Bamboo Innovator Daily Insight: 5 Apr (Sun) – It’s Not the Inequality; It’s the Immobility; Income equality is about bridging the gap between rich and poor. Economic equality is about raising up the poor

Life

  • It’s Not the Inequality; It’s the Immobility; Income equality is about bridging the gap between rich and poor. Economic equality is about raising up the poor: NYT
  • How to Love: Legendary Zen Buddhist Teacher Thich Nhat Hanh on Mastering the Art of “Interbeing”: BP
  • Ongoingness: Sarah Manguso on Time, Memory, Beginnings and Endings, and the True Measure of a Life Filled with Aliveness: BP
  • The Illustrated Story of Persian Polymath Ibn Sina and How He Shaped the Course of Medicine; How a voraciously curious little boy became one of the world’s greatest healers. BP
  • A Seizure of Happiness: Mary Oliver on Finding Magic in Life’s Unremarkable Moments: BP
  • Susan Sontag on Storytelling, What It Means to Be a Moral Human Being, and Her Piercing Advice to Writers: BP
  • The Real Reason College Tuition Costs So Much: NYT

Investing Process

  • 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: AsianExtractorx

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
  • Chinese banks in liquidity pinch turn to Taobao to raise capital: SCMP
  • China’s Online Sales Fakery Problem Might Be Bigger Than You Think: Forbes
  • Ten must-read books that explain modern China: Fortune

Japan & Korea

  • Japan’s wary manufacturers resist Abe’s urge to splurge: Reuters

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
  • Black eats black: Quah Su-Ling, the chief executive of public-listed Ipco involved in Asiasons-Blumont-LionGold penny scam, lost her $50m law suit against Goldman Sachs in London for alleged breach of contract – and was ordered to pay $15.5m to the investment bank instead: AsiaOne

Macro

  • Victims of Financial Wrongdoing Need a More Muscular S.E.C.; The regulator lacks the power to extract fines equal to the losses of harmed investors, often making class-action suits their best recourse. NYT
  • Globalization in a nutshell: A pharmacy in Paris is a Korean tourist attraction: Quartz

TMT

  • The iPad’s next frontier: Creativity for the masses; On its fifth anniversary, a look at Apple’s tablet as a medium for amateur self-expression, and what that might mean for its future.: FastCo
  • The World’s Top 10 Most Innovative Companies Of 2015 In The Internet Of Things: FastCo
  • iPhone Killer: The Secret History of the Apple Watch: Wired

Energy & Commodities

  • The eggs are not always golden: Investors need to know the intricacies of the poultry business in order to make a success of it. TheStar

Consumer & Others

  • Private Eyes in the Grocery Aisles; Food suppliers, manufacturers and markets depend on testing companies like IEH Laboratories to find contaminated products and to root out fraud. NYT

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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