Bamboo Innovator Daily Insight: 29 Apr (Wed) – Why you need to commit to something to find your calling
April 29, 2015 Leave a comment
Life
- Why you need to commit to something to find your calling: BI
- Charlie Munger’s 2015 Daily Journal Annual Meeting: Forbes1, Forbes2, Forbes3, Forbes4
- Don’t Force Decisions; Just Back Off and Adjust. Or Go for a Walk. NYT
- How You Make Decisions Is as Important as What You Decide: HBR
- The Art of Evangelism: HBR
- Old Management Systems Stifle New Business Models: HBR
- Charlatans exist, in finance (and medicine), because we crave certainty: ReformedBroker
- Why this CEO believes an MBA is worthless: Fortune
- Are You OK? Xiaomi CEO’s Awkward English Goes Viral, Sparks Debate: WSJ
- Manny Pacquiao: Where It All Began; In General Santos, there are signs of the local hero’s success everywhere across the city: WSJ
- Why Buffett’s Capitalist Woodstock Won’t Endure Like Garcia Jams: bloomberg
- Ten things I learned studying ten of the world’s fastest growing startups: Quartz
- How ‘doing the kind thing’ is changing the way we snack and give back one bite at a time: FP
- The ship of fools and the country of fools; The ship of fools is an allegory ascribed to Plato that describes a captainless ship drifting at sea, carrying deranged and disoriented passengers entirely oblivious to their course: KH
- LKY: Singapore’s anti-corruption visionary: BT
- New Spore: Hwa Chong boy boasts loudly on bus about getting teacher fired: AsiaOne
Books
- The Art of Work: A Proven Path to Discovering What You Were Meant to Do: Amazon
- Crossing the Unknown Sea: Work as a Pilgrimage of Identity : Amazon
- The Fire Starter Sessions: A Soulful + Practical Guide to Creating Success on Your Own Terms: Amazon
Investing Process
- The Continued Rise Of Smart Beta: ETF
- Endurance International Group: Nasdaq listed web hosting company is a Web of Deceit (Gotham City Research): FT, Gotham
- Even Financial Pros Choose Indexing for Retirement Savings: Bloomberg
- Let’s Impair That Goodwill: Techcrunch
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
- Chinese Companies Keeping the Dream Alive with Leverage and Channel Stuffing: Gavekal
- China gives more say to graft watchdogs in leadership nomination: xinhua
- China Targets Online Shopping in the Gray Zone; Officials want to thwart tax and tariff evaders whose businesses involve buying foreign goods through the Internet: Caixin
- Wang Jianlin, a Billionaire at the Intersection of Business and Power in China: NYT
- Tencent Challenges Google, Alibaba With Own Smartphone Software: Bloomberg
- The Haier Road to Growth: Strategy&
- Global Car Makers Get Savvier in China; Nissan, GM, Honda coach Chinese sales forces in mature-market techniques as demand cools: WSJ
- Mainland China stocks tumble on fresh warning from regulator: SCMP
- China Quickens $11 Billion Fuel Quality Upgrade Amid Smog Fight: Bloomberg
- Taiwan Leaps Past Asian Tigers as Economy Upgrades With IPhone: Bloomberg
- China Is Set to Lose Manufacturing Crown; Manufacturers will be drawn to Southeast Asia’s strengths, including the strategic location and cheap labor of Myanmar, Cambodia and Laos: Bloomberg
- Apple IPhones Sales in China Outsell the U.S. for First Time: Bloomberg
- Walmart accelerates China expansion: FT
- China’s rainmakers head for cover; Investment banks are feeling the strain in the light of post-financial crisis regulation and costs: FT
- Investors in China want more big money SOE mergers: WCT
- Rule No. 1 in China’s Bull-Market Rally: Don’t Look at Earnings: Bloomberg
- A Chinese LTRO: the trouble with market based financing continues: FT
- Beijing Fuels Bull Run to Bail Out China Inc.; A focus on policy before profits means investors should be wary of more money printing and mega mergers.: Barron’s
India
- Chinese come calling: At $5 bn valuation, Alipay to buy 25% stake in Micromax: Indiatimes
- Financial Inclusion: How Banking Is Coming to India’s Countryside; India is using subsidies to bring more people into the financial system: WSJ
- Bandhan: new bank with unlikely head start on Indian billionaires: FT
- Inox: The wind beneath its wings; From industrial oxygen to refrigerant gases, chemicals to cinema exhibition, the Inox Group has diversified its portfolio over the last five decades: Forbes
Japan & Korea
