Advertisements

Bamboo Innovator Daily Insight: 9 Apr (Thurs) – The Power of Being Yourself: A Game Plan for Success–by Putting Passion into Your Life and Work

Life

  • The most important thing Warren Buffett looks for in job candidates: BI
  • Peter Thiel on the Future of Innovation: Medium
  • Five lessons from Lego: TheAge
  • Why Google CEO Larry Page personally reviews every candidate the company hires: BI
  • The unconventional strategy Sara Blakely used to launch her billion-dollar business: BI
  • Financial Startups Make the Jump Without a Net; Many former Wall Street executives have found the everyday realities and autonomy can be jarring at times: WSJ
  • Building Relationships in Cultures That Don’t Do Small Talk: HBR
  • 8 Reasons Companies Don’t Capture More Value: HBR
  • Good Leaders Aren’t Afraid to Be Nice: HBR
  • Measuring the Return on Character: HBR

Books

  • The Power of Being Yourself: A Game Plan for Success–by Putting Passion into Your Life and Work: Amazon, FT

Investing Process

  • China Environment (SES: 50U, Bloomberg: CENV SP): Auditor Emphasis of Matter 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
  • Does Auditor Explanatory Language in Unqualified Audit Reports Indicate Increased Financial Misstatement Risk? “Emphasis of matter” language predicts restatements + China Environment’s Auditor Emphasis of Matter: AsianExtractor
  • Revised Auditing Standard Puts Onus on Auditor to Read Annual Reports: AT
  • Charlie Munger — Part Two: Quality Over Value: VW
  • Bryan Johnson: Why 89% Of All Hedge Funds Never Get Over $100m: VW

Greater China

  • China Environment (SES: 50U, Bloomberg: CENV SP): Auditor Emphasis of Matter 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
  • Does Auditor Explanatory Language in Unqualified Audit Reports Indicate Increased Financial Misstatement Risk? “Emphasis of matter” language predicts restatements + China Environment’s Auditor Emphasis of Matter: AsianExtractor
  • Winsway Missed Bond Payment Heightens Chinese Default Risk: Bloomberg
  • More high-cost Chinese iron ore mines to be shut this year as prices tipped to sink further: SCMP
  • Alibaba folds film production financing, investment operations into Alibaba Pictures: SCMP
  • China: Projections of power; Double-digit increases in defence spending alarm China’s neighbours but budgets and troop levels only tell half the story: FT
  • Chinese Stock Buying Frenzy Sweeps Into Hong Kong: WSJ
  • Chinese dual-listed firms fuel Hong Kong stock-buying frenzy: SCMP
  • How China Wants to Overhaul its $16 Trillion Corporate Monster: Bloomberg

India

  • Raju found guilty in Satyam scam but size of sentence is what really matters; Harvard’s corporate governance professor Krishna Palepu, an independent director at Satyam, has been asked to disgorge nearly half a million dollars in excess remuneration paid by the company; Satyam’s Raju, Nine Others Found Guilty of Fraud; An Indian court pronounced Ramalinga Raju guilty of fraud in connection to a $1 billion-plus accounting scandal: FirstpostWSJ, FT
  • Urban Ladder raises Rs 300 cr in funding round led by Sequoia Capital; Ratan Tata-backed online furniture company plans to scale up its technology platform to boost growth: Forbes
  • How India’s First Bollywood Blog Turned Into A Media House: A Question and Answer With MissMalini: Forbes
  • India’s Push for Banks for All Leaves Some Still Outside; Stories of Bribes, Duplicate Accounts Complicate Government Effort: WSJ

Japan & Korea

  • Ex-Keangnam chief found dead; He allegedly embezzled 25 billion won from the fund and was engaged in fraudulent accounting to the tune of 950 billion won. KT
  • Japan needs a working hours overhaul; The corporate culture the country is stuck with is unsuited to the challenges companies face: FT
  • 41 conglomerates under tight scrutiny for heavy debts: KH
  • Watchdog vows to stamp out what it called the “five evil financial practices” including financial fraud.: KH
  • Hyundai steels itself to fight Posco: JA
  • Tale of political corrosion at Posco; Symbol of nation’s industrial miracle must assert its independence from government meddling: JA
  • Beaten at his own game: Brian Kim is the godfather of mobile-messaging apps; Korea’s greatest entrepreneur started the global mobile-messaging gold rush five years ago. Now he’s a surrounded underdog. What happened?: Forbes
  • Billionaire Rides K-Beauty Boom That Began in Grandma’s Kitchen; Harnessing Korea’s cultural momentum, Suh Kyung Bae has turned his family’s cosmetics company into a Pan-Asian powerhouse-and a favorite of investors. Bloomberg

ASEAN

  • China Environment (SES: 50U, Bloomberg: CENV SP): Auditor Emphasis of Matter 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
  • Does Auditor Explanatory Language in Unqualified Audit Reports Indicate Increased Financial Misstatement Risk? “Emphasis of matter” language predicts restatements + China Environment’s Auditor Emphasis of Matter: AsianExtractor
  • Well-educated, well-paid S’poreans but mired in debt: JP
  • Fourth Generation: Caroline Link is Being Groomed To Run Thailand’s B. Grimm: Forbes

Macro

  • Switzerland is first with 10-year bond at negative yield; Until Wednesday, no country had ever sold 10-year debt that gives investors a yield of below 0%. WSJ
  • Post-Crisis Risk Casts a Darkening Shadow; Regulators’ banking safeguards drive an increasing amount of financial activity away from conventional venues: WSJ
  • Rare Rembrandts to Leave France Too Cash-Strapped to Retain Them: JG
  • Regulate the Carry Trade: PS

TMT

  • Apple Watch Review: The Smartwatch Finally Makes Sense; If you can tolerate its flaws, you can wear the future on your wrist and keep your iPhone in your pocket: WSJ
  • There’s an insane amount of detail in the Apple Watch: BI, Wired
  • Apple may have bought a keyboard app that tracks your fingers as you type: BI
  • How the CEO of the most valuable private tech company in the world is inspired by Ayn Rand: BI
  • LinkedIn just bought subscription-based online learning company Lynda for $1.5 billion: BI
  • Tech industry and universities clash over US patent law: FT
  • Rise of the 3D printing machines; ‘Terminator’ technology threatens manufacturing pioneers: FT
  • The rebirth of StoryCorps: Surprises so far with the release of our app: TED
  • Get rid of parking woes with Singaporean IoT startup SurePark: e27
  • Apple faces local battles as it prepares global payments push: Reuters
  • A Consumer-Drone Pioneer: ‘We’re Learning as We Go’; Jordi Muñoz was a founder of 3D Robotics along with Chris Anderson: WSJ
  • What the Apple Watch Does Best: Make You Look Good; Apple isn’t just selling some wrist-worn computer, it’s selling good looks and coolness, too: WSJ

Energy & Commodities

  • Argentina’s soyabean “stocks bubble” is about to burst as the country’s farmers are set to sell their crops to support their dwindling incomes. FT
  • The Oil Industry’s $26 Billion Life Raft: Bloomberg

Consumer & Others

  • Hershey Wants to Get Americans Chewing: Bloomberg
  • The end of the Coke era: BI
  • How Aldi sells groceries for cheaper than Wal-Mart or Trader Joe’s: BI
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: