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
December 5, 2014 Leave a comment
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