Daily Bamboo Innovator Insight: Thurs 4 Dec 2014 – Anta Denies Report Chairman Disappears – Shares Plunged and Then Halted; Police probes China shadow bank collapse – Failure highlights risks lurking in fringes of financial system

Life

Test-tube government: Governments are borrowing ideas about innovation from the private sector: Economist

6 Highly Influential People Share Their Favorite Books: BI

Apple Co-Founder Says The Famous Garage Where He Started Apple With Steve Jobs Is ‘A Myth’: BI

Was Gutenberg really the original tech disrupter?: FT

A hostage negotiator’s business tips; From mediating the release of captives to training executives: FT

If You Want Your Brand To Succeed, Make It Aspirational, Not Inspirational: FastCo

Magna Carta: The Rule of Law’s foundation: Star

Secrets of the world’s top whisky: Japanese water and Spanish casks: Reuters

How to Avoid Bad Investments in Good Ideas: Strategy&

The Newest B-School Brag: Alumni Startups; Harvard, Columbia Track Venture-Capital Money as Another Measure of Graduates’ Success: WSJ

How to be a top entrepreneur: No matter what obstacles they face, they always rise by Bryan Zekulich is EY’s entrepreneur of the year leader for Oceania. TheAge

Miami’s billion-dollar art fair becomes platform for selling everything: Reuters

CEO Succession: Is A Handpicked Successor Warranted? ValueWalk, Stanford

Leon Cooperman: Value Investing in Practice: ValueWalk. PDF

For Tim David’s Next Trick, ‘Magic Words’ That Get People to Do What You Want: Amazon, NYTimes

Learn from the losers; Kickended is important. It reminds us that the world is biased in systematic ways: TimHarford

Books

Performing Under Pressure: The Science of Doing Your Best When It Matters Most: Amazon

How to Fly a Horse: The Secret History of Creation, Invention, and Discovery: Amazon

33 Artists in 3 Acts; the story of the artists themselves—how they move through the world, command credibility, and create iconic works: Amazon

The Road to Character: The Humble Journey to an Excellent Life: Amazon

Collaborative Intelligence: Four Influential Strategies for Thinking with People Who Think Differently: Amazon

The Eureka Factor: Aha Moments, Creative Insight, and the Brain: Amazon

Bold: How to Go Big, Create Wealth and Impact the World: Amazon

The Leadership Handbook: 26 Critical Lessons Every Leader Needs: Amazon

15 Of The Best Business Books Coming Out In 2015: BI

Family Business Governance: Maximizing Family and Business Potential (Family Business Leadership): Amazon

Family Business Succession: The Final Test of Greatness (Family Business Leadership): Amazon

Succession: Mastering the Make-or-Break Process of Leadership Transition: Amazon

Magic Words: The Science and Secrets Behind Seven Words That Motivate, Engage, and Influence: Amazon

Key to Growth: A License to Kill; One of the best ways to boost your company’s capacity to execute new growth strategies is by killing legacy projects. CFO

Investing Process

The Art of Variant Perception from Michael Steinhardt: FirstAdopter

Take your pick: The key to stockmarket success is avoiding the worst sectors: Economist

China

Anta Denies Report Chairman Disappears; Shares Plunged and Then Halted: Bloomberg

Police probes China shadow bank collapse; Failure highlights risks lurking in fringes of financial system: FT

Best Buy sells rump of Chinese business: FT

China to take Taiwan by 2050, says India’s air force chief: WantChinaTimes

Adidas and Nike open stores in China aimed solely at women: WantChinaTimes

Xiaomi’s Lei Jun Is Forbes Asia’s 2014 Businessman Of The Year: Forbes

Cash-strapped Chinese companies have found a way to keep bondholders happy. Sell stock at a discount to shareholders and use proceeds to repay debt: Bloomberg

China Wants What’s in Your Phone as Chips Replace Oil: Bloomberg

Xi’s Cultural Revolution Is Doomed to Fail: Bloomberg

With No Revenues And Scandal, Chinese ‘MOMO’ Plans IPO: ValueWalk

India

Motorbikes in India: Coming out for a Hero; One of the world’s biggest motorcycle makers wants to become even bigger: Economist

Corporate debt in India: Power cut; Hamstrung banks are a barrier to faster economic growth in India: Economist

