Bamboo Innovator Daily Insight: 15 Apr (Wed) – Here’s the paradoxical trait that Peter Thiel looks for in employees: “You want people who are both really stubborn and really open-minded”; when somebody embodies rare Zen-like opposites, they’ll be more likely to come up with original ideas

Life

• Here’s the paradoxical trait that Peter Thiel looks for in employees: “You want people who are both really stubborn and really open-minded”; when somebody embodies rare Zen-like opposites, they’ll be more likely to come up with original ideas: BI
• How Jay-Z became such a successful businessman; Before he ever was a successful rapper or businessman, Jay-Z was Shawn Carter, a teen drug dealer on the streets of Bed-Stuy, Brooklyn: BI
• 12 timeless lessons from one of Warren Buffett’s favorite books, ‘How to Win Friends & Influence People’: BI
• Abraham Lincoln was assassinated 150 years ago today — here are 11 of his best quotes: BI
• The amazing story behind the only photograph of President Lincoln in death: BI
• How Spanx Got Me An Interview With Warren Buffett: VW
• How One Company Turned the Recession into an Opportunity – and Thrived: Insead
• Big Ideas Mark the Path from Strategy to Execution: Strategy&
• CEMEX: An Emerging Market Multinational: Strategy&
• CEMEX’s Strategic Mix: This Mexican cement company redefined itself as a global solutions provider with the critical capabilities to match: Strategy&
• David Cameron has trouble answering a 10-year-old’s simple question: “If you could pick one politician apart from yourself to win, who would it be, and why?”: BI
• Lack of vocational education stifles US mobility: BI

Investing Process

• Why ‘smart beta’ strategies deserve all the attention and assets they’re attracting; Strategies represent a cost-effective way to harnes quantitative insights and quickl, easily implement them in portfolios: IN
• Booth Laird On Melting Ice Cube Investments; Hidden Gems: VW
• Munehisa Homma – Father of Japanese Candlesticks: MD

AsianExtractor: Unearthing Accounting Fraud in Asia

• China Environment FY2014: Significant Deterioration in Receivables Collectability And No Provision for Impairment: 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 Link Is No Match for 44% One-Day Score in Chinese IPOs: Bloomberg
• China Needs to Soothe Pain of Leaky Capital: WSJ
• China’s New Normal of Slower Investment; Investment is no longer the growth-driver it once was, but Beijing also needs to come to terms with the fact that consumption isn’t filling the gap. WSJ
• Behind China’s Billion-Dollar Startups: Alumni of Alibaba, Tencent; Growing number of tech entrepreneurs got their start at country’s Web giants: WSJ
• China Follows the Silk Road in Search for Land of Fast Growth: Bloomberg
• China’s Rally Is Pushing Its Companies Back Into the Rank of World’s Largest Stocks: Bloomberg
• China Stock Frenzy Gets More Manic With First Leveraged ETF: Bloomberg
• Harvard Medics and Million-Dollar Care Are Must-Haves in China: Bloomberg
• China’s Liquor Giant Reveals Record Deliveries Without Cash: Bloomberg
• Chinese drone-maker seeks funding at $10bn valuation: FT
• Rural China struggles to adapt to to e-commerce models: WCT
• TSMC controls over half of global foundry market: Gartner: WCT
• Reforms fuel concerns over regulator role for HKEx: SCMP
• China’s Tencent for the first time hit a market cap of more than $200 billion, making it more valuable than U.S. tech firms like Amazon.com Inc, IBM and Oracle: Reuters

India

• How to Manage One of India’s Most Important Risks; With Remarkable Performance May Come Valuation Risk: WisdomTree
• World’s Most Expensive Bank Stock Is a 20%-a-Year Growth Machine: Bloomberg
• India pickles are no longer preserve of SMEs: FT
• The long arm of India’s tax authorities: FT
• Narendra Modi must tame the turbulent tax system in India: FT

Japan & Korea

• Japan Skirts Immigration Debate by Offering ‘Internships’ to Foreigners; Shinzo Abe’s government looks to extend programs criticized by U.S. as fraught with rights abuses: WSJ
• Lovers in Japan Get Little Relief on Wedding Costs; Japan’s wedding business shrinks as population declines, economic uncertainty abounds: Bloomberg
• For Koreans, Kakao Story is way to keep in touch: JA
• Koito Can Shine Thanks to LED Headlight Boom; Shares can drive higher as LED headlight sales trickle down from luxury to mass market brands.: Barron’s

Macro

•  California’s Water Woes Are Priceless; A case study in how politics precludes a rational solution to the problem of drought.: WSJ
• 57% Of Activist Firms Founded After The Year 2000 [INFOGRAPHIC]: VW
• SEC investigating sale of complex securities to mom-and-pop investors: official: Reuters
• Goldman Has Some Tips for Hedge Funds That Can’t Short Straight: Bloomberg
• California’s Water Woes Are Priceless; A case study in how politics precludes a rational solution to the problem of drought. Bloomberg
• Europe’s debtor paradise will end in tears; Nasty surprises lurk for those who have embraced negative yields: FT
• Ghana’s Success Story Goes Dark: Bloomberg

TMT

• Los Angeles Dodgers Turn to Technology in Hopes of Engaging Fans; Baseball club looking to collaborate with startups on fitness tracking, other programs: WSJ
• Music Services Overtake CDs for First Time; Revenue from downloads, subscriptions surpasses CD revenue in 2014: WSJ
• What happens when factory robots are freed from their cages: WSJ
• Los Angeles Dodgers Turn to Technology in Hopes of Engaging Fans; Baseball club looking to collaborate with startups on fitness tracking, other programs: WSJ
• Music Services Overtake CDs for First Time; Revenue from downloads, subscriptions surpasses CD revenue in 2014: WSJ
• How Diller’s Google prediction came true: FT
• Internet of things drives Intel revenues: FT
• The Robotics Inventors Who Are Trying to Take the ‘Hard’ Out of Hardware: NYT
• After 5-year absence, ‘Guitar Hero,’ ‘Rock Band’ to return: JP

Consumer & Others

• Mr. Pizza’s China operations have made a profit for the first time in 15 years, thanks to a robust partnership with local retailers and the Westernized eating habits of customers: KT
• Avon’s in a ding-dong battle to stay in business: Fortune