Morning Bamboo Insight: 30 Sep 2014

Morning Bamboo Insight: 30 Sep 2014

Macro

1. Economics needs to reflect a post-crisis world; The dismal science should be grounded in reality to stay relevant

http://www.ft.com/intl/cms/s/0/f9f65e88-44a3-11e4-ab0c-00144feabdc0.html#axzz3EUQLj0VS

2. Investor groups urge nominee rethink

http://www.ft.com/intl/cms/s/0/3c6e8e3a-43db-11e4-baa7-00144feabdc0.html#axzz3EUQLj0VS

3. Modern realities are increasing the discomfort of the comfortably off; The last time similarly privileged people felt such fear was a century ago

http://www.ft.com/intl/cms/s/0/74726658-4403-11e4-baa7-00144feabdc0.html#axzz3EUQLj0VS

4. Testing times loom for emerging markets; Not all developing economies are ready for higher interest rates

http://www.ft.com/intl/cms/s/0/31cdf0be-4571-11e4-ab86-00144feabdc0.html#axzz3EUQLj0VS

Asia Pacific

1. Analysis: Chinese Central Banker’s Departure Wouldn’t Necessarily Signal Policy Shift

http://blogs.wsj.com/economics/2014/09/24/analysis-chinese-central-bankers-departure-wouldnt-necessarily-signal-policy-shift/

2. (China) – ETFs related to China’s A shares become hot targets

http://www.chinapost.com.tw/print/418210.htm

3. (China) – From Zong Qinghou to Jack Ma, Zhejiang excels at the hard sell

http://www.wantchinatimes.com/news-subclass-cnt.aspx?id=20140927000074&cid=1102

4. (Philippines) – Universal expects one-year delay in launch of $2 bln Manila casino-resort

http://www.reuters.com/article/2014/09/26/philippines-universal-ent-casino-idUSL3N0RR17Z20140926

5. (Spore) – S’pore property outlook challenging until 2020: report

http://www.propertyguru.com.sg/property-management-news/2014/9/65493/s-pore-property-outlook-challenging-until-2020-rep

6. (Spore) – Luck running out for Singapore’s two casinos?

http://news.asiaone.com/print/news/singapore/luck-running-out-singapores-two-casinos

7. (Isia) – After nearly 12 years of uncertainty, the process of unification of state estate enterprises under one holding company has made a big step forward in Indonesia

http://www.thejakartapost.com/news/2014/09/27/other-opinions-the-long-awaited-restructuring.html

8. (Msia) – Food trucks start to gain traction in the Klang Valley

http://www.thestar.com.my/Business/SME/2014/09/26/My-restaurant-has-a-handbrake-Food-trucks-start-to-gain-traction-in-the-Klang-Valley/?style=biz

9. (China/HK) – China, Hong Kong Reveal New Rules on Stock Market Link; Stock Connect Program Will Allow Chinese Investors to Buy Hong Kong-Listed Stocks For First Time

http://online.wsj.com/articles/china-hong-kong-reveal-new-rules-on-stock-market-link-1411807815

1. (Korea) – Jeju aims for high-tech future

http://business.asiaone.com/print/news/jeju-aims-high-tech-future

1. Msia/Spore) – Iskandar launches hit by delays; Launches by Singapore property players in the Iskandar Malaysia development zone appear to have stalled amid a subdued market.

http://business.asiaone.com/print/news/iskandar-launches-hit-delays

Life

1. Minority languages: Cookies, caches and cows; Translating technological terms throws up some peculiar challenges

http://www.economist.com/news/international/21620221-translating-technological-terms-throws-up-some-peculiar-challenges-cookies-caches-and-cows

2. 7 Simple Ways To Expand Your Thinking And Find Original Ideas

http://www.businessinsider.sg/how-to-broaden-your-thinking-find-ideas-2014-9/#.VCZQ0_mSyCk

3. Here’s What Google Teaches Employees In Its Course On Unconscious Bias

http://www.businessinsider.sg/google-course-on-unconscious-bias-2014-9/#.VCZP1fmSyCk

4. 10 Must-Read Books On Happiness Summarized In One Sentence Each

http://www.businessinsider.sg/must-read-books-on-happiness-2014-9/#.VCZO-vmSyCk

5. How Multitasking Reshapes Your Brain To Be Constantly Distracted

http://www.businessinsider.sg/multitasking-changes-your-brain-2014-9/#.VCZO4_mSyCk

