Bamboo Innovator Daily Insight: 21 Jan (Wed) – It’s More Important To Be Brave Than Smart, Says Top VC Ben Horowitz; Starting and running a successful business is less about your brains and more about your guts. The biggest challenge for entrepreneurs is to keep your own mind from attacking you
January 21, 2015 Leave a comment
Life
It’s More Important To Be Brave Than Smart, Says Top VC Ben Horowitz; Starting and running a successful business is less about your brains and more about your guts. The biggest challenge for entrepreneurs is to keep your own mind from attacking you: BI
Why Some Things Catch On And Others Flop: BI
Entrepreneurs who curb their ambition to be happy instead; Quiet industries and locations have advantages, especially compared with the madhouse of London: FT
DIY vs Delegate: AVC
13 Questions You Should Be Asking Your Employees To Create A Culture Of Growth: Forbes
Tesco, Terry Leahy and the importance of keeping shtum; Keeping quiet can be painful for ex-CEOs, but it is likely to be better in the end: FT
40 brilliant idioms that simply can’t be translated literally: TED
How to Trick Yourself into Doing Tasks You Dread: HBR
New strategies needed as Third Industrial Revolution unfolds: SCMP
Scientists Have Finally Explained Why Helicopters Are So Loud: BI
Books
Better Than Before: Mastering the Habits of Our Everyday Lives: Amazon
Do the KIND Thing: Think Boundlessly, Work Purposefully, Live Passionately: Amazon
The Like Switch: An Ex-FBI Agent’s Guide to Influencing, Attracting, and Winning People Over: Amazon
Make Your Mark: The Creative’s Guide to Building a Business with Impact: Amazon
Greater China
Asian Tycoons Take Note of Li Ka-shing’s Property Move: Bankers Say Heads of Asian Conglomerates Are Looking at Li’s Split: WSJ
Billionaire Li Ka-shing’s Cheung Kong Infrastructure Holdings (CKI) announced a plan to issue 80 million news shares to its controlling shareholder Hutchison Infrastructure Holdings to raise HK$4.6 billion: SCMP
Opaque jobs picture poses hidden threat to China’s ‘new normal’; True employment picture raises questions over slowdown nonchalance: FT
China’s slowdown: From a very big base: Economist
What the Fu? Backlash for Burberry Over Chinese Scarf Design: WSJ
Chinese Milk Is Being Dumped In Fields: Forbes
Chinese property companies are having to turn to more expensive sources of finance as problems at developer Kaisa Group make it increasingly difficult for them to get credit in the offshore market. Reuters
Citic Embraces Change By Selling Stakes: WSJ
TCL’s valuation envy, JD.com looks back on Dangdang: SCMP
Questions That Kaisa Dollar Bondholders Should Ask: Bloomberg
World’s Wildest Stocks Show Chinese Booms and Busts Getting Bigger on Debt: Bloomberg
China Stock Euphoria Fading, 58% of Investors Say Rally Over: Bloomberg
More Casino Losses Seen on Chinese Corruption Crackdown: Options: Bloomberg
Kaisa Said Unable to Repay Trust as Third Party Steps In: Bloomberg
India
Narendra Modi has no room for complacency: FT
India reforms hit political roadblock: FT
Japan & Korea
The Dongwon Education Foundation, established by ocean-industry conglomerate Dongwon Group in 1979, is going through difficult financial times and some of its social services are on a verge of being shut down: JA
Abe’s Japan Is ‘Back’…To ‘Normal’: A Great Tourist Destination; Heading To Fiscal Crack-Up?: Forbes
ASEAN
House Lawmakers Seek to Revive Bank Century Probe: JG
OJK to Let Indonesia Mutual Funds to Invest Abroad: JG
Indonesian govt to tighten rules on minimarkets, protect small kiosks: JP
Red lights blinking on Malaysia’s economic dashboard: TheStar
Malaysia Takes Ax to Budget Amid Oil-Price Jolt; Asia’s Biggest Oil Exporter Slashes 2015 Spending Amid Sharply Lower Crude Prices: WSJ
Macro
SEC Gets Busy With Accounting Investigations: WSJ
Does the Dollar Have Even Further to Go? A Widely Held View Among Strategists and Investors Is That the Dollar Will Rise Further, But There Are Serious Implications: WSJ
Fraudsters will take advantage of reforms that give people more control over their retirement savings, industry figures and regulators fear. “It is a racing certainty that fraudsters are going to make hay in this environment” : FT
Forex turmoil brings regulatory issues into sharp focus; Most UK operators are based offshore away from regulator’s scrutiny: FT
Macquarie fares better than peers through diversifying: TheAge
Bombardier Inc losing market’s confidence when it needs money more than ever: FP
An appeals court decision that reversed the insider trading convictions of two hedge fund managers has been the equivalent of dropping a big rock into a calm lake as the waves keep spreading to other cases. NYT
Futures Regulator to Review Leverage Limits for Retail FX Trades: Move Follows Market Volatility Stemming From Surge in Swiss Franc: WSJ
Is Dollar Next? Investors Reassess After Swiss Shock: Currencies: Bloomberg
How Swiss Shock Humbled the King of Leveraged Currency Trading; FXCM Owners Are Almost Wiped in Swiss Franc Turmoil: Bloomberg1, Bloomberg2
Compliance Is New Buzzword in Scandal-Ridden Brazil: Bloomberg
Energy & Commodities
Crude Collapse Has Investors Braced for ’80s-Like Oil Casualties: Bloomberg
TMT
A New Apple Patent Reveals How You Could Control iOS And Mac Devices With Your Eyes: BI
Can we code? Yes we can! Facets of software technology have recently become exponentially more accessible: FT
Big data tops humans at picking ‘significant’ films: study: Reuters
The Two-Day Laptop Battery Is Here: WSJ
Consumer & Others
A taste of the Nando’s secret sauce: The Johannesburg café that grew into a global fast-food chain: FT
The Real Reason Behind McDonald’s And Burger King’s Chicken Nugget War: BI
Business not so sweet for another confectioner: TheAge
Fashion’s comeback king: Umberto Angeloni set to repeat success of Brioni: Forbes
Burger Bubble: Is 1 Shake Shack Really Worth 3.6 McDonald’s?: Forbes
Shareholders Face Quandary in Battle for Family Dollar: NYT