Bamboo Innovator Daily Insight: 21 Apr (Tues) – Daniel Levitin on information overload: Why daydreaming not multitasking is the way to process the unprecedented amount of information we now face

Life

• Daniel Levitin on information overload: Why daydreaming not multitasking is the way to process the unprecedented amount of information we now face: YouTube, Aeon
• 5 Secrets To Always Making A Good First Impression: Barker
• The Puzzling Rise in Nearsighted Children; To battle an explosion of myopia, eye researchers try more outdoor time, medication, even a giant, translucent cube: WSJ
• Why there has never been a better time to be an entrepreneur: WaPo
• Here’s how to win any argument: BI
• One CEO says these 7 lessons from ping-pong have helped him grow a successful business: BI
• Macquarie’s bad apples still working in financial planning: TheAge
• The most important lesson I learned as a tech CEO: Fortune
• How A Dying Family Nut Shop Morphed Into A Thriving Web Retailer: Forbes
• There’s a Difference Between Cooperation and Collaboration: HBR
•  Resilient infrastructure key to safer cities: BT

Investing Process

• Olstein Funds: Accounting Alerts Every Investor Should Know: Olstein
• Most powerful mental model from Benjamin Graham [CHART]: VW
• Noble saga: Ball is in regulators’ court; Noble’s AGM raises further concern; Noble AGM: shareholders may not be so supportive next time; Chairmen should take shareholder questions in the spirit of the law: AsianExtractor

AsianExtractor: Unearthing Accounting Fraud in Asia

• Detecting Accounting Fraud in Asia (Part 4): Introducing Six New Measures: AsianExtractor
• Sihuan (460 HK) Updates on Audit Delay: Improper accounting treatment in consolidation trick of using MRAs (Market Research Agents) to exclude hidden sales and distribution expenses to artificially boost profits: AsianExtractor
• 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

• Does the Collapse of a Chinese Developer Signal the Start of More Defaults? Bloomberg
• Chinese Developer Kaisa Officially Defaults, Restructures Debt: ZeroHedge, Bloomberg
• The Mystery of China’s Gold Stash May Soon Be Solved: Bloomberg
• China considers ban on infant formula ads: Reuters
• Turnover explosion at Shanghai stock exchange has too many zeros for software: Reuters
• Auto Makers Try Alternate Routes as China Decelerates; Companies are cutting prices, pushing incentives to drive demand in world’s largest car market: WSJ
• China’s private jet market hits turbulence from graft crackdown: SCMP
• Chinese tycoons account for 20 per cent of world’s billionaires: SCMP
• China shipyards hit as oil price fall forces delay in delivery of rigs: SCMP
• The 80% BlackRock ETF Return That Shortchanged China Stock Bulls: Bloomberg
• China overhauling IPO process, mulls foreign firms listing: report: Reuters
• China needs more reform to avert ‘boom bust’ market scenarios-BlackRock: Reuters
• China Now Has A Record 400 Billionaires And Billionaire Families; Greater China 500+: Forbes
• China adds 23 new billionaires in 5 weeks: Forbes
• China’s Car Market Growth To Halve This Year, And 4 Troubling Trends: Barron’s

India

• India’s Powerful Farming Lobby Turns on Modi: JG

Japan & Korea

• Samsung Will Sell The Galaxy S6 And S6 Edge Without Its Logo In Japan: Techcrunch
• Korea’s Qoo10 is set to embark on an all-new strategy: The leading local online marketplace is forging alliances with shopping-mall owners and big retail chains to scale up its Web-based retail platform in Singapore: TODAY
• Lixil serves up a new style of Japanese multinational; Amalgamated Japanese group defies predictions of disaster: FT
• Analyst says Samsung’s chip gamble might backfire: JA
• Companies’ debts reach 105% of Korea’s GDP: JA
• Korea’s third largest steel maker Dongkuk Steel Chairman Chang Jae-joo will be questioned today for allegedly embezzling company funds and gambling with part of the proceeds at casinos in the United States. KT
• Japan robot receptionist welcomes shoppers at Tokyo department store: JT

ASEAN

• Indonesia’s Widodo to investors: if you have a problem, call me: Reuters
•  Johor lawmakers warn of housing glut in Iskandar: TODAY
• VCs are super optimistic about Indonesia. Here’s why; The country has a lot of unrealised potential. Investors feel it is time to leave your cushy consultant jobs and head to Indonesia: e27
•  Sritex, Tokopedia Shorlisted on WEF’s Global Elite Companies: JG

Macro

• Fund managers bet they can get out before stock market bubble bursts: SCMP
• Mauritius Ponzi Probe Risks Extending Africa’s Worst Stocks Rout: Bloomberg
• Utilities’ Profit Recipe: Spend More; To expand regulator-imposed earnings caps, electricity producers splurge on new equipment, boosting customers’ bills: WSJ
• Emerging market ETFs: solving the liquidity problem or storing it up? Investors have been drawn to exchange traded funds, but do they understand the downside?: FT
• Hidden dangers that banking regulators fail to chart: FT
• 1292 Days and Counting Since Last 10% Correction: FC
• Welcome to the ‘New Mediocre’ of a world drowning in debt: FP

Healthcare

• Immune System Drugs Melt Tumors In New Study, Leading A Cancer Revolution: Forbes
• A Diet Might Cut the Risk of Developing Alzheimer’s; Researchers spent two years developing the MIND diet, which includes many brain-healthy foods like berries and greens: WSJ
• Scientists Target New Painkillers From Spider Venom; Ingredients in venom could lead to new, nonaddictive treatments for chronic pain: WSJ

Energy & Commodities

• Cargill Seeking Poultry Play, Building Palm Oil Mills In Indonesia; Minnesota-based company is also considering entering aquaculture for the first time: WSJ
• Disrupting toilet paper: Solaris makes upmarket attack on $1.4b oligopoly: BRW

TMT

• Elon Musk Had a Deal to Sell Tesla to Google in 2013; On the verge of bankruptcy, the company sought a savior in Larry Page: Bloomberg
• Honoring technology’s power couple: Moore’s Law and the network effect:WaPo
• IBM Continues Painful Transition; Tech giant hurt by stronger U.S. dollar, hardware business: WSJ
•  Google is about to dramatically change how search works on your phone: WaPo, Economist
• Humanoid robot can recognize and interact with people: Reuters
• Too many startups have ‘frightening’ burn rates of $1 million+ per month, warns Silicon Valley investor Sam Altman: BI
• WhatsApp’s growth is incredible: It just added another 100 million new users in 4 months: BI
• The tech sector needs a smarter breed of watchdog; Three ways in which regulators can be more nimble in their dealings with innovative sector: FT
• Germany still has some way to go to ‘smart factories’: experts: ChinaPost
• Are technology companies ripe for disruption? Intuit is said to have been the 47th software company to address the problem of balancing the checkbook: Forbes
• Netflix’s Pursuit of TV Domination Has a New Step: Ownership; Daring to diversify: Netflix bets future on its own original programming: bloomberg, TheAge

Consumer & Others

• Harley-Davidson’s Profitable Road Trip; Harley-Davidson’s appeal is growing abroad even as its core U.S. customer base ages.: WSJ
• 25 companies that are revolutionizing retail: BI
• 3 reasons Keurig’s business will dominate: BI
• Coca Cola: When less is more; Profits are slipping as changing tastes take the sparkle out of the company’s core brand. But can a new cost-cutting strategy succeed?: FT