A brilliant MIT scientist shares the sad personal story that drives his groundbreaking research – Bamboo Innovator Daily: 12 Jun (Fri)

Life

• A brilliant MIT scientist shares the sad personal story that drives his groundbreaking research: BI
• A Harvard cognitive scientist taught me the secret underlying all good writing: BI
• What investors can learn from Alex Bird’s 500 winning bets at the races; Professional gambler Alex Bird made a fortune betting on photo finishes. Terry Smith says his system offers a lesson to investors: Telegraph
• Let Rich and Poor Learn Together: NYT
• Why doing nothing for a year was the best career decision Food Network star Ina Garten ever made: BI
• How one woman turned less than $1,000 of savings into a business that earns over $200,000 a year: BI
• Why we have to give our business partners the power to destroy us: BI, YouTube
• 9 companies that make money from your laziness: BI
• Why the CEO of the world’s biggest financial services company didn’t fire anybody during the financial crisis: BI
• CEO succession starts with developing your leaders: McKinsey
• Incumbents as attackers: Brand-driven innovation: Big companies are finding growth in new markets by harnessing an underused asset—their brands. McKinsey
• Starbucks Korea chief highlights horizontal culture in management: KH
• Nepal’s billionaire ‘noodle king’ turns focus to rebuilding homeland: Nikkei
• Happy Birthday, Mr. Rockefeller: The World’s Oldest Billionaire Turns 100: Forbes
• Everything you need to know about coding in one infographic: BI
• Elon Musk doesn’t want to get into genetic engineering because he doesn’t know how to avoid ‘the Hitler problem’: BI
• Why you come up with your best ideas when you’re mentally exhausted: BI
• The Editorial Macro and Micro: StevenPressfield

Books

• How to Read Literature Like a Professor: A Lively and Entertaining Guide to Reading Between the Lines: Amazon
• Start with Why: How Great Leaders Inspire Everyone to Take Action: Amazon
• The Seekers: The Story of Man’s Continuing Quest to Understand His World: Amazon
• The Creators: A History of Heroes of the Imagination: Amazon
• The Discoverers: A History of Man’s Search to Know His World and Himself: Amazon
• 10 novels that will make you smarter about business: BI
• The White Tiger: A Novel : Amazon
•  Things Fall Apart: Amazon

Investing Process

• Mindset shift needed at Noble Group: BT
• Noble Group at risk of being downgraded by S&P to junk status: FT
• Noble Shares Resume Slide Amid Accounting Questions; Noble Finds Itself Short of Confidence: WSJ1, WSJ2
• Litigation Bets Burn Hedge Funds: A legal victory for J.P. Morgan Chase stung Appaloosa Management and other hedge funds last week: WSJ
• The Market for “Lemons”: A Lesson for Dividend Investors: ResearchAffiliates
• Biotech Led by 29-Year-Old CEO Now Worth Billions With No Sales: Bloomberg

Greater China

• China’s Hot Stock Market Beckons Chinese Firms Home; Chinese companies listed in the U.S. are looking to go private in the hopes of relisting in China: WSJ
• China Struggles to Shake Up Salt Monopoly; Titans of table salt and other industries resist Beijing’s reform measures: WSJ
• China’s Metal-Backed Finance Finds New Asian Homes; Metals used to back financing deals are finding new homes following a scandal last year: WSJ
• Will Alibaba’s Bark Have Bite?: WSJ
• Taiwan brands should learn from HTC’s error and prioritize China: WCT
• Jonney Shih, the chairman of Taiwan’s ASUSTeK, said that his company has considered considering acquiring compatriot company HTC; Smartphone analysts doubt chatter will lead to takeover: Nikkei
• What Luxury Slump? CEO of Chinese luxury e-tailer xiu.com Ji Wenhong Brings Top Luxury Brands Into China: Forbes
• Hong Kong’s Art Industry Is Booming- Despite Suffocating Rents: Forbes
• Underground labs in China are pumping out massive quantities of a dangerous drug and the CDC is ‘concerned’: BI
• China’s loan-hungry developers move from shadow to cloud: SCMP
• Uber nears 1m trips every day in China: FT
• Chinese whale could sink emerging markets; EM indices that include A-shares risk reinflating China bubble: FT
• China Regulator to Allow Rollover of Margin Loans: WSJ
• The 4,200% Rally That’s Bringing Tech Stocks Back to China: Bloomberg

India

• Modi’s Solar Embrace in India Leaves Wind Power in Shade: Bloomberg
•  Investment Bankers Lose Out in Indian Tech; Startups are doing deals on their own, rather than via intermediaries: WSJ
• India seeks to stoke tech startup IPOs on new domestic bourse: Reuters
• Move over China. India takes centre stage for VCs: e27
• Kumar Birla’s roadmap for a financial services superstore: Forbes
• Indian auto industry, a potential world leader: Forbes

Japan & Korea

• Japan Pension Fund Official Lauds Change at Japan Inc.; Says time has come for overseas investors to revisit Japan stocks: WSJ
• Samsung Calls in Friendly Party to Get Around Shareholders; Shareholders should be resolute in holding out for a better price: WSJ
• Burgeoning Korean pet industry going ever more premium: KH
• Pricy beef bowls show how to beat deflation: JT
• KCC’s decision to buy Samsung C&T’s treasury shares is attracting keen attention from analysts and investors as to whether Korea’s largest construction materials firm can reap financial gains from the transaction: KT
• Behind the looming showdown between the Samsung Group and U.S hedge fund Elliott Associates are two domestic law firms ― Kim & Chang and Nexus: KT
• Elliott has ‘vulture picnic’ in Korea Inc.: KT
• Samsung invented a crazy mirror that can show you how clothing looks on you before you buy: BI
• Contentious Samsung deal takes twist with share sale: FT
• American Billionaire Takes on Samsung: Bloomberg
• $486 Billion Dutch Fund Says Samsung Burned Bridges in Fight: Bloomberg

ASEAN

•  Deal off for Johor’s second largest reclamation project: Star
• Vietnam’s Mobile Revolution Catapults Millions Into the Digital Age; Smartphone use has dramatically increased Internet penetration and growth in online services; Five Things About the Internet in Vietnam: WSJ1, WSJ2

Macro

• Michael Johnston: Why Emerging Markets Will Dominate the Global Economy, in 10 Charts: AllEmergingMarkets
• Fighting Cronyism With The Corruption ETF: Zerohedge
• Activist Funds Put Executive Pay Formulas Under Microscope; Marathon says it found a compensation scheme ‘run amok’ at Shutterfly: WSJ
• Seriously Bad Ideas: The financial crisis has given remarkable staying power to false explanations of big events. And they continue to warp policy: NYT
• Bond market liquidity dominates conversation; Data illustrates sharp deterioration in bond trading conditions: FT
• Emerging Markets Suffer Largest Outflow in Seven Years; Investors withdraw nearly $8 billion out of Asia’s equity markets: WSJ
• Negative Rates on $1.5 Trillion of Debt Become Thing of the Past: Bloomberg
• You Can’t Keep the Panic Out of Stocks Forever, VIX Traders Say: Bloomberg
• Credit Suisse Thinks Waning U.S. Stock Volatility Points Towards a Bubble: Bloomberg
• Activist Funds Put Executive Pay Formulas Under Microscope; Marathon says it found a compensation scheme ‘run amok’ at Shutterfly: WSJ

Energy & Commodities

• Gasoline Industry Wrestles With Biofuel Law’s Unintended Consequences; A new EPA proposal has shaken the market for an esoteric asset underlying the fuel industry: WSJ
• Assessing Opec’s oil market strategy: FT

Healthcare

• Printing whole organs remains a long way off: FT

TMT

• Facial recognition technology is everywhere. It may not be legal.: WaPo
• Billion-dollar Tech Babies: A Blessing of Unicorns or a Parcel of Hogs?: Damodaran
• Apple and the music business: The second revolution; Having transformed the music business once, Apple is trying to do so again: Economist
• Baidu rushing into driverless car technology: Sina blog: WCT
• Soon, Cars May Take Away the Keys of a Drunken Driver: NYT
• Where did Dick Costolo go wrong? Fortune
• Messaging Apps Like LINE, WeChat Face A Revenue Problem: Forbes
• How Europe Can Create Its Own Silicon Valley: HBR
• From box to cloud: Six critical success factors can help software companies make the move from selling packaged products to offering online subscriptions and services. McKinsey
• People are seriously talking about whether Apple’s new ad blocking technology for iPhone will destroy the web: BI
• Making money from Zoella and Dan Is Not On Fire: the start-ups behind the YouTube stars; A new industry has sprung up to monetise social media stars: Telegraph
• Is Huffington Post Worth $1 Billion? While the site is an operation of undeniable scale, it hasn’t produced an operating profit: WSJ

Consumer & Others

• How Do Companies Quietly Raise Prices? They Do This; From McCormick’s pepper tins to Old Spice deodorant sticks, ‘slack fill’ has become a legal battleground: WSJ
• With new “365” stores, Whole Foods goes on the attack: Fortune
• The French Entrepreneurs Producing Lingerie For Indians: Forbes
• Trader Joe’s sells twice as much as Whole Foods — and now the grocery chain has a massive plan to catch up: BI
• The CEO of a Chipotle-style pizza chain says he’ll destroy chains like Pizza Hut, Domino’s, and Papa John’s the way Netflix destroyed Blockbuster: BI
• Perceva offers to buy Berkshire Hathaway’s lingerie brands: FT
• How the Legendary Birkin Bag Remains Dominante; more than 30 years after it was introduced, the Hermès Birkin is still the most exclusive handbag in the world: Bloomberg