Bamboo Innovator Daily Insight: 22 Apr (Wed) – Forget Buffett the investor. Follow Buffett the manager; 8-year-old girl earns $173,000 monthly from YouTube channel; Elon Musk’s first wife explains what it takes to become a billionaire: “Shift your focus away from what you want (a billion dollars) and get deeply, intensely curious about what the world wants and needs”
April 22, 2015 Leave a comment
Life
- Forget Buffett the investor. Follow Buffett the manager: Fortune
- Elon Musk’s first wife explains what it takes to become a billionaire: “Shift your focus away from what you want (a billion dollars) and get deeply, intensely curious about what the world wants and needs”: BI
- 8-year-old girl earns $173,000 monthly from YouTube channel: AsiaOne
- Becoming Powerful Makes You Less Empathetic: HBR
- In praise of caregivers; When a loved one requires long-term care, how many of us can really go the distance?: TheStar
- Lose your fear of ridicule and think more like a designer; Start-ups can learn from the ‘make and fail’ design approach, writes Airbnb co-founder Joe Gebbia: FT
- How to become known as the best in your field: BI
- Goh’s folly? No, Jurong is Goh’s glory: AsiaOne
- ‘The Little Prince’ trailer looks better than anything Pixar has made in years: BI
- The Imagination Gap: Business leaders in at least 16 sectors are still not fully prepared for the digital transformation of their industries: Strategy&
- Eight Key Points of Blue Ocean Strategy: Insead
- 8 habits of curious people: FastCo
- Brand camp: how to market a family business: CampdebFB
- ‘Daredevil’ and the fantasy of an easy fight against gentrification: WaPo
- Smart Arms Control the Potential Chaos of Octopus Movement; How does an octopus control eight highly flexible and independent arms so well?: NYT
- The World’s Most Reputable Companies In 2015: Forbes
- Why Worrying About Competition Can Destroy Your Business: Forbes
- Why finding the right career is as rare as getting a seat on a rocket ship: Fotune
- ‘Vague’ Japanese language can be maddeningly specific: JT
- Why “Company Culture” Is a Misleading Term: HBR
- There Are Still Only Two Ways to Compete: HBR
- Why So Many of Us Experience a Midlife Crisis: HBR
- Still Hungering for Tech Knowledge, Corporate Directors Pay for Education: WSJ
- The Trouble With Grading Employees; Performance ratings such as ‘meets expectations’ sap workers’ morale, but firms aren’t sure they can do without them: WSJ
- Your Total Addressable Market Stat Is Probably a Lie: Hunterwalk
- What I’d tell myself about startups if I could go back 5 years. TQ
- This meditation teacher has an amazing explanation – and solution – for why so many of us can’t escape the voice in our heads: BI
- LearnVest CEO shares her 2 favorite interview questions: Tell me about a time on a Sunday that you were thinking about going back to work and you hated your job. Why? What was it?: BI
Books
Investing Process
- How To Trade Like Stan Druckenmiller, George Soros And Jim Rogers: Felder
- Why ‘investing’ in art is a terrible idea: BI
- Carson Block sounds like he’s having a great day since the co-CEO of one of his short targets China NQ Mobile stepped down: BI
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
- China Sees First Bond Default by State Firm With Tianwei: Bloomberg
- Aberdeen, Blackrock flag risks in frothy Chinese stock markets: Reuters
- Of free floats and nutty markets in China; right way to look at margin leverage is by using free float vs mkt cap; the margin data in China understates the real level of leverage in retail punters’ often weak hands: FT
- Investors Just Got a Billion-Dollar Lesson in China’s ‘Mystery Meat’; The stakes have never been higher in assessing financial risks in China: Bloomberg
- Blackstone CEO Schwarzman Sees ‘Excess’ in China’s Market: Bloomberg
- Defaults Are Just What China Needs; China Should Let a Hundred Defaults Bloom: Bloomberg1, Bloomberg2
- The head of Cofco, the Chinese state-owned grains trader, has laid out plans to turn the company into a publicly listed global powerhouse, highlighting Beijing’s decision to relax its policy of food self-sufficiency: FT
