Daily Bamboo Innovator Insight: Fri 21 Nov 2014 – Passion for Reality: The Extraordinary Life of the Investing Pioneer Paul Cabot

Life 

The tyranny of the long term: Let’s not get carried away in bashing short-termism: Economist

How A Top Creative Director Learned To Embrace The Chaos Of Creativity And Make Great Work: FastCo

Boxing: Pacquiao, the street kid who conquered the world: AsiaOne

SEC official: Stop spending time writing rules to protect millionaires: Reuters

Quantum biology: Nature, the physicist; How quantum theory is helping to explain the mysteries of life science: Economist

5 Books Celebrity Life Coach Tony Robbins Thinks Everyone Should Read: BusinessInsider

What It Was Like To Hear Jeff Bezos Pitch Amazon In 1994: BusinessInsider

The Secret To Creating A Huge Company, According To Peter Thiel: BusinessInsider

Warren Buffett Had An Epiphany At Age 10 That Set Him On The Path To Being America’s Second-Richest Man: BusinessInsider

Jim Parsons, ‘Big Bang Theory’ Star, to Promote Intel as Innovator: NYTimes

Love and Gravity: Christopher Nolan’s “Interstellar” illustrates how modern science has changed the way we look at love, philosophy and religion: NYTimes

The Art of Not Working at Work: Atlantic

Stop Worrying About Making the Right Decision: HBR

For Any Product to be Successful, Empathy Is Key: HBR

How to Improve Your Business Writing: HBR

What Net Present Value Can’t Tell You: HBR

The Container Store’s CEO on Finding and Keeping Front-Line Talent: HBR

Half of Employees Don’t Feel Respected by Their Bosses: HBR

Saving SeaWorld: “Performing for food is the worst option of all captive environments.. When you have an entertainment-driven business model, you cannot afford to have a whale not performing up to par. You’ll lose business.”: BW

Sotheby’s Surges As Chairman and CEO Ruprecht Steps Down Amid Board Pressure; Sotheby’s shares surged over 7% in after-hours trading on its announcement of a pending CEO change.: Forbes, WSJ

Lavish Perks Spawn New Job Category; At Tech Companies, Aim-to-Please Specialists Provide Yoga Classes, Jell-O Shots: WSJ

From bottom to top: Turning around the top team; A case study of change at Philips illustrates the importance of the “soft stuff.”: McKinsey

The Common Traits Of The Most Successful People; Do you have a routine for focus and a feeling of connectedness in your work? These great innovators had these traits in common: They are emotionally committed: FastCo

Books

Passion for Reality: The Extraordinary Life of the Investing Pioneer Paul Cabot: Amazon

400 Things Cops Know: Street-Smart Lessons from a Veteran Patrolman; ‘400 Things Cops Know’ Is the New Bible for Crime Writers: Amazon, WSJ

When Books Went to War: The Stories that Helped Us Win World War II; How Paperbacks Helped the U.S. Win World War II; Armed Services Editions created a new audience of readers back home: Amazon, WSJ

Investing Process

Tiger Global used shell company to short sell Quindell: FT, ValueWalk

Ebola becomes latest stock scam, SEC says: Reuters, CFO

Why Should an Investor Consider International Small-Caps? A conversation between David Nadel and Francis Gannon: Royce

Blowing the whistle on Sinoref: Webb

When Activist Investors Target Strong Companies: NYTimes

China

Half of Chinese provinces deserve junk ratings, S&P warns: FT

Distressed Debt in China? Ain’t Seen Nothing Yet, Buyers Say: Bloomberg

Aldi plans China move: Guardian

Rich values, poor rules dog Hong Kong-Shanghai stock volumes: Reuters

Ghosts Create Bargains in Hong Kong Housing: BW

Google Looks to Get Back Into China; Company Hopes to Unveil New Store in Country It Mostly Exited in 2010: WSJ

BMW Plays Catch-Up in China; Despite Good Reputation, Car Maker Faces Strong Competition From VW’s Audi: WSJ

Hong Kong-Shanghai Stock Connect Needs China Reforms; Simply Opening the Gates to Shanghai Doesn’t Guarantee a Flood of Investors: WSJ

Hedge Hunters Double China’s Default-Swaps as Views Split: Bloomberg

China Starts $2 Trillion Leap Forward to Slash Pollution: Bloomberg

China’s Financial System Shows Fresh Signs Of Stress; Banks Charge Sharply Higher Borrowing Costs Ahead of Share Offerings, Tax Payments: WSJ

PBOC Targets Bad Loans With Rate Cut as Property Slump Deepens: Bloomberg

India

How GIS mapping could end corruption in India: e27

Drinks groups push for inclusion in simplified India tax system: FT

Modi Presses Reform for India-But Is it Enough? WSJ

Modi Races to Give Indians Biometric IDs in Graft Fight: Bloomberg

Japan & Korea

Japan’s stimulus plan is not courageous but foolhardy; Abenomics in Peril; Japan’s No. 1 Reflationist Does a Victory Dance: FT: BW, WSJ

Deregulation at heart of Japan’s new robotics revolution: Reuters

Weed out ‘zombie firms’: Korea’s currency crisis in the late 90s was attributed partly to the government’s failure to deal with nonviable companies: KoreaTimes

AB InBev seizes full control of its Korean unit Oriental Brewery OB: KoreaTimes

Outside directors face tougher regulations in Korea; Korea adopted the system of outside directors in 2000, following the 1997-98 Asian financial crisis in order to keep management in check: KoreaTimes

Getting crafty with ideas at Maker Faire Tokyo: JapanTimes

Japan needs to begin thinking outside the box: JapanTimes

Temp workers’ strike halts school meals in Korea: AsiaOne

Japan Should Be More German: Bloomberg

Korean Unification Costs Clouded by Dearth of Data on North: Bloomberg

ASEAN

The Singaporean government has won praise for good administration but it seems to have lost the ability to sense the pulse of the people: TheStar

‘Hunger Games’ Keeps Inspiring Coup Resistance in Thailand: Bloomberg

Malaysia Scraps Fuel Subsidies as Najib Ends Decades-Old Policy: Bloomberg

Vietnam’s state firms: Excess baggage; The 400 firms the government wants to part-privatise are mostly unappealing: Economist

Jokowi Raises Hackles With Choice of Attorney General; Just a Pawn: Critics say the new attorney general will be beholden to party interests and is hardly thebest person for the job; A Clean Attorney General’s Office Is Now Just a Pipe : JakartaGlobe

‘Batman’ Jokowi Inaugurates ‘Robin’ Basuki as Jakarta Governor: JakartaGlobe

TDSR running out of steam in bringing down housing prices in Singapore?: TODAY

Electronic products from Malaysia may face restrictions in entering the United States should the country be placed on a watch list by the US authorities on Dec 1. TheStar

Tony Fernandes to play bigger role in turning AirAsia X around: TheStar

L&H eyes Bt10-billion hospitality REIT in 2015: Nation

Indonesia Rally on Fuel Masks Dim Profit Outlook: Bloomberg

Macro

Government-controlled firms: State capitalism in the dock; The performance of state-owned enterprises has been shockingly bad: Economist

FX War Reaps Collateral Damage Across Asia; South Korea, Taiwan on alert as Japan and Europe battle to weaken their currencies. Exporters set to profit.: Barron’s

Thinking outside the Bank: Powerful central banks are subject to their own biases and failings: Economist

Business-development companies: Shadowy developments; In the gap left by embattled banks, an alternative emerges: Economist

Cool watches, real jobs: How makers are reshoring American know-how: Quartz

EM corporate hard-currency debt: a bank run in the making? FT

Concern rises as cracks appear in Nordic model; Cracks are beginning to appear in the vaunted Nordic model. FT

The Stockpicker’s Last Stand; After suffering outflows of $250 billion from 2008 through 2013, Capital Group is trying to regain investor confidence.: BW

Smaller companies are not keeping up with larger rivals in adopting new internal controls framework, known as COSO 2013, as the first line of defense against fraud and financial misstatements as the Dec. 15 deadline approaches. WSJ

Pentagon Presses Contractors to Innovate; U.S. Defense Department Worries About Loss of Military Superiority: WSJ

Winner Take All in Asset Management

TMT

Mobile telecoms: The endangered SIM card; Moves to reinvent, or even abolish, the SIM card could have big consequences: Economist

Mobile payments: The cheque is in the tweet; Sending and receiving money on your smartphone is getting easier: Economist

Analytics Meets Mother Goose; Want to get your point across about data? You’d better learn to tell stories. MITSloan

Catching Up with Scantily Clad Analytics Emperors: MITSloan

Practically Every Notable Founder In Silicon Valley Just Invested In This Payroll Startup: BusinessInsider

Intel CEO: We’re ‘Not Ashamed’ Of How Far Behind We Are In Mobile: BusinessInsider

Apple is already using one-fourth of the world’s sapphire supply: Quartz

Inside Elon Musk’s $1.4 Billion Battery Plant in the Nevada Desert: Fortune

EBay retools local delivery push in renewed bet on retail: Reuters

Blockbuster military shooter video game “Call of Duty” has blasted past US$10 billion (S$13.01 billion) in lifetime sales, propelled by demand for the latest instalment in the 11-year-old franchise: AsiaOne

Will Microsoft’s ‘Productivity’ Mantra Prove Counterproductive? Microsoft’s new CEO appears to be making good on his mobile-first promise. Now he has to persuade people to care. BW

Targeted Ads? TV Can Do That Now Too; Data That Combine Viewing and Shopping Habits Help Marketers Zero In on Hispanic Bacon Lovers: WSJ

Startups Mine Market-Moving Data From Fields, Parking Lots-Even Shadows; Firms Seek Exclusive Insights on Business Outlook for Investors Seeking an Edge: WSJ

Uber’s legacy hangs in the balance: Digital robber baron or respectable innovator?: WaPo

Healthcare

Antibodies v bacteria: Making resistance futile; A new way to fight bacterial infections: Economist

Alex Abrahams and Alison Hughes, the two suburban dentists who founded Pacific Smiles in 2003, saw market value of firm climbed to $267m on debut; Pacific Smiles has preferred-provider agreements in place: TheAge

Health Care Needs Less Innovation and More Imitation: HBR

Energy & Commodities

Food supply: Uncharted waters; Consumption of farmed seafood grows amid sustainability concerns: FT

Sashimi Trend Helps Edge Pacific Bluefin Tuna Towards Extinction: JakartaGlobe

Oil Tankers: Ahoy, China! With oil prices off about 30 percent since June, China is importing record amounts of crude to build up a strategic reserve. Cheap fuel is giving tanker companies their best profits in years.: BW

Oil at $75 Means Patches of Texas Shale Turn Unprofitable: Bloomberg

Consumer & Others

Fund managers buying Middleby, heat behind the fast-casual trend: Reuters

Don’t blame a change in shopping habits, Britain’s supermarkets just got it so wrong; strategic blunders, rather than a change in shopping habits, is at the centre of their problems: Telegraph

The Big Business of Ugly Christmas Sweaters; Novelty holiday apparel is helping entrepreneurs pay college tuition and quit their jobs as lawyers and endodontists. BW

Heineken Wants to Play Santa With an At-Home Beer Tap; Heineken is rolling out an elegant $314 home beer tap in Europe. It can be used to serve nine different brews. BW