‘We support Grouchy Smurf’: billlionaire owner-operator of Kyobo Life Insurance Shin Chang-jae encourages Kyobo staff to voice grumbles; “Think of an orchestra. If there are no musical notes, they will just stare at the conductor all the time” – Bamboo Innovator Daily: 20 Jul (Mon)
July 20, 2015 Leave a comment
Life
- ‘We support Grouchy Smurf’: billlionaire owner-operator of Kyobo Life Insurance Shin Chang-jae encourages Kyobo staff to voice grumbles; “Think of an orchestra. If there are no musical notes, they will just stare at the conductor all the time”: FT
- Disneyland’s diamond anniversary: can it keep the magic for another 60 years? The first Disneyland opened 60 years ago this weekend and no competitor since has managed to dent Disney’s dominance. But change is afoot. Can the Mouse House stay on top?: Telegraph
- Change Comes From the Margins: Opinionator
- The productivity trick one author used to write over 40 books: BI
- Wanted in College Graduates: Tolerance for Ambiguity; Excelling at any job is about doing the things you weren’t asked to do. – Mary Egan, founder of Gathered Table in Seattle and former senior vice president at Starbucks: Linkedin
Books
- Situations Matter: Understanding How Context Transforms Your World: Amazon
- The Emotionally Intelligent Investor: How self-awareness, empathy and intuition drive performance : Amazon
Investing Process
- Toshiba cooked books to tune of ¥160 billion, more than three times the ¥50 billion initially uncovered via Toshiba’s internal probe, after nuclear disaster decimated profit targets: JT
- Investment tips are easy, knowledge is hard. Aleph
- Why Wall Street traders are obsessed with Jesse Livermore: BI
Greater China
- Chinese “Bubble Trouble”: Why UBS Thinks We’re Only “Half Way Through”: Zerohedge
- Why Is China Regulating Internet Financing Now; The size of informal stock financing is substantial, estimated at $80bn: Barron’s
- For Many Firms, China’s ‘New Normal’ Spells Doom; Industrial city’s struggle illustrates how slower economic growth is squeezing manufacturers: WSJ
- China’s impossible dream: A capitalist stock market without large losses : PS
- Huawei Ad Debate Offers Look Inside Company; Some at Chinese telecom firm chafe over image of a ballerina’s feet said to represent struggle for success: WSJ
- SF Express founder Wang Wei, China’s courier king: WCT
- An adult coloring book has become a bestseller in China, persuading many of the country’s social media addicts to put down their phones for a while and return to simpler pleasures.: WCT
- Taiwan should capitalize on China’s late start in robot industry: WCT
- No businessman is an island: app helps China’s top entrepreneurs learn from each other; Exclusive social networking platform Zhenghe Island allows Chinese business founders to share their experiences; Annual membership fee is $4,828 : SCMP
- As Beijing Becomes a Supercity, the Rapid Growth Brings Pains: NYT
India
- Motherson Sumi: The sum of all parts; A firm believer in long-term play, Vivek Chaand Sehgal set audacious goals and took a measured path to achieve them. The result: A global auto component behemoth and a shareholder’s delight: Forbes
- Indians Are Spending Millions Buying Homes Online: Bloomberg
Japan & Korea
- Lawson still sees big growth potential in Japan; Convenience store to target ageing, declining rural population: FT
- How Nintendo squandered its Wii triumph: JT
ASEAN
- The Edge Financial Daily details alleged 1MDB fraud in possibly last report: TODAY
- IRS Probes Singapore Asset Manager; U.S. crackdown on undeclared offshore accounts and tax evasion turns east: WSJ
- Philippines’ empowered consumer attracting appliance giants: Nikkei
- KFC shows how to change Myanmar’s eating habits: Nikkei
Macro
- A Tiny Bank’s Surreal Trip Through a Fraud Prosecution; Abacus Bank discovered a fraudulent loan scheme in 2009 and reported it to regulators. For its trouble, it found itself a target of prosecutors. NYT
Energy & Commodities
- Aussie innovator cracks tyre recycling conundrum: BRW
- Commodities crash could turn Australia into a new Greece: Telegraph
Healthcare
- How researchers can grow tiny, beating hearts in a laboratory: BI
- Pharmaceuticals: Brain power; It is seen as a ‘black hole’ for drugs spending, but there is fresh hope of a treatment for : FT
TMT
- Companies are making human-like robots and they think they’ve stumbled on the biggest thing since the iPhone; one app could be programmed to take a picture every time it spots someone it doesn’t recognize : BI
- Investors are overlooking one thing when they throw money at ‘Uber for X’ startups; Homejoy is shutting down after blaming independent contractor lawsuits. Washio is facing litigation from its workforce of “ninjas.”: BI
- Uber’s nightmare scenario: Here’s what a huge, expensive pain it would be to turn thousands of drivers into employees: BI
- The crown jewel in Disney’s cable empire is facing an unprecedented crisis: BI
- The real reason Wal-Mart is going after Amazon: BI
- Yahoo M&A chief Jackie Reses has issued an incredible mandate on how to treat companies that ask to be acquired; “God forbid you send a rejection letter, you’re doomed internally, It’s just human. These are people. Their companies are their lifelines”: BI
- The story of how Pinterest hired its founding engineer: BI
- Finding Video Gold in the Web’s Garbage: Combing the Web, Jukin Media rounds up, licenses amateur video, creating one-stop shop: WSJ
- Welcome To The Unicorn Club, 2015: Learning From Billion-Dollar Companies: Techcrunch
- From Beanie Babies To Bugattis: Building An Enduring Marketplace: Techcrunch
- Apple Waits as App Developers Study Who’s Buying Its Watch: NYT
- Windows 10 Signifies Microsoft’s Shift in StrategyPressure from competitors has compelled the company to make the upgrade free for the first time and to find new ways to profit from some of its big moneymakers.: NYT
- For eBay, a new chapter begins: Fortune
- Firms Back $10 Million Testing Ground for Self-Driving Vehicles; Success could boost Detroit’s ability to compete in emerging tech war: WSJ
- Frenzy Around Shopping Site Jet.com Harks Back to Dot-Com Boom; Despite steep losses and looming competition with Amazon.com, online retailer is in talks for capital infusion that could value it at $3 billion: WSJ
- Tech World Prepares Obituary for Adobe Flash; Latest security risk is only the latest strike against with the video software: WSJ
- Startups Compete for Freight Forwarding as They Wade Into Global Shipping; Technology firms are attempting to break into the $160 billion cargo agent business by offering online services to find the lowest shipping rates and fastest rout: WSJ
- Growth-Starved Investors Bid Up Tech Shares; Titans like Google and Netflix are rewarded for sales gains as other sectors struggle to boost revenue; valuations get more pricey: WSJ
- ‘It was absolutely a Kitty Hawk moment.’ A pop-up health clinic in rural Virginia received deliveries of medicine from a drone, the first government-approved drone delivery in the U.S.: WSJ
Consumer & Others
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