Bamboo Innovator Daily Insight: 7 Apr (Tues) – Local teachers need to be less risk-averse if Singapore wants an education system that creates innovators; The Secret To Never Being Frustrated Again; Keeping families together the key to children’s success; All I Really Need to Know I Learned in Kindergarten

Life

• One CEO shares the best piece of leadership advice she’s ever received: ‘Every day when you go to work, you should ask yourself, What am I going to do for the fleet today?” BI, NYT
• Local teachers need to be less risk-averse if Singapore wants an education system that creates innovators: CNA
• The Secret To Never Being Frustrated Again: Barker
• Keeping families together the key to children’s success: SCMP
• Managing the Critical Voices Inside Your Head: HBR
• 4 Steps to Dispel a Bad Mood: HBR
• Stocks & Debts & Rock ’n’ Roll: On a tour of schools, this band sings first and then hits a personal-finance coda; Mr. Gooding shows students images of entertainers and athletes who made millions but went bankrupt, debunking myth that money solves : WSJ
• In our next president, we need someone with a portion of Abraham Lincoln’s gifts – someone who is philosophically grounded, emotionally mature and tactically cunning. NYT
• The Importance of Seeing the World in Shades of Grey: Insead
• The Most Productive Ways to Disagree Across Cultures: Insead
• Tech titans’ latest project: Defy death; For centuries, explorers have searched the world for the fountain of youth. Today’s billionaires believe they can create it, using technology and data. WaPo
• The World’s Top 10 Most Innovative Companies Of 2015 In Music: FastCo
• An American financier got entangled in the Middle East’s biggest banking collapse. How did he emerge with a fortune? NewYorker
• Our gambling culture: The craving for immediate gratification has spread well beyond Wall Street. BlackRock chairman and CEO Laurence Fink argues such short-term thinking undermines social and economic health: McKinsey
• Scam means thousands were sold useless insurance by salesmen from Combined Insurance: TheAge
• CPIB rules of reporting may frighten away whistle-blowers: TODAY
• Q&A: Brent Schlender and Rick Tetzeli, ‘Becoming Steve Jobs’: Fortune
• Why We Give Great Advice To Others But Can’t Take it Ourselves: Forbes
• A Dozen Things I’ve Learned from Startup L. Jackson About Venture Capital Investing and Startups: 25iq
• Robot spiders could build the next generation of objects in space: Quartz
• Scientists at MIT are designing bulletproof armor modeled on fish scales: Quartz
• Why you should only hire people who thrive in adversity; Perfection is not about avoiding problems, it’s about solving them, says Oomnitza CEO Arthur Lozinski: e27
• David Rosenberg reveals his most important investing lesson: A little history can go a long way: FP
• In terms of ‘prestige,’ Google is now a ‘tier two’ employer, says recent comp sci grad: BI
• Silicon Valley Star Search: Google spends twice as much on recruiting than the average company, even though it gets two million applicants a year. WSJ
• The 2 best-selling books on Amazon right now are ‘adult coloring books’: BI
• This may be the most ridiculous thing you’ll read in a Wall Street research note: BI
• If Algorithms Know All, How Much Should Humans Help?: NYT
• 5 things Elon Musk believed would change the future of humanity .when he graduated from university: BI
• Never forget the powerful effect of being remembered; The more someone can recall all small talk at previous meetings, the more you like and trust them: FT
• Turn the music off when you need to be your most creative; Naturally creative thinkers struggle to block out distractions: FT
• Heads of business need neuroscience; The prefrontal cortex of coaches, marketers, executives and a few charlatans is lighting up: FT
• How to Ace an Earnings Conference Call; Discussing financial results with investors on a company’s quarterly earnings conference call can be a nerve-racking ordeal, but some CFOs have found ways to minimize the risks of a slip-up. WSJ
• Starbucks to Pay Full Cost of Online Degree for Employees: WSJ
• Maybe Fund Data Should Include ‘Love Life’; Study finds that a hedge-fund manager’s returns suffer during marriage and divorce: WSJ
• It’s Healthy to Put a Good Spin on Your Life; How we construct personal narratives has a major impact on our mental well-being: WSJ

Books

• All I Really Need to Know I Learned in Kindergarten: Amazon
• The Boy Who Harnessed the Wind: Creating Currents of Electricity and Hope: Amazon
• 23 books to keep on the shelf of your doomsday bunker: BI