6. 如果孔子在今天

http://opinion.huanqiu.com/culture/2014-09/5153476.html

7. The practice of practicing

http://blogs.telegraph.co.uk/culture/stephenhough/100070997/the-practice-of-practising/

8. The secret world of the Dunkin’ Donuts franchise kings

http://www.bostonglobe.com/magazine/2014/09/17/the-secret-world-dunkin-donuts-franchise-kings/pb2UmxauJrZv08wcBig6CO/story.html

9. Harper Lee on Reading and Loving Books

http://www.farnamstreetblog.com/2014/09/harper-lee-on-reading/

1. What If? Serious Scientific Answers to Absurd Hypothetical Questions

http://www.farnamstreetblog.com/2014/09/what-if-serious-scientific-answers-to-absurd-hypothetical-questions/

1. The Cult Deficit; every transformative business enterprise, every radical political movement, every truly innovative project contains some cultish elements and impulses

http://www.nytimes.com/2014/09/28/opinion/sunday/ross-douthat-the-cult-deficit.html?emc=edit_th_20140928&nl=todaysheadlines&nlid=36114517&_r=0

2. Tips From a Hedge Fund That Bets Big in Tough Situations; The managers of the Latigo Ultra Fund look for ways to profit from business events, many of them adverse like American Airlines’ bankruptcy.

http://online.barrons.com/news/articles/SB52133021052493823286804580160083951766838?mod=BOL_hp_mag

TMT

1. (Tech/Healthcare) – Apple’s HealthKit Ecosystem Is Finally Working

http://www.businessinsider.sg/apples-healthkit-ecosystem-is-working-2014-9/#.VCZQlvmSyCk

2. Top Investor Explains Why VCs Throw Tons Of Money At ‘Reckless Founders At Out-Of-Control Startups’

http://www.businessinsider.sg/andreessen-on-investing-in-reckless-startups-and-founders-2014-9/#.VCZPFvmSyCk

3. This Explains Why Samsung Has Twice The Number Of Engineers That Google Has, Yet It Still Relies On Android

http://www.businessinsider.sg/samsung-has-twice-the-number-of-engineers-that-google-has-2014-9/#.VCZOZfmSyCk

4. (Japan/Tech) – SoftBank in talks to buy DreamWorks Animation

http://www.ft.com/intl/cms/s/0/e5f624f4-46bf-11e4-8820-00144feab7de.html#axzz3Ea5WTadL

5. Giving Away Software to Make It More Valuable; Continuuity, a big-data start-up that spent three years developing data-analysis software, is donating it to the world as open source, and big business is taking notice.

http://bits.blogs.nytimes.com/2014/09/27/more-open-source-for-big-data/?_php=true&_type=blogs&ref=technology&_r=0

6. Brave New Phone Call: Ray Ozzie’s new app Talko hopes to give people their voices back

https://medium.com/@stevenlevy/brave-new-phone-call-f4064a4e720f

7. (Taiwan/Tech) – TSMC to get 84% share of global tech market

http://www.chinapost.com.tw/print/418220.htm

8. (China/Tech) – Matrix Partners China co-founder David Zhang recently stirred heated discussion among Chinese investors with his forecast that investments in internet firms will wind down

http://www.wantchinatimes.com/news-subclass-cnt.aspx?id=20140928000006&cid=1202

9. (China/Tech) – Tencent is game for global growth

http://fortune.com/2014/09/26/tencent/

1. (Tech) – Why digital marketers should be excited about Apple Pay

http://fortune.com/2014/09/26/digital-marketing-apple-pay/

1. The Blitz of Unstructured Data; Pulled together the right way, unstructured data can spot a terrorist or spotlight a new product people will want.

http://online.wsj.com/ad/article/narratives_brocade_67186.html?prx_t=NZQBA0a4BAgu8DA

Consumer

1. Investigation into Tesco’s £250m profit shortfall unearths ‘corruption’ of culture

http://www.telegraph.co.uk/finance/newsbysector/epic/tsco/11125723/Tesco-could-be-forced-to-restate-accounts.html

