Advertisements

Bamboo Innovator Daily Insight: 5 Mar (Thurs) – How to follow in Warren Buffett’s big footsteps: It boils down to three precepts: be patient, be private and be peculiar

Life 

  • How to follow in Warren Buffett’s big footsteps: It boils down to three precepts: be patient, be private and be peculiar: FT
  • Warren Buffett’s Two Tips on Building Successful Businesses – Pass Them Along: Forbes
  • Tech adoption at the top: analogue dogs need digital masters; how executives can reboot themselves and their companies: FT
  • When good greed goes bad and what to do about it; Money and status are strong motivators that can be destructive: FT
  • Olam CEO Sunny Verghese Says Short Sellers Have Role in Markets; Attacks on companies acceptable if made with ‘integrity’, says Verghese: WSJ
  • Y Combinator’s Sam Altman On The Elements Of A Successful Startup: Techcrunch
  • Day traders: “The chances they’ll end up a winner is less than the parts in a warehouse spontaneously assembling themselves into a beautiful girl.”: DailySpeculation
  • The East India Company: The original corporate raiders: Guardian
  • How the Kochs Wasted a Fortune: Bloomberg

Investing Process

  • Reply to CFO of SGX-Listed China Environment (CENV SP) on report “Potential Accounting Tunneling Fraud at China Environment?”: AsianExtractor
  • Changjiang Fertilizer chairman’s leave of absence prompts queries; Firm ‘unable to take a view’ whether chairman’s ‘personal matters’ will affect his character and integrity as a director: BT
  • 21 inspiring quotes about markets and investing chosen by a top economist: BI
  • How a 25-Year-Old Investor Spurred Lumber Liquidators’ Plunge: Bloomberg
  • Revenue recognition: New differences emerging: JOA
  • The $62bn deferred tax secret of Warren Buffett’s success: FT

Greater China

  • Reply to CFO of SGX-Listed China Environment (CENV SP) on report “Potential Accounting Tunneling Fraud at China Environment?”: AsianExtractor
  • Chinese state media suggests retired general Guo Boxiong may be next to fall, after son comes under graft probe: SCMP
  • China Rongsheng Suspends Warrant Issue as Investor Detained: Bloomberg
  • Running after unpaid debts in China becoming difficult – Coface: SCMP
  • Shanghai’s Free-Trade Zone Fails to Impress U.S. Companies: WSJ
  • Foxconn Launches New E-Commerce Platform in China: WSJ
  • Hanergy’s Li Hejun leaps to top of Forbes’ Chinese rich list: FT
  • Noble with an iron helm: Communist Party’s buzzword du jour: WCT
  • China’s Factories Are Building a Robot Nation: Caixin
  • Liquidity evaporates in China as ‘fiscal cliff’ nears: Telegraph
  • How Alibaba’s U.S. IPO Got the Company Ordered Out of Taiwan: Bloomberg
  • China Loses Millionaires as Wealthiest Tempted Overseas: Bloomberg
  • Macau Crackdown Brings Windfall for Casinos From South Korea to Cambodia: Bloomberg

India

  • Biocon founder is India’s fourth-richest woman: FT
  • Dilip Shanghvi overtakes Mukesh Ambani as richest Indian: Moneycontrol
  • Modi Gives Last Chance for India Tax Evaders in $2 Trillion Hunt: Bloomberg
  • In Mumbai, Eating That Steak Could Cost 5 Years in Jail: Bloomberg

Japan & Korea

  • Samsung: Ring the changes: The South Korean group hopes the Galaxy S6 will help revitalise its fortunes as it shifts focus to the ‘internet of things’: FT
  • Robots Take Tokyo as High-Frequency Equity Infiltration Hits 70%: Bloomberg

ASEAN

  • Reply to CFO of SGX-Listed China Environment (CENV SP) on report “Potential Accounting Tunneling Fraud at China Environment?”: AsianExtractor
  • Foreign Portfolio Investors Lose Faith in Indonesia’s Ability to Support the Rupiah: JG
  • Astro wins a stunning reversal in legal battle with Lippo in HK: ST