Investing Process

• China Environment (SES: 50U, Bloomberg: CENV SP): Auditor Emphasis of Matter in RMB127m unsecured and interest-free advances to sub-contractor raises more questions on potential accounting tunneling risk: AsianExtractor
• 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
• CFOs With Big Signatures More Likely to Misreport: CFO, SSRN
• The Dark Magic of Month-End Trades; A new study describes the phenomenon and suggests a recipe to profit: WSJ
• Instead of Attacking Insider Trading, Make Everyone an Insider; Preet Bharara could call off his crusade against a fuzzy crime if all investors were hit with a fire hose of data.: WSJ
• BUFFETT: Volatility is not the same thing as risk, and anyone who thinks it is will cost themselves money: BI
• Wall Street Law Firms Challenge Hedge-Fund Deal Tactic; Lawyers take issue with ‘appraisal arbitrage’ strategy: WSJ
• Star Investors Reveal Their Hits and Misses; The hard lessons from Rob Arnott, Jeremy Grantham, Howard Marks and Jeffrey Gundlach: WSJ
• CNBC Transcript: Berkshire Hathaway’s Warren Buffett and Larry Van Tuyl Sit Down with CNBC’s Becky Quick on “Power Lunch”: CNBC

Greater China

• China Environment (SES: 50U, Bloomberg: CENV SP): Auditor Emphasis of Matter in RMB127m unsecured and interest-free advances to sub-contractor raises more questions on potential accounting tunneling risk: AsianExtractor
• 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
• A Carson Block short has been frozen by the Chinese government, and the stock hasn’t traded at all today: BI
• Chinese Defaults Head Into the Cloud; Cloud Live Says Will Miss Payment in 2nd China Onshore Default: WSJ, Bloomberg
• Pearl River Delta to face ‘toughest’ year as orders fall: WCT
• Winning Hand Lifts Playing Card Supplier Into China’s Billionaire Ranks: Forbes
• Skimping on auto parts a problem in China: WCT
• Kugou music service may take premature IPO gamble: WCT
• ‘Elon Musk of China’ aims to give the world a commercial jetpack – but is it just flight of fancy?: SCMP
• Thin veil of correctness covering pay cuts at state banks: SCMP
• Hong Kong pension reform missing a key pillar: SCMP
• Chart of the day: Bubble trouble builds for A shares: SCMP
• Ikea at last cracks China market, but success has meant adapting to local ways: SCMP
• Cloud Live Spooks Chinese Junk Bonds Amid Second Onshore Default: Bloomberg
• Investors Unfazed by China Regulator’s Move to Control Margin Finance: Expanding form of securities lending has pushed Shanghai market to 7-year high: WSJ
• The Secret to China’s Most Valuable Startup; Xiaomi reaches out to customers through parties and social media: WSJ
• China’s War on Golf Courses: Bloomberg
• Toilet revolution in China for tourism evolution: AsiaOne

India

• New accounting rules will move India closer to IFRS: BS
• India’s Private Equity Industry Shakes Off Its Doldrums: NYT
• Cadbury hit with $92m tax bill in India over ‘phantom’ factory: FT
• Delhi’s politicians pass the polluted buck; Indian capital’s toxic air is by some measures the world’s dirtiest: FT

Japan & Korea

• South Korea Can’t Get Old Folks to Spend Their Savings: Bloomberg
• McKinsey’s Growth Strategy (AKA ‘Fourth Arrow’) For Japan (I): Forbes
• Lotte Mart, the third largest discount supermarket chain, will stock more of its own private label products because customers like them and they’re more profitable: JA
• Viewed through a religious lens, Japan makes more sense: JT
• Nippon Steel, Techint brawl in boardroom as company founders: JT
• Under ‘Abenomics,’ rich thrive but middle class on precipice: JT
• Japan must shut out short-term investors, says Orix founder: JT
• World watches how Japan manages its ageing citizens: FT
• The sun rises again for Japan tech: AFR
• Japanese Universities Look to Get Schooled in Investing; They see a need to be more aggressive to ensure financial stability: WSJ
• Why Wearing Makeup Helps This Man Trade Korea’s Hottest Stocks: Bloomberg

