Train The Brave: 7 Steps To Building Your Courage Muscles; If you want to understand people and be understood in life, speak from your heart – Bamboo Innovator Daily: 24 Jun (Wed)

Life

• Train The Brave: 7 Steps To Building Your Courage Muscles: Forbes
• If you want to understand people and be understood in life, speak from your heart: Quartz
• Jack Ma a lover of magic, philosophy and salt, says assistant: WCT
• 24 people who became highly successful after age 40: BI
• What 11 extremely successful people were doing as teenagers: Bill Gates was falling in love with computers.: BI
• Here’s everything that Pixar’s ‘Inside Out’ gets right and wrong about human psychology: BI
• Mother Nature is still the greatest innovator; Owl feathers, the secret to quiet airplanes and even quieter fans.  WaPo
• Big question: Why do I yawn when I’m nervous or stressed?: Wired
• Why this tech CEO and his employees work just 32 hours each week; Treehouse, an online learning platform that offers skill-based courses for a small price, has over 100,000 enrolled users nearly 100% employee retention, and brought in $10m sales: BI
• The 6 Most Common Innovation Mistakes Companies Make: HBR
• Surviving flops: lessons for start-ups from a theatrical empire; Ambassador Theatre Group’s Rosemary Squire on the art of balancing creativity and pragmatism: FT
• The mystery of the universe’s lucky numbers: TheAge
• Why some people can get away with so little sleep: Quartz

Investing Process

• The Art Of Profitability: A Look At Twenty Three Profit Models: VW
• Barron’s Mailbag December 1962: Warren Buffett On Dubious Accounting Policies: VW
• Aswath Damodaran: Where Is The “Value” In Value Investing?: NYU
• Exclusive: SEC hunts hackers who stole corporate emails to trade stocks: Reuters
• A man suspected of being the mastermind of a $300 million penny-stock trading scheme is in federal custody because the international flight he was traveling on from Canada to Mexico made a brief stop in Phoenix.: NYT
• FSC will launch an investigation into an alleged stock trading fraud involving biotech firm Zodic Light World Technology: ChinaPost
• Auditors of companies may soon be required to alert the authorities in case of any fraud involving a sum of at least 10% of a company’s turnover as part of an early warning system being put in place to prevent recurrence of a Satyamlike accounting scam: ET
• A  federal appeals court refused to overturn the fraud conviction of former Cendant Corp Chairman Walter Forbes for his role in one of corporate America’s largest accounting scandals. Reuters
• Noble should pay heed to its corporate governance; The questionable corporate governance practices I have described will give critics of Noble’s accounting practices more ammunition, as board oversight, remuneration practices and financial reporting quality are inextricably linked. BT
• SEC Freezes Assets of China-Based Trader for Suspicious Trades on Qihoo: WSJ
• Ryder Awaiting Lease Accounting Changes that would bring off-balance sheet leases onto corporate books, CFO Says: WSJ
• Li Ka-shing says he is not a fan of dual-class shares; “It’s important that people like him do speak out because if we start this [dual-class] system in Hong Kong, we will be on a slippery slope and there’ll be a discount applied to the whole market for the risk those companies will create.”: SCMP

Greater China

• Gloves Off in China as Banks, Alibaba Invade Each Other’s Turf: Bloomberg
• The World’s Biggest Economies Are About to Feel the Impact of China’s Slowdown: Bloomberg
• Will China’s Manhattan Succeed, or Crash and Burn?: Bloomberg
• Since founding gaming firm Garena in 2009, Tianjin entrepreneur Forrest Li has built it into Singapore’s first billion-dollar Internet company: Forbes
• China deflation flatters GDP figures; Falling prices in China are helping to mask a significantly worse economic slowdown than official figures suggest. Chinese investors hold shares for an average of only four weeks, suggesting that many are not overly concerned with the long-term fundamentals, such as revenues or profits, of listed companies.: BI
• Asian Car Makers Out-Earn U.S. Rivals; The top 24 auto makers in China and India earned 37.5% more profit excluding preferred dividends in fiscal 2014 than their U.S. counterparts: WSJ
• Alibaba Stumbles in U.S. Online Market; Shopping site 11 Main to be sold; Chinese e-commerce firm keeps focus on home turf: WSJ
• SF Express breaks ranks to challenge Alibaba’s delivery network: WCT
• Chinese Investors Are Swimming in a Bubble: Bloomberg

