The Misfit Economy: Lessons in Creativity from Pirates, Hackers, Gangsters and Other Informal Entrepreneur; This is the personality combo that Steve Jobs and Richard Branson shared: They’re a special breed of innovator: they’re misfit entrepreneurs – Bamboo Innovator Daily: 20 Jun (Sat)
June 20, 2015 Leave a comment
Life
- This is the personality combo that Steve Jobs and Richard Branson shared: They’re a special breed of innovator: they’re misfit entrepreneurs. BI
- Lessons From Dave Goldberg: An Open Letter To Aspiring CEOs And Young Entrepreneurs: Techcrunch
- Toddlers Have Sense of Justice, Puppet Study Shows; Children as young as age 3 will intervene on behalf of a victim, reacting as if victimized themselves, scientists have found. NYT
- Neil Gaiman on How Stories Last: BP
- Oliver Sacks on Storytelling, the Curious Psychology of Writing, and What His Friendship with the Poet Thom Gunn Taught Him About Creativity and Originality: BP
- A 24-year-old entrepreneur spent 4 days with Richard Branson — here’s what she learned from him: BI
- Comcast Founder Ralph Roberts Dies at 95; Cable-TV pioneer and tenacious deal maker built family business into a media empire. Ralph Roberts, Comcast founder, 1920-2015: WSJ, FT, NYT
- Use Everyday Life to Teach Kids About Money: WSJ
- Lessons on family business succession from Rupert Murdoch: Campden
- A father’s dark legacy: The fate of Bernie Madoff’s sons should be a lesson for all dads on the importance of integrity: Star
- Disney has been hiding a secret message in its movies for years: BI
- The brilliantly revealing interview question one tech CEO asks every job candidate: “If you worked in a restaurant, what role would you want?”: BI
- Lunch with the FT: Takashi Murakami: ‘Japan’s Andy Warhol’ has blurred the lines between art and commerce. Over two burgers in Tokyo, he talks about fantasy beating reality and his quest to be understood: FT
- Believe It Or Not, Most Published Research Findings Are Probably False: Bigthink
- How Richard Baker engineered Hudson’s Bay Co.’s stunning turnaround with a ‘leap of faith’ in real estate: FP
- Dishonesty in business most likely to occur as window of opportunity closes: SCMP
- 13 Practical Ideas That Have Helped Me Make Better Decisions: Farnam
- Why it’s easier to describe “what makes us happy” than answer the question “what is happiness?”: Farnam
Books
- The Misfit Economy: Lessons in Creativity from Pirates, Hackers, Gangsters and Other Informal Entrepreneurs: Amazon
- How to Measure Anything: Finding the Value of Intangibles in Business : Amazon
Investing Process
- Amount owed by AirAsia associates and related parties growing, translates to 60% of shareholders funds, exceeding sales those associates generate; AirAsia would have been loss-making if it were not for the transfer pricing to related parties: Star1, Star2
- Tech Companies Fly High on Fantasy Accounting: NYT
- IOOF’s boiler room throws customers to the wolves: TheAge
- CALC shares plunge after announcment of resignation of missing CEO Mike Poon: SCMP
- With a new standard in place governing how to account for discontinued operations, companies attempting to apply the guidance for the first time are finding they have a think a little harder to arrive at the right accounting: Compliance
- Beware the Stock-Buyback Craze; Investing in companies that are buying back shares is a time-tested strategy. But the rapid pace of buybacks is one reason for caution.: WSJ
- Shell, Glencore, and Other Multinationals Dominate Their Home Economies: Bloomberg
- Here’s what stock market valuations look like if you add back all the bad stuff companies like to take out: BI
- Aim — 20 years of a few winners and many losers: FT
- Punishment against Daewoo E&C for accounting fraud to be discussed: Maeil
- Fat tails, thin ice: JasonZweig
- Terry Smith: What investors can learn from Sir Alex Ferguson’s success: Telegraph
Greater China
- Hong Kong Bourse Moves Closer Toward Allowing Dual-Class Shares: Bloomberg
- China Stocks Enter Correction as BlackRock Sees Bubble Bursting: Bloomberg
- China to allow full foreign ownership of some e-commerce businesses: Reuters
- Chairman Zhang’s flatpack skyscrapers: A Chinese entrepreneur who took just 19 days to build a 57-storey tower says he has triggered a construction revolution. And his dreams soar far, far higher. BBC
- Developers in China are giving away Porsches to sell houses: BI
- Hong Kong opens door to Alibaba shares by returning the debate on controversial dual class shareholdings: FT
- China growth slowdown takes bite out of Hershey: FT
- National auditor to report problems in RMB15tn land sales: WCT
- Wuhan woman sells her stocks from the hospital delivery room: WCT
- TutorGroup, World’s Largest Online Language Institute Unveils ‘Expert On Demand’ Service: Technode
- China’s mixed-ownership reform a second brewing of herbs; “The mixed-ownership reform is no Viagra but Chinese herbal drugs”: SCMP
- Octopus CEO stands ready to deal with any crisis; With 99 per cent of Hong Kong’s 7 million people using it, someone somewhere has to make sure it all goes well: SCMP
India
