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Kindness + The Accounting of Words and Value Investing

I was just discussing this afternoon about how can one “measure/quantify” the criteria of “kindness”. This is in relation to Yahoo’s Marissa Mayer scrapping the “work-from-home” policy which would affect several working mothers and the policy does not seem aligned with a culture of kindness and trust to foster productivity and innovations. And there are reports that Marissa Mayer paid to have a nursery built in her office; “not all Yahoos have that kind of money and clout” was the feedback gathered by journalist Nicholas Carson from some Yahoo staff. In the R.E.S.-ilience framework of Bamboo Innovators, R stands for Rootedness in a Kindness culture. Perhaps the lack of Kindness can be “quantified” by the disproportionate size of the office and size of perks to the top executives and managers. In a positive way, Kindness can be “measured” by the “number of jokes/humor” in annual reports and company publications, just like Warren Buffett’s folky humor in his widely-followed Berkshire Hathaway’s Letter to Shareholders. Words can reveal kindness and there is growing awareness of how linguistic/textual analysis can be used to highlight the intentions of managers and leaders. Talk about using unorthodox “data”. Below is a brief article “The Accounting of Words and Value Investing” that I wrote in September 2010 which also has relevance to investigating Bamboo Innovators.

Koon Boon

26 Feb 2013

Singapore

27 September 2010 (Updated 22 March 2013)

The Accounting of Words and Value Investing for Bamboo Innovators

By KEE Koon Boon

Have taken down this article as i am submitting this for a posting at a media outlet for a 1-month exclusivity period. Will update accordingly. Thank you.

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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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