YCombinator’s Sam Altman reflects on long days and short decades and the 36 life lessons learnt: Tell your parents you love them more often, Be grateful and keep problems in perspective – Bamboo Innovator Daily: 15 Jun (Mon)

Life

  • What Happens When You Don’t Care: JamesAltucher
  • Why not giving a damn won’t stand in your way of success; Caring about our work has become a weird status symbol. But it can make us mad and unproductive: FT
  • YCombinator’s Sam Altman: 36 Life Lessons I Learned Before the Age of 30; The President of Y Combinator reflects on long days and short decades: Observer
  • Read these beautiful Kiswahili proverbs: “Haba na haba, hujaza kibaba.” (Little by little, the container gets filled. While we may overlook small changes, they are the ones which, put together over time, eventually make a difference): Quartz
  • How a 10-month-old startup’s founders convinced investors to give them millions of dollars to buy a 93-year-old German razor factory: BI
  • Shift to ‘Purpose Economy’: Forbes
  • Learning to Love Volatility: Farnam
  • Confirmation Bias: How Intelligent People Develop Totally Incorrect Beliefs: Spring
  • Do ants have a better traffic algorithm than human engineers or drivers? The number of ants could reach hundreds of thousands, but traffic on the trunk trail – unlike a car-clogged highway – keep moving: WaPo
  • How Tony Blair built a business empire in China: Telegraph
  • What I learned by reading Businessweek’s incredible 38,000-word article on code: BI
  • Tough Choices for Succession in the Family Business: NYT
  • How HR ‘Best Practices’ Kill Innovation: Forbes
  • Alan Bond, 1938-2015: Bond’s bubble; A fallen hero who personified a wild decade in Australian business: Economist

Books

  • Pebbles of Perception: How a Few Good Choices make All the Difference: Amazon

Investing Process

  • China’s Hanergy terminates US$585 million deal with parent: SCMP
  • Here’s Why Ezra and Noble Group May Actually Deserve Their Shocking Price Declines: fool
  • Helping Other CEOs Avoid Bad Press: Social Exchange and Impression Management Support among CEOs in Communications with Journalists: AE

Greater China

  • Small Chinese Firm Used Creative Marketing Against Unilever: WSJ
  • Western Firms Caught Off Guard as Chinese Shoppers Flock to Web; Unilever, Nestlé and other consumer-goods makers feel the pain after overestimating sales from brick-and-mortar stores: WSJ
  • Alibaba Plans Subscription Video Service; Tmall Box Office set to launch in two months, as company aims to be Chinese equivalent of HBO or Netflix: WSJ
  • Honesty is an essential element of China’s push for innovation: SCMP
  • Half of China’s New Car Dealers Lost Money in 2014, Survey Says: WSJ
  • Huge growth in China’s money funds poses risk: FT
  • China regulator bans illegal share financing, limits margin trading: WCT
  • Towers of Trash Pile Up at China’s Unregulated Landfills: Caixin
  • Blessed by Alibaba, Cursed by Beijing; Annual cross-border purchases by Chinese shoppers online are $20 billion, up from $2 billion in 2010: WSJ
  • Will Alibaba Spoil Netflix’s Plans In China?: Forbes
  • In China, The Devil Now Wears Zara: Forbes
  • Is It Time to Short China’s Media and Entertainment Companies?: Forbes
  • Cultural Revolution may be to blame for food scandals: Nikkei
  • In China’s Pearl River Delta, HSBC faces a risky voyage: Reuters
  • Geneva Whodunit Has Chinese Up in Arms Over $1.2 Billion Lost in Alleged Scam: Bloomberg
  • China’s $358 Billion in Margin Loans Points to Next Bear Market: Bloomberg

India

Japan & Korea

  • Japan Inc faces stormy AGMs in governance shake-up: Reuters
  • In $8 bln Samsung bid, some Koreans break ranks to side with foreign activist: Reuters
  • Harim chief seeks to nurture his company as Korean version of Cargill: Maeil
  • Behind corporate doors: Samsung encourages workers to experiment: JA
  • Behind corporate doors: Hyundai Motor Group and Chairman Chung Mong-koo : JA
  • Shinsegae throws down gauntlet to IKEA: KT
  • How to tell if Japan’s shareholder love-in is real: Reuters

ASEAN

  • Beneath the Teflon, the real Thai economy story: Nikkei
  • S’pore property prices need to drop another 30%: Property fund: TODAY
  • Many CPF investors get their fingers burnt: AsiaOne

Macro

  • The Dollar Loses Allure: WSJ
  • When Private Equity Firms Give Retirees the Short End: NYT
  • Hidden Hero of Stock Bull Market No Match for Higher Rates: Bloomberg
  • Junk-Bond Defaults Growing as Pressure From Commodities Persists: Bloomberg

Energy & Commodities

  • US chemicals companies thrive on shale boom’s cheap gas: FT
  • The new oil shock: The great sweating: Forbes

Healthcare

  • The innovators: the app that allows patients to track their illnesses: Guardian

TMT

  • Europe has produced 13 “unicorns” — technology start ups that have reached a value of at least $1bn — over the past year, according to new research that suggests the continent is producing more significant tech companies than ever before: FT
  • Founders of ad tech company Celtra surf mobile advertising wave: FT
  • Europe incubates tech’s new billion-dollar babies: FT
  • Europe has produced 13 “unicorns” — technology start ups that have reached a value of at least $1bn — over the past year, according to new research that suggests the continent is producing more significant tech companies than ever before: FT
  • Marty Bandier, CEO of Sony/ATV, the world’s largest music publishing group: Songs that stand the test of time can generate income year after year. “We pick up bits and pieces like breadcrumbs and when you roll them all together you have: FT
  • Collaborative Logistics Comes to the Warehouse; With many major markets squeezed, companies are using new technology that helps them work together to match unused space with goods: WSJ
  • How Facebook is eating the $140 billion hardware market: BI
  • Harvard professor: ‘Twitter is rapidly becoming the BlackBerry of social media’: BI
  • Car Dealers Aim to Curb Online Rivals: WSJ
  • Virtual Reality Headsets Raise Very Real Concerns: NYT
  • The taxi-hailing company Uber is likely to disrupt the delivery business: Economist
  • Disney’s powerful marketing force: social media moms: Reuters

Consumer & Others

  • Organic Farmers Object to Whole Foods Rating System; Like a whale and the myriad barnacles clinging to its sides, Whole Foods Market and organic farmers have long had a symbiotic relationship. NYT
    • Colt Defense, 179-Year-Old Gunmaker, Files for Bankruptcy: Bloomberg

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 (www.heroinnovator.com), 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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