- China cannot truly compete until it exports ideas: FT
- Macau: The big gamble; As China’s anti-corruption campaign dents revenues in the city, officials and casino operators are adapting their business model: FT
- Marketplace lenders and the Chinese path to a gift-card economy: FT
- BMW China plans to put WeChat in cars without relying on Tencent: Reuters
- China Margin Lending: Extreme Edition: WSJ
- Yum Struggles in China as Its Novelty Fades; Pizza Hut and KFC, early entrants in Asia, lose edge to new brands: WSJ
- Tongrentang: From emperor’s pharmacist to world TCM leader: WCT
- MediaTek, a leading Taiwanese IC design company, was the 10th largest semiconductor brand supplier in the world in 2014, up five notches from a year earlier: WCT
- Why Chinese Hospitals Are Boycotting Baidu; Thousands of hospitals refuse to pay for Baidu search results as a pricing dispute shakes China’s online advertising sector: Caixin
- Cirque du Soleil latest brand to tap China’s vast consumer market: ‘It is a massive opportunity’: FP
India
- Japan’s Daiichi closes book on India foray: FT
Japan & Korea
- Loyalty to 1960s Machine Shows Risk From Japan’s Aging Factories: Bloomberg
- Conglomerates at a crossroads: JA
ASEAN
- Indonesia Pushes Overhaul of State Firms as Key to Growth; Minister for state-owned enterprises aims to boost transparency: WSJ
- Indonesia 7% Growth Goal Elusive as Djalil Signals Delay: Bloomberg
- Vietnam’s inward investment surge — will it last?: FT
- SAP Sees Technology Helping Indonesia Take Lead Role in a Hyperconnected Asean: JG
- Some Indonesians Unconvinced of AEC’s Opportunities, Consultant Says: JG
- KakaoTalk in talks to buy Path as Indonesia grows: e27
Macro
- Can Finland Be Run Like a Business? Unless you count Thailand’s Thaksin Shinawatra, Sipila is the first tech entrepreneur to become leader of a top-100 economy: Bloomberg
- Debt Piles Up in Asia, Threatening Growth; Countries borrowed a lot during the crisis, and kept doing so afterward: WSJ
- Spreadsheet and Gumption Were All U.K. Trader Needed to Rig Market: Bloomberg
- Short-Selling Herds Finding April Is the Cruelest Month Since 2009: Bloomberg
- How futures trading could crash stocks: FT
- Mexico steals a march on China in car manufacturing: FT
- Vancouver: Canadian west coast powerhouse: FT
- Prepare for a rough ride in EM bonds; Good times are ending for corporate borrowers in emerging markets: FT
- Asia Must Help Itself to Solve Infrastructure Puzzle; More needs to be done to tap the region’s pool of capital rather than relying on funding from multilateral institutions. Barron’s
- Australia property sector needs money laundering safeguards -report: Reuters
Energy & Commodities
- Buttered Coffee Could Make You Invincible. And This Man Very Rich: Bloomberg
- Noble Group barred from Platts’ oil pricing process : Reuters
Healthcare
- Private investors stake their dreams on risky biotech start-ups: FT
- Unlike web deals, healthcare investing is growing faster outside major hubs: Pando
TMT
- Retail Traders Wield Social Media for Investing Fame; Dispensing stock tips on Twitter, Facebook and online brokerage sites, some build a following; ‘If you’re wrong, people will know it.’: WSJ
- The Man Who Broke the Music Business: The dawn of online piracy. NewYorker
- IT companies need to shift toward IoT commercialization: KT
- Technology to spawn the next black swan: BlackRock CEO: BT
- Nokia bets software revolution will help avoid past merger errors: Reuters
- Five Apps Bringing the Next Billion People Online: WSJ
- Tech Companies Struggle to Get World on Internet; Google and Facebook are scrambling to reach billions of people still without Web access, but the Internet’s expansion is actually slowing: WSJ
- Google Uses Algorithm To Flag Suspicious Payments: WSJ
- Pet care goes digital in apps and devices: JA
- Why You’ll Hate the Apple Watch And The Important Business Lesson You Need To Learn: Techcrunch
- 7 awesome ways quantum computers will change the world: BI
Consumer & Others
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