Morning Bamboo Insight: 26 Sep 2014

Morning Bamboo Insight: 26 Sep 2014

Macro

1. Former GM Product Czar Says Tesla Is ‘Grossly Overvalued’

http://www.businessinsider.sg/former-gm-product-czar-bob-lutz-says-tesla-is-grossly-overvalued-2014-9/#.VCO5xvmSyCk

2. Property: Land of opportunity; To its advocates, land value tax has almost magical powers. Has its moment finally come?

http://www.ft.com/intl/cms/s/0/c92e084a-4300-11e4-8a43-00144feabdc0.html#axzz3EIwi0OhO

3. We have to hope smart beta is not another example of dumb alpha

http://www.ft.com/intl/cms/s/2/e1ed6bd6-382a-11e4-a687-00144feabdc0.html#axzz3EIwi0OhO

4. After nearly a decade, the NYFSE’s comeback is finally complete. (Suck it, NASDAQ)

http://pando.com/2014/09/23/after-nearly-a-decade-the-nyfses-come-back-is-finally-complete-suck-it-nasdaq/

5. 2 & 20 is Dead – 1 & 15 is on the Way Out in Hedge Funds..

http://pragcap.com/2-20-is-dead-1-15-is-on-the-way-out

Asia Pacific

1. (Viet) – Vietnam Growth Worst Since 1980s Seen on Credit Crunch: Economy

http://www.bloomberg.com/news/print/2014-09-24/vietnam-growth-worst-since-1980s-opening-as-credit-crunch-hits.html

2. (Korea) – Korea’s Wealth Fund Doubling Staff to Pick Buffett-Style Stocks

http://www.bloomberg.com/news/print/2014-09-25/korea-s-wealth-fund-doubling-staff-to-pick-buffett-style-stocks.html

3. (India) – Sugar Turns Bitter for India Mills as Losses Increase

http://www.bloomberg.com/news/print/2014-09-24/sugar-turns-bitter-for-india-mills-as-losses-increase.html

4. (Japan) – Yen Befuddles as Kuroda-Inspired Selloff Accelerates: Currencies

http://www.bloomberg.com/news/print/2014-09-24/yen-befuddles-as-kuroda-inspired-selloff-accelerates-currencies.html

5. (China) – China Watchdog Finds $10 Billion in Fake Currency Trade

http://www.bloomberg.com/news/print/2014-09-25/china-foreign-exchange-watchdog-finds-10-billion-in-fake-trade.html

6. (India) – India Supreme Court confirms cancellation of coal licences

http://www.ft.com/intl/cms/s/0/c96d9e30-43d0-11e4-8abd-00144feabdc0.html#axzz3EJ1IMQtF

http://online.wsj.com/articles/indias-supreme-court-cancels-most-coal-licenses-given-since-1993-1411552912

7. (Asia) – Corporate policing in Asia has improved even as companies’ own governance has slowed, according to a study that names Japan as the most-improved market while South Korean groups’ standards have deteriorated.

http://www.ft.com/intl/cms/s/0/f70e3366-4459-11e4-baa7-00144feabdc0.html#axzz3EJ1IMQtF

8. (Isia) – Widodo seeks to pin old Jakarta on to the tourist map

http://www.ft.com/intl/cms/s/0/674c56d2-3cc9-11e4-9733-00144feabdc0.html#slide0

9. (Asia) – Corruption is messy for business in Asia; Managers have to figure out how to avoid paying bribes – or how to pay without being caught

http://www.ft.com/intl/cms/s/0/598aa4dc-426d-11e4-9818-00144feabdc0.html#axzz3EIwi0OhO

1. (India) – These numbers capture India’s historic and incredibly frugal Mars mission

http://qz.com/270270/these-numbers-capture-indias-historic-and-incredibly-frugal-mars-mission/

Life

1. Trust Me, Trust Me Not; when to – when not to – believe what others say from The Power of Noticing by Max Bazerman

http://www.strategy-business.com/article/ac00063?gko=efb9e&cid=BL20140925&utm_campaign=BL20140925

