Evening Bamboo Insight: 27 Jul 2014

Evening Bamboo Insight: 27 Jul 2014

Macro

1. The Right Way to Invest Globally; U.S. Investors Have Ramped Up Their Holdings of Foreign Stocks, But Some Do It the Wrong Way

http://online.wsj.com/articles/the-right-way-to-invest-globally-1406308068

2. (Macro) – How the U.S. Stumbled Into the Drone Era; Before 9/11, Washington was still locked in debate over a now familiar weapon

http://online.wsj.com/articles/how-the-u-s-stumbled-into-the-drone-era-1406234812

Asia Pacific

1. (Isia) – President-elect Jokowi crowdsources his Cabinet

http://www.todayonline.com/print/715286

2. (China) – China’s Guangdong province removes over 850 ‘naked officials’ from their posts

http://www.reuters.com/article/2014/07/26/us-china-corruption-idUSKBN0FV04F20140726

3. (Isia) – The small-town Mr Clean turned ‘accidental’ president; Many like him because he has ‘the face of someone from the village’. He also has a personal fortune of $2.5m

http://www.ft.com/intl/cms/s/0/5391098c-1328-11e4-8244-00144feabdc0.html#axzz38Zq4vtCl

4. (India) – Jailed Indian tycoon seeks ‘deal room’ to negotiate hotels sale

http://www.ft.com/intl/cms/s/0/319e8014-13f7-11e4-8485-00144feabdc0.html

5. (China) – Hollywood transformed: How China is changing the DNA of America’s blockbuster movies

http://www.ft.com/intl/cms/s/2/60338b6c-1263-11e4-93a5-00144feabdc0.html#axzz38ZqmWSwE

6. (China) – Jim Chanos Has A Whole New Reason For Going Dark On China

http://www.businessinsider.sg/jim-chanos-on-china-anti-corruption-2014-7/#.U9OnFPmSxqU

7. (Korea) – SK Group in paradox; Absence of chairman felt little amid stable growth

http://www.koreatimes.co.kr/www/news/biz/2014/07/123_161707.html

8. (Isia) – A Beacon of Hope, Change to a Positive Yet ‘Exhausted’ Indonesia; New Indonesian President Jokowi Can Bring Certainty, Consistency to Mining

http://www.thejakartaglobe.com/opinion/beacon-hope-change-positive-yet-exhausted-indonesia/

http://www.thejakartaglobe.com/opinion/new-indonesian-president-jokowi-can-bring-certainty-consistency-mining/

http://www.thejakartaglobe.com/opinion/editorial-killing-new-order-good-jokowi/

9. (Korea) – CJ Group, a conglomerate engaged in diverse industries from food production to entertainment, is starting to totter more than a year after Chairman Lee Jay-hyun, 54, was arrested and sentenced to four years in prison for embezzlement

http://koreajoongangdaily.joins.com/news/article/article.aspx?aid=2992567&cloc=joongangdaily|home|newslist1

10. (Isia) – Jokowi Cabinet in Focus as KPK Pushes for Clean Line-Up

http://www.thejakartaglobe.com/news/jokowi-cabinet-focus-kpk-pushes-clean-line/

11. (China) – Top 1% Control a Third of China’s Wealth while the bottom 25 percent control just one hundredth

http://www.thejakartaglobe.com/business/top-1-control-third-chinas-wealth/

12. (China/Myanmar) – China’s cancelled Burma railway is its latest derailment in southeast Asia

http://qz.com/240436/chinas-cancelled-burma-railway-is-its-latest-derailment-in-southeast-asia/

13. (China) – PetroChina trying to trim $1.23-billion payment to Athabasca; the Chinese company, rocked by a corruption scandal, is frustrated with the high price it paid for the oil sands assets and massive cost overruns

http://business.financialpost.com/2014/07/26/petrochina-trying-to-trim-1-23-billion-payment-to-athabasca-source/?__lsa=5ec1-8bc8

14. (China) – Transformers 4: Unhappy Chinese advertisers sue

http://www.wantchinatimes.com/news-subclass-cnt.aspx?id=20140726000067&cid=1202

Life

1. Was America’s revolution driven by political philosophers, or practical men reacting to events?

http://online.wsj.com/articles/book-review-natures-god-by-matthew-stewart-independence-by-thomas-p-slaughter-1406320774

