Bamboo Innovator Daily Insight: 11 Apr (Sat) – Louis C.K. has a characteristically no-frills way of making sure his daughters aren’t spoiled; Here’s the powerful essay that got a high school senior into all 8 Ivy League schools; Chasing Happiness: ‘No one will be happy if tormented by the thought of someone else who is happier,’ Seneca said

Life

  • Louis C.K. has a characteristically no-frills way of making sure his daughters aren’t spoiled: BI
  • Here’s the powerful essay that got a high school senior into all 8 Ivy League schools: BI
  • High school student who just got into all 8 Ivy League schools shares 4 keys to success: BI
  • Chasing Happiness: ‘No one will be happy if tormented by the thought of someone else who is happier,’ Seneca said. WSJ
  • Brainstorming with Marc Andreessen: Fortune
  • Making a Big Decision When You’re Not Sure Which Choice Is Right: TinyBuddha
  • 4 Key Ingredients For Creating An Ideas Incubator; When fostering in-house innovation, companies need to understand exactly what startups thrive on. FastCo
  • Harvard Business School Makes Nearly $200 Million a Year Selling Case Studies; The school has cornered the market with a product its rivals use: Bloomberg
  • CFOs Unhappy with Budget Process; Only 37 percent of CFOs and finance leaders say their organization’s approach to annual budgeting is valuable, and, of those, all of them think it needs be improved: AT
  • Boeing just patented a bizarre ‘cuddle chair’ that could revolutionize how we sleep on airplanes: BI
  • James Dyson lines up his son as successor by buying his lighting company: Telegraph
  • Her Stinging Critiques Propel Young Adult Best Sellers; Julie Strauss-Gabel, the Dutton publisher who has developed many of the star writers who are reshaping children’s literature, is known for her unconventional taste and stinging critiques. NYT
  • Why a Harvard Professor Has Mixed Feelings When Students Take Jobs in Finance: NYT
  • The Rise of Cooperative Games: In Pandemic and other cooperative games, players work together toward a common objective: WSJ
  • Science Books That Made Modernity: Darwin’s radical ideas were accepted surprisingly quickly by an English public already steeped in science.: WSJ

Investing Process

  • Blur Group plummets as watchdog probes accounts; Blur Group plummets as watchdog probes accounts: Telegraph
  • Why Hair-Trigger Stock Traders Lose the Race; Have investors finally started to get their hyperactivity under control?: WSJ

AsianExtractor

  • 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

Greater China

  • Hong Kong Poised to Top Japan as World’s No. 3 Stock Market: Bloomberg
  • China investors: Stock market fever; Retail money is pouring into tech shares and other ‘concepts’ – and the buoyant mood is spreading: FT
  • Results of PPP Investment Model Don’t Match Early Enthusiasm; The government had hoped public-private partnerships would provide capital for infrastructure projects, but so far little has been accomplished: Caixin
  • Does the Mobile Hit Game Clash of Clans Solve a Human Need in China?: Forbes
  • Bond investors still betting Beijing will save their bacon: Reuters
  • Stock maniacs are everywhere, even in Sai Kung country park; The current rally is being driven by investors from all walks of life betting on Beijing’s decision to allow public funds to invest: SCMP
  • In China, knock-off Apple Watches have their own fans: Reuters

India

  • Indian Firms Go Hunting in Germany’s Mittelstand; Midtier companies in Germany sometimes are rescued by bidders from India: WSJ

Japan & Korea

  • No Closure for Korea as Ferry Disaster Haunts President Park: Bloomberg
  • Japan’s Mitsubishi sets sights on niche in aircraft sector: CP
  • Korean cosmetics companies racing for IPO: KT
  • Japan’s Amari: small equities bubble manageable, signals corporate growth: Reuters

ASEAN

  • Is Malaysia’s 1MDB a tragedy or farce?: TODAY

Macro

  • General Electric to Sell Bulk of Its Finance Unit GE Capital — once the most powerful driver of the company’s earnings; The Humbling of Big Finance: GE balks at the costs of being too big to fail: NYT, WSJ
  • Peltz’s Attacks on DuPont Threaten America’s Research Edge: NYT
  • The Lessons for Finance in the GE Capital Retreat: NYT

Energy & Commodities

  • The Rockefeller Family Offloads Its Oil Holdings: Barron’s
  • Royal Dutch Shell’s Big Buy Is Blow to Oil-field Services: Services firms likely to consider more deals of their own: WSJ
  • Saudi Arabia Maneuvers to Retain Oil Crown; The kingdom is struggling to maintain its share of the global crude market against traditional allies in the U.S. and Persian Gulf: WSJ

Healthcare

  • Venture capitalists ride biotech wave one drug at a time: Reuters

TMT

  • How Apple plans to sell a $10,000 Watch: FT
  • This Custom Apple II Watch Is My New Favorite Thing: Techcrunch
  • Life after God: Markus Persson became a deity to millions in his virtual world Minecraft: Forbes
  • Reviving the Flagging Spirit of Silicon Valley: When stock options were larger and liberally granted, the Valley was braver, more innovative and dynamic.: WSJ

Consumer & Others

  • Convenience stores are evolving to woo customers by offering new services such as study rooms, fitting rooms and food courts. KT
  • Can Owens-Illinois Put the Genie Back in a Bottle? Strong dollar, disappointments abroad pour gains out of glass containers: WSJ
  • Wal-Mart said the Walton family was putting 6% of the retailer’s outstanding shares in a newly formed trust for possible sale to offset expected increases in its stake due to stock buybacks and to help fund charitable contributions.: TODAY

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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