2. Why companies repudiate their own products

http://fortune.com/2014/09/26/soda-food-marketing/

Healthcare

1. Why We Don’t Have A Cure For The Common Cold

http://www.businessinsider.sg/how-to-cure-a-cold-2014-9/#.VCZQ6fmSyCk

Morning Bamboo Insight: 27 Sep 2014

Morning Bamboo Insight: 27 Sep 2014

Macro

1. Goldilocks nationalism: The size and homogeneity of a country’s population has a big bearing on its economic policies

http://www.economist.com/news/finance-and-economics/21620204-size-and-homogeneity-countrys-population-has-big-bearing-its-economic

2. The future of banking: You’re boring. Get used to it; Big banks have changed a lot, but there is more restructuring to come

http://www.economist.com/news/leaders/21620201-big-banks-have-changed-lot-there-more-restructuring-come-youre-boring-get-used

Asia Pacific

1. (China) – China’s communist party expels senior internet regulator for graft

http://www.reuters.com/article/2014/09/26/us-china-corruption-idUSKCN0HL11M20140926

2. (India) – India’s economy: Reform à la Modi; The new government’s modest policies will not bring back 9% growth

http://www.economist.com/news/finance-and-economics/21620231-new-governments-modest-policies-will-not-bring-back-9-growth-reform-la-modi

3. (China) – Investing in Chinese shares: Rickety rails; A new tie-up opens Shanghai’s stockmarket to foreigners

http://www.economist.com/news/finance-and-economics/21620233-new-tie-up-opens-shanghais-stockmarket-foreigners-rickety-rails

4. (Japan) – Gambling in Japan: Legal gambling and changing tastes threaten the huge pachinko business

http://www.economist.com/news/business/21620248-legal-gambling-and-changing-tastes-threaten-huge-pachinko-business-balls-air

5. (Korea) – Taxing corporate cash: A tempting target; South Korea’s government tries to get firms to spend their accumulated riches

http://www.economist.com/news/finance-and-economics/21620287-south-koreas-government-tries-get-firms-spend-their-accumulated-riches

6. (India) – India in space: MOMs are from Mars; A giant step for national pride

http://www.economist.com/news/asia/21620254-giant-step-national-pride-moms-are-mars

7. (India) – India’s ruling party: Floating high; The ruling Bharatiya Janata Party eyes a new round of electoral gains

http://www.economist.com/news/asia/21620251-ruling-bharatiya-janata-party-eyes-new-round-electoral-gains-floating-high

8. (Asia) – Corporate saving in Asia: A $2.5 trillion problem; Japanese and South Korean firms are the world’s biggest cash-hoarders. This hurts their economies

http://www.economist.com/news/leaders/21620203-japanese-and-south-korean-firms-are-worlds-biggest-cash-hoarders-hurts-their

9. (China) – China’s water crisis: Grand new canals; Vast new waterways will not solve China’s desperate water shortages

http://www.economist.com/news/leaders/21620202-vast-new-waterways-will-not-solve-chinas-desperate-water-shortages-grand-new-canals

1. (Korea) – South Korea embezzlement probe of Kumho Asiana highlights governance woes

http://www.ft.com/intl/cms/s/0/25ecc192-4492-11e4-ab0c-00144feabdc0.html#axzz3EOrJvHPA

1. (China) – Shaolin Temple kicks out at administration over ticket revenue

http://www.wantchinatimes.com/news-subclass-cnt.aspx?id=20140926000020&cid=1103

Life

1. The Show-Off Society; Has there been an explosion of elite ostentation? If so, does it reflect moral decline, or a change in circumstances?

http://www.nytimes.com/2014/09/26/opinion/paul-krugman-the-show-off-society.html?emc=edit_th_20140926&nl=todaysheadlines&nlid=36114517

2. The arduous work of imposing order is critical to success in any realm, from the international state system to one’s own mind

http://www.nytimes.com/2014/09/26/opinion/david-brooks-routine-creativity-and-president-obamas-un-speech.html?emc=edit_th_20140926&nl=todaysheadlines&nlid=36114517&_r=0

3. Scrambled signals: Did financial journalists fail to spot the crisis?

http://www.economist.com.libproxy.smu.edu.sg/news/finance-and-economics/21620232-did-financial-journalists-fail-spot-crisis-scrambled-signals

