Bamboo Innovator Daily Insight: 12 Apr (Sun) – The Moral Bucket List: What kind of adventures produce goodness, rather than build résumés? All that matters is living up to the standard of excellence inherent in their craft; How to Find Your Bliss: Joseph Campbell on What It Takes to Have a Fulfilling Life

Life

• The Moral Bucket List: What kind of adventures produce goodness, rather than build résumés? All that matters is living up to the standard of excellence inherent in their craft. NYT
• How to Find Your Bliss: Joseph Campbell on What It Takes to Have a Fulfilling Life: BP
• Simone Weil on Temptation, the Key to Discipline, and How to Be a Complete Human Being: BP
• Richard Feynman on How His Father Taught Him about What Is Most Important; How to plant the seed for the lifelong pleasure of finding things out. BP
• Change the Narrative, Change Your Destiny: How James Baldwin Read His Way Out of Harlem and into Literary Greatness: BP
• Why Do We Have Allergies? Digg
• China a threat? Take some risks like Jack Ma; Sir Martin Sorrell, an ‘unabashed Chinese bull’, on why UK bosses should be taking lessons from China’s golden boy, Alibaba founder Jack Ma: Telegraph
• Warren Buffett’s Nifty Tax Loophole; Warren Buffett has backed higher individual tax rates–while ensuring that his vast wealth in Berkshire Hathaway is almost immune. Barron’s
• Memo to CEOs: Scrap the customer visit: JP

Investing Process

• Boyles Asset Management on Moat Investing, Continuous Learning, and Daily Rituals. ERI
• Saj Karsan on Quality Of The Management Team, Buying & Selling Discipline, And His Biggest Investing Mistake. ERI
• Billionaire Brandes teaches the hard lessons involved in value investing: Globe

AsianExtractor: Unearthing Accounting Fraud in Asia

• 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

• China developer Evergrande classifies debt as equity, cuts leverage; accounting treatments effectively mask the amount of debt a company actually holds: Reuters
• China to curb visits to Hong Kong by Shenzhen residents – NPC deputy: Reuters

Japan & Korea

• Outdates Otsuka Kagu business model is at the root of family feud: JT

ASEAN

• Commodity giants’ Singapore trading hubs under fire in tax probes: Reuters
•  Philippine Entrepreneurs Blossom With Help From Startup Support Network: WSJ
• Trickery and False Promises in Thailand; The country’s military junta lifted martial law only to replace it with even more draconian powers.: NYT

Macro

• Tail can wag dog when ETFs influence single stocks, Goldman Sach says: FP
• Druckenmiller Recounting Soros Experiences Blasts Fed Policies: Bloomberg

TMT

• How Apple Watch’s retail experience could turn off some Apple Inc fans; the company’s attentive approach to retail could turn off potential buyers who might prefer browsing the device and discovering its features on their own. FP
• The wait for the next big breakout hit in Silicon Valley might take longer than you think: WaPo