Bamboo Innovator Daily Insight: 9 May (Sat) – 25 daily habits that will make you smarter; The Navy SEAL Art of War: Leadership Lessons from the World’s Most Elite Fighting Forc

Life

  • 25 daily habits that will make you smarter: BI
  • 9 Ways Mentally Strong People Prevent Self-Pity From Sabotaging Their Success: Forbes
  • How one woman survived a bad career break, then launched a life-changing business; The inspiring, never-say-die story of Homa Dashtaki and White Moustache yogurt.: FastCo
  • How to be good: Biologists and philosophers offer different answers on how to help altruism flourish. By Stephen Cave: FT
  • How WisdomTree’s Jonathan Steinberg Made Good on a Second Chance: NYT
  • The Life of the Mind: Can biographies really help us understand the scientific ideas that shape our world?: WSJ
  • Boyz II Men’s Nathan Morris And Shawn Stockman, On Their Formula For Success: Forbes
  • Behavioural economics has made headway, but still has a long way to go: Economist
  • The long hard task of America’s founding fathers: Economist
  • Tired Of Recruiting’s Broken Image, Airbnb Rewrites The Playbook: Forbes
  • Scents of Smell Rooted in Math: Nose knows different odors, no matter how powerful, thanks to predictable patterns transmitted to brain: WSJ
  • How Our Brains Judge Crime Cases: WSJ

Books

  • The Navy SEAL Art of War: Leadership Lessons from the World’s Most Elite Fighting Force : Amazon, BI

Investing Process

  • Chart that tells a story – Aim listings: FT
  • A Dozen Things Taught by Warren Buffett in his 50th Anniversary Letter that will Benefit Ordinary Investors: 25iq
  • This Time It’s Different for Investors? No-and Yes: The lessons to be learned from ‘the four most dangerous words’ in investing: WSJ
  • Stock Market 101: Teaching the Wrong Lessons?: WSJ

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

  • The $364 Billion Real Estate Threat Inside China’s Biggest Banks: Bloomberg
  • Alibaba has a new CEO, but it’s still Jack’s house: Reuters
  • China’s next massive transformation in its financial supply chain: ChinaPost
  • Cultural revolution: Jack Ma purges Alibaba c-suite of those aged above 45: BRW
  • Online money market funds lose luster for Chinese investors: WCT
  • Tencent Comes Out On Top In China Mobile Game Wars: Technode
  • China’s plan to deal with its debt mountain: FT
  • ‘Don’t Con Us’: China’s Smokers Grumble Over Tax Hike: WSJ

India

  • Retailing in India: Bharti looks to Future; In the absence of interest from foreign firms, two Indian grocers team up: Economist
  • Beware India’s E-Commerce Bubble: Bloomberg
  •  India looks to defuse tax row with foreign fund managers: FT

Japan & Korea

  • Toshiba Withdraws Forecasts, Cancels Dividend on Accounting Probe: Bloomberg
  • The chief financial regulator opposes the so-called “Samsung Life bill,” in which an insurance company can own no more than a 3 percent stake in its affiliate by market value: KT

ASEAN

  • Bad policy as much as bad infrastructure is holding Indonesia back: Economist
  • Vietnam Embraces Golf as a Driver of Jobs; Government clears way for development projects as enthusiasm for game grows: WSJ
  • Asean countries to benefit from China’s waning competitiveness; Asean countries to benefit from China’s waning competitiveness: FT
  • Dr Mahathir asked to explain sons’ lavish lifestyles: AsiaOne

Macro

  • The anti-bribery business: As the enforcement of laws against corporate bribery increases, there are risks that it may go too far: Economist
  • Manufacturing in America: The world’s toughest motorbike-maker meets a grisly opponent-the dollar: Economist
  • How Pimco Lost Its Mojo: bloomberg
  • Boom! A bond market implosion this big has only happened twice in the past 15 years: FP
  • Violent bond moves and half a trillion dollars in losses in two weeks signal tectonic shifts in global markets: FP
  • Regulation Run Amok-And How to Fight Back: Too many government regulations today are pointless and prevent us from doing our jobs as well as we could, writes Charles Murray. His modest proposal: Ignore them.: WSJ

TMT

  • Eat or be eaten: With a wave of consolidation in prospect, America’s big internet firms look set to divide into predators and prey: Economist
  • Liquid-nitrogen engines: An inventor’s persistence may be about to pay off: Economist
  • The dawn of artificial intelligence: Powerful computers will reshape humanity’s future. How to ensure the promise outweighs the perils: Economist
  • BlackBerry CEO Chen Faces Ghosts From Company’s Halcyon Days: Bloomberg
  • Meet Carhood, the start-up out to disrupt airport parking; Melbourne airport made $87 million out of its parking last year, equating to $3500 a car space. Sydney airport manages to squeeze $5221 from each of its spaces; BRW
  • Uber Bids for Nokia Maps Service to Lessen Google Reliance: WSJ
  • German carmakers may need help to bid for Nokia’s high-tech maps: Reuters
  • Using Analytics To Predict The Future Of TV Content And Distribution: Forbes

Consumer & Others

  • There are 2 main differences between people who eat at Chipotle and McDonald’s: BI
  • McDonald’s can sell burgers the way Obama wins votes: FT
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About bambooinnovator
Kee Koon Boon (“KB”) is the co-founder and director of HERO Investment Management which provides specialized fund management and investment advisory services to the ARCHEA Asia HERO Innovators Fund (www.heroinnovator.com), the only Asian SMID-cap tech-focused fund in the industry. KB is an internationally featured investor rooted in the principles of value investing for over a decade as a fund manager and analyst in the Asian capital markets who started his career at a boutique hedge fund in Singapore where he was with the firm since 2002 and was also part of the core investment committee in significantly outperforming the index in the 10-year-plus-old flagship Asian fund. He was also the portfolio manager for Asia-Pacific equities at Korea’s largest mutual fund company. Prior to setting up the H.E.R.O. Innovators Fund, KB was the Chief Investment Officer & CEO of a Singapore Registered Fund Management Company (RFMC) where he is responsible for listed Asian equity investments. KB had taught accounting at the Singapore Management University (SMU) as a faculty member and also pioneered the 15-week course on Accounting Fraud in Asia as an official module at SMU. KB remains grateful and honored to be invited by Singapore’s financial regulator Monetary Authority of Singapore (MAS) to present to their top management team about implementing a world’s first fact-based forward-looking fraud detection framework to bring about benefits for the capital markets in Singapore and for the public and investment community. KB also served the community in sharing his insights in writing articles about value investing and corporate governance in the media that include Business Times, Straits Times, Jakarta Post, Manual of Ideas, Investopedia, TedXWallStreet. He had also presented in top investment, banking and finance conferences in America, Italy, Sydney, Cape Town, HK, China. He has trained CEOs, entrepreneurs, CFOs, management executives in business strategy & business model innovation in Singapore, HK and China.

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