4. The look of a leader: Getting to the top is as much to do with how you look as what you achieve

http://www.economist.com/news/business/21620197-getting-top-much-do-how-you-look-what-you-achieve-look-leader

5. Human evolution: Fireside tales; The invention of fire may explain the preference for evening entertainment

http://www.economist.com/news/science-and-technology/21620048-invention-fire-may-explain-preference-evening

6. Scientific publishing: Changes that will bring scientific discovery more freely into the public domain are happening. About time too

http://www.economist.com/news/science-and-technology/21620051-changes-will-bring-scientific-discovery-more-freely-public-domain

7. A Billionaire Facebook Co-Founder’s Guide To Becoming An Awesome Entrepreneur

http://www.businessinsider.sg/dustin-moskovitzs-startup-advice-deck-2014-9/#.VCUIvfmSyCk

http://tech.genius.com/Sam-altman-lecture-1-how-to-start-a-startup-annotated

8. How Tory Burch Built A $3.5 Billion Company In Less Than A Decade

http://www.businessinsider.sg/tory-burch-success-story-2014-9/#.VCUH5_mSyCk

9. How to market brand Beyoncé; The R&B megastar is fond of risky commercial decisions

http://www.ft.com/intl/cms/s/2/9ebce5a6-43d0-11e4-8abd-00144feabdc0.html#axzz3EOrJvHPA

1. China: Restaurant ‘sold opium-laced noodles’ in an apparent effort to keep customers coming back

http://www.bbc.com/news/blogs-news-from-elsewhere-29312562?print=true

TMT

1. Decrypting Google: Don’t be modest; The search giant shares some of its business methods

http://www.economist.com/news/books-and-arts/21620056-search-giant-shares-some-its-business-methods-dont-be-modest

2. Oracle’s boss resigns: Transition, not succession; Larry Ellison’s job swap is only the start of a big transition at the firm he founded

http://www.economist.com/news/business/21620196-larry-ellisons-job-swap-only-start-big-transition-firm-he-founded-transition

3. US media mergers have dried up but Univision may be on the cards

http://www.ft.com/intl/cms/s/0/b00eac04-4498-11e4-bce8-00144feabdc0.html#axzz3EOrJvHPA

4. Peter Thiel: Robots are our saviours, not the enemy; The alternative is a world in which wages fall and prices rise

http://www.ft.com/intl/cms/s/0/db02d75c-4400-11e4-baa7-00144feabdc0.html#axzz3EOrJvHPA

5. (China/Tech) – E-commerce supply chain platform CCIG Mall brings Italian products to China

http://www.wantchinatimes.com/news-subclass-cnt.aspx?id=20140926000045&cid=1202

Consumer

Healthcare

1. (Healthcare/Tech) – Market for Online Sales of Prescription Drugs Grows in Fits and Starts

http://english.caixin.com/2014-09-25/100732994.html

Investing Process

1. The Securities and Exchange Commission has charged a Silicon Valley software company and two former executives in an accounting fraud where timesheets were falsified to hit quarterly financial targets.

http://www.accountingtoday.com/news/accounting-news/silicon-valley-co-charged-in-accounting-fraud-72103-1.html

Commodities

Energy

1. Oil majors’ R&D into conventional and renewable energy at risk; The companies that own the world’s most powerful supercomputers for commercial use are not in the information technology industry, neither in biotech nor even finance.

http://www.ft.com/intl/cms/s/0/c69618a0-4050-11e4-a343-00144feabdc0.html#axzz3EOrJvHPA

Morning Bamboo Insight: 26 Sep 2014

Morning Bamboo Insight: 26 Sep 2014

Macro

1. Former GM Product Czar Says Tesla Is ‘Grossly Overvalued’

http://www.businessinsider.sg/former-gm-product-czar-bob-lutz-says-tesla-is-grossly-overvalued-2014-9/#.VCO5xvmSyCk

2. Property: Land of opportunity; To its advocates, land value tax has almost magical powers. Has its moment finally come?

http://www.ft.com/intl/cms/s/0/c92e084a-4300-11e4-8a43-00144feabdc0.html#axzz3EIwi0OhO

3. We have to hope smart beta is not another example of dumb alpha

http://www.ft.com/intl/cms/s/2/e1ed6bd6-382a-11e4-a687-00144feabdc0.html#axzz3EIwi0OhO

