) as a faculty member and also pioneered the 15-week course on Accounting Fraud in Asia as an official module at SMU. KB remains grateful and honored to be invited by Singapore’s financial regulator Monetary Authority of Singapore (MAS) to present to their top management team about implementing a world’s first fact-based forward-looking fraud detection framework to bring about benefits for the capital markets in Singapore and for the public and investment community. KB also served the community in sharing his insights in writing articles about value investing and corporate governance in the media that include Business Times, Straits Times, Jakarta Post, Manual of Ideas, Investopedia, TedXWallStreet. He had also presented in top investment, banking and finance conferences in America, Italy, Sydney, Cape Town, HK, China. He has trained CEOs, entrepreneurs, CFOs, management executives in business strategy & business model innovation in Singapore, HK and China.

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