The Inner Light of Creativity: Vivian Gornick on How One Blossoms into Being an Artist; How one CEO went from a teenage runaway living in an Indian slum to founding a billion-dollar company – Bamboo Innovator Daily: 18 Aug (Tues)

Life

• The Inner Light of Creativity: Vivian Gornick on How One Blossoms into Being an Artist: BP
• How one CEO went from a teenage runaway living in an Indian slum to founding a billion-dollar company: BI
• Innovation: Not a Straight Arrow; ‘You can’t connect the dots looking forward’: Insead
• Louise Bourgeois on Art, Integrity, the Trap of False Humility, and the Key to Creative Confidence: BP
• 7 steps to help you bounce back from a failure stronger than ever: BI
• 10 Things You Should Start Doing Today To Motivate Yourself For Success: Forbes
• Hubris – How To Recognize It And How To Deal With It: Forbes
• ‘Dilbert’ creator: There’s a ‘clown genius’ behind Donald Trump’s campaign — and it’s why he’s unstoppable: BI, Dilbert
•  How Mark Cuban prevents his kids from becoming ‘entitled jerks’: BI
• A tech CEO shares the one quality all candidates should prove they have during the job interview: self-awareness; Don Charlton of Jazz on the Power of Candid Questions: BI, NYT
• Former Microsoft exec explains why Satya Nadella would’ve been his ‘only’ internal choice for CEO: BI
• In Praise of Slowness: Challenging the Cult of Speed: Farnam
• Teenager who hated school but set out to become a tycoon; Yasser Khattak focused on plugs and switches to find a solution to an everyday problem: FT
• Bedtime Stories for Young Brains: NYT
• Jeff Bezos and Amazon Employees Join Debate Over Its Culture; Depiction of Amazon Stirs a Debate About Work Culture: NYT1, 2
• The Missing ‘Leadership Principle’ at Amazon; The online retail giant has maintained a disruptive spirit, but it may need to adapt its corporate culture to keep employees happy: Bloomberg
• Admitting You Don’t Know, When You’re the CEO: HBR
• “It is easier to focus if you don’t go home,” explained a young employee named Jeffrey Bezos, who went on to found the Internet retailing giant Amazon.” : TII
• Teaching Entrepreneurs to Do More Than Dream; Many U.S. business-school graduates can’t create a realistic profit-and-loss statement: WSJ

Books

• The Other “F” Word: How Smart Leaders, Teams, and Entrepreneurs Put Failure to Work: Amazon

Investing Process

• Korean regulator raids accountant for allegedly using inside information; It is the first time in 13 years that the Financial Services Commission (FSC) exercised its authority to raid people suspected of committing financial crimes. KT
• Doubling your frozen capital, Hong Kong style, in suspended stocks; Tianhe and Sihuan, both suspended since March, are investments of Morgan Stanley Private Equity: FT
• Solar firm Hanergy is bringing its profits down to earth. But the next step—getting paid by its parent—comes with strings attached.: WSJ
• A Biotech Company Escalates the War Against Its Own Founder; The company demands that Martin Shkreli surrender more than $65 million in allegedly misused company assets: Bloomberg

Greater China

• China’s Richest Traders Are Fleeing Stocks as the Masses Pile In: Bloomberg
• Beijing Flounders on What It Has Done Best; Between slowdown and market turmoil, leaders appear to have lost some of their touch: WSJ
• “It’s hard to trust data from China”: Hedge China’s Fragile Stock Market; A 6% selloff and fears of a weaker yuan underscore why investors should consider downside protection. Barron’s
• China has a moral hazard problem; two thirds of WMP (Wealth Management Products) are non-guaranteed, thus held entirely off-balance sheet and not classified as deposit funding.: FT
• Beware a China crisis that could crash down on us all; If the yuan dropped very sharply, inflation could soar, leading Beijing to raise interest rates, which would slow the country’s economy – which at the moment seems unthinkable: Telegraph
• Auditor Slams Agencies, Property Companies for Misuse of 9.4 Bln Yuan; Over 100 companies and government agencies under scrutiny for misallocation of funds in affordable housing projects: Caixin, Reuters
• China’s social media explosion has shattered the official silence; While information is now easier to come by, hard facts are not: FT
• What are Chinese capital controls really? – Part 2: FT
• Shared Office Space Comes to China; Landlords use WeWork model to gird for a slowdown in China’s economy and office market: WSJ
• China retreats to financial shadows to boost economic growth: Reuters
• Playing Chinese markets is as simple as ‘follow the leader’: Reuters
• China Turned to Risky Devaluation as Export Machine Stalled: NYT
• China’s devaluation adds to emerging markets woes; Investors are in a sell-first, ask-questions-later mood and even a paltry renminbi fall is alarming: FT