4. After nearly a decade, the NYFSE’s comeback is finally complete. (Suck it, NASDAQ)

http://pando.com/2014/09/23/after-nearly-a-decade-the-nyfses-come-back-is-finally-complete-suck-it-nasdaq/

5. 2 & 20 is Dead – 1 & 15 is on the Way Out in Hedge Funds..

http://pragcap.com/2-20-is-dead-1-15-is-on-the-way-out

Asia Pacific

1. (Viet) – Vietnam Growth Worst Since 1980s Seen on Credit Crunch: Economy

http://www.bloomberg.com/news/print/2014-09-24/vietnam-growth-worst-since-1980s-opening-as-credit-crunch-hits.html

2. (Korea) – Korea’s Wealth Fund Doubling Staff to Pick Buffett-Style Stocks

http://www.bloomberg.com/news/print/2014-09-25/korea-s-wealth-fund-doubling-staff-to-pick-buffett-style-stocks.html

3. (India) – Sugar Turns Bitter for India Mills as Losses Increase

http://www.bloomberg.com/news/print/2014-09-24/sugar-turns-bitter-for-india-mills-as-losses-increase.html

4. (Japan) – Yen Befuddles as Kuroda-Inspired Selloff Accelerates: Currencies

http://www.bloomberg.com/news/print/2014-09-24/yen-befuddles-as-kuroda-inspired-selloff-accelerates-currencies.html

5. (China) – China Watchdog Finds $10 Billion in Fake Currency Trade

http://www.bloomberg.com/news/print/2014-09-25/china-foreign-exchange-watchdog-finds-10-billion-in-fake-trade.html

6. (India) – India Supreme Court confirms cancellation of coal licences

http://www.ft.com/intl/cms/s/0/c96d9e30-43d0-11e4-8abd-00144feabdc0.html#axzz3EJ1IMQtF

http://online.wsj.com/articles/indias-supreme-court-cancels-most-coal-licenses-given-since-1993-1411552912

7. (Asia) – Corporate policing in Asia has improved even as companies’ own governance has slowed, according to a study that names Japan as the most-improved market while South Korean groups’ standards have deteriorated.

http://www.ft.com/intl/cms/s/0/f70e3366-4459-11e4-baa7-00144feabdc0.html#axzz3EJ1IMQtF

8. (Isia) – Widodo seeks to pin old Jakarta on to the tourist map

http://www.ft.com/intl/cms/s/0/674c56d2-3cc9-11e4-9733-00144feabdc0.html#slide0

9. (Asia) – Corruption is messy for business in Asia; Managers have to figure out how to avoid paying bribes – or how to pay without being caught

http://www.ft.com/intl/cms/s/0/598aa4dc-426d-11e4-9818-00144feabdc0.html#axzz3EIwi0OhO

1. (India) – These numbers capture India’s historic and incredibly frugal Mars mission

http://qz.com/270270/these-numbers-capture-indias-historic-and-incredibly-frugal-mars-mission/

Life

1. Trust Me, Trust Me Not; when to – when not to – believe what others say from The Power of Noticing by Max Bazerman

http://www.strategy-business.com/article/ac00063?gko=efb9e&cid=BL20140925&utm_campaign=BL20140925

2. How Uber CEO Travis Kalanick Went From A Startup Failure To One Of The Hottest Names In Silicon Valley

http://www.businessinsider.sg/uber-ceo-travis-kalanicks-success-story-2014-9/#.VCO6pvmSyCk

3. 26 Quotes On Getting Ahead From The World’s Hottest CEOs

http://www.businessinsider.sg/quotes-on-getting-ahead-from-hottest-ceos-2014-9/#.VCO6l_mSyCk

4. 12 Teddy Roosevelt Quotes On Courage, Leadership, And Success

http://www.businessinsider.sg/teddy-roosevelt-quotes-2014-9/#.VCO6WPmSyCk

5. Shortlist unveiled for FT and McKinsey Business Book of the Year

http://www.ft.com/intl/cms/s/0/f8009f8e-43ff-11e4-8abd-00144feabdc0.html#axzz3EJ1IMQtF

6. Review: ‘Leading The Life You Want’ by Stew Friedman

http://www.ft.com/intl/cms/s/0/7017ab04-429b-11e4-9818-00144feabdc0.html#axzz3EIwi0OhO