- Japanese M&A Overseas Takes Off; Shrinking market at home, ample cash, bring deals; WSJ
- Toyota Tests Unique Stock to Draw Long-Term Investors: Bloomberg
- Why Japan is vulnerable; Foreign inflows could trigger spike in rates which would hit its banks: FT
- Amorepacific’s Sulwhasoo takes global beauty market by storm: KT
- Q&A: Sony CEO Kazuo Hirai Says Company Must Evolve: WSJ
- How Sony Makes Money Off Apple’s iPhone; Image sensors for Apple, Samsung fuel Japanese consumer-electronics giant’s turnaround strategy: WSJ
ASEAN
- Currency Hedge Catch-22 Confounds Indonesia as Rupiah Swings: bloomberg
- Surf, Sand and Software Turn Danang Into Vietnam’s ‘It’ City: Bloomberg
- Malaysian oil and gas services provider Icon Offshore Bhd execs get 6-month leave to assist ongoing investigations by the Malaysian Anti-Corruption Commission (MACC).: TheStar
Macro
- SEC is investigating whether Bank of AmericaCorp. broke rules designed to safeguard client accounts, potentially putting retail-brokerage funds at risk in order to generate more profits: WSJ
- The Collapse of a Huge For-Profit College Company Could Cost Taxpayers $200 Million: Bloomberg
- Negative Rates Are Turning This Corner of the Credit Market Crazy; Negative rates mean zero percent interest for investors in securitized debt: Bloomberg
- Gundlach Weighs 100-Times Levered Bet Against German Bonds: Bloomberg
- Goldman Sachs says Australia at risk of losing AAA rating: TheAge
- Negative interest rates put world on course for biggest mass default in history; More than €2 trillion-worth of eurozone government bonds trade on a negative interest rate. It’s a bubble that is bound to end badly: Telegraph
- SEC Is Set to Propose New Rules on Executive Compensation; Proposal makes it easier for investors to determine whether pay aligns with a firm’s financial results: WSJ
Energy & Commodities
- Deflation? Oil’s 45 percent rebound could be markets’ next headache: Reuters
- Oil-Sand Woes Set to Deepen as Shaky Petro-Dynasty Risks Defeat: Bloomberg
- For Sale: Used Oilfield Machinery; Firms try to unload equipment after collapse in oil prices and U.S. drilling: WSJ
- The Oil Rally Looks Doomed, in Five Charts: Bloomberg
Healthcare
- The Biggest Chicken Seller in the U.S. Is Eliminating Antibiotics; Tyson Foods will stop using human antibiotics in its broiler chickens by 2017; Bloomberg
TMT
- Amazon Business Aims for $1 Trillion Corporate-Spending Market: Bloomberg
- Psychonalyzing Comcast; Why the company persists in a business model that reaps political and commercial blowback. WSJ
- Tesla’s Next Big Idea: Storing Power; Giant factory in Nevada would use excess capacity to make industrial batteries to hold electricity: WSJ
- In Advertising Battle, TV Fights Back Against the Web; Networks say ad targeting is improving and audience size tops Internet: WSJ
- F1 technology moves into the supermarket fridge: Reuters
- The Math Behind ESPN’s Fear of Verizon’s Skinny Bundles: Bloomberg
- Analyst Says Apple Will Go to $195 and That the Watch Will Be Its Best-Selling New Product Ever: Bloomberg
- Elon Musk Bulks Up Tesla Batteries in Leap Beyond Cars to Grid: Bloomberg
- Soaring Results Drive Sky-High Returns for the Cloud’s Biggest Billionaires; Cloud computing is a big winner this earnings season: Bloomberg
- Media: Comcast’s next act; After Brian Roberts’ $45bn bid for Time Warner Cable was blocked, will he move to counter the internet upstarts?: FT
- Music Startup Jukely Pulls In $8 Million To Expand Its Concert Subscription Service: Techcrunch
- Contextly Builds A Button For Following Breaking News: Techcrunch
- Imgur: A viral content empire; Alan Schaaf transformed a simple file uploader into a viral content empire. Now he has to turn Imgur into a business: Forbes
- This $3 billion game franchise crashed and burned five years ago-but now it’s back. Here’s why.: Fortune
- The long and quiet history of Tesla’s grid batteries: Fortune
- A Recharge for Qualcomm From an Activist Hedge Fund: Barron’s
Consumer & Others
- Cars to be fitted with automatic emergency calling from mid-2018: Reuters
- Lululemon’s men’s clothing line has one big problem: the company’s curvy logo: FP
- Proxy advisory firm gives Magna International Inc first thumbs-up on executive pay since Stronach era: FP
- Air conditioning use poised to spike worldwide: AFP