2. Engineer whose vision helped build Brazil; Norberto Odebrecht, construction executive, 1920-2014

http://www.ft.com/cms/s/0/54a19ed8-1344-11e4-8244-00144feabdc0.html#axzz38ZqmWSwE

3. Lions and tigers and… CEOs? ‘The Wizard of Oz’ as leadership guide

http://fortune.com/2014/07/25/wizard-oz-leadership-lessons/

4. The Life and Times of a Bamboo Artist; “Every time you work with bamboo, you get something new”

http://forbesindia.com/printcontent/38307

5. Books – Toto’s Reflections: The Leadership Lessons from the Wizard of Oz

http://www.amazon.com/Totos-Reflections-Leadership-Lessons-Wizard/dp/1478718021/

6. Powerful and Coldhearted: It’s hard for powerful people to feel empathy

http://www.nytimes.com/2014/07/27/opinion/sunday/powerful-and-coldhearted.html?ref=opinion&_r=0

7. No Time to Think; It could be because human beings, when left alone, tend to dwell on what’s wrong in their lives. We have evolved to become problem solvers and meaning makers

http://www.nytimes.com/2014/07/27/sunday-review/no-time-to-think.html?ref=opinion

8. How anti-capitalist Michael Moore built a £30m fortune

http://www.telegraph.co.uk/finance/personalfinance/fameandfortune/10990422/How-anti-capitalist-Michael-Moore-built-a-30m-fortune.html

9. Fruits and Vegetables Are Trying to Kill You; Antioxidant vitamins don’t stress us like plants do-and don’t have their beneficial effect

http://nautil.us/issue/15/turbulence/fruits-and-vegetables-are-trying-to-kill-you

10. Books That Can Boost Your Portfolio: Business Classics Every Serious Investor Should Read

http://online.wsj.com/articles/books-that-can-boost-your-portfolio-1406420208

TMT

1. (India/Tech) – Text and Ride in India; A handful of start-ups in India have begun to use technology to more easily connect auto-rickshaw drivers with customers – a twist to Uber and Lyft

http://www.nytimes.com/2014/07/26/business/international/start-ups-in-india-streamline-auto-rickshaw-business.html

2. (China/Tech) – Baidu Finds China’s Mobile Money

http://online.wsj.com/articles/heard-on-the-street-baidu-finds-chinas-mobile-money-1406268963

3. Ready to Wear? The Internet of Things is headed for your wrist: smart watches and fitness bands. Who wins, who loses in wearable technology

http://online.barrons.com/news/articles/SB50001424053111904780504580043384005466508

4. Apple Secretly Acquired “Pandora For Books” Startup BookLamp To Battle Amazon

http://techcrunch.com/2014/07/25/apple-booklamp/

5. (China/Tech) – Qualcomm sales data seized amid antitrust probe in China

http://www.wantchinatimes.com/news-subclass-cnt.aspx?id=20140726000125&cid=1102

6. (China/Tech) – Xiaomi may have exaggerrated website hits to create hype

http://www.wantchinatimes.com/news-subclass-cnt.aspx?id=20140726000131&cid=1206

7. (China/Tech) – Alibaba maps out mobile internet strategy with AutoNavi

http://www.wantchinatimes.com/news-subclass-cnt.aspx?id=20140726000059&cid=1502

Consumer

1. How Hotcha hopes to become the Domino’s of Chinese takeaway; Chinese food over took fish and chips to became the country’s favourite takeaway this year. But there is no national rival to the big pizza chains – yet

http://www.telegraph.co.uk/finance/newsbysector/retailandconsumer/10981638/How-Hotcha-hopes-to-become-the-Dominos-of-Chinese-takeaway.html

2. Koreans’ love of good coffee is getting even more intense; Seoul has 284 Starbucks-the most in the world and seven more than New York City’s 277

http://qz.com/240922/korea-love-of-good-coffee-is-getting-even-more-intense/

Healthcare

1. Hearing Aids: Mimicking a fly’s aural mechanism may replicate its acuity for humans

http://www.economist.com/blogs/babbage/2014/07/fly-inspired-hearing-aids

Investing Process

1. Finding Value Companies the Schloss Way

https://www.aaii.com/computerized-investing/article/stock-screening-with-walter-schloss.pdf

2. Research – The 52-Week High and Momentum Investing

http://basehitinvesting.com/wp-content/uploads/2013/01/52-Week-High-and-Momentum-Investing.pdf