The Opposable Mind: How Successful Leaders Win Through Integrative Thinking; John Dewey on How to Find Your Calling, the Key to a Fulfilling Vocation, and Why Diverse Interests Are Essential for Excellence in Any Field – Bamboo Innovator Daily: 20 Oct (Tues)

Life

• John Dewey on How to Find Your Calling, the Key to a Fulfilling Vocation, and Why Diverse Interests Are Essential for Excellence in Any Field: BP
• Manny Stul takes out Australian EY Entrepreneur Of The Year; Stul says the secret to Moose Enterprise’s success is “innovation with integrity”. TheAge
• Dilbert creator Scott Adams presents his 10 favorite comics of all time: BI
• Watch A Clip From Pixar’s Super Team of Hindu Deities: WSJ
• The histories of Judaism and Christianity suggest that words alone won’t pacify Islam. Its transformation will be long and bloody. WSJ
• Richard Branson explains his 10 rules for being a great leader: BI

Books

• The Opposable Mind: How Successful Leaders Win Through Integrative Thinking: Amazon

Investing Process

• Comply or explain issue: try naming & shaming; Enforcing the comply or explain requirement; Companies Act must be amended now to ensure real independence of directors: BT1, BT2, BT3
• The Man Accused of Spoofing Some of the World’s Biggest Futures Exchanges : Bloomberg
• The Importance of Structure: MM
• Investor advocates protest proposals limiting disclosure; FASB proposals may limit what companies reveal in quarterly reports: MW
• Here’s why you can’t trust a company’s financials: A new study says auditors’ signoffs on a company’s books are unreliable a good portion of the time.: Fortune

Greater China

• China’s capital outflows top $500bn: FT
• China’s wise men come down to earth with a bump: Reuters
• Bogus Chinese graft-busters created fake interrogation room in abandoned mall to con victims out of money: SCMP
• Feeling the Heat, Internet Companies Resort to Mergers to Stay Competitive: Caixin
• China’s Antigraft Drive Hits Communist Party Media: WSJ
• China’s Better-Than-Expected GDP Prompts Skepticism From Economists; Official growth of 6.9% in third quarter puts spotlight on number’s apparent disconnect to underlying data: WSJ
• Little-Known Beijing Stock Market Sees Surge of IPOs; Small companies turn to capital’s ‘third board’ for listings as initial offerings continued to be blocked in Shanghai and Shenzhen: WSJ
• Is There a China Model?: CF
• The Great Ball of China Money Rolls Into Bonds; Bringing leverage and distortion in its wake.: Bloomberg
• Discordant Financial Messages From China Spur Global Unease: NYT
• Beijing promotes low-paid college grads to startup CEOs: Reuters
• China’s watchdogs step in to avert Sinosteel bond default: SCMP
• Yum Brands to Spin Off China Business: WSJ

India

• Nobel Prize Winner Angus Deaton Says There Are Discrepancies in India’s Economic Data; “I’m sure some of that growth is exaggerated. I’ve no idea how much, it might be just a point or two. It might be a lot more than that.”: WSJ
• Harsh Goenka and CEAT: Getting a stronger grip; Even as Ceat outperforms expectations under the leadership of son Anant, other businesses too are gearing up for the next phase of growth, says RPG Enterprises Chairman Harsh Goenka: Forbes
• In India, A 158-Year-Old Business Conglomerate, Aditya Birla Group, Forays Into Fashion E-Commerce: Forbes

Japan & Korea

• Season of Scandal Hits Japan With Flurry of Corporate Confession: Bloomberg
• Here’s Why Japanese Investors Have Gone Ga-ga Over That Leveraged ETF: Bloomberg

ASEAN

• Singapore’s score for retirement savings systems takes a step back: BT
• Singapore Set to Suffer Indonesia’s Defaults as Well as Its Smog: Bloomberg
• Myanmar revokes forex licences to control “dollarisation” and increase the value of the ailing kyat currency: Star
• Myanmar’s conglomerates hope to re-engage foreign investment; Big businesses are distancing themselves from areas such as the gem industry to escape US sanctions: FT

Macro

• Legal Industry Learns From Dewey’s Mistakes; Firms have reduced their reliance on debt and stopped offering large pay promises: WSJ
• Flash crashes, debt default and panic selling haunt IMF: BT
• What the Dell-EMC and Anheuser Busch InBev-SAB Miller Megadeals Have in Common; Megamergers will depend on huge amounts of debt: Barron’s
• Markets and central banks forever linked; The volatility is not over yet: FT
• Hedge Funds are Bringing Back Everyone’s Least Favorite Toxic Investment: Bloomberg
• Among investors, emerging markets are out of fashion; Emerging-market assets may fall more before turning chic once again: Economist

Energy & Commodities

• For Hedge Funds, a Can’t-Miss Trade Goes Bust; ‘Hot money’ gets burned after hedge-fund and private-equity managers are caught in crude oil’s fall: WSJ
• OPEC Brings Oil Price War Home in Pursuit of Asia’s Cash: Bloomberg

Healthcare

• Why Valeant’s Growth Is Under Pressure; After years of outperformance driven by serial acquisitions and an ability to buy drugs and ratchet up their selling price, Valeant’s stock is down more than 35% : WSJ
• Drug Makers Sidestep Barriers on Pricing; Use of mail-order specialty pharmacies seems to be a new way for drug makers to try to keep the health system paying for high-priced drugs. NYT

TMT

• Amazon and New York Times battle publicly over story’s accuracy; Two months after a damning New York Times story about Amazon’s corporate culture, the retailer has published a blistering response, accusing the paper of misrepresenting the company: CNN
• Mis-selling fears hamper funds’ fintech revolution: Reuters
• Apple’s auto ambitions sideswipe electric motorcycle startup: Reuters
• Warning sign: Tech companies of all sizes and ages are starting to have layoffs: BI
• Tim Cook: Apple Music has 6.5 million paid subscribers: BI
• One phrase that perfectly captures Amazon’s crazy obsession with numbers: BI
• Rocket Internet: Waiting for lift-off; Investors worry that even the proven winners of the German ecommerce group struggle for profitability: FT
• Tech Bubble Pops: Dropbox Warned It Can’t IPO At Its “Private Valuation”: zh, WSJ
• CNN launches “Great Big Story,” its answer to “VICE” and “Buzzfeed”; The network, launching on October 20, will focus on shareable stories and integrated advertising.: FastCo
• Online travel firms: As Amazon retreats from the travel business, TripAdvisor steps up: Economist

Consumer & Others

• Middleby Chases Fame in the Kitchen; Commercial food-processing equipment supplier is pursuing a new market with upscale household brands: WSJ
• Victoria’s Secret has one huge advantage over its independent competitors: BI