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)
July 8, 2015 Leave a comment
Life
- 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
Books
- 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
- 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
ASEAN
- 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
Macro
- 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
Healthcare
TMT
- 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
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