Daily Bamboo Innovator Insight: Mon 17 Nov 2014 – ‘Death bond’ investors face heavy losses up to 70 per cent of their original investment and cannot access their money for at least three years
November 17, 2014 Leave a comment
Life
‘Death bond’ investors face heavy losses up to 70 per cent of their original investment and cannot access their money for at least three years: FT
Buffett’s family business tests the ties that bind; Lawrence Cunningham’s ‘Berkshire Beyond Buffett’ outlines an orphanage for the corporate homeless: FT
7 steps to becoming the next Leonardo da Vinci: Try and obsess over something: Today
The Future of Writing In the Age of Information: FarnamStreet
How to Make a Bestselling Book: Atlantic
Ben Horowitz Lecture 15: How to Manage (Anotated Transcript): StartupClass
Is Entrepreneurship Addictive? Forbes
‘Don’t think, just play’: MIT engineers football success: Reuters
The Knowledge, London’s Legendary Taxi-Driver Test, Puts Up a Fight in the Age of GPS: NYTimes
If active managers’ fees were a country, it would have the GDP of Switzerland: TheReformedBroker
Marcus Aurelius: Debts and Lessons: FarnamStreet
How This 25-Year-Old Made $66,000 In A Month By Teaching An Online Course: BusinessInsider
“I don’t know” and the need for humility in an unprecedented era. InstitutionalInvestor
Follow These 10 Steps To Achieve Transformational Change: Forbes
The Great Escape Business; In troubled times, corporate evacuation planners are thriving. Fortune
Small businessman’s Chinese Dream; public thought he was crazy to give up an engineering job to start a small grilled pig trotter business in Shanghai and now he earns over 8x than before; two-thirds of sales were ordered online: AsiaOne
Spared in war, Italy’s ‘greatest picture’ saved again by benefactor: Reuters
Renowned Buddhist leader Sik Kok Kwong, co-founder of Hong Kong’s largest Buddhist organization, has died at the age of 95. TheStandard
Books
How Great Leaders Think: The Art of Reframing: Amazon
Learn or Die: Using Science to Build a Leading-Edge Learning Organization: Amazon
Investing Process
Norway Wealth Fund Outsmarts Flash Boys as Algorithms Abandoned: Bloomberg
Asia’s Top Investment Managers Focus on Fundamental Value: InstitutionalInvestor
Greater China
Now absolutely everyone can invest in China’s risky, fraud-ridden stock market: Quartz
Shanghai Stocks Out of Step With World Is Key to Allure: Bloomberg
Exploring China’s stock market: Even non-investors can glean insights from the financial statements of the A-Share “small-caps”. Time to brush up on your Chinese and separate the wheat from the chaff: BT
It’s not art thieves but tax evaders the Chinese gov must worry about: WantChinaTimes
Rinehart’s Formula For Success: Feed the Babies; Got Milk? Australian billionaire’s deal to supply China with baby formula shows milk is vital to every portfolio. Barron’s
With 2 New Jets, Chinese Manufacturer May Become Global Contender: NYTimes
China’s New Old Financial Capital; A stock-exchange deal shows Hong Kong’s advantage over Shanghai. WSJ
China’s Shadow Banking Grinds To A Halt As Bad Debt Surges Most In A Decade: ZeroHedge
Chinese policymakers eye e-commerce as linchpin of growth: Reuters
Ting Hsin taking heat over NT$3 billion promised Food Safety Fund (食安基金) to take responsibility for their actions in the food contamination scandal. ChinaPost
Pepsico’s Chinese partner Tingyi hit by downturn: FT
How Taiwan Will Make Its People Think Harder To Stoke The Economy: Forbes
India
Modi Moves Like Jagger as Indian Diaspora Flocks to Sydney: Bloomberg
Indian government: The full lotus; Smaller government? That’s a stretch: Economist
India’s Narendra Modi faces awkward fiscal challenge: FT
India Seeks to Cash In on Global Demand for Ancient Remedies: JakartaGlobe
ASEAN
Tiger Economy Loses Its Roar as Thailand’s Exports Slump: Bloomberg
No one home as Singapore executive condominiums wait for occupants: AsiaOne
Japanese entertainment firms flock to Thailand: Nation
Anies’s Education Reform Quiets Critics; Stressful Exams: Teachers and students are eager to change national exams, which don’t reflect student achievements: JakartaGlobe
Nathaniel Rothschild, the British financier and scion of a centuries-old banking dynasty, has proposed debt-stricken Asia Resource Minerals raise funds in a share sale next year that he’s prepared to underwrite. JakartaGlobe
Smartphones Will Mediate the Future Business Models in Indonesia: JakartaGlobe
Indonesia’s ‘Energy Mafia’ in the Crosshairs: JakartaGlobe
Jokowi Goes All-In on Fuel Subsidies; It’s time to allocate the money spent on the subsidy to more productive uses: JakartaGlobe