- Skeptic Aberdeen Turns Bullish on India as Valuations Shrink: Bloomberg
Japan & Korea
- How Nintendo plans to balance its past and its future: WaPo
- A Fresh Catalyst to Power Japanese Stocks; Japan’s growing appreciation of shareholder value could be an untapped source of yield. Barron’s
- Japan vs. Korea: Which Market Has More Upside? Earnings growth, an improving economy and corporate governance reforms makes one a standout winner. Barron’s
- Meet Samsung’s billionaire Lee family, South Korea’s most powerful dynasty: BI
- Bleak outlook for K-cosmetics in the aftermath of the MERS: Maeil
- SKT, RoboBuilder to develop 5G robots: KT
- Lotte Group and Hotel Shilla are facing a major challenge against their ambitious bid to run new duty free stores in Seoul as a lawmaker raised issues of the license strengthening their dominance further.: KT
- Samsung and Elliott: KT
- Japanese companies unloading cross-held shares; Ryohin Keikaku, operator of Muji stores, has sold all the 1.7 million or so shares it had in apparel giant Onward Holdings, to improve asset efficiency: Nikkei
- SoftBank to focus on future tech, Son tells shareholders: JT
- Most Japan firms reluctant to unwind cross-shareholdings: poll: Reuters
ASEAN
- Singapore’s housing glut to worsen before tapering from 2017: UOB report: BT
- Win Win Tint, a top retailing executive in Myanmar, says that her company has learned a lot from its Japanese counterparts: Nikkei
Macro
- Record Cash Wrung From Bond Market to Cover U.S. Stock Buybacks: Bloomberg
- Manufacturing’s next act: Industry 4.0 is more than just a flashy catchphrase. A confluence of trends and technologies promises to reshape the way things are made. McKinsey
- Record number of hedge funds now operating around world-HFR: Reuters
- Why Asia Isn’t Immune to Global Bond Volatility; Unruly rates in US and Europe can rattle Asia, with exports weak and local markets still reliant on foreigners. Barron’s
- Is the bonds bull market heading for a goring?: FT
- Repo market faces structural challenge: FT
- Australian officials fret over possible housing bubble: Nikkei
Energy & Commodities
- The Oil Industry’s Magic Printing Press; Exploration and production companies sell shares at a record pace: WSJ
Healthcare
- A Sea Change in Treating Heart Attacks; The death rate from coronary heart disease has dropped 38 percent in a decade. One reason is that hospitals rich and poor have streamlined emergency treatment.: NYT
TMT
- Strong FitBit IPO Hints at Growing Quantification of Everything: WSJ
- How One Analyst Envisions the TV Landscape in 10 Years: WSJ
- What do people really want to watch on TV? Hint: It’s not ESPN or HBO. Viewers want their Discovery Channel, known for the summer adventure series Shark Week: WaPo
- Disney exploring virtual reality for video games: Reuters
- Will Fitbit Go the Way of the Palm Pilot?: NewYorker
- What retailers need to know about falling conversion rates in mobile shopping: BI
- Bond Street, a 2-year-old fintech startup that just raised $110 million, is making Wall Street sweat: BI
- The $3.2 billion that Google paid for Nest is starting to make a lot more sense: BI
- Investors work up a sweat to be part of wearables race: FT
- After two decades of indiscretions, digital trails and bulging inboxes, emailers are picking up Slack: FT
- Fitbit: A South Korea start-up founder a legendary success story: Maeil
- HTC’s value assessed for possible takeover: WCT
- How Spot Interactive found a way to stand out and get the attention of some giant companies: FP
- How Oculus and Cardboard Are Going to Rock the Travel Industry; As advertisers jump on VR, it may just be a matter of time before you can rack up air miles, virtually: bloomberg
Consumer & Others
- Can Harley-Davidson Spark a Motorcycle Counterculture? CEO wants to get videogame generation off of the couch and onto a bike: WSJ
- Gap Deserves to Come Off Discount Rack: Success of Old Navy brand shows that Gap can turn around: WSJ
- Yum Brands CFO: Charting an Emerging-Markets Course: WSJ
- Beauty and the beer: Carlsberg launches men’s grooming products: FT
- Asia keeps its appetite for instant noodles; Despite India health scare, long-term growth prospects remain robust: FT
- Industry analysts see several reasons for Colt Defense’s slide to bankruptcy: ChinaPost
- The $5 billion battle for the American dinner plate: FastCo
- How Zuma Is Taking Over the Restaurant World: The secret to chef-founder Rainer Becker’s $200 million success: Never be content: Bloomberg
- The Red Prince: Did apple growing pioneer bite off more than he can chew in Canada?: FP
- Muddying the Gap: how the US clothing chain has failed to uphold its identity; Topshop, Uniqlo and H&M have parked their tanks on Gap’s lawn over the past decade, and the original normcore retailer has not managed to defend itself: Guardian
- Is Sandwich Chain Quiznos Toast?: Forbes
- SodaStream plans to start selling a machine that carbonates alcoholic drinks next year.: Fortune
- Caffeine crime: 11 indicted in a massive 5-Hour Energy scam; More than 4 million fake bottles distributed.: Fortune
- ConAgra’s smorgasbord is ready to carve: Reuters