The Unthinkable: Who Survives When Disaster Strikes – and Why; Gumption: Relighting the Torch of Freedom with America’s Gutsiest Troublemakers – Bamboo Innovator Daily: 6 Jun (Sat)

Life

• 5 Lessons from a Dog on Overcoming Life’s Hardest Challenges: TinyBuddha
• Warren Buffett On How Business And Philanthropy Are Alike — And How They Are Completely Different: Forbes
• Merck, the modest family: Chairman shares secrets of successful family management over more than 300 years: KH
• Solutions for infighting among Asian business families: SCMP
• Inside the successes and failures of a growing doggy empire; The mastermind behind the popular BarkBox subscription care package for dogs shares his hard-earned startup lessons. FastCo
• Maree Machin lost a $2000 camera, but gained a business idea: BRW
• Wal-Mart founder: ‘Everything I’ve done I’ve copied from someone else’: BI
• Alan Bond: a deal-making dynamo gone wrong: TheAge
• Shanghai master’s student controls cockroaches with ‘brain link’: WCT
• When political pollsters get it wrong: The £2bn market research industry failed to predict the election result. Does the answer lie in asking fewer questions?: FT
• This Japanese company taught a robot to wield a katana like a master swordsman: YouTube, BI
• Daphne Koller on the Future of Online Education: The Coursera co-founder on the advantages of learning online—and why traditional universities aren’t going to disappear: WSJ

Books

• Gumption: Relighting the Torch of Freedom with America’s Gutsiest Troublemakers: Amazon
• The Unthinkable: Who Survives When Disaster Strikes – and Why : Amazon

Investing Process

• SEC secures $190m from Computer Sciences Corp over accounting fraud and the return of $3.7m in compensation from its former CEO for manipulating financial results related to the company’s multibillion-dollar contract with Britain’s NHS: FT
• Why did Buffett change Berkshire’s depreciation schedule to a double-declining method after gaining control of Berkshire Hathaway in 1965?: SCMessina
• Stock Buybacks That Hurt Shareholders: NYT
•  Can auditors be insightful, transparent?; Star
• 5 things you didn’t know about the Fortune 500: Fortune
• SEC May Seek More Information from Audit Committees: WSJ

Greater China

• Banking on a Remote Future for Chinese Homes; Companies from Haier to Alibaba are scrambling for a piece of the emerging smart home automation market; Caixin
• Firms in China flock to smart home business: WCT
• Firms in China seeking shell companies in Hong Kong: WCT
• Taiwan Approves 45% Property Gains Tax to Stamp Out Speculation: Bloomberg

Japan & Korea

• Japan’s Peter Pan Problem: Bloomberg
• Pension Fund Could Be Samsung Kingmaker: WSJ
• Franchise bakeries look beyond Korean market; Almost ubiquitous in Seoul, bakery chains seek higher growth overseas: KH
• Foreign ownership surges at big Japanese companies: Nikkei
• Hedge-Fund Managers in Asia Bullish on Japan Efforts to Improve Returns: WSJ

ASEAN

• A trade body’s Singapore story: BT

Macro

• Apple Is the New Pimco, and Tim Cook Is the New King of Bonds: Bloomberg
• 400 Billion Reasons Why Ebbing Currency Reserves Threaten Bonds: Bloomberg
• Miami’s Hot Condo Market Cools as Dollar Derails Buyers: Bloomberg
• Anthony Atkinson, the godfather of inequality research, on a growing problem: Economist
• Why buying airports has taken off: Economist
• SEC Probes Activist Funds Over Whether They Secretly Acted in Concert: WSJ
• The New Rules of Offshore Accounts: Deadlines are looming for U.S. taxpayers who live abroad or have other global financial ties. Here are tips on avoiding pitfalls. WSJ
• eBay for stock-pickers: trading tips for sale online: Reuters

Energy & Commodities

• $1b Cocoa Processing Investments Stuck on Limited Supply: JG

TMT

• Amazon, Google race to get your DNA into the cloud: Reuters
• In ‘year of Apple Pay’, many top retailers remain skeptical: Reuters
• This 20-year-old college dropout turned down Apple to launch a startup and is doing really well: BI
• Siri would be a million times better if Apple bought this company: BI
•  What We Know From A Decade Of SaaS: Techcrunch
• Is Translation an Art or a Math Problem?: NYT
• Selling E-Commerce While Avoiding Amazon: NYT
• Apple’s plan to rethink pricing formula is overdue; The 70/30 split for digital content always felt like a rough-and-ready decision: FT
• Apple looks beyond iTunes with launch of its streaming service: FT
• Etsy Leans on Machine Learning to Help You Find Just the Right Bedazzled Wallet: WSJ

Healthcare

• 5 terrible illnesses that genetic engineering could eliminate forever: BI
• Cancer treatment: Healing powers; The pharmaceuticals industry is in a bullish mood over immunotherapies: FT

Consumer & Others

• Behind Retailer Jeronimo Martins’s Ascent Is an Unassuming Woman: bloomberg
• How Wal-Mart is hoping to change grocery shopping: WaPo
• From hardware to hard work in Bendigo for Woolworths’ Masters: TheAge
• Wal-Mart loses about 1% of its US revenue — or roughly $3 billion dollars every year — to stealing by customers and employees: Reuters
• Costco might surpass Whole Foods as the nation’s top seller of organic food: BI
• Rob Walton’s exit marks Walmart milestone; For the first time in its 53-year history, there will no longer be a chairman with the Walton name at Walmart.: FT
• Corning’s Latest Magic: Turning Glass Into Cash; A famed glassmaker’s bet on 4K ultrahigh-definition TVs could reward investors with a 40% gain.: Barron’s
• How Iceland’s airlines have helped spur a tourism boom, lifting its battered economy back to health: FP
• Walmart’s CEO calls on staff to be like Han Solo, other Star Wars rebels; The retail giant’s CEO has called on store workers to shed Walmart’s bureaucracy as it looks to re-ignite store growth.: Fortune
• A private equity gamble in Vegas gone wrong: How buyout giants Apollo and TPG lost big (and made hedge fund enemies) by betting on Caesars Entertainment.: Fortune
• Years ago, PepsiCo’s Indra Nooyi made an audacious strategy shift beyond unhealthy snacks and drinks. She was prescient—as well as disciplined and tough—but the challenges are still daunting.: Fortune
•  Olive Garden’s Hedge Fund Bosses Waited Tables to Aid Turnaround: Bloomberg
• Private Equity Firms Are Increasingly Using Captive Insurance Companies: Forbes
• Yummy Financial Engineering Returns Anyone? “Prominent activists are recommending that Yum Brands optimize its structure” by spinning off its China business, so that YUM can essentially become a franchisee company: Forbes