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

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

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About bambooinnovator
Kee Koon Boon (“KB”) is the co-founder and director of HERO Investment Management which provides specialized fund management and investment advisory services to the ARCHEA Asia HERO Innovators Fund (www.heroinnovator.com), the only Asian SMID-cap tech-focused fund in the industry. KB is an internationally featured investor rooted in the principles of value investing for over a decade as a fund manager and analyst in the Asian capital markets who started his career at a boutique hedge fund in Singapore where he was with the firm since 2002 and was also part of the core investment committee in significantly outperforming the index in the 10-year-plus-old flagship Asian fund. He was also the portfolio manager for Asia-Pacific equities at Korea’s largest mutual fund company. Prior to setting up the H.E.R.O. Innovators Fund, KB was the Chief Investment Officer & CEO of a Singapore Registered Fund Management Company (RFMC) where he is responsible for listed Asian equity investments. KB had taught accounting at the Singapore Management University (SMU) as a faculty member and also pioneered the 15-week course on Accounting Fraud in Asia as an official module at SMU. KB remains grateful and honored to be invited by Singapore’s financial regulator Monetary Authority of Singapore (MAS) to present to their top management team about implementing a world’s first fact-based forward-looking fraud detection framework to bring about benefits for the capital markets in Singapore and for the public and investment community. KB also served the community in sharing his insights in writing articles about value investing and corporate governance in the media that include Business Times, Straits Times, Jakarta Post, Manual of Ideas, Investopedia, TedXWallStreet. He had also presented in top investment, banking and finance conferences in America, Italy, Sydney, Cape Town, HK, China. He has trained CEOs, entrepreneurs, CFOs, management executives in business strategy & business model innovation in Singapore, HK and China.

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