The Carpenter: A Story About the Greatest Success Strategies of All; How to Recognize a Budding Entrepreneur; Why Some Entrepreneurs Feel Fulfilled—but Others Don’t; How the most creative people in business generate new ideas – Bamboo Innovator Daily: 26 May (Tues)

Life

• How to Recognize a Budding Entrepreneur; New research identifies the four qualities that founders-to-be have in common: WSJ
• How the most creative people in business generate new ideas: FastCo
• Why Some Entrepreneurs Feel Fulfilled—but Others Don’t; Money is only part of the equation. New research offers surprising insights into the complex path to satisfaction: WSJ
• A serial entrepreneur’s hard-earned lesson in taking risks: FastCo
• John Nash: A life of brilliance, madness, and reawakening: Quartz
• Family Ties Help When Firms Go Bust: Insead
• Reconsidering the Charismatic CEO: Strategy&
• How Emerging Markets Can Finally Arrive; Without capable domestic firms, emerging markets will inevitably get stuck somewhere along the way. Building world-class domestic firms is the overlooked key to economic development. Strategy&

Books

• The Carpenter: A Story About the Greatest Success Strategies of All: Amazon
• The Seed: Finding Purpose and Happiness in Life and Work: Amazon

Investing Process

• ETFs endure Goldin-Hanergy rollercoaster; Vanguard and BlackRock among largest shareholders in volatile HK groups: FT
• Hanergy: A Warning That’s Worth Repeating: Barrons
• Five tales from the trenches: An ex-portfolio manager divulges what it’s really like: FP
• A cautionary tale from the muddy waters of Chinese business: FT

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

• Rescue in the Works for Indebted Sinosteel: Caixin
• A-share regulator to probe companies’ questionable performance to manipulate their stock prices: WCT
• Channeling China’s Animal Spirits: PS
• Chinese local governments agree to settle bills after being sued; Deal by debt-ridden authorities believed to be first of its kind: FT
• Corrupting the Chinese Language: NYT
• China drug price reforms risk placing hospitals on life support: FT
• Banks Face Obstacles to Using Biometric Data for ID Purposes in China: Caixin
• Weak Chinese Demand Is Pummeling Mining Stocks Everywhere, Except in China: Bloomberg
• China’s Bailout Window May Shut in Three Months, OCBC Says: Bloomberg
• China is learning a new skill in its marquee campaign to catch economic fugitives in other countries and bring them home — the power of persuasion. Bloomberg
• When Predicting China Stocks There’s Only Wrong and Very Wrong: Bloomberg
• A bottle maker in China said it won’t be able to fully repay a bond due May 28, raising concern it will become the third company to default in the onshore note market this year as the economy slows.: Bloomberg
• How to Become an Airline Millionaire, Chinese Style: Bloomberg
• China’s top banking regulator warns of rising bad loans, credit risk: Reuters

India

• Foxconn Seeking Investment Opportunities in India: WSJ

Japan & Korea

• Korea’s start-ups have worst success records: JA
• Inside Fanuc’s Decision to Meet Loeb, Hand Investors $1 Billion: Bloomberg
• Samsung’s Heir Apparent Lee Tightens Grip on Conglomerate in $9.3 Billion Deal: Bloomberg, WSJ

ASEAN

• M’sian investors turn cautious after IFCA’s shares tumble: BT
• Thailand’s rice saga and fall of Yingluck Shinawatra: BT
• Phoon Huat., the Singapore company that’s been selling baking ingredients such as pie fillings and confectioners’ sugar since 1947, is seeking a buyer: Bloomberg

Macro

• Investors are playing a ‘greater fool’ game: FT
• Taking more care of the growing silver economy: FT

TMT

• Beyond Moore’s law: Even after Moore’s Law ends, chip costs could still halve every few years: Economist
• Mobile Internet To Be Worth More Than Apple By 2018: Techcrunch
• Web Video Companies Push Branded Entertainment Over Media: WSJ
•  Smartphone ‘Cold War’ Seen in Asian Moves on Patent Licensing: Bloomberg
• Netflix wants to usher in a new golden age of nonfiction TV: Wired

Healthcare

• What’s hot? Life sciences challenge tech in global innovation: Reuters

Consumer & Others