Bamboo Innovator Daily Insight: 4 May (Mon) – The most brilliant things Warren Buffett and Charlie Munger said at Berkshire’s annual meeting
May 4, 2015 Leave a comment
Life
- The most brilliant things Warren Buffett and Charlie Munger said at Berkshire’s annual meeting: BI
- How To Win Like PayPal Co-founder Peter Thiel: Six Of His Rules for Business Success: Forbes
- Charlie Munger – Part Nine: Colorful Charlie And The Cinderella Principle: VW
- 40 Busy Years Later, Paul Allen, a Microsoft Founder, Considers His Creation: NYT
- Warren Buffett forced to defend relationship with Brazil’s 3G Capital: FT
- Fantastic words with no easy translation in other languages: Quartz
- How To Get Smarter: barker
Investing Process
- Hang Seng warrants: traders complain; In 3 letters to SGX and MAS, they allege Macquarie’s pricing is “unfair” and “erratic”, with warrants often not moving in line with underlying index: BT
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
- This Listed Chinese Company Says It Won’t Stand By Its Own Earnings Report: WSJ
- In China’s Bond Market, Something Worse Than A Default: Forbes
- Spring Airlines’ billionaire-on-a-budget is prepared to spend more on Japan; The frugal founder and president of Spring Airlines believes firmly in the untapped market potential for air travel between China, Japan and Korea: SCMP
- Contract manufacturers moving out of China: WCT
- Super-mega SOEs are the goal of China’s economic reforms: WCT
India
- Why India is biometrically tracking its government bureaucrats: CNN
Japan & Korea
- Monday interview: Hwang Chang-gyu, KT chief executive; After Samsung fame, the South Korean attempts telecoms turnround: FT
- K-Wave boosts economic growth; The economic effect of the so-called Korean Wave, or Hallyu, was estimated to be 12.6 trillion won ($11.6 billion) in 2014: JA
ASEAN
- LME fines Singapore trader CWT for metal warehouse rule breaches, but bigger issue haunts ties with large operators: SCMP
- Thai transfer pricing on the verge of new era with new laws in the near future; Under the proposed TP rules, taxpayers will be required to prepare “contemporaenous” TP documentation to evidence their transfer prices are at arm’s length: Nation
- Foreign investment surges into Vietnamese retail: FT
Commodities & Energy
- LME swats a warehousing fly, but what about the tigers? : Reuters
TMT
- Dumb ‘Smart’ Gadgets: The Bubble Is Set to Burst; Startups devote funds, brain power to making everyday objects ‘smart,’ but a shakeout will likely leave few standing: WSJ
- As Vice Moves More to TV, It Tries to Keep Brash Voice: NYT
- The (very) big fight for the small screen; A rising class of Internet video companies is challenging the supremacy of broadcast TV-and they’ve come with a list of 10 Totally Awesome Reasons Why They’re Doing It Wrong. Fortune
- Icahn calls Apple a rare 50-year success: FT
Consumer & Others
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