Google cofounder Sergey Brin says these 2 books changed his life; What if the objective of one’s life is something other than optimization of discrete blocks of time and monetizing that time? – Bamboo Innovator Daily: 22 Jul (Wed)

Life

  • Google cofounder Sergey Brin says these 2 books changed his life: BI
  • 30 inspiring quotes from super-successful people that every professional should read: BI
  • 10 Simple Statements That Will Make You Think Differently; Short bits of wisdom from good books. Fool
  • “A single kindness can change everything” ; Pixar’s ‘The Good Dinosaur’ Trailer Promises a Visually Stunning, Emotional Journey: WSJ
  • Do You Know What Your Time Is Really Worth? New online tools help people value an hour; the time vs. money trade-off; What if the objective of one’s life is something other than optimization of discrete blocks of time and monetizing that time? WSJ
  • How to write, according to the woman who wrote some of Pink Floyd’s biggest hits: qz
  • 7 Challenges Successful People Overcome: Forbes
  • In big move, Accenture will get rid of annual performance reviews and rankings; “The art of leadership is not to spend your time measuring, evaluating,” ; The death knell for performance (review) anxiety?: WaPoTheAge
  • Here’s how to get through the workday after a sleepless night: BI
  • I tried a strange fruit some scientists think could solve world hunger: BI
  • After more than a decade, one of the best comic series which showed why adults should care about fairy tales is coming to an end: BI
  • How to preserve a startup culture as a company grows: Forbes

Books

  • Why Don’t We Learn from History?: Amazon
  • Myths and Mortals: Family Business Leadership and Succession Planning; Review: Myths and Mortals, Why Family Business Succession Fails: Amazon, FT
  • The Bully Pulpit: Theodore Roosevelt, William Howard Taft, and the Golden Age of Journalism : Amazon
  • Book: The Biology of Desire: Why Addiction Is Not a Disease; Kicking the Habit: If addiction is a brain disease, addicts are mad, sick and defective. If it’s a failure of will, users are bad, immoral and weak.: WSJ

Investing Process

  • Toshiba issued almost 1 trillion yen ($8 billion) of stocks and bonds when it was inflating earnings statements, leaving the company exposed to possible regulatory fines and investor lawsuits.: Bloomberg
  • Toshiba Scandal Grew From Numbers ‘Too Embarrassing’ to Show: Bloomberg
  • Audit system failed to detect misconduct at Toshiba: AsiaOne
  • Attacks on Noble Group’s accounting take their toll: FT
  • Toshiba scandal’s roots go back to dot-com bubble: Nikkei
  • Toshiba scandal is a lesson for all directors asleep at the back: Telegraph
  • Profiling The World’s Great Value Investors: What Does It Take To Achieve Enduring Success?: VW

Greater China

  • China’s Record Dumping Of US Treasuries Leaves Goldman Speechless; This brings the cumulative capital outflow over the past five quarters to $520bn. Zerohedge
  • China’s Market Plunge: Where Only 3% of Firms Could Trade; At one point in July, suspensions and limit rules meant the majority of companies were halted: WSJ
  • Investors cannot see through market froth; Bubbles will be clearer as central banks start to normalise policy: FT
  • China’s Aftershock Ripples Through Sales of Cognac to Ore: Bloomberg
  • Xi’s powerful anti-corruption czar: Nikkei
  • World’s Wildest Stock Market Submits to Communist Party Rule: Bloomberg
  • In gadgets, China’s prowess rises: JA
  • Uniqlo’s exit from JD.com raises claim of favor to rival Alibaba: Nikkei
  • A $4 Trillion Force From China That Helped the Euro Now Hurts It: Bloomberg
  • China’s gadget graveyard; About 70 per cent of all global e-waste make their way to China through nearby Hong Kong or Guangdong’s capital Guangzhou. Most end up in Guiyu: AsiaOne
  • China fatigued by debt as flexible yuan turns 10: Reuters
  • Beijing may be fighting wrong battle in curbing index futures: Reuters

India

  • Eicher Motors: It’s all in the drive; A substantial part of Eicher Motors’ success story can be attributed to Siddhartha Lal’s conviction in Royal Enfield, a struggling business back in 2000: Forbes
  • Britannia Industries: The taste of success: Forbes
  • Discount stockbrokers turn to apps to wean Indians off gold: Reuters

Japan & Korea

  • Reward for tips in Kepco fraud case highest yet: JA
  • Itochu Advantage? A Lifer CEO’s Big Aims In China; The CEO of one of Japan’s largest trading companies, Itochu, is rather boldly stepping out in word and deed: Forbes
  • Toshiba’s Tough Lessons for Japan: Bloomberg

