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
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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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