2. How Uber CEO Travis Kalanick Went From A Startup Failure To One Of The Hottest Names In Silicon Valley

http://www.businessinsider.sg/uber-ceo-travis-kalanicks-success-story-2014-9/#.VCO6pvmSyCk

3. 26 Quotes On Getting Ahead From The World’s Hottest CEOs

http://www.businessinsider.sg/quotes-on-getting-ahead-from-hottest-ceos-2014-9/#.VCO6l_mSyCk

4. 12 Teddy Roosevelt Quotes On Courage, Leadership, And Success

http://www.businessinsider.sg/teddy-roosevelt-quotes-2014-9/#.VCO6WPmSyCk

5. Shortlist unveiled for FT and McKinsey Business Book of the Year

http://www.ft.com/intl/cms/s/0/f8009f8e-43ff-11e4-8abd-00144feabdc0.html#axzz3EJ1IMQtF

6. Review: ‘Leading The Life You Want’ by Stew Friedman

http://www.ft.com/intl/cms/s/0/7017ab04-429b-11e4-9818-00144feabdc0.html#axzz3EIwi0OhO

7. The Intuitive Investor: Non-Attachment Is the Key Intuition Skill

http://blogs.cfainstitute.org/investor/2014/09/24/the-intuitive-investor-non-attachment-is-the-key-intuition-skill/

TMT

1. (China/Tech) – Shorting Alibaba Costs 7% to Borrow Shares After IPO

http://www.bloomberg.com/news/print/2014-09-24/shorting-alibaba-costs-7-to-borrow-shares-after-ipo.html

2. Apple’s Manufacturing Costs Reveal The Profits It Will Make On iPhone 6; You’re paying a whole lot more for iPhone 6 Plus even though it doesn’t cost Apple that much more to make it

http://www.businessinsider.sg/analysis-iphone-6-plus-costs-prices-and-profits-2014-9/#.VCO7vvmSyCk

3. Here Are The Next Three Industries Apple Is Likely To Reinvent

http://www.businessinsider.sg/three-products-apple-is-likely-to-make-2014-9/#.VCO7QPmSyCk

4. The Guy Who Turned Down $500 Million For His Startup Just Landed $1 Billion Valuation; Qualtrics lets companies perform sophisticated employee and customer surveys in the cloud

http://www.businessinsider.sg/qualtrics-becomes-1-billion-business-2014-9/#.VCO5V_mSyCk

5. Rocket Internet: red glare; Lots of good things, and nothing but losses

http://www.ft.com/intl/cms/s/3/80bab180-438c-11e4-be3f-00144feabdc0.html#axzz3EJ1IMQtF

6. MailOnline and the next page for the ‘sidebar of shame’; Martin Clarke has made the MailOnline site a traffic magnet

http://www.ft.com/intl/cms/s/0/cf2e53d2-425e-11e4-a9f4-00144feabdc0.html#axzz3EIwi0OhO

7. (Isia/Tech) – Indonesia’s Telkom set to build 20 “Digital Valleys”

http://e27.co/indonesias-telkom-set-to-build-20-digital-valleys-20140919-2/

Consumer

1. (Japan/Consumer) – Domino’s Revamps Pizza Menus to Win Japan’s Working Women

http://www.bloomberg.com/news/print/2014-09-24/domino-s-revamps-pizza-menus-to-win-japan-s-working-women.html

2. (Consumer) – Tesco May Be Cut to Junk on Overstated Profit Forecast, S&P Says

http://www.bloomberg.com/news/print/2014-09-24/tesco-may-be-cut-to-junk-on-overstated-profit-forecast-s-p-says.html

3. (Consumer/Japan) – 12 Reasons Why Eating At KFC Japan Is Completely Different Than It Is In The US

http://www.businessinsider.sg/kfc-japan-vs-america-2014-9/#.VCO6E_mSyCk

4. United Biscuits shortlists potential buyers including Kellogg’s

http://www.ft.com/intl/cms/s/0/822c9be0-440a-11e4-baa7-00144feabdc0.html#axzz3EJ1IMQtF