Bamboo Innovator Daily Insight: 6 Mar (Fri) – Warren Buffett: ‘I Consider Myself a Journalist’; The Hidden Co-Founder
March 6, 2015 Leave a comment
Life
- Warren Buffett: ‘I Consider Myself a Journalist’: Bloomberg
- The Hidden Co-Founder: Techcrunch
- Don’t Be Like Buffett. Be Like You: Bloomberg
- Scientists discovered the personality trait that creative geniuses often share; why artists need such solitude: BI
- Here’s how to properly shake hands in 14 different countries: BI
- It takes the typical self-made millionaire at least 32 years to get rich; The romanticized notion of getting rich quick always finds an eager audience. BI
- Reid Hoffman’s Two Rules for Strategy Decisions: HBR
- Warren Buffett’s 50th annual missive to his company’s shareholders obfuscates rather than illuminates: Economist
- The Innovation Game: Adobe’s New Strides To Keep Employees Engaged: Forbes
- Brain evolution and disease: A Faustian bargain; Could the key to the evolution of the human brain be found in a dreadful illness?: Economist
- The quantified serf: Management by goal-setting is making a comeback, its flaws supposedly fixed: Economist
- Shake Shack’s Secret Sauce? It Cares. Strategy&
- The Ottoman Empire: Heading towards disaster; How a multinational Muslim empire was destroyed by the first world war: Economist
- Blackwell’s David Prescott weathers the storm in a bookshop; Chief executive would still recommend trade to his children: FT
- Profile: Mikhail Fridman — from rugs to riches; the Russian billionaire, who has earned a reputation as a fierce corporate fighter, is taking on the UK government: FT
- Suharto’s Favorite Tycoon; Liem Sioe Liong’s business empire survived some of the most turbulent moments of 20th-century Indonesian history. WSJ
- Are Asian family companies leaders in innovation?: SCMP
- Economists’ Biggest Failure: Bloomberg
- Does the Social Safety Net Make Us Lazy? Or Promote Greater Entrepreneurship?: Bloomberg
- The Little-Known $15 Billion Empire Of Africa’s Richest Man: Forbes
- Is chief information officer a dead end on the path towards becoming CEO? Richard Umbers joined a small club of CIOs who’ve been elevated to the CEO role after Myer revealed its supply chain and information boss would replace the incumbent: TheAge
Investing Process
Greater China
- Reply to CFO of SGX-Listed China Environment (CENV SP) on report “Potential Accounting Tunneling Fraud at China Environment?”: AsianExtractor
- Exchange questions Hanergy as speculative bubble grows: SCMP
- 3 Chinese companies in debt defaults in 2014: SCMP
- E-Commerce Giants, Gov’t Create New Markets in China’s Rural Areas: Caixin
- Alibaba Expanding E-Commerce Hurts Department Store Bonds: Bloomberg
- A Reform Test for Beijing: Will the Communist Party back state or private enterprises?: WSJ
- China Said to Tax Past Capital Gains by International Funds: Bloomberg
- Chinese Premier Li Keqiang lays out flaws in country’s economic model: FT
- China on Long, Slow Road to Reform; New budget underscores preference for strong hand of the state over the marketplace: WSJ
- Amazon Opens Store Inside Alibaba’s Tmall In China: WSJ
- Hanergy chairman tightlipped on shares swings – but vows to launch solar-powered cars: SCMP
- China securities regulator gears up to allow unprofitable firms to go public; First draft of a revised securities law scraps profit requirement on companies seeking IPOs: SCMP
- Li Pledges to Raze Graft ‘Breeding Grounds’: Bloomberg
- Chinese Lawmakers Hide Cigarettes and Alcohol as Xi Clamps Down: Bloomberg
Japan & Korea
- Sony total-vision headset will be reality in 2016: JT
- Addressing inequality, Japanese-style: PS
- Japan Now Spends 43% Of Tax Revenue To Fund Interest On Debt: Zerohedge
ASEAN
- Reply to CFO of SGX-Listed China Environment (CENV SP) on report “Potential Accounting Tunneling Fraud at China Environment?”: AsianExtractor
