Bamboo Innovator Daily Insight: 26 Feb (Thurs) – What to Expect From Buffett’s 50th Anniversary Letter; The dark side of achievement culture; FOMO (fear of missing out) is the enemy of valuing your own time. Value yourself for things that don’t appear on your resume. Find something to believe in; Experience Is Measured In Stories, Not Year

Life

• The dark side of America’s achievement culture; FOMO (fear of missing out) is the enemy of valuing your own time. Value yourself for things that don’t appear on your resume. Find something to believe in. Quartz
• Experience Is Measured In Stories, Not Years: Forbes
• I Don’t Have a Job. I Have a Higher Calling; Some employees balk as many firms-from motorcycles to accounting-step up talk about changing the world: WSJ
• Reforming the Bar Exam to Produce Better Lawyers; A recent overhaul of the test deserves a flunking grade. How about focusing on skills like factual investigation? WSJ
• The personality types of all 50 states: BI
• HSBC, tax and why good companies do bad things; There is a pattern to companies that employ decent people and fall into disgrace: FT
• When Customers Will (Willingly) Pay More for Less: HBR
• Heads of large public firms can avoid responsibility, and keep their bonus: SCMP
• Warren Buffett’s Transparency Problem: Newsweek
• The ‘Big 3’ Mistakes (And Their Fixes) For First-Time Entrepreneurs: Forbes
• Wake-up Call: Why Everyone Needs More Sleep; productivity, creativity and workplace morale are all taking a hit as a quickening capitalist society and the human need for getting to REM jostle for attention. K@W
• An Interview with The Outsiders’ William Thorndike: Motley Fool

Books, Investing Process

• What to Expect From Buffett’s 50th Anniversary Letter: Bloomberg
• The Culture Map: Breaking Through the Invisible Boundaries of Global Business; Why getting drunk is so important in Japanese business relations: Amazon, BI
• Buffett sets sights on German companies: Reuters

Greater China

• Corrupt officials sought sniper kills of Xi Jinping, Wang Qishan: Boxun: WCT
• Hong Kong and Singapore plot divergent fiscal paths: FT
• Rumors of major SOE mergers do the rounds in China: WCT
• The long history of China’s obsession with numbered policies: Quartz
• Closer Look: Local Officials Have Little Love for National Hukou Reform: Caixin
• Minsheng Tries Weathering a Maelstrom; A new shareholder has stepped in and a president has been forced out as winds of change blow through the bank: Caixin
• China drops leading technology brands for state purchases: Reuters
• Forecasting China’s Oil Buying Grows Harder: WSJ
• Communist Party Mints Xi-Branded Slogan: WSJ

India

• Vijay Govindarajan: We need big, bold ideas; This is a make-or-break budget for India. Game-changing innovations to boost the economy are the need of the hour: Forbes

Japan & Korea

• Chinese Tourists Take South Korea’s Jeju Island by Storm: WSJ
• South Korea toughens up on chaebol law breakers: FT
• Lessons from Sony’s fall: Japan’s situation clearly demonstrates the limits of winners who were followers rather than creators. JA
• Samsung gobbles up tech start-ups: KH
• Samsung Electronics and its affiliates are using mergers and acquisitions (M&A) as a new growth tool, a change of strategy pursued by its Vice Chairman Lee Jae-yong: KT
• Under Japanese law, breaks are sacred and standby counts as work: JT
• The Humble Light Bulb Helps Japan Fill Energy Gap Left From Shutting Down Nuclear Reactors: Bloomberg
• South Korea’s Household Debt Balloons on Cheap Credit: WSJ
• Mobile Chat Service KakaoTalk Faces Growing Pains: WSJ
• In Japan, robot dogs are for life – and death: AsiaOne

ASEAN

• The legacy of its founder looms over Singapore; A palpable sense of dissatisfaction exists among the island nation’s citizens: FT
• Thai graft regulator expands its influence: FT
• Forbes Malaysia’s 50 Richest; Oil Burns A Hole; Malaysia’s Billionaires Reel As Ringgit Slips: Forbes
• Kossan’s Lim Kuang Sia Has A Head For Science And Heart In Glovemaking: Forbes
• Jakarta Govt Vows Tough Action on Bootleg Alcohol Producers: JG
• Indonesia Should Find Its Own Educational Path: JG
• Japan’s E-Commerce Giant Rakuten Trains SMEs in Indonesia: JG

Macro

• Crispin Odey “I Am Amazed To See So Many Are Fully Invested Given That Equities Are Already Fighting The Downtrend”: VW
• High costs warning for EU failed trade rules: FT
• Smart beta chipping away at Barclays’ bond index dominance: FT
• Yes, the World Is Out to Get Active Managers: bloomberg
• A dangerous revolt: People are refusing to pay back student loans: WaPo
• Barings’ collapse was the start of the City’s cultural decline; The cultural DNA of the City changed to one that favoured transactions over relationships and short-term results over sustainability: Telegraph
• Should You Cash Out, Like Private Equity? A report that Blackstone and other buyout firms have made huge payouts should give stock investors pause. Barron’s
• Special FX Should Scare Asia’s Borrowers; With 28% of Asia’s corporate loans denominated in U.S dollars, a close eye should be kept on the rising greenback.: Barron’s
• Negative Is the New Zero; Germany sold five-year government debt with a negative yield for the first time; in the longer term, it is storing up problems for investors; the bigger price falls could be in the future if rates ever rise.: WSJ
• Buyout Shops Keep Skin in the Game; Firms increasingly accept buyers’ shares as part of price when selling companies they own: WSJ
• Downgrade of Brazil Oil Giant Stirs Wider Concern: WSJ
• SEC Probes Companies’ Treatment of Whistleblowers; Agency Officials Concerned About Corporate Backlash Against Whistleblowers: WSJ
• Morrison Foester: Overview Of Insider Trading Law: VW
• The corporate watchdog has revealed it exercised “formal legal powers” as part of an expanding investigation into National Australia Bank’s under-fire financial planning division.: TheAge
• Lightning strikes twice: $7m fraud at firm controlled by family of late BRW Rich Lister Allan Scott: TheAge

Energy & Commodities

• That sinking feeling: North Sea oil was a challenge before prices halved. Now the UK industry fears a fatal blow: FT

Healthcare

• So-called basket studies, which group cancer patients in a new way, could revolutionize the path from the lab to F.D.A. approval and market success. NYT

TMT

• Once a pioneer, Google’s now playing catch-up to Apple in mobile payments: Quartz
• Researchers Find Way to Harness Brain to Control Bionic Hands; Fitted With Robotic Hands, Three Austrian Men Are Able to Perform Tasks Such as Buttoning a Coat: WSJ
• What Clever Robots Mean for Jobs; Experts rethink belief that tech always lifts employment as machines take on skills once thought uniquely human: WSJ
• Why Robots Still Can’t Fold Your Laundry; Machines struggle to match a human’s dexterity and problem-solving skills: WSJ
• Here’s what google’s super-fast flight search reveals about its product strategy: BI
• One of the smartest VCs of all time says Silicon Valley is in a risk bubble; Investors Beware: Today’s $100M+ Late-stage Private Rounds Are Very Different from an IPO: BI, Abovethecrowd
• Auto Trader plans IPO after massive online success: BI
• YouTube: 1 Billion Viewers, No Profit; Revenue growing at Google video site, but still limited by narrow audience: WSJ

Consumer & Others

• Whiskey’s domination could last for decades: BI
• Lego enjoys record year and gets closer to reaching ‘every child in the world’: Telegraph