Eccentricity is the vital ingredient for a city’s success; A Biologist-Turned-Buddhist and His Philosopher Father on the Nature of the Self and the True Measure of Personal Strength: Bamboo Innovator Daily: 27 May (Wed)


  • A Biologist-Turned-Buddhist and His Philosopher Father on the Nature of the Self and the True Measure of Personal Strength: BrainPickings
  • Eccentricity is the vital ingredient for a city’s success: FT
  • Acquiring proven entrepreneurs is a smart way to innovate; LinkedIn co-founder Reid Hoffman on the art of importing and keeping business builders: FT
  • What’s Hot in the Art World? Algorithms; Admirers hold on to computerized formulas; paying $2,500 for a ‘qrpff’ necktie: 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

  • China Blows Its Debt Bubble Bigger: Bloomberg
  • Perpetual Pileup in China Labels $53 Billion of Debt as Equity; Accounting standards treat these interest-bearing perpetuals as equity instead of debt: Bloomberg
  • Why China Is So Desperate To Blow The Most Epic Stock Bubble: Zerohedge
  • Prospectors beware of China’s equity bubble; Valuations have become eye-popping, at 70 times earnings: FT
  • New China billionaire created every week: Standard
  • These Nine Charts Show the Shenzhen Stock Market Is Like No Other Market in the World: Bloomberg
  • Chinese flock to open accounts in ‘morality bank’ that enable them to exchange good deeds for free services. AsiaOne
  • Xi Wants You to Bail Out His Economy; The lure of juicy yields are attracting foreign investors but are they paying a premium for bonds with too much risk?: Barron’s
  • Wal-Mart employs more people in China than every Chinese company combined employs in the US: Quartz


  • Foxconn Unit Seeks the Next Xiaomi in India: Bloomberg

Japan & Korea

  • Samsung Shuffles Toward a Simpler Structure; Investors should follow the controlling Lee family’s influence over crown jewel Samsung Electronics: WSJ


  • Singapore’s foreign maids exploited by agents, employers: Star
  • Worry Over Earnings for Southeast Asian Stocks; As economic headwinds blow, companies cut forecasts for profits, marking a setback for investors in stocks: WSJ
  • Sinking Indonesia Docks,  Idle Ships Spur $6 Billion Port Revamp; President Joko Widodo wants to cut logistics costs to drive domestic trade and increase exports.: Bloomberg
  •  Indonesia Trains Migrant Workers to Make Most of Their Earnings; Groups seek to expand classes to help teach maids how to manage money they make overseas: WSJ
  • 1985: Pan-El capped watershed year for S’pore: BT


  • Why finance is too much of a good thing; It is very costly to police markets riddled with conflicts of interest and asymmetric information: FT

Energy & Commodities

  • Oil Slump Has Calgary Awash in Vacant Office Space; New office towers in Canada’s oil capital are coming onto the market as energy companies downsize: WSJ


  • Tech Firms Seek Ways to Fend Off Activist Investors; Some have surrendered, but others are fighting back with tactics like granting founders special stock: WSJ
  • Inside the company that can predict the future by analyzing every piece of information on the web: BI
  • John Malone to Reclaim Cable Throne With Time Warner Deal; With a net worth of $8.6 billion, Malone started in the cable industry in 1972 when he helped former cottonseed salesman Bob Magness transform TCI: Bloomberg
  • The World’s Two Richest Cable Billionaires Are Going Toe-to-Toe; Who’s really winning the cross-border cable wars?: Bloomberg


  • Big Bets on Proton Therapy Face Uncertain Future; Insurers balk at expensive radiation treatment; can smaller machines turn the tide?: WSJ
  • New Push Ties Cost of Drugs to How Well They Work; As drug costs rise, Express Scripts seeks new payment deals for some cancer medications: WSJ
  • Big Data Brings Relief to Allergy Medicine Supply Chains; A severe allergy season in parts of the country is pressing providers to get the right medicine to the right pharmacies at the right time: WSJ
  • People who can’t feel pain are helping scientists create better painkillers: BI

Consumer & Others

  • Dear J.Crew, What Happened to Us? We Used to Be So Close; Many women lament changes at the brand, highlighting a rare retail loyalty: WSJ
  • McDonald’s is facing one major hurdle to its success: BI
  • Louis Vuitton, Chanel Rise as Prada Falls in Luxury Brand Survey: Bloomberg
  • Australia Is Exporting Its $3.2 Billion Café Culture to the World: Bloomberg
  • Dear J.Crew, What Happened to Us? We Used to Be So Close; Many women lament changes at the brand, highlighting a rare retail loyalty: WSJ

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 (, 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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