Daily Bamboo Innovator Insight: Sun 16 Nov 2014 – The New China? Surging exports are making Vietnam, Cambodia, Laos, and Myanmar dynamic economic rivals to their much larger neighbor

Life

Welcome to the Failure Age! In this economy, losers will be the biggest winners. NYTimes

Three years ago, Matt Haag was flipping burgers at McDonald’s. Today he makes his living playing video games and has 1.5 million YouTube subscribers and a million-dollar income: NYTimes

How successful people stay productive: Quartz

3 Reasons You Can’t Just Ask Customers What They Want: TechCrunch

One way to lose money even when you’ve made 5000% on your home: FP

Why You Don’t Want to Give Financial Information to All of Your Investors + How founders get screwed on convertible notes: Both Sides of the Table

Lessons from rainbow: Even in the midst of an impending storm, something beautiful and colourful can emerge. TheStar

Amanda Palmer on the Art of Asking and What Thoreau Teaches Us about Accepting Love; “You’re an artist when you say you are. And you’re a good artist when you make somebody else experience or feel something deep or unexpected.” BrainPickings

Rewriting the Book of Belonging: Anne Lamott on the True Gift of Friendship and the Uncomfortable Art of Letting Yourself Be Seen; “Trappings and charm wear off. Let people see you.” BrainPickings

The Language of Lying: Animated Primer on How to Detect Deception: BrainPickings

Diane Ackerman on What Working at a Suicide Prevention Hotline Taught Her about the Human Spirit: BrainPickings

Adrienne Rich on Lying, What “Truth” Really Means, and the Alchemy of Human Possibility: BrainPickings

The Fluid Dynamics of “The Starry Night”: How Vincent Van Gogh’s Masterpiece Explains the Scientific Mysteries of Movement and Light; “In a period of intense suffering, Van Gogh was somehow able to perceive and represent one of the most supremely difficult concepts nature has ever brought before mankind.” BrainPickings

The Day Dostoyevsky Discovered the Meaning of Life in a Dream: BrainPickings

Showroom vs. Sanctuary: Rebecca Solnit on What Our Dream Homes Reveal about Our Inner Lives: BrainPickings

The Day Dostoyevsky Discovered the Meaning of Life in a Dream: BrainPickings

Pico Iyer on What Leonard Cohen Teaches Us about Presence and the Art of Stillness; “Faith is the ability to honor stillness at some moments, and at others to ride the passion and exuberance.” BrainPickings

Failure Has Never Been More Successful; With Fuck-Up Nights and Other Storytelling Venues, People Are Sharing Stories of Business Disasters Like Never Before: Fast Company

Books

The Innovation Paradox: Why Good Businesses Kill Breakthroughs and How They Can Change: Amazon, CFA

China

Swat the “flies” dead; In China many “flies”, political jargon for corrupt low-ranking officials, have grown bigger than the tigers by feeding on money. Xinhua

Beijing denies blocking G20 graft initiative on shell companies and hidden assets: SCMP

Loss prevention safeguards key to SOE reform in China: WantChinaTimes

Economic integration: The flying factory; Asia has built a web of economic interdependence which China would be ill-advised to unravel: Economist

India

Change Of Guard At Havells – India’s Leading Electrical Goods Company: Forbes

Japan

‘Godfather’ of Abenomics: Japan’s sales tax hike must be delayed; Koichi Hamada, one of the key architects of Abenomics, says Japan’s “Ponzi game situation” will be made worse if policymakers go ahead with second hike: Telergraph

ASEAN

The New China: Surging exports are making Vietnam, Cambodia, Laos, and Myanmar dynamic economic rivals to their much larger neighbor. Barron’s

Australia

Aussie fat cats rake in super-sized fees; Brycki’s study of 496 of Australia’s largest managed funds found that no less than 45 per cent of returns were frittered away in fees in five years: TheAge

Aussie Budget cuts spark fears of muzzled watchdogs: TheAge

Macro

Banking is changing, slowly, but its culture is still corrupt: Guardian

Height of ambition, or of folly? London’s rising skyline knows no limit: Guardian

Keeping Active: The $2 trillion exchange-traded fund industry offers specificity and flexibility, but these experts haven’t ruled out active management. Barron’s

Pandora’s Box Or Panacea? Lessons From The U.K.’s Liberalization Of Law-Firm Ownership: Forbes

Oil-Producing Countries’ Currencies Are Getting Crushed; oil exporters are now pulling liquidity out of financial markets rather than putting money in: Zerohedge

TMT

Henry Blodget: Now I Know Why Investors Are Going Hog Wild About Uber; How Uber Is Changing the U.S. Economy Like No One Ever Imagined: BusinessInsider, TheStreet

Apple Pay Gives Glimpse of Mainstream Appeal for Mobile Payments: NYTimes

Energy & Commodities

In Oil’s Slide, Echoes of a Fall; Adapted From the Paperback Edition of ‘The Frackers: The Outrageous Inside Story of the New Billionaire Wildcatters: WSJ

Oil and water: North America’s energy revolution will have a ripple effect around the Pacific: Economic Times

Consumer & Others

Supermarkets could start to close, warns Waitrose boss; The ‘Big Four’ grocers may be forced to close existing stores as the industry struggles to cope with falling sales and profits: Telegraph

Mike Ashley looks to add Kitbag to sportswear empire; Sports Direct is circling Findel’s Kitbag, which sells replica football strips for major teams including Manchester United: Telegraph

Savile Row tailor fears overseas threat to rich tapestry of tradition; Shirtmaker believes buyouts detract from street’s fashion cachet, with only two family-owned tailoring houses left on Savile Row: Guardian

Carolyn McCall’s easyJet success could catch the eye of a retailer: Telegraph

Caesars warns of potential casino bankruptcy: Fortune

Brunswick, the maker of Boston Whaler boats and Mercury engines has restructured, which is beginning to pay off. Barron’s

Cummins: Plenty of Gas in the Tank: Barron’s

Vail Resorts’ CEO: Transforming the Business of Skiing:  Barron’s

McDonald’s Won’t Buy Simplot’s GMO Potato: WSJ

Investing Process

A Dozen Things I’ve Learned From Henry Singleton About Value Investing & Venture Capital: 25iq

Top Lessons Learned From Great Angel Investors: RobGo

Building a Better Beta: Combining Fundamentals Weighting, Low Volatility, and Momentum Strategies: Research Affiliates

The Lesson of Forex Trading: Learn From Your Losses: WSJ