ASEAN

  • Philippines remittances: under threat; Changing profile of expat employment suggests domestic economy will have to take up the slack: FT
  • Mobile Banking Struggles to Gain Traction in Indonesia; Most Indonesians have mobile phones, but few use them for financial services: WSJ
  • KL paper takes fight to govt over 1MDB: TODAY
  • The Scandal That Ate Malaysia: bloomberg
  • Biggest Thai Fund Sees Buying Opportunity After Stock Rout: Bloomberg

Macro

  • Exchange traded funds grow bigger than hedge funds: FT
  • ‘Buffett’ Says Sell; BofAML Asks, Should We Listen? Favorite indicator of market cap toGDP ratio is flashing a huge “sell signal” trading 80% ‘expensive’ to its long-term average, Zerohedge

Energy & Commodities

Healthcare

  • Revolutionary bionic eye to cure blindness from old age macular degeneration: theAge
  • Scientists think they’ve found a way to make the ‘biggest biotech discovery of the century’ safer and more precise; Scientists think they’ve found a way to make gene editing safer.: BI
  • This Wearable Gadget Gives You a Low-Voltage Pick-Me-Up; A device called Thync stimulates nerves with electricity to fire you up or calm you down, but does it work?: WSJ

TMT

  • A founder who raised $225 million is scary transparent: My (revenueless) startup won’t make any money until we do $20 billion in sales: BI
  • Everything we know about Apple’s ultra-secretive car project: BI
  • Disney is trying really hard to relive the glory days of its animated classics: BI
  • Turkish movie entrepreneur vying with Netflix; Efe Cakarel: Delivering indie films to the masses: FT
  • European tech: In Silicon Valley’s shadow; Money is flowing into start-ups, but tough EU rules could dash hopes of a Google or Facebook rival: FT
  • A $7 Billion Charge at Microsoft, stemming from Microsoft’s troubled acquisition of Nokia’s cellphone business, Leads to Its Largest Loss Ever: NYT
  • IBM Revenue Collapse Is Now Worse Than During Peak Of The Financial Crisis; with IBM’s net debt rising to levels that threaten its investment grade rating, the company could no longer afford to splurge on debt-funded stock buybacks: Zerohedge
  • A Tech Startup Is Trying to Catalogue Every Piece of Art on the Market; And once it’s catalogued, Verisart aims to help people buy and sell art digitally: Bloomberg
  •  Apple Faces Old Question of What’s Next After Record Profit: Bloomberg
  • KKR’s First Data charges into tech-ier second life; KKR’s acquisition of First Data looked like a $29 billion mistake almost right after it closed in late 2007. : Reuters

Consumer & Others

  • Chipotle’s prices are starting to vary even more based on where you live: qz
  • How Chipotle is changing the pizza industry: BI
  • Changing tastes spur Nestlé to take fresh approach to frozen food: FT

About bambooinnovator
Kee Koon Boon (“KB”) is the co-founder and director of HERO Investment Management which provides specialized fund management and investment advisory services to the ARCHEA Asia HERO Innovators Fund (www.heroinnovator.com), the only Asian SMID-cap tech-focused fund in the industry. KB is an internationally featured investor rooted in the principles of value investing for over a decade as a fund manager and analyst in the Asian capital markets who started his career at a boutique hedge fund in Singapore where he was with the firm since 2002 and was also part of the core investment committee in significantly outperforming the index in the 10-year-plus-old flagship Asian fund. He was also the portfolio manager for Asia-Pacific equities at Korea’s largest mutual fund company. Prior to setting up the H.E.R.O. Innovators Fund, KB was the Chief Investment Officer & CEO of a Singapore Registered Fund Management Company (RFMC) where he is responsible for listed Asian equity investments. KB had taught accounting at the Singapore Management University (SMU) as a faculty member and also pioneered the 15-week course on Accounting Fraud in Asia as an official module at SMU. KB remains grateful and honored to be invited by Singapore’s financial regulator Monetary Authority of Singapore (MAS) to present to their top management team about implementing a world’s first fact-based forward-looking fraud detection framework to bring about benefits for the capital markets in Singapore and for the public and investment community. KB also served the community in sharing his insights in writing articles about value investing and corporate governance in the media that include Business Times, Straits Times, Jakarta Post, Manual of Ideas, Investopedia, TedXWallStreet. He had also presented in top investment, banking and finance conferences in America, Italy, Sydney, Cape Town, HK, China. He has trained CEOs, entrepreneurs, CFOs, management executives in business strategy & business model innovation in Singapore, HK and China.

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