Nike’s founder reveals the best decision he ever made; What Generous People’s Brains Do Differently; “No artist is pleased… There is only a queer divine dissatisfaction, a blessed unrest that keeps us marching and makes us more alive than the others.” – Bamboo Innovator Daily: 2 Oct (Fri)

Life

• Martha Graham on the Life-Force of Creativity and the Divine Dissatisfaction of Being an Artist; “No artist is pleased… There is only a queer divine dissatisfaction, a blessed unrest that keeps us marching and makes us more alive than the others.”: BP
• Nike’s founder reveals the best decision he ever made: BI
• What Generous People’s Brains Do Differently: HBR
• How Gratitude Can Help Your Career: HBR
• 4 Steps To Overcome Adversity And Amplify Your Success: Forbes
• Old Money’s 7 Essential Ways to Stay Rich; Lessons from five centuries of safeguarding family money.: Bloomberg
• How the Superwealthy Plan to Make Sure Their Kids Stay Superwealthy; Passing on a fortune isn’t as easy as it seems.: Bloomberg
• Rewriting the Economic Rules; it’s insidious that farmers are buying genetically modified seeds. Attacking innovation is a strange way to save capitalism. WSJ
• Nicolas Berggruen is on a crusade for ideas; wants to be “midwife” to new conceptual frameworks that can rank alongside the Reformation, the Enlightenment, Marxism or the Washington Consensus: FT
• Psychiatrists use an old trick to get people to trust them with their secrets – and it works just as well in business: BI
• Capitalism and its discontents: Anti-capitalism is being fuelled not just by capitalism’s vices but also by its virtues: Economist
• 10 idioms from around the world that make absolutely no sense in English: BI
• 8 bizarre German words with no English equivalent: BI
• 3 brilliant ways to breeze through the mid-afternoon slump and have more energy all day: BI
• Rewriting the Economic Rules; it’s insidious that farmers are buying genetically modified seeds. Attacking innovation is a strange way to save capitalism. WSJ

Books

• First, Fast, Fearless: How to Lead Like a Navy SEAL : Amazon

Investing Process

• Seeking Wisdom In India: Janav
• Good Investing Hurts: The best investors enduring years of pain. Fool
• Smart Beta’s ETF Domination; With nearly $500 billion already under management, smart beta indices are becoming a more dominant part of the exchange-traded universe, according to Morningstar.: ai-CIO
• Sinarmas Land share buyback raises questions: BT
• Lax scrutiny, over-reliant directors behind improper financial statements: Acra: BT
• Bit late to start playing defence? Danger is that those switching into supposedly safer stocks will find they have paid over the odds: FT
• Outsiders in chemicals, the story of Rockwood Holdings: BLMS
•  Interview with Sanjay Bakshi: TWS
• Some big hedge funds’ top 10 lists look a lot alike: Reuters
• Shorting Blacksmiths: RM

Greater China

• Chinese Cash Flow Shocker: More Than Half Of Commodity Companies Can’t Pay The Interest On Their Debt: zh
• China’s commodity companies are drowning in a sea of debt: BI
• Why Apple and Nike Can Buck China Slowdown; In China’s increasingly two-speed economy, some U.S. companies thrive; others falter: WSJ
• Global Giants Listed in Hong Kong Crumble as Ties to China Backfire: Bloomberg
• MGM’s Solution to Trouble in Macau: Treat the Masses Like VIPs: Bloomberg
• China’s Australian bond ownership is bigger than we thought; “We don’t know what the Chinese are selling because we don’t know the composition of their reserve holdings”: TheAge
• Hong Kong, Japan and South Korea would feel brunt of China hard landing, yuan could devalue 10 per cent: analysts: SCMP
• Hong Kong home prices could tumble 30 per cent through 2017 on deteriorating economy: UBS: SCMP
• Hong Kong home rents expected to fall along with prices: SCMP
• Emerging Chinese players bring changes to aircraft leasing industry: SCMP
• Stocks loaned as collateral pose broader financial risk as China market slump builds: SCMP
•  The price of coffee in China has people griping: Nikkei
• ‘De-deification’: Chinese state media escalate attacks on Li Ka-shing: Nikkei