Macro

  • Tax havens linked to more than 40,000 London property; The secrecy surrounding foreign owners of high-value London properties has long given rise to suspicions of hidden corruption and money-laundering. FT
  • Foreign companies registered in offshore tax havens like the British Virgin Islands own 36,342 buildings in London that could be used for illegal purposes, a report by Transparency International said: NYT
  • Watchdog’s Hunt Is Short on ‘Wolves’; Finra program hasn’t barred any brokers tied to Stratton Oakmont from ‘Wolf of Wall Street’ fame: WSJ
  • EQT is considering a sale of Classic Fine Foods, a Singapore-based importer and food distributor, in a US$300 million deal, joining the list of private-equity firms looking to exit investments in Asia in recent months: WSJ
  • Stratfor has 11 alarming predictions for the next decade: BI
  • The Fed’s magic tricks will not make risk disappear; Capital requirements are like rabbits pulled out of a hat, writes Frank Partnoy: FT
  • Shipping industry faces shake up as private equity unwinds bets: Reuters
  • Asia’s Cities Offer Glimpse of Heaven and Hell: Barron’s
  • Petrobras Fallout Says One Good Thing About Brazil: Bloomberg
  • ‘Almost all our wealth is in real estate’: Rising interest rates could devastate couple’s retirement: FP
  • The real cost of a $1 million home: Toronto buyers resort to sub-prime loans as prices soar: FP
  • This Fed Official Just Perfectly Described Why Student Loans Are a Terrible Investment: Bloomberg
  • Buybacks at $46 Billion a Month Dwarf Everything in U.S. Market: Bloomberg
  • Are bookkeepers the next financial planners?: TheAge
  • Negative Rates Test Technology at European Banks; Headaches emerge from Sweden to Spain; a snag for floating-rate debt: WSJ

TMT

  • Internet of Vehicles market expected to expand rapidly: WCT
  • Old carmakers: we won’t be mere platforms for Google and Apple: BRW
  • Solution to Nausea Puts Virtual Reality Closer to Market: NYT
  • What Is the Next “Next Silicon Valley”?: NYT
  • In Chase of Apple, Smartphone Makers Shift Strategies: NYT
  • Google+, a Disappointment With a Purpose: WSJ
  • Online Crafts Marketplace Etsy Files for IPO: WSJ
  • Car Makers Embrace Wireless Phone Charging; Audi, GM, and Toyota see mobile power-ups as a way to attract technology-savvy buyers: WSJ
  • Taylor Swift, Trademarks and Music’s New Branding Model: K@W

Healthcare

  • Cholesterol-Cutting Statins Found to Raise Diabetes Risk by 46%: Bloomberg

Energy & Commodities

  • Jeff Immelt’s Overhaul of GE Impeded by Falling Oil Prices; CEO’s rebuilding of General Electric still hasn’t satisfied many investors, and now there’s this oil business: WSJ
  • Petrodollar Mercantilism Explained In One Chart: Zerohedge

Consumer & Others

  • The secretive snack company that Warren Buffett loves; Now that the world’s top investor has confessed his love for Utz, America’s largest privately-held snack maker is letting the secrets of its success out of the bag. Fortune
  • Reebok’s Pump Is Back; Even though it never really went away: Bloomberg
  • The secretive snack company that Warren Buffett loves; Now that the world’s top investor has confessed his love for Utz, America’s largest privately-held snack maker is letting the secrets of its success out of the bag. Fortune
Advertisements

About bambooinnovator
KB Kee is the Managing Editor of the Moat Report Asia (www.moatreport.com), a research service focused exclusively on highlighting undervalued wide-moat businesses in Asia; subscribers from North America, Europe, the Oceania and Asia include professional value investors with over $20 billion in asset under management in equities, some of the world’s biggest secretive global hedge fund giants, and savvy private individual investors who are lifelong learners in the art of value investing. KB has been rooted in the principles of value investing for over a decade as an analyst in Asian capital markets. He was head of research and fund manager at a Singapore-based value investment firm. As a member of the investment committee, he helped the firm’s Asia-focused equity funds significantly outperform the benchmark index. He was previously the portfolio manager for Asia-Pacific equities at Korea’s largest mutual fund company. KB has trained CEOs, entrepreneurs, CFOs, management executives in business strategy, value investing, macroeconomic and industry trends, and detecting accounting frauds in Singapore, HK and China. KB was a faculty (accounting) at SMU teaching accounting courses. KB is currently the Chief Investment Officer at an ASX-listed investment holdings company since September 2015, helping to manage the listed Asian equities investments in the Hidden Champions Fund. Disclaimer: This article is for discussion purposes only and does not constitute an offer, recommendation or solicitation to buy or sell any investments, securities, futures or options. All articles in the website reflect the personal opinions of the writer.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: