Billionaire Sam Adams founder explains why ‘getting rich is life’s biggest booby trap’ – Bamboo Innovator Daily: 23 Jun (Tues)


  • Billionaire Sam Adams founder explains why ‘getting rich is life’s biggest booby trap’: BI
  • Restless spirit paid off for Gain City founder: AsiaOne
  • This tech CEO doesn’t just want to interview you – he also wants to meet your family; When you join a startup, everybody in your family has to be willing to “see past the ambiguity” that’s inherent to the process: BI
  • The Benefits of Fidgeting for Students With ADHD; The children perform better on cognitive tasks when allowed to move freely: WSJ
  • 7 psychological steps to getting people to trust you: BI
  • Pixar’s imaginative ‘Inside Out’ was so powerful that it changed the way I understand my own emotions: BI
  • Well-managed factories should have nothing to hide; Opening up encourages producers to clean up and improve the way they work: FT
  • Education startups find profit in re-examining the way we teach children: FP
  • Brand Britain must broaden its horizons; The world loves to buy British, so let’s focus on our manufacturing; Dyson and Cath Kidston are among them. All are successfully exporting a British definition of quality, reliability and taste. Telegraph
  • Why Culture Matters For Startups – Q&A With Culture Influencer Cosmin Gheorghe: Forbes
  • Family Ties Help When Firms Go Bust: Insead
  • Tricks to prolong the family trade’s success: BT

Investing Process

  • Toshiba accounting problems extended to chip, PC ops: Nikkei: Reuters
  • Compass Group uncovered ‘suspected fraud’ at Kazakhstan joint venture: Guardian
  • The Loneliness of the Short-Seller: NYT

Greater China

  • Chinese Companies With No Heir Apparent: Bloomberg
  • China Margin Trades Buckle Leaving $364 Billion at Risk: Bloomberg
  • China Buyouts Exceeding $23 Billion Leave Investors Unfulfilled: Bloomberg
  • China’s Plan for Local Debt Amounts to a Bailout: WSJ
  • Legend’s Model for China: WSJ
  • One of China’s top stock market regulators was just carted off to jail: BI
  • The quest for the meaning of Chineseness from Beijing to US sitcoms: FT
  • Illicit share financing linked to sharp Chinese stock fluctuations: WCT
  • Oil clique bigwig deleted from Communist Party history: Nikkei
  • Weaker shareholder rights may prove ominous for Hong Kong: BT
  • China: Insiders Selling At Record Pace: Barron’s


  • India infrastructure: Built on debt; Modi’s plans to improve roads, ports and railways look set to be hampered by debt-ridden companies: FT
  • How “India Inc.” Can Own Frugal Innovation: Insead
  • AirAsia Faces Red Tape and Tough Competition in India: NYT
  • Modi’s Window for Reform Is Closing: Bloomberg

Japan & Korea

  • SoftBank Sets Pay Record With $135M Pay for Nikesh Arora; “From a common sense perspective, Arora’s pay is too high. We don’t know what his actual achievements are yet in SoftBank, so this doesn’t give a good impression to the market.”: Bloomberg
  • Korea Fund Has $18 Billion at Stake Backing Samsung on C&T: Bloomberg
  • SoftBank’s Masayoshi Son ‘Bets The Ranch’ On Nikesh Arora: Forbes
  • Japan Inc braces itself for tough annual meetings season: FT
  • Japan’s AGM season set for lively new era; On paper at least, the season of annual meetings for companies in Japan beckons as being the liveliest in history. FT


  • Private home prices in Singapore may decline another 10 per cent from current levels in the next two years, BNP Paribas warned in a research report: TODAY
  • Tan Sri Peter Sondakh, said to be worth US$2.3bil, made his fortune by buying and selling companies, where he gained a reputation as a turnaround specialist. Star


  • U.S. Growth No Longer Lifting Asia’s Exports: Bloomberg
  • Fed Scoop Heralded Era of Closed Doors for $100,000 Newsletters: Bloomberg
  • Australian housing market facing ‘bloodbath’ collapse: economists: TheAge
  • Bond Trading Revenues Are Plunging On Wall Street, And Why It Is Going To Get Worse: Zerohedge
  • Major Money Manager Braces for Bond-Market Collapse: Bloomberg
  • Map: The biggest company in every state: WaPo
  • Australian Stocks: Beware Tax Loss Selling, Plus The List of Shame: Barron’s

Energy & Commodities

  • Mining write-downs all but wipe out cost of deals since 2007; over the last seven years, the world’s largest miners have built up impaired assets worth US$85bn and this represents 18% of their asset base: TheAge


  • American Adults Surpass Children in Taking Drugs to Stay Focused: Bloomberg
  • Drug makers are interested in an ancient Chinese medicine after Harvard found out how it works: BI
  • Blood Pressure, the Mystery Number: NYT


  • Google didn’t lead the self-driving vehicle revolution. John Deere did. “John Deere is the largest operator of autonomous vehicles” : WaPo
  • Apple’s about-face reveals cracks in music industry: WaPo
  • Raising your Digital Quotient: Following the leader is a dangerous game. It’s better to focus on building an organization and culture that can realize the strategy that’s right for you. McKinsey
  • Which local Aussie online firm has disrupted and cornered homewares?: SMH
  • Why Taylor Swift Succeeded Where Record Labels, Indies Failed: Bloomberg
  • This is Microsoft’s ambitious plan to own virtual reality: BI
  • How Instagram is killing Gap’s business: BI
  • Instacart to turn shoppers into employees: FT
  • The story of the invention that could revolutionize batteries-and maybe American manufacturing as well: Quartz
  • Samsung’s ‘see-through’ truck could make it less terrifying to drive next to big rigs: Quartz
  • Alibaba is selling US e-commerce site 11 Main just a year after it opened: Quartz
  • The venture capital firms that are best at spotting unicorns: Quartz
  • The Alibaba of the services industry: Freelancer’s Matt Barrie: e27
  • Parking innovator Divvy wins $2.5m funding and big commercial property partners; Divvy has developed an Airbnb-style platform to unlock the latent value in the thousands of under-used car parking spaces around Australia. BRW
  • Nearly half of Asians shop on smartphones: Nikkei
  • Why The Netherlands Is Telling Its Tech Startups To Leave The Country: Forbes
  • Who cares about cost when chasing unicorns: FT
  • California ruling seen unlikely to dent value of Uber, other start-ups: Reuters

Consumer & Others

  • Martha Stewart’s Media Empire Sold for Fraction of Its Former Value: NYT
  • General Mills to Remove Artificial Flavors, Colors from All Cereals: WSJ
  • How obscure luxury brand Moschino sold 10 times the merchandise in only 2 years: BI, NYT
  • Startup Dollar Shave Club that sells $1 razors is now worth $615 million thanks to campaigns like, ‘Our blades are f-ing great!’: BI, WSJ
  • Starbucks might have a sketchy ulterior motive for suddenly closing its bakery chain: BI
  • Why Walmart crushed Target in Canada; Walmart’s sales per square foot in Canada were five times higher than the bullseye-logoed retailer : FP
  • Vaping takes off as e-cigarette sales break through $6bn; UK sales of nicotine replacements such as patches and gum fell for the first time in years as consumers turned to vaping devices: Telegraph

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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