India

• E-commerce in India: Snap, flip and crackle; Flipkart and Snapdeal vie to be India’s answer to Amazon and Alibaba: Economist
• What Does Bill Gates Think of Narendra Modi?: WSJ
• We are suffering from shoddy and expensive financial products: Ajay Shah; Professor at the National Institute for Public Finance explains why Indian companies are not competitive in global markets: Forbes
• Brick-and-mortar stores growing despite etail boom in India: Forbes
• India a good boy in a bad world: Uday Kotak; The nation is following a disciplined monetary path that will pay off in the long run, says Kotak Mahindra Bank chief: Forbes
• The talking point: Incremental or big bang reforms for India? Top brains argue on what’s best for the country’s economy: Forbes

Japan & Korea

• S. Korean firms abandon dollar debt to tap record-low rates at home: Star
• Japan Advances on Self-Driving Road; Toyota starts selling safety device that can talk with other cars; Robot Taxi readies driverless experiment: WSJ
• Samsung TVs appear less energy efficient in real life than in tests: Guardian
• Investments that Pay when Korean Workaholics Play: ABG
• Analyst Known as Mad Dog Says Yen Can Rise to 100 Per Dollar: Bloomberg
• This Japanese Emissions Equipment Maker Humbled Mighty VW: Bloomberg
• Designer bag brand Kwani goes global; “In order for steady global success, we must first be trusted and loved by people in our own nation” : KH

ANZ

• Foreign takeovers in Australia: Selling the farm; The prospect of foreign ownership of two giant agri-businesses causes alarm: Economist

ASEAN

• The Parsi community is shrinking but not in Singapore; Here they have bucked the trend, doubling to about 300 Parsis from 15 years ago: ST
• Indonesia’s ‘haunted’ offices create niche industry in exorcisms: FT
• Ringgit rout fails to revive Malaysia exports; Sharp rally seen after 1997 crisis is absent this time: FT
• Scandal-hit Malaysia investment fund files accounts late: FT
• Saving sens and losing excellence: Hard times are upon us and the Education Ministry has ordered schools to cut costs. But what of the push for international accolades?” Star
• Indonesia Minister Says China-Built Train Could Be Slower; Government defends Jakarta-to-Bandung rail project: WSJ
• How Thailand Plans to Jump-Start Its Economy; Somkid Jatusripitak, Thailand’s new economics czar, is trying to turn around one of Asia’s worst performers: WSJ
• Singapore’s MediaCorp in media-for-equity deal with VC-backed skincare brand: DSA
• Credit rating Agency Standard & Poor’s has tagged the Philippines as the world’s strongest major emerging market, citing its buffers that would insulate the economy from external shocks.: NM

Macro

• Emerging Markets Set for First Annual Net Outflow in 27 Years: Bloomberg
• Capital flight darkens economic prospects for emerging markets: FT
• Fears of a Chinese ‘hard landing’ trigger mass exodus from emerging markets; Investors are pulling their money out of emerging markets in the biggest net outflow of capital since 1988: Telegraph
• A big investment banking business is a horror show, and traders are trying to get out: BT
• The evidence coming out from the mis-sold insurance scandal is getting ridiculous: BI
• Young Americans Are Giving Up on Getting Rich; Despite debt, stagnant wages, and sluggish economic growth, young people may yet find a path to prosperity. Bloomberg
• The vultures circle: Rising credit spreads are the latest bad omen: Economist
• Emerging markets: Under the cosh; The winners and (mostly) losers from the recent turmoil: Economist
• The credit bubble, the bears and the central bankers; What happens when emerging market private money creation slows or goes into reverse? FT
• Treasury’s Lew Says Congress Must Raise Debt Limit by Nov. 5; The government will run out of money to pay its bills sooner than previously thought: WSJ
• With Consumer Lenders Under Regulatory Glare, Big Banks Tighten Purse Strings: NYT
• The Pain Trade: How Slumping Commerce Threatens Global Growth: Bloomberg
• Distressed Bonds at 59 Cents Threaten Emerging Market Gains: Bloomberg
• E.T.F. Sponsors Remain Confident in the Face of Volatility: NYT
• Junk or AAA? Rating Split Plagues Chicago as It Borrows Billions: Bloomberg
• Is Asian century over, prematurely?: KT
• Hot Money Crew Brings Asia Back to Earth; Stocks have dived as foreigners fret over Asia’s debt levels but brave investors may find long term value.: Barron’s

