Daniel Kahneman: ‘What would I eliminate if I had a magic wand? Overconfidence’; Why Empathy Matters In Investing – Bamboo Innovator Daily: 27 Jul (Mon)

Life

• Daniel Kahneman: ‘What would I eliminate if I had a magic wand? Overconfidence’: Guardian
• 10 CEOs who prove liberal arts degrees aren’t worthless: BI
• Susan Cain Instigates a ‘Quiet Revolution’ of Introverts With Speeches and Company: NYT
• 7 things you can do to be a better communicator: BI
• 7 ways to talk about yourself without sounding like a jerk: BI

Investing Process

• Why Empathy Matters In Investing: Fundoo
• The going gets tough for value managers: FT

Greater China

• Can All Chinese Debt Be Rated A+? Around 97% of yuan-denominated bonds hold top ratings at home: WSJ
• The US$26 trillion debt problem that is crushing competitiveness in China: SCMP
• Private firms in China suffering under huge debts: WCT
• It’s Not Just Margin Debt: Presenting The Complete Chinese Stock Market Ponzi Schematic: Zerohedge
• China Stocks Sink Most Since 2007 as State-Induced Calm Shatters: Bloomberg
• How one of China’s most powerful men fell from grace: BI
• Virtual network operators unprofitable in China: WCT
• China’s Warcraft III champion has made a mouse to monitor gamers like traditional athletes: qz
• Companies tap mobile payment market in Taiwan: WCT
• When 60,000 taxis are not enough for Shanghai; While anti-Uber protests are on the rise, the demand for such services cannot be dismissed: SCMP
• China online finance rules balance innovation and risk control: FT
• China car market braces for abnormal era of flat sales; Bleak outlook hovers over an industry that has been a cash cow for carmakers: FT
• China’s Baidu Tries to Wrangle Edge Over Rivals: WSJ
• Danone’s New Boss Looks to Revive Fortunes in China; French dairy giant drops efforts to revive flagship infant formula unit in China after massive food scare: WSJ

India

• India’s reforms target labour anarchy, but too late for some: Reuters
• Mumbai Is Overflowing with Garbage: Bloomberg

Japan & Korea

• Toshiba scandal exposes Japan Inc.’s governance flaws: AsiaOne
• Creative economy for Korea: KT
• Ambitious Suzuki: New president takes over from charismatic father: Nikkei
• Deep-Sea Plan Fails, Leaving Korean Shipyards Struggling: Bloomberg

ASEAN

• 1MDB saga: A tale of debt, money trails and allegations: AsiaOne
• Neighbors may not welcome Thailand’s SEZs: Nikkei
• Chinese tourists spurn SE Asia holidays; Key Southeast Asian markets have seen a marked drop in Chinese tourists, a growth sector across much of the globe, as air crashes and geopolitical tensions take their toll. FT
• Singapore’s Accounting and Corporate Regulatory Authority (Acra) issues 10,000 summonses every year to “errant” directors. : BT
• Mr Bean’s royal Cinderella tale: The soya milk chain has gone from strength to strength in the past 20 years to become an extensive local and regional chain.: BT
• Philippines lustre dims as investors look beyond Aquino: AsiaOne
• Kuala Lumpur’s $1 Billion Terminal Is Sinking, Airline Says: bloomberg
• Najib’s Deputy Seeks ‘Truth’ on Malaysia Investment Fund Actions: Bloomberg

Macro

• Glut of backdoor listings to hit ASX before window closes: BRW
• Proof of a ‘Gig Economy’ Revolution Is Hard to Find; Despite the hoopla over Uber, Etsy and the sharing economy, Americans are becoming less likely to be self-employed, hold multiple jobs, data show: WSJ
• Revenue Recession: Investors Are Paying Too Much For Growth, Barclays Says: Zerohedge

Energy & Commodities

• Shares in Atlas Iron, Australia’s fifth-largest iron ore producer, plunged more than 70 per cent on Monday as they resumed trading on the Australian Stock Exchange following a nearly four-month suspension. FT
• Oil groups have shelved $200bn in new projects as low prices bite: FT
• Tiny Quebec company turns big agriculture’s head with ‘magic potion’ that makes crops boom: FP
• Oil Bulls Flee at Fastest Pace in Three Years as Glut Expands: Bloomberg

TMT

• The guys behind MegaBots say their giant fighting robot will pioneer an entirely new, worldwide sport: qz
• Why TPG Telecom’s David Teoh bought iiNet: theAge
• SEEK’s Andrew Bassat charts course for aggressive Asian expansion: BRW
• The neuro-revolution is coming: Greg Gage’s neuroscience kits put research in the hands of the curious: TED
• Vizio reveals how it secretly tracks what you’re watching in IPO plan; Vizio believes it can use this knowledge to deliver customized content and ads to its users, further driving revenue and increasing engagement with its users. Fortune
• The Mystery Money Creating The Unicorn Herd: techcrunch
• People are clearly worried that Apple’s ‘golden goose’ is in trouble: BI
• Running hot – the Australian taking 3D printing from the lab to the factory: TheAge
• Scientists made a major breakthrough in 3D-printed electronics that will keep you from ever drinking spoiled milk again: BI
• Oracle is using ‘the nuclear option’ to sell its cloud software: BI
• Shopping: Retail’s holy grail; Millennial females’ anxieties about appearing too often in the same outfit are changing buying habits: FT
• Zable family’s Cubic makes card readers, passenger gates, ticket-vending machines, and the technology that runs them, for domestic and international markets; Its fare-collection systems for subways, buses, and commuter trains serve 38m people a day, and generate about 24 billion transactions a year. Barron’s
• Comcast: Don’t Get Caught Up in the BuzzFeed; Comcast may need to invest in a digital media startup, but it shouldn’t overpay for that cachet: WSJ
• Apple celebrates 10 years of podcasting: TheAge

Consumer & Others

• Fighting food allergies before it was fashionable built Narelle Plapp a $5m business: BRW
• One of the most iconic shoe brands just made a huge change after 98 years: BI
• Patricia Barbizet, Christie’s: Loyal dealmaker comes to the fore; The auction house boss has become one of France’s most powerful business leaders: FT
• Hint’s Founder Was Inspired By A Coke Executive Who Told Her, ‘Sweetie, Americans Like Sweet!’ Goldin, 48, talks about how she built a company she believes is worth at least $250 million: Forbes
• Luxury Firms Fight Online Fraudsters Over Expensive Fakes: Bloomberg
• Casino Wants to Use Jewelry to Track Down the World’s Top Gamblers: Bloomberg