ASEAN

• China Environment (SES: 50U, Bloomberg: CENV SP): Auditor Emphasis of Matter in RMB127m unsecured and interest-free advances to sub-contractor raises more questions on potential accounting tunneling risk: AsianExtractor
• 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
• Property Zooms Ahead in Philippines; Overseas workers, employees in outsourcing fuel residential demand: WSJ

Macro

• A Three-Pronged Front to Limit Shareholder Litigation: NYT
• S&P 500 Rallying 206% Beats Wage Growth by Most in Five Decades: Bloomberg
• How Brazil’s ‘Nine Horsemen’ Cracked a Bribery Scandal: WSJ
• Algorithmic traders invade $42 trillion bond futures market: TheAge
• U.S. Weighs Whether to Act or Wait on Insider Trading: NYT
• Hedge Fund Legend Julian Robertson Warns Of A “Complete Explosion” Unless Fed Contains “Boiling, Bubble” Market: Zerohedge
• RBA rates call disappoints but chase for yield rolls on: fund managers: TheAge
• Bubble could burst on boom in bank compliance units: FT
• Vexed questions on currency hedging; Is it better to suffer the slings and arrows of short-term money moves?: FT
• Big bank brokers use decoys, spy tactics to go alone: Reuters
• To Fix Water Crisis, Brazil Turns to Big Projects; A plan to tap a long-polluted dam to alleviate a punishing water shortage draws fire: WSJ
• American Companies Are in Love With Themselves: Bloomberg

TMT

• Amazon Woos EBay’s Once-Loyal Merchants With Faster Sales Growth: Bloomberg
• What we’ve learned in five years with the iPad: WaPo
• Call for Activism at IBM Is Likely to Go Unheard: NYT
• A Decade On, YouTube Has 1 Billion Viewers, 1 Million Advertisers, And Millionaire Artists: Forbes
• Scientists have invented an aluminum battery for smartphones that can be charged in one minute: FP
• Computer transmission of human personalities not far off: inventor: JT
• Why Detroit could be the next Silicon Valley (and vice versa): Fortune
• As Bill Gates promised, Microsoft will soon have its own Apple Pay alternative: BI
• This unknown Google exec fought a brutal internal battle, and now he controls a $60 billion business: BI
• Dropbox confirms it’s been secretly working on a Google Docs and Evernote killer: BI
• How the internet of things can speed up health delivery: FT
• App groups race for a bite at Apple Watch: FT
• New breed of open source start-ups eye rising revenues and IPOs: FT
• Android Creator Andy Rubin Launching Playground Global; Firm to provide support, advice to tech startups making devices: WSJ
• Six Reasons the Fast and the Furious Franchise Became an Unlikely Global Hit; How the action series beat the Hollywood odds: Bloomberg

Energy & Commodities

• Canada’s oil, gas companies lack long-term strategy amid price plunge, survey shows: FP
• Saudi strategy to retain oil dominance: FT
• This Animated Map Shows How Moving Oil by Rail Exploded in the Past Five Years: Bloomberg

Healthcare

• Local innovation repairs holes in the heart; For 10 years researchers at Admedus worked day and night trying to work out how to improve soft tissue repair in the human body. TheAge
• Defeating Alzheimer’s by 2025 could be within reach: Quartz
• A robotic glove designed to help stroke sufferers regain movement in their hands and rebuild their muscles has been developed: Reuters
• A radical experiment tried to make old people young again – and the results were astonishing: BI
• Simple phone calls help India to fight TB: FT
• Opinion: Negotiation is best way to make drugs affordable: FT
• Monday interview: Christophe Weber, CEO of Takeda, Japan’s biggest drugs company: FT
• New Thinking on Sinus Infections: Waiting for an infection to go away on its own works almost as well as antibiotics??: WSJ

Consumer & Others

• Warren Buffett Adds To Automotive Bets With $560 Million Axalta Investment; Warren Buffett’s deal for Axalta could impact public pensions: Forbes, Fortune
• The Cheap Toys You Buy Your Kid Are Rarely Inspected: Bloomberg
• 17 reasons Wegmans is the best grocery store in America: BI
• Why McDonald’s Chicken McNuggets come in only 4 shapes: to ensure consistent cooking times for food safety in all McDonald’s restaurants: BI
• The Evolving Automotive Ecosystem: WSJ
• How Jessica Simpson Built a Billion-Dollar Fashion Empire: Bloomberg