India

• Bad debts cloud outlook for India’s private sector banks: MC
• India’s Deadly Cities; why managing the rapidly growing urban population is harder than in neighboring China.: PS
• Why Are India’s Top Online Retailers Running Free ‘Universities’?: Forbes
• Uber’s Popularity in India Has Led to a Mini Vehicle Boom: Bloomberg

Japan & Korea

• Reinventing Lotte Group: JA
• Tokyo building boom causes debt fatigue as Sumitomo yields rise: JT
• The father-daughter battle over the management of Otsuka Kagu, a Japanese furniture retailer, has ended in favor of Kumiko Otsuka, the daughter and the company’s president. : Nikkei
• Kuroda Electric vs. Murakami: Proxy fight to test Japan’s corporate governance reform: Nikkei

ASEAN

• As Nation Turns 70, Young Indonesians Speak Up: JG
• Singapore bankers rattled by Asian moves to chase undeclared wealth: Reuters
• Deloitte: Leadership crisis looming in Southeast Asian companies: Star

Macro

• The Great Emerging-Market Bubble: PS
• Mechanics of bond indices raise concerns; Investors to reassess traditional approach of debt market benchmarks: FT
• Latin American Currencies Are Hit by Rate Fears and China’s Yuan Move; Mexican peso has declined as investors await U.S. interest-rate increase: WSJ
• U.S. Lacks Ammo for Next Economic Crisis; Policy makers worry fiscal and monetary tools to battle a recession are in short supply: WSJ
• Norway Oil Fund Excludes Companies on Environment Risks: Posco, Daewoo Int, Malaysia’s IJM and Genting: WSJ
• World’s Biggest Currency Trade Is Stuck in a Fed-Induced Rut: Bloomberg
• Emerging Currencies Extend Longest Selloff Since Turn of Century: Bloomberg

Energy & Commodities

• Cargill makes bet on global appetite for farmed salmon; Cargill has made the second largest acquisition in its 150-year history in a wager on strengthening global appetite for farmed salmon, buying EWOS of Norway for €1.35bn : FT
• Fish Farming Becomes Bigger Business Than the Open Sea: Bloomberg

Healthcare

• FDA warns makers of superbug-prone devices over testing violations: reuters
• Here’s why hospitals are using virtual reality to train staff; Virtual reality allows medical professionals to practice procedures that don’t occur frequently in real life. Fortune

TMT

• Want to Shop for a Surprise? Try a Subscription Box: NYT
• How Relay FM Proves That Podcasts Aren’t An Overnight Success: Techcrunch
•  The agonizingly slow decline of adobe flash player: FastCo
• One way to compete with amazon in e-commerce: Personality; Gift-box delivery service Man Crates is funny so that you don’t have to be.: FastCo
• Less than two years after going public, Internet retailer Zulily Inc. is selling itself for a fraction of its post-IPO high as the flash-sale strategy it helped pioneer has lost its allure among consumers.: WSJ
• Accomable: Lessons From an Inspiring Start-Up; A new start-up Accomable seeks to be the “Airbnb for disabled people and anyone with mobility difficulties.”: NYT

Consumer & Others

• Walmart’s CEO keeps this magazine article from 1996 in his office: BI
• A parable of Oreos and ovens: Once-popular cookie companies are facing competition from an unlikely source: home bakers: FT
• American Apparel Raises ‘Going Concern’ Doubts as Losses Mount: Bloomberg