- 1MDB sheds light, explains RM2bil debt,eyes listing; Malaysia’s 1MDB to be dismantled under debt plan: Star, Reuter
- Indonesia Makes Play for Infrastructure Funding; Government pours cash into state firms; investors are doubtful: WSJ
Macro
- Insider Trading Investigators Have a Blind Spot: Bloomberg
- Foreign Tax Surprises Like Disney’s Have SEC Seeking Sunlight: Bloomberg
- Global banks: A world of pain; The giants of global finance are in trouble: Economist
- Nobody knows anything: Pension funds and endowments tend to rely on consultants to select fund managers. This is a mistake: Economist
- Shades of grey still colour equity trading; Renewed risk-on, risk-off approach to markets could be a warning sign: FT
- The ageing of EMs: service sector to the rescue? FT
- China and India need to make their growth numbers add up; Many politely accept the official line but those with money on the line do not: FT
- Stress tests for banks are a predictable act of public theatre; Once again the bankers are gaming the system by working out what regulators will do: FT
- FCA takes aim at structured products after finding that investors significantly overestimated the returns they were likely to receive. FT
- Ports Gridlock Reshapes the Supply Chain; More cargo is being shifted away from congested West Coast trade routes: WSJ
- Currency warriors rise again: SCMP
- The Biggest Banks Aren’t Ready to Shrink; New rules give big banks an incentive to shrink their balance sheets. But for most, massiveness remains part of the business plan: Bloomberg
- We Tried to Re-Create JPMorgan’s Mutual Fund Returns and Gave Up; The bank’s impressive mutual-fund-group performance figures come with little explanation: Bloomberg
- Citigroup Lost $800 Million on Holding in Turkey’s Akbank: Bloomberg
- Is JPMorgan Fabricating Its Mutual Fund Returns?: Zerohedge
TMT
- Googledome, or temple of doom? Tech firms are building pharaonic head offices again: Economist
- The curse of the top dog: Apple’s low price-earnings ratio reflects understandable scepticism: Economist
- E-commerce in South-East Asia: Home-field advantage; The global online-shopping giants may not find it easy to conquer the region: Economist
- 3D printing: Entering the jet age; Aircraft engines may soon be built one layer at a time: Economist
- Apple Pay Stung by Low-Tech Fraudsters; Transactions involved credit-card data stolen in retailer breaches: WSJ
- This Venture Capitalist Says We Have Entered a Tech Bubble: Bloomberg
- Apple Watch is competing as a fashion accessory, and that’s a risky move: WaPo
- Apple’s rivals hope its Watch will boost their own wearable tech: Reuters
- For the ‘unbanked’, mobile money still has some way to go: Reuters
- The new ‘Horsemen of the Nasdaq’ – how long will they ride?: Reuters
- Mark Cuban Warns: This Bubble Is Far Worse Than The Tech Bubble Of 2000: Zerohedge
Energy & Commodities
- Australian mining slowdown hits Aggreko: FT
- Oil Bust Threatens CMBS in Wall Street Funded Shale Towns: Bloomberg
- Will Tesla Ever Make Money? Sure, Elon Musk makes great cars, but investors are wondering when his company will turn a profit. Bloomberg
Healthcare
- Many in U.S. live too far from advanced stroke care: Reuters
- Biotech Bidding War Yields Rich Price; AbbVie to pay $21 billion for Pharmacyclics, reflecting promise of cancer drug: WSJ
- Inside the $21 Billion War for a Blockbuster Cancer Drug: Bloomberg
Consumer & Others
- Outsiders Tried but Failed to Make It Big in Furniture; General Mills, Masco and S&H Green Stamps creator flopped or gave up when profits proved slim: WSJ
- U.S. Furniture Survivor Tries to Go Global; As family-owned Ashley outgrows the McMansion, it turns its sights on Asia: WSJ
- Coca-Cola Makes Over Look of Cans to Shake Calorie Stigma: Bloomberg
- Lego Seeks a Little Help From Elf Friends to Reignite Franchise: Bloomberg