United Breweries Founder Vijay Mallya Seeks to Avoid Willful Defaulter Tag: WSJ

End of the road for Delhi’s old cars as India battles smog: AsiaOne

Japan & Korea

Green Cross Corp. President Cho Soon-tae will receive the highest award given to entrepreneurs during the 51st Trade Day ceremony: KoreaTimes

Japan’s Economic Dilemma: Comfortable Decline or Painful Revival? WSJ

ASEAN

Thai junta bolsters royalist credentials amid crackdown on dissent and succession uncertainty: FT

Forbes Indonesia 50 Richest: Forbes

When Even $7 Trillion Isn’t Enough; Southeast Asia plans to spend an estimated $7 trillion over the next 15 years upgrading infrastructure. There’s a real risk the money may go to waste. Bloomberg

China Car Dealers Ask BMW to Hit Brakes on Sales Targets as Market Stalls: WSJ

Macro

Private equity: Last hurrah; When buy-out funds throw good money after bad: Economist

The transformation of cities: A suburban world; The emerging world is becoming suburban. Its leaders should welcome that, but avoid the West’s mistakes: Economist

Putin threatens crackdown on currency speculators: FT

An active headache for fund managers: FT

World’s Richest Families Warned of Impact-Investing Hype: Bloomberg

Private-equity firms are starting to feel the effects of a U.S. regulatory crackdown on banks that finance debt-fueled corporate takeovers. WSJ

SEC on Lookout for Web-Based Pyramid Schemes; Regulators Say Direct-Sales Industry Is Being Exploited: WSJ

James Montier: “Stocks Are Hideously Expensive” In “The First Central Bank Sponsored Bubble”: FUW

Family Offices, Like Pension Funds, Develop Appetite for Direct Investing? ValueWalk

For Brazilians, Pawnshops Are the Antidote to Soaring Interest Rates: NYTimes

Junk Bonds: Go Active, or Don’t Go at All; With a few exceptions, it’s a terrible mistake to own a passive fund that tracks an illiquid market: Morningstar

TMT

Online-advertising fraud: Dial “B” for bot; A dark corner of the digital-advertising business needs cleaning up: Economist

After Years Of Losses Apple Is Starting To Destroy The Market For Android: BI

Barry Diller Says Tinder Succeeded Because IAC Left Its Founders Alone: TechCrunch

Taser aspires to be the Dropbox for cops; Rick Smith’s company is now looking at body cams and digital video storage in defence: Forbes

Hershey turns Kisses and Hugs into hard data: Fortune

Intel-Led Industry Doubles Debt as Growth Options Dwindle: Bloomberg

Healthcare

More Cost of Health Care Shifts to Consumers; High-Deductible Insurance Plans Prompt Some to Delay Treatment: WSJ

Henry Schein: Your dentist’s biggest supplier: Fortune

Ginseng prices kept high by hoarding on part of big pharmas: WantChinaTimes

Energy & Commodities

Saudi Arabia Sees Oil Prices Stabilizing Around $60 a Barrel; OPEC’s Biggest Oil Producer Isn’t Likely to Push for Production Cuts as a Result: WSJ

Shale oil: In a bind; Will falling oil prices curb America’s shale boom? Economist

The new economics of oil: Sheikhs v shale; The economics of oil have changed. Some businesses will go bust, but the market will be healthier: Economist

Flow of Opec petrodollars set to dry up; Collapse in oil price could suck $316bn from global investment: FT

Extreme oil bears bet on $40 crude: FT

Asian oil refiners get limited benefit from crude slide: Russell: Reuters

There Are 300,000 Iraqi Barrels Signaling Oil Glut Will Deepen: Bloomberg

OPEC Inaction Fuels Political Risks for Companies: WSJ

Sub-$50 Oil Surfaces in North Dakota Amid Regional Discounts: Bloomberg

Will Amazon Succeed in Selling Local Services? K@W

Want to Create the Next Great Software Product? Don’t Try to Innovate: K@W

Do You Feel IoT Device Fatigue Yet?: EETimes

Consumer & Others

McDonald’s Menu Problem: It’s Supersized; With 121 Menu Options, Kitchen Service Slows; McWrap as a ‘Showstopper’; the complexity has slowed the average speed of drive-through service: WSJ

Cheaper beans set to dominate as Asians thirst for instant coffee: Reuters

Luxottica signs deal with Intel to develop hi-tech glasses: Reuters

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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