Dicey times ahead for gaming sector; The gaming story for the Genting group is far from over, although the jackpot remains a tad elusive for now. TheStar
In lean times, Singapore shopping malls face the problem of plenty: AsiaOne
Japan
Corporate Japan keeps production abroad; Aggressive monetary easing is undermining the yen, but that is not stopping Japanese companies from producing more of their goods overseas. FT
Weak yen fuels Japan Inc: FT
Japan’s Abe should seek more than a mandate if he calls election; It may take a tough tax on accumulated earnings to force businesses to act: FT
Abe is a man on a mission – destination unknown: FT
Korea
Victims in Korea’s pyramid scheme team up to track down con artist: JoongAng
Samsung in internet of things push as phone profits fade: TheAge
IKEA pricing under fire in Korea; IKEA seems to be mimicking Korean conglomerates that “regard local consumers as pushovers.” KoreaTimes
Yen weakness painful for S. Korean companies: Maeil
The Korean government pledged to grow a regional cluster of food businesses, called Foodpolis, into a hub of Northeast Asian food markets. KoreaTimes
Fortress Korea car market cracks under German luxury barrage: Reuters
Australia
Ultranet’s costly failure an education in politics and procurement; Good intentions and vision undermined by cost-cutting and flawed bidding process. TheAge
Australian stocks shine as global dividends get set to hit record $1.4 trillion next year: TheAge
Macro
BoE to come up with anti-orthodox research as a “bulwark against hubris, overconfidence and group-think”. FT
Stringent rules for hedge funds make the financial system fragile; Charging 2 per cent to hold assets when returns are low is wrong: FT
A Call for Stricter Rules for Bankers in Britain: DealBook
Rising dollar America’s currency, everybody’s problem: Reuters
We Need Stock Prices to Fall 25%; At Current Prices, Investors Should Have Mixed Feelings: WSJ
TMT
Virtual Reality Fails Its Way to Success; For decades, V.R. was a complete flop. But now with the nausea-free Oculus Rift, it may be a total win: NYTimes
Little-known Taiwanese chip designer spawns low-priced smartphone boom: Reuters
mAirbus patents flying doughnuts; Experimental design could redefine widebody aircraft: FT
Fuel-cell cars will be commercially viable by 2025: Bosch executive: Reuters
UPS Sees Wider Margins as E-Tailing Nears Business Shipping: Bloomberg
Can Lenovo replicate PC success in smartphone sector? WantChinaTimes
BYD considers joining Ramos to enter tablet computer market; BYD seems to have missed the golden period for entering the consumer electronics market and has put its investment at risk for entering the mature mobile phone market: WantChinaTimes
The Kingmaker Strategy: Pioneered By The Chinese Internet Giants, Coming To America? TechCrunch
Many teachers say the ClassDojo app helps them automate the task of recording classroom conduct, but some critics say such apps are being adopted without sufficiently considering the ramifications for data privacy and fairness. NYTimes
The Web Is Dying; Apps Are Killing It: WSJ
Evernote Chief Executive Phil Libin is focused on making people more productive during a time of rapid technological change. WSJ
Healthcare
Ebola Vaccine Challenge: Motorbikes and Kerosene Fridges: Bloomberg
Alzheimer’s Test Detects Disease Decade Ahead of Onset: Bloomberg
Electrical Scalp Device Can Slow Progression of Deadly Brain Tumors: NYTimes
Anticlotting Push Urged for Heart Patients With Stents: WSJ
Corruption tars drug industry drive to improve access for poor: Reuters
Energy & Commodities
José Manuel Entrecanales, Acciona CEO: establishment eco-warrior; Spanish conglomerate boss does not regret costly bet on renewables: FT
World’s first oil well still bubbling up black gold in Poland: AsiaOne
Falling Oil Prices Test OPEC Unity: WSJ
Shale Boom Helps North Dakota Bank Earn Returns Goldman Would Envy: WSJ
Risk of sour grapes as wine prices continue to disappoint: FT
Diners could soon be paying more for their plate of sushi as the price of fishmeal, the crucial feed for shrimp, prawns and salmon leaps to an all-time high. FT
Standard Chartered Is Stung by Mining Loans; Bank’s Push Into Lending to Commodity Firms Has Contributed to a Jump in Its Soured Loans: WSJ
Consumer & Others
Estee Lauder Cos., seeking to capitalize on Kendall Jenner’s 30 million social-media followers, hired the model to represent its flagship cosmetics brand worldwide. Bloomberg
Law gets fashionable as labels learn to love litigation: France24