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From Buffett’s Scott Fetzer to Asia, Are Oddballs Odious or Opportunities? Bamboo Innovator is featured in BeyondProxy.com, where value investing lives

Bamboo Innovator is featured in BeyondProxy.com, where value investing lives:

  • From Buffett’s Scott Fetzer to Asia, Are Oddballs Odious or Opportunities? July 24, 2013 (BeyondProxy)

Oddballs

 

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Starbucks and Danone team up to take on growing $7 billion US yogurt market

Starbucks and Danone team up to take on growing US yogurt market

Wednesday, Jul 24, 2013

Reuters

Starbucks Corp and Danone SA said on Tuesday they will sell a co-branded yogurt through Starbucks cafes and in grocery stores as yogurt makers and food companies battle for market share in the US$7 billion (S$.8.8 billion) US market. The partnership comes as Starbucks pushes into the “health and wellness” category and as Danone, owner of the Dannon brand, and other yogurt makers seek to conquer the US market, where yogurt consumption per capita lags Europe. Financial terms were not disclosed. Their first product will be ready-to-eat Greek yogurt parfaits, to be sold in US Starbucks stores in spring 2014. Read more of this post

Charlie Munger Triples Publisher’s Value With Panic-Era Wager on Stocks

Munger Triples Publisher’s Value With Panic-Era Wager on Stocks

Warren Buffett, Charlie Munger

Daily Journal Corp. (DJCO), the California publisher that counts Charles Munger as its chairman, more than tripled in value since 2008 after the company jumped into stocks during the financial crisis.

Best known as Warren Buffett’s longtime business partner, Munger began accumulating equities in early 2009 at the Daily Journal. The portfolio was worth $112.3 million as of March 31, or about 65 percent of the Los Angeles-based publisher’s current market value. Investors who attend the company’s annual meetings said he signaled that Wells Fargo & Co. (WFC) was among the bets.

“Here’s a guy in his mid-80s at the time, sitting around with cash at the Daily Journal for a decade, and all of a sudden hits the bottom perfect,” said Steve Check, a Costa Mesa, California-based investment manager who has attended the publisher’s meetings since 2004. Read more of this post

Chinese Not Impressed by World’s Future Tallest Building

Chinese Not Impressed by World’s Future Tallest Building

As recently as July 1, cattle apparently grazed in the fields intended for the world’s tallest skyscraper in the rural outskirts of Changsha, in China’s Hunan province. That wasn’t the original plan: Sky City, as the concept is known, was scheduled for completion earlier this year after a mere 90 days of construction.

Understandably, few people inside or outside China believed such a deadline was possible. It wasn’t. Work never even started on the project, which was delayed in part by the government-approval process. Read more of this post

Watch revenue when parsing western vs emerging bonds

Watch revenue when parsing western vs emerging bonds

1:53am EDT

By Mike Dolan

LONDON (Reuters) – Watch governments’ revenues, and not just how much their economies produce, to see if they can support their debt piles. For investors choosing between bonds of heavily-indebted governments of recessionary European nations and those of the seemingly tidier national accounts in the fast-growing developing world, the point is increasingly poignant. For over three years at least, the decision was simple. But after months of shocks to emerging markets and their previously buoyant bond universe in particular, lots of that recently assumed wisdom has come into question. Read more of this post

The Most Counterintuitive Advice From Famous Entrepreneurs

The Most Counterintuitive Advice From Famous Entrepreneurs

BELLE BETH COOPERBUFFER JUL. 23, 2013, 5:11 PM 1,476 1

We all love to take advice from people who’ve previously been through the same situations as us or who are further along a similar path to us. For entrepreneurs this is particularly useful, since it’s such a difficult, unknown path to tread sometimes. Funnily enough, some of the advice I’ve come across through reading interviews and articles from famous entrepreneurs is often counterintuitive to what I would expect them to say. I thought it would be interesting to gather some of this advice into one place, so here are ten of the most counterintuitive pieces of advice I’ve come across from famous entrepreneur. Read more of this post

Innovation Isn’t an Idea Problem

Innovation Isn’t an Idea Problem

by David Burkus  |   8:00 AM July 23, 2013

When most organizations try to increase their innovation efforts, they always seem to start from the same assumption: “we need more ideas.” They’ll start talking about the need to “think outside the box” or “blue sky” thinking in order to find a few ideas that can turn into viable new products or systems. However, in most organizations, innovation isn’t hampered by a lack of ideas, but rather a lack of noticing the good ideas already there.

It’s not an idea problem; it’s a recognition problem. Read more of this post

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