Daily Bamboo Innovator Insight: Thurs 20 Nov 2014 – Barefoot to Billionaire: Reflections on a Life’s Work and a Promise to Cure Cancer; Why True Entrepreneurs Go Down ‘and Still Come Back Fighting’; Jon Huntsman Sr. discusses how he built a successful business
November 20, 2014 Leave a comment
Life
The Way Warren Buffett Sold Gum As A 6-Year-Old Reveals A Trait That Made Him A Billionaire: BusinessInsider
How A Top Creative Director Learned To Embrace The Chaos Of Creativity And Make Great Work: FastCompany
Marina Mahathir: Warriors who lack vision: TheStar
How Humans Learn to Communicate With Their Eyes; Human understanding of expressions and what they mean emerges very early: WSJ
This Insight Helped Kobe Bryant Become A Better Leader; “People carry emotions with them. They have lives off the court. That helped me communicate better.”: BusinessInsider
Gregg Popovich Shares His Philosophy On Handling Failure: BusinessInsider
Invisibility lens creator to talk about his work; A Korean-American physicist made headlines in late September when he proved that Harry Potter’s invisibility cloak can exist in the real world: JoongAng
Singapore-Listed GLP Co-Founder Jeffrey Schwartz Dies at Age 55: Bloomberg
7 Successful People Share The Defining Moments That Shaped Their Careers: BusinessInsider
A Programmer Describes How He Nearly Went Insane Learning How To Code, And How To Avoid His Mistakes: BusinessInsider
The 5 Best Ways To Start A Presentation: BusinessInsider
Millionaire YouTube Star Bethany Mota Shares The Secrets To Being Successful Online: Be real and be yourself. Be consistent and upload videos as often as you can. You have to have passion, and refuse to coast. Stay connected with your audience: BusinessInsider
Avoiding the dark side of creativity: TheStandard
Simplify Your Life: FarnamStreet
Family business needs equality not hierarchy: Tim Slattery of Slattery Auctions: BRW
How Do Asia’s Rich View Succession Planning? Forbes
Finding innovative ideas in unexpected places; Looking far outside your own industry can yield surprising solutions to tough problems. Fortune
Why Japan And China Cannot Compete With America in Entrepreneurship: Forbes
A List of Goals Is Not a Strategy: HBR
A corporate balance sheet with a little added love: FT
The Post-PC CEO: No Desk, No Desktop; Starwood’s Frits van Paasschen Turns to Smartphones, Tablets as Primary Work Tools: WSJ
Former Billionaire Batista Faces Insider Trading Trial as Brazilian Middle Class Watches: Bloomberg
Voo Soo Sang, managing director of Woodlands Transport – Singapore’s largest private bus operator with annual revenue of $130m – has not forgotten his humble beginnings.: AsiaOne
The Latest Innovation: Redesigning the Business Model: K@W
Books
Best Business Books 2014: Strategy&
Barefoot to Billionaire: Reflections on a Life’s Work and a Promise to Cure Cancer; Why True Entrepreneurs Go Down ‘and Still Come Back Fighting’; Jon Huntsman Sr. discusses how he built a successful business.: Amazon. K@W
Accelerate: Building Strategic Agility for a Faster-Moving World: Amazon
The Moment You Can’t Ignore: When Big Trouble Leads to a Great Future: Amazon
Joy, Inc.: How We Built a Workplace People Love: Amazon
It’s Not the How or the What but the Who: Succeed by Surrounding Yourself with the Best: Amazon
The Moment of Clarity: Using the Human Sciences to Solve Your Toughest Business Problems: Amazon
Romancing the Brand: How Brands Create Strong, Intimate Relationships with Consumers: Amazon
Business Strategy: Managing Uncertainty, Opportunity, and Enterprise: Amazon
Fewer, Bigger, Bolder: From Mindless Expansion to Focused Growth: Amazon
Tilt: Shifting Your Strategy from Products to Customers: Amazon
The Art of Asking (Signed Edition): How I Learned to Stop Worrying and Let People Help: Amazon
Amanda Palmer on expanding her TED Talk into a book and getting a lesson in vulnerability from Brené Brown: TED
Investing Process & Research
Muddy Waters is Short Superb Summit (1228.HK); Muddy Waters Strikes Again, Says HK-Listed Superb Summit Uses M&A To Fake Books: MW, Barron’s
China’s NVC Lighting ex-CEO, bankers investigated for suspected $100 mln fraud: Reuters, SCMP, IBTimes
McLaren Group has signed an alliance with KPMG to apply the same predictive analytics and technology it does to its Formula One team to KPMG’s audit and consulting clients: FT
What is Special About Hedge Fund Activism? Evidence from 13-D Filings: SSRN
China
Distressed Debt in China? Ain’t Seen Nothing Yet, Buyers Say: Bloomberg
How China Is Disrupting The Mobile And CE Markets: TechCrunch
A conversation with a Melbourne billionaire real estate developer turned unexpectedly to his dislike of Chinese investors. What? Surely he’d welcome Asian buyers? TheAge
Demand for a new stock trading scheme linking Shanghai and Hong Kong has fallen sharply just three days after launch, prompting the head of the Hong Kong exchange to admit that the project was overhyped; Enthusiasm for China Trading Link Fades Further, Exchange Chief Says the ‘Market Is God’. FT, WSJ
What goes up must come down – even China; Regression to mean could spell trouble for Asian powerhouses: FT
Oaktree Capital to Exit Taiwan’s Fusheng Group at $1 billion; Oaktree owns a 48% stake in the conglomerate, which manufactures golfing equipment, industrial air compressors, and electronic products: WSJ
China Wages Policy Backfires as Costs Prompt Sock-City Blues: Bloomberg
Rule of law in China? Still a long way to go: AsiaOne
How China’s Economy Can Weather a ‘Long, Slow Fall’: K@W
India
Cheap Electricity for Poor Squeezing Out Solar in India: Bloomberg
Indian retailers hobble online as e-commerce firms race ahead: Reuters
India Regulator Approves New Insider-Trading Rules: WSJ
Japan & Korea
Takata’s Switch to Cheaper Airbag Propellant Is at Center of Crisis; Takata switched to ammonium nitrate, which is cheaper but is highly sensitive to temperature changes and breaks down over time: NYTimes
Big macro trade is way to profit in Japan; Stock-picking opportunities that are usual in these circumstances are hard to identify: FT
As Yen Slides, Investors Shun Other Asian Currencies: WSJ
Japan Consumers Feel Squeezed, and That’s a Problem for ‘Abenomics’; Big Challenge for Prime Minister Shinzo Abe Is Restoring Confidence and Lifting Real Wages: WSJ
S Korea chaebol growth model hits limits: FT
AmorePacific rides high on China beauty demand: FT
The list of malpractices committed by a subsidiary of state-run Korea Electric Power Corporation (Kepco) underscores how corrupt a state entity can be when it is left unsupervised: JoongAng
Korea History Points to Samsung Reviving Failed Merger: Bloomberg
ASEAN
District Thai: ‘Hunger Games’ Comes to Life in Defiant Salute to Coup Leader: Bloomberg
Growth Isn’t God in Indonesia: Bloomberg
Indonesia Rally on Fuel Masks Dim Profit Outlook: Bloomberg
S’pore tops Asia-Pac in corporate governance: study; Recent revisions to the CG Code and the SGX Listing Rules have enhanced the CG landscape here; UK pips US to lead global ranking: BT
Bursa wants feedback on ACE Market to enhance competitiveness: TheStar
AirAsia X, the long-haul, low-cost affiliate of AirAsia, facing trouble paying staff salaries: AsiaOne
Macro
Buy Emerging Market Stocks Says Value Investor Rob Arnott; As money flows to America, Research Affiliates’ iconoclast Rob Arnott recommends heading overseas. Barron’s
Robert Horrocks on the Promise of Asia Markets; Matthews Asia’s CIO sees rising wages and reform helping Asian consumers. Some areas he likes now. Barron’s
In a City Wary of Skyscrapers, a New Tower May Rise; first skyscrapper in Paris in 40 years: NYTimes
Half of British people expect another global crash in next 12 months: FT
Sweden’s central bank: Stockholm syndrome; Swedish experience puts the Riksbank at the fore on crisis-fighting measures: FT
Fresh SEC crackdown on ‘flash crashes’: FT
Some business owners are rethinking how-and on what terms-they will sell their firms to employee-stock-ownership plans in the wake of a Labor Department crackdown on inflated valuations that could jeopardize worker savings.: WSJ
Irish Bubble Deja-Vu Again Unites Bankers, Politicians: Bloomberg
TMT
India’s Micromax Seeks to Challenge Samsung With Premium Unit: Bloomberg
‘People Don’t Tune In To FM Just For Music’: Forbes
Alibaba facing its ‘most dangerous’ moment says Jack Ma: TheAge
Tourists Discover German Legal Quirk Deters Free Wi-Fi: Bloomberg
Searching For Truths In Big, Enormous, Massive Data: TechCrunch
Google to launch its app store in China: The Information: Reuters
Inside Apple’s Broken Sapphire Factory; How $1 Billion Bet on iPhone Screens Failed; The ‘Boule Graveyard’: WSJ
MailOnline Wins Readers, Will Target Profit; Aggregation Approach, Focus on Scandal and Celebrities Pay Off: WSJ
Global Forum in China Examines the Web; Chinese Regulators, Executives Assert Rise of a Carefully Filtered Internet: WSJ
Healthcare
Drug summit aims to inject urgency into innovation: FT
Lambda promises to speed cloud software development to help Parkinson’s sufferers; Imagine a software platform so smart, it can take care of all the data analysis needed to allow Parkinson’s disease researchers to find a cure: TheAge
Energy & Commodities
Oil at $75 Means Patches of Texas Shale Turn Unprofitable: Bloomberg
Cheap-Oil Era Tilts Geopolitical Power to U.S.: Bloomberg
Iron Ore’s Rout Seen Relentless by SocGen as Miners’ Stocks Fall: Bloomberg
From Iron Awe to Iron Gore; Miners hurt as iron ore hits fresh five-year low. Will someone blink first and cut supply? Barrons
Petrobras May Write Off Up to $15 Billion on Audit: Bloomberg
Commodities catastrophes could cost banks up to $15bn: FT
Asian Rubber Producers Agree to Manage Exports to Fight Oversupply: JakartaGlobe
Plump profit margins in the US chicken business may be about to fly the coop, a top food and agriculture investor warned as he hinted at listing shares in a poultry producer he controls. FT
Goldman, Morgan Stanley Commodities Heyday Gone as Units Faulted: Bloomberg
Iron ore slump halves Andrew ‘Twiggy’ Forrest’s fortune: TheAge
Consumer & Others
Exercise in a Bottle Is Next Food Frontier for Nestle: Bloomberg
Shariah Beer Thirst Shows Halal Stock Promise: JakartaGlobe
For Coke, Smaller Packages May Be Better; Soda Giant Increasingly Pushes Smaller Sizes as Consumers Fret About Calories: WSJ
Victoria’s Secret Has A Billion-Dollar Strategy For Casting Models: BusinessInsider
Cavernous Stores Wear on Forever 21; Teen Retailer Faces Challenge Filling Expansive Floor Space With Right Merchandise: WSJ
Will Tesla have to franchise? Elon Musk has said that Tesla may be easing up on its franchise policy. Here’s what it means for the company. Fortune
Where Wal-Mart Can’t Beat the Dollar Stores; Dollar General and Dollar Tree are better alternatives for exposure to the lower-income consumer. Barron’s