Bamboo Innovator Daily Insight: 12 Mar (Thurs) – Warren Buffett shows HSBC and Delta Air Lines how to say sorry; When business leaders make mistakes, they have nothing to lose from a proper apology

Life

  • Warren Buffett shows HSBC and Delta Air Lines how to say sorry; When business leaders make mistakes, they have nothing to lose from a proper apology: FT
  • Berkshire Hathaway: 50 Years of Enduring Advice: Burgundy
  • Lessons from the great Beanie Babies crash; The amazing rise and terrible fall of the “Steve Jobs of plush”: Fortune
  • What to say when your kids notice their friends have more – or less – money than they do: BI
  • Here’s the personality trait that predicts success for employees – and entrepreneurs: BI
  • Is There a Next Jack Bogle? Not If You Ask Jack Bogle: Bloomberg
  • Leadership Lessons From Virgin Hotels, Courtesy Of Richard Branson And CEO Raul Leal: Forbes
  • The Passport King: Christian Kalin’s business is showing poor countries they have at least one resource worth selling: citizenship. Bloomberg
  • Perspectives on the long term: What will it take to shift markets and companies away from a short-term way of thinking?: McKinsey

Greater China

  • Open Letter to SGX/MAS: Reply to CFO of SGX-Listed China Environment (CENV SP) on report “Potential Accounting Tunneling Fraud at China Environment?” – Address the accounting and governance concerns in an SGX/MAS announcement: AsianExtractor
  • China’s local government debt: Defusing a bomb: Economist
  • The unfrothing of Alibaba: FT
  • China’s Hottest Phone? Here’s the Upstart Chasing Xiaomi: Bloomberg
  • China Said to Plan Overhaul of $3 Trillion Industrial Machine: Bloomberg, Reuters
  • Viral Role Model Emerges In Innovation-Starved Tech Hub Taiwan: Forbes
  • Only China Can Contain China: HP
  • For Chinese Economy, Strengths Are Now Weaknesses: NYT
  • China’s Antigraft Drive Exposes Military Risks; Takedown of generals shines light on rampant buying of ranks: WSJ

India

  • India could become the engine room for the IoT-enabled world: Forbes

Japan & Korea

  • Nurturing Korea’s Disneys: KH
  • LG heir sued for fraud: KH
  • Samsung scions plan on paying 6 trillion won in taxes: JA
  • How KakaoTalk’s Billionaire Creator Ignited A Global Messaging War: Forbes
  • Far from dying, Abenomics may yet be coming up roses; Japan could be the only wealthy nation that is increasing the size of its middle class: FT
  • Korean students suffer from all work and no play: AsiaOne
  • Plunge Protection Exposed: Bank Of Japan Stepped In A Stunning 143 Times To Buy Stocks, Prevent Drop: Zerohedge

ASEAN

  • Open Letter to SGX/MAS: Reply to CFO of SGX-Listed China Environment (CENV SP) on report “Potential Accounting Tunneling Fraud at China Environment?” – Address the accounting and governance concerns in an SGX/MAS announcement: AsianExtractor
  • Jho Low and the Wolf of Wall Street: how Malaysian businessman ‘hooked up DiCaprio’; ‘I’ve nothing to hide’: Malaysia’s Jho Low breaks silence to deny money laundering allegations: SCMP1, 2
  • Thai Temple’s Gospel of Wealth Draws Protests; Dhammakaya Temple’s spectacular growth is raising awkward questions about how Buddhism should adapt to decades of pell-mell growth in Asia: WSJ
  • Car Hub Project to Spur Philippine Manufacturing: Southeast Asia: Bloomberg

Macro

  • Investors Forced to Get Creative for ‘Carry’ Trade; Borrow in euros, buy in the Philippines and Sri Lanka: WSJ
  • What the Strongest U.S. Dollar in a Decade Means for Your Wallet: Bloomberg
  • Incentives favour short-term investment focus; Pension funds and insurers forced to shy away from infrastructure: FT
  • Mafia thrives on Italy’s legalized gambling addiction: Reuters
  • “We Have Front-Row Seats To An Imminent Market Shock”, Hedge Fund Billionaire Warns: Zerohedge

Energy & Commodities

  • History Suggests OPEC’s Days Could Be Numbered: Bloomberg

Healthcare

  • Ultrasound Shows Promise in Mice for Treating Alzheimer’s: WSJ

TMT

  • Apple Watch Skewed to Geeky Guys Risks Alienating Female Buyers: Bloomberg
  • Apple Pay faces a battle with banks to enter China’s huge mobile payments market: SCMP
  • Launching the Apple Watch: The time machine; Apple wants to make smartwatches a mainstream technology. That will take time: Economist
  • How Rebellion Photonics built a business on gas fumes; By creating a better tool for spotting gas leaks from oilfields and pipelines, tiny Rebellion Photonics got the jump on a global market no one else could see: Forbes
  • Getting Advantage from Proprietary Data: WSJ

About bambooinnovator
Kee Koon Boon (“KB”) is the co-founder and director of HERO Investment Management which provides specialized fund management and investment advisory services to the ARCHEA Asia HERO Innovators Fund (www.heroinnovator.com), the only Asian SMID-cap tech-focused fund in the industry. KB is an internationally featured investor rooted in the principles of value investing for over a decade as a fund manager and analyst in the Asian capital markets who started his career at a boutique hedge fund in Singapore where he was with the firm since 2002 and was also part of the core investment committee in significantly outperforming the index in the 10-year-plus-old flagship Asian fund. He was also the portfolio manager for Asia-Pacific equities at Korea’s largest mutual fund company. Prior to setting up the H.E.R.O. Innovators Fund, KB was the Chief Investment Officer & CEO of a Singapore Registered Fund Management Company (RFMC) where he is responsible for listed Asian equity investments. KB had taught accounting at the Singapore Management University (SMU) as a faculty member and also pioneered the 15-week course on Accounting Fraud in Asia as an official module at SMU. KB remains grateful and honored to be invited by Singapore’s financial regulator Monetary Authority of Singapore (MAS) to present to their top management team about implementing a world’s first fact-based forward-looking fraud detection framework to bring about benefits for the capital markets in Singapore and for the public and investment community. KB also served the community in sharing his insights in writing articles about value investing and corporate governance in the media that include Business Times, Straits Times, Jakarta Post, Manual of Ideas, Investopedia, TedXWallStreet. He had also presented in top investment, banking and finance conferences in America, Italy, Sydney, Cape Town, HK, China. He has trained CEOs, entrepreneurs, CFOs, management executives in business strategy & business model innovation in Singapore, HK and China.

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