India

• Billionaires Need More Than Money for Modi’s Green Target: Bloomberg
• Logistics start-up The Porter raises Rs35 crore ($5.5m); Through Porter, which currently has 300 vehicles handling 10,000 transactions a month in Mumbai and NCR, businesses and consumers can hire light trucks and tempos according to their needs: Livemint
• The lesser-known Wipro sibling; Living in the shadows of the IT business, Wipro’s consumer care enterprise often goes unnoticed. Yet, Wipro Consumer Care & Lighting is a globe-trotting behemoth in its own right, within striking distance: Forbes
• When Will India’s BSE Go Public? Exchange has investor backing, growth and the most company listings on Earth. So why won’t Modi say yes?: Barron’s
• Indians Buy Gold as Chinese Shift to Stocks; New Delhi removes bottlenecks in market; Shanghai rally encourages investment in shares: WSJ
• Online retailers, new drivers of India’s consumer market: Nikkei

Japan & Korea

• Activist Hedge Fund Wins in Private as Japan Tobacco Says No: Bloomberg
• Samsung Has Korean Investors in Its Pocket: Bloomberg
• Japanese corporate governance has been moving to a shareholder-centric system: FT
• After 27 Years of Ignoring ROE, a Japanese Investor Converts: Bloomberg
• McDonald’s Japan still trying to recapture lost savor: Nikkei
• Can Toyota choose its shareholders? NIkkei
• Toyo Tire chairman, president to resign over product data falsification: JT

ASEAN

• House Doesn’t Always Win as Philippine Casino Bet on China Sours: Bloomberg
• How Not To Get Blindsided Building A Brand In New Vietnam: Forbes
• 1MDB refutes WSJ article, says acquisitions based on long-term value: Star
• Indonesia seeks to mend fences with wary investors in resources : SCMP

Macro

• Bond fund alternative is turning heads with hot performance through the sale of put options on between 100 and 200 underlying stocks; there is risk associated with a broad market decline that could pull down all stocks at once: IN
• U.S. short sellers betting on Canadian housing crash: ‘An accident waiting to happen’: NP
• Why Small Booms Cause Big Busts: PS
• Is Australia leaning on a house of cards?: Nikkei

Healthcare

• Google tests medical wearable device to track health data; The company’s push into medical research, taking a longer-term approach to creating devices for clinical uses, is in contrast to Apple: FT
• Can the Bacteria in Your Gut Explain Your Mood? The rich array of microbiota in our intestines can tell us more than you might think.: NYT

TMT

• Mark Zuckerberg Is Now Richer Than the Richest Walton; Zuck is closing in on the Billionaires Top 10: Bloomberg
• Of Unicorns and ‘Decacorns’: Is a Tech Start-up Bubble Forming? VC Says We’re planning to sell all of them — everything: VW, K@W
• Google launches a free radio service for everyone: WaPo
• With ‘Inside Out,’ Pixar Returns To Fighting Form: Forbes
• Facebook’s scarily accurate facial recognition tech can now recognise you even if it can’t see your face: BI
• How Google thinks it can beat Apple Music and Spotify: BI
• A new Apple patent will make it effortless to switch maps when you walk from outside to inside buildings: BI
• Secretive data analytics firm Palantir is reportedly raising $500 million at a $20 billion valuation, making it the third most valuable US startup: BI
• Alibaba CEO’s Pitch to Marketers: ‘Data is Oil in the New Economy’:WSJ
• Apple HomeKit Review: Siri’s New Smart Home Already Needs Renovation: WSJ
• Zulily Tests Online Returns Program; Flash-sale retailer reconsiders its no-returns policy as it broadens into women’s apparel and pricier items: WSJ
•  Mobile Banking Provides Lifeline for Bangladeshis; Phone-based services revolutionize the way people save and send money: WSJ
• Deus ex vehiculum: Like computer networks, cars are becoming targets for hackers: Economist
• It’s time for a hybrid newsroom, where journalists and experts live in storytelling harmony: Quartz
• How Industrial Systems Are Turning into Digital Services: HBR

Consumer & Others

• Is Europe’s Top Billionaire, Zara’s Owner Amancio Ortega, On His Way to Becoming the World’s Richest Person?: Bloomberg
• Power Home Remodeling named the Best Workplace for Millennials; Power’s culture isn’t about perks, “There’s no pool table, no game room”; “We challenge our people, that’s a big part of our culture” : Fortune
• Wal-Mart CEO reveals how the company could eliminate the worst part of shopping; Wal-Mart is testing a revolutionary barcode technology that could eliminate long lines at checkout registers.: BI
• A startup that delivers fluffy mattresses in boxes the size of golf bags just raised $55 million from investors like Leonardo DiCaprio and Tobey Maguire; Since launching 14 months ago, Casper has sold $30 million of mattresses : BI
• Ford is setting up a special Silicon Valley team to work on self-driving cars: BI