A former Apple employee reveals the most memorable piece of advice he ever heard from Steve Jobs; Entrepreneurs need to think like scouts, not tourists: Look for the “software,” not the “hardware.” Pay more attention to scale-up and growth, than to startup. Look beyond what people tell you. Try to identify and meet the hidden heroes – Bamboo Innovator Daily: 8 Jul (Wed)


  • A former Apple employee reveals the most memorable piece of advice he ever heard from Steve Jobs: BI
  • Entrepreneurs need to think like scouts, not tourists. Look for the “software,” not the “hardware.” Pay more attention to scale-up and growth, than to startup. Look beyond what people tell you. Try to identify and meet the hidden heroes: HBR
  • 9 super-successful people share their biggest leadership secrets: BI
  • What every employee can teach their boss: Be caring; Believe; Give more; Maintaining a solid team requires honesty, openness, and a willingness to listen. Fortune
  • Professional qualifications convey a message but they foster potentially misleading generalisations: FT


  • Gomorrah: A Personal Journey into the Violent International Empire of Naples’ Organized Crime System : Amazon
  • ZeroZeroZero; From the author of the #1 international bestseller Gomorrah comes an electrifying investigation of the international cocaine trade, as vicious as it is powerful, and its hidden role in the global economy: Amazon

Investing Process

  • Noble bites bullet, undertakes review of accounting practices; “It depends on how willing Noble is to open its books, and what findings PwC comes up with. Noble’s current auditor EY bought the argument with a qualification. If PwC does the same thing, it is back to square one.  With the scepticism in the market, the last thing Noble wants is to be seen to be practising selective disclosure of the findings from the review.” BT
  • Australian Ethical Stock Fund Wins With Lasers, Sleep Apnea Tool: Bloomberg

Greater China

  • Local debt replacement scheme not going well in China: WCT
  • China Freezes Trading in 1,300 Companies, Locking Up 40% of Market Cap: Bloomberg
  • China’s Stocks Plunge as State Intervention Fails to Stop Rout: Bloomberg
  • Beijing’s Response to Stock Selloff Reveals Deep Insecurity; All-out push to force up markets comes amid new law to combat ‘dangers’: WSJ
  • China Now Risks “Financial Crisis”; Loses Could Be “In The Trillions” BofA Says: Zerohedge
  • China Bulls Lured by State Support Are Already Sitting on Losses: Bloomberg
  • China Bans Use Of Terms “Equity Disaster” And “Rescue The Market”: Zerohedge
  • Presenting China’s Plunge Protection Playbook: Zerohedge
  • China Tries Japan’s Approach to a Stock Bubble: Bloomberg
  • China Crashes Most Since 2007 Amid “Panic Sentiment”; Over Half Stocks Suspended, PBOC Promises “Liquidity Support”: Zerohedge
  • Audit Finds a National Lottery System Is Riddled with Problems; Weak supervision blamed for a host of issues in China’s two lottery systems, including billions in misused funds: Caixin
  • Beijing meets its match in the markets; Official attempts to stop the recent rout look reactive at best and ham-fisted at worst: FT
  • As China’s Market Tanks, What Becomes of the Companies Hoping to List? Many U.S.-listed Chinese firms had offers to go private, hoping to relist on exchanges at home: WSJ
  • U.S.-traded Chinese stocks plunged the most in four years as the rout that’s wiped $3.2 trillion from the value of mainland equities spreads; Alibaba to JD.Com Plunge as Investors Flee From All Things China: Bloomberg
  • Why GM Is Back Below Its IPO Price – Pictures From GM’s China “Parking Lot”: Zerohedge
  • China’s Stock-Market Rout Puts Car Sales in ‘Meat Grinder’: Bloomberg
  • China stocks nosedive as regulator warns of ‘panic’: Reuters
  • Fate of global rare earth miners rests on China smuggling crackdown: Reuters


  • India: Land in demand; As the country shifts from an agrarian to an industrialised economy, selling farmland fairly is a priority: FT
  • Blackouts, Dodgy Sellers Are Part of Life Making India’s Alibaba: Bloomberg

Japan & Korea

  • The real reason behind Samsung’s slump; Samsung’s mistake with the Galaxy S6 was trying to make it look like an iPhone in order to justify the higher price. Instead, it should’ve focused on software or services to help build a unique ecosystem: BI


  • Singapore Trains on SMRT Lines to Run Slower as Probe Continues: Bloomberg
  • Indonesia’s Earnings Downgrades Bode Ill for Asia’s Worst Stock Market: JG
  • Malaysian cops raid 1MDB office: AsiaOne
  • Myanmar Scraps Real Estate Projects Under Pressure From Monks; Buddhist monks objected to the developments, which were planned to be built near the Shwedagon Pagoda: WSJ


  • The Tax Inversion Wave Keeps Rolling; Proposed acquisition of Depomed shows how companies that move to lower-tax jurisdictions overseas use this advantage in corporate takeovers: WSJ
  • London is now the global money-laundering centre for the drug trade, says crime expert: Independent
  • Your Dirt-Cheap ETF Threatens Asset Managers’ Record Profits: Bloomberg

Energy & Commodities

  • Oil Oversupply Meets Rising Demand in Quietest Market Since 2013: Bloomberg
  • Iron Ore Retreats With Rio, BHP as Wolfe Sees Risk of Collapse: Bloomberg



  • Apple is now selling a thermostat you can control with your voice: BI
  • Are selfies the future of mobile payments?: BI
  • Property billionaire John Gandel doubles money on Aconex which provides online document management and project management software for the construction and engineering industries: AFR
  • Low-Cost Drone Maker Takes On Rivals; Parrot dominates lower end of the consumer-drone market, but faces new wave of competition: WSJ
  • Automakers Wary of Handset Fate as Google and Apple Enter Cars: Bloomberg
  • Moguls in Sun Valley Get Briefed on E-Cars, ‘Green Disruption’: Bloomberg
  • Flextronics Will Manage Global Supply Chain With New Real-Time Software; The contract manufacturing specialist says a new program will help oversee its network of 14,000 suppliers and aid risk mitigation efforts: WSJ

Consumer & Others

  • PVH Corp., Clothing Giant Behind Trump Menswear Brand, Dumps The Donald: Forbes
  • Can Shake Shack Be The Next Chipotle? Here Are The 14 Fastest-Growing Restaurant Chains: Forbes
  • Edible insect farms strive for scale: FT
  • How Starbucks Gets Away With Charging a Fortune for Cheap Beans: Bloomberg

About bambooinnovator
KB Kee is the Managing Editor of the Moat Report Asia (, 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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