Energy & Commodities

• Oil companies in the Arctic: A rig too far; Shell’s retreat from the frozen north shows the new realities of “big oil”: Economist
• Painful effects of petrodollar deficit; Proceeds from selling oil that flowed back into the global system underpinned credit boom: FT
• Glencore defaulted cotton deal comes unstitched: FT
• South Africa’s Gold Miners Turn to Machines to Stay Afloat; As gold gets harder and more expensive to mine, companies look for more efficient, safer ways to dig deeper: WSJ
• At Glencore, a Mining Emperor Tries to Save His Realm; CEO Ivan Glasenberg struggles to reassure investors amid a rout in commodity prices: WSJ
• Half of World’s Coal Output Is Unprofitable, Moody’s Says: Bloomberg
• Why Commodities Are Back in the 1990s: Bloomberg
• Glencore’s Wild Ride Has Investors Asking: Can It Happen Again?: Bloomberg
• Are mysterious commodities traders like Glencore and Noble too big to fail?: theAge

Healthcare

• Gene editing: Even CRISPR; A new way to edit DNA may speed the advance of genetic engineering:Economist
• Early Promise for a New Paralysis Treatment; Startup InVivo treats nerve cells within the spinal cord.: Bloomberg
• Healthcare junk bonds sting investors: FT

TMT

• Apple has invented a smart ring: BI
•  $2 billion startup GitHub’s next mission: Turn you into a programmer: BI
• Goldman Sachs’ former technology chief is building ‘the FedEx of money’:BI
• This anecdote about Google’s CEO missing a meeting shows what the new ‘Alphabet’ structure will be like: BI
• Artificial intelligence: Watson, IBM’s attempt to crack the market for artificial intelligence, is starting to be tested in the real world: Economist
• Machines for thinking: Computers will get smarter, but with humans in charge: Economist
• In Social Media Marketing, the Burger King Has It His Way; Burger King’s tightfisted managers crank out quirky marketing suited to the Digital Age.: Bloomberg
• Google’s Nest opens door to ‘smart home’ growth: FT
•  Uber wants you to change the world without leaving home; Despite high-tech trappings, they are essentially a feudal mechanism: FT
• Can Synaptics Really Do Better? A reported bid for chip maker Synaptics shows a fair premium despite recent selloff : WSJ
• Google’s Moonshots Lose a Lot, or a Little, Money: WSJ
• At Google, Breathing Room for New Ideas; Nest Labs unit insisted on autonomy and is now a model for Alphabet Inc. reorganization: WSJ
• What we can learn from the epic failure of Google flu trends: Wired
• IBM Scientists Find New Way to Shrink Transistors: NYT
• Threat Of Digital Disruptors Fuels Rush For Corporate Accelerators: Forbes

Auto

• This Car Dealer Turned Billionaire Got a Little Help From Buffett: Bloomberg

Consumer & Others

• The trouble with those 20 percent off coupons from Bed Bath & Beyond: WaPo, BI
• This cheaper version of Forever 21 that sells shirts for only $1.60 is trying to take over teen retail: BI
• Board games: Not twilight, but sunrise; Table-top games are booming in the video-game age: Economist
• Jet-Engine Maker Pratt Shores Up Weak Link in Supply Chain; Problems at UPS logistics center this summer stalled United Technologies unit’s production for nearly a month: WSJ
• The L’oréal chemist who’s changing the face of makeup: FastCo
• The Ikea-backed company making flat-pack refugee shelters can’t keep up with demand: qz
• The history of an iconic sports beverage: Gatorade turns 50: Fortune