The humble life of Zara owner Amancio Ortega is to be admired; Despite being one of the world’s richest men, the tycoon behind Zara still eats lunch with his employees in the company cafeteria – Bamboo Innovator Daily: 7 Jun (Sun)

Life

  • The humble life of Zara owner Amancio Ortega is to be admired; Despite being one of the world’s richest men, the tycoon behind Zara still eats lunch with his employees in the company cafeteria: Telegraph
  • How this 28-year-old turned a website he built when he was 12 into a media empire: BI
  • Red Hat CEO: How I traded top-down mandates for ‘open’ decision-making: Fortune
  • This Canadian company took a wood product once considered junk and turned it into a $2.3-billion business: FP
  • Chinese Firm Wins Warren Buffett Charity Auction With $2.3 Million Bid: WSJ
  • Emerson on Small Mercies, the True Measure of Wisdom, and How to Live with Maximum Aliveness: BP
  • The Science of Scarcity: A behavioral economist’s fresh perspectives on poverty: Harvard

Books

  • Selling the Invisible: A Field Guide to Modern Marketing: Amazon

Investing Process

  • What the NFL Draft Can Teach Us About Investing; NFL general managers — like investors — pay too much for glamour and neglect duller, solid performers: Bloomberg
  • SEC Says the Man Allegedly Behind the Avon Hoax Has Fooled Wall Street Before: Bloomberg
  • The SEC Doesn’t Like It When Hedge Funds Talk to Each Other: Bloomberg

Greater China

  • China’s Stock Market on Track to Reach $10 Trillion in Value: Bloomberg
  • Apparel producers in China embrace big data: WCT

ASEAN

  • Profits of Drug Trade Drive Economic Boom in Myanmar: NYT

Macro

  • Maersk CEO Predicts Big Squeeze for Small Container-Ship Operators: WSJ

Healthcare

  • Pharma Execs Don’t Know Why Anyone Is Upset by a $94,500 Miracle Cure; The company selling a costly breakthrough to millions of hepatitis C sufferers thinks price is the wrong thing to talk about: Bloomberg
  •  Every Virus a Person Has Had Can Be Seen in a Drop of Blood, Researchers Find: NYT

TMT

  • Where Uber and Amazon rule: welcome to the world of the platform; Powerful tech firms are altering not just the way we buy things, but could sweep away an entire economic model: Guardian

Consumer & Others

  • How Nike shed its sweatshop image to dominate the shoe industry; Nike controls a shocking 62% of athletic footwear brand share in the US, more than four times the combined value of competitors Adidas, Skechers, and Asics: BI
  • A former Trader Joe’s executive is leading a revolution in cheap groceries: BI
  • The Story of How In-N-Out Made It Big Will Make You Love It Even More: MIC
  • Yummy Financial Engineering Returns Anyone?: Fortune
  • At Wal-Mart, a Son-in-Law for Chairman and just the third person to hold the job behind Rob Walton and the company’s iconic founder, Sam Walton.: WSJ
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About bambooinnovator
KB Kee is the Managing Editor of the Moat Report Asia (www.moatreport.com), a research service focused exclusively on highlighting undervalued wide-moat businesses in Asia; subscribers from North America, Europe, the Oceania and Asia include professional value investors with over $20 billion in asset under management in equities, some of the world’s biggest secretive global hedge fund giants, and savvy private individual investors who are lifelong learners in the art of value investing. KB has been rooted in the principles of value investing for over a decade as an analyst in Asian capital markets. He was head of research and fund manager at a Singapore-based value investment firm. As a member of the investment committee, he helped the firm’s Asia-focused equity funds significantly outperform the benchmark index. He was previously the portfolio manager for Asia-Pacific equities at Korea’s largest mutual fund company. KB has trained CEOs, entrepreneurs, CFOs, management executives in business strategy, value investing, macroeconomic and industry trends, and detecting accounting frauds in Singapore, HK and China. KB was a faculty (accounting) at SMU teaching accounting courses. KB is currently the Chief Investment Officer at an ASX-listed investment holdings company since September 2015, helping to manage the listed Asian equities investments in the Hidden Champions Fund. Disclaimer: This article is for discussion purposes only and does not constitute an offer, recommendation or solicitation to buy or sell any investments, securities, futures or options. All articles in the website reflect the personal opinions of the writer.

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