7. The Intuitive Investor: Non-Attachment Is the Key Intuition Skill

http://blogs.cfainstitute.org/investor/2014/09/24/the-intuitive-investor-non-attachment-is-the-key-intuition-skill/

TMT

1. (China/Tech) – Shorting Alibaba Costs 7% to Borrow Shares After IPO

http://www.bloomberg.com/news/print/2014-09-24/shorting-alibaba-costs-7-to-borrow-shares-after-ipo.html

2. Apple’s Manufacturing Costs Reveal The Profits It Will Make On iPhone 6; You’re paying a whole lot more for iPhone 6 Plus even though it doesn’t cost Apple that much more to make it

http://www.businessinsider.sg/analysis-iphone-6-plus-costs-prices-and-profits-2014-9/#.VCO7vvmSyCk

3. Here Are The Next Three Industries Apple Is Likely To Reinvent

http://www.businessinsider.sg/three-products-apple-is-likely-to-make-2014-9/#.VCO7QPmSyCk

4. The Guy Who Turned Down $500 Million For His Startup Just Landed $1 Billion Valuation; Qualtrics lets companies perform sophisticated employee and customer surveys in the cloud

http://www.businessinsider.sg/qualtrics-becomes-1-billion-business-2014-9/#.VCO5V_mSyCk

5. Rocket Internet: red glare; Lots of good things, and nothing but losses

http://www.ft.com/intl/cms/s/3/80bab180-438c-11e4-be3f-00144feabdc0.html#axzz3EJ1IMQtF

6. MailOnline and the next page for the ‘sidebar of shame’; Martin Clarke has made the MailOnline site a traffic magnet

http://www.ft.com/intl/cms/s/0/cf2e53d2-425e-11e4-a9f4-00144feabdc0.html#axzz3EIwi0OhO

7. (Isia/Tech) – Indonesia’s Telkom set to build 20 “Digital Valleys”

http://e27.co/indonesias-telkom-set-to-build-20-digital-valleys-20140919-2/

Consumer

1. (Japan/Consumer) – Domino’s Revamps Pizza Menus to Win Japan’s Working Women

http://www.bloomberg.com/news/print/2014-09-24/domino-s-revamps-pizza-menus-to-win-japan-s-working-women.html

2. (Consumer) – Tesco May Be Cut to Junk on Overstated Profit Forecast, S&P Says

http://www.bloomberg.com/news/print/2014-09-24/tesco-may-be-cut-to-junk-on-overstated-profit-forecast-s-p-says.html

3. (Consumer/Japan) – 12 Reasons Why Eating At KFC Japan Is Completely Different Than It Is In The US

http://www.businessinsider.sg/kfc-japan-vs-america-2014-9/#.VCO6E_mSyCk

4. United Biscuits shortlists potential buyers including Kellogg’s

http://www.ft.com/intl/cms/s/0/822c9be0-440a-11e4-baa7-00144feabdc0.html#axzz3EJ1IMQtF

Evening Bamboo Insight: 25 Sep 2014

Evening Bamboo Insight: 25 Sep 2014

Macro

1. Aircraft lessors wary as new rivals crowd into aviation

http://www.reuters.com/article/2014/09/24/us-airlines-financing-idUSKCN0HJ06R20140924?feedType=RSS&feedName=businessNews

2. Let there be bubbles! Declining capex may be a key aspect of secular decline, which began in advanced economies and is now spreading to emerging markets

http://ftalphaville.ft.com/2014/09/23/1980442/let-there-be-bubbles/

3. Latin American brands gain ground on global names

http://www.ft.com/intl/cms/s/0/94296020-1eef-11e4-9d7d-00144feabdc0.html#axzz3EE4l5liN

4. Low-cost airlines face a bumpier ride on long-haul routes; It will be hard to replicate short-haul success on longer routes, even though barriers have fallen

http://www.ft.com/intl/cms/s/2/31a382d4-f6f2-11e3-8ed6-00144feabdc0.html#axzz3EE29cMPA

5. Hamburg: Germany’s start-up alternative to Berlin

http://www.ft.com/intl/cms/s/0/46b99722-424b-11e4-9818-00144feabdc0.html#axzz3EE29cMPA

6. Wanted: real reforms to sustain growth in emerging markets

http://www.ft.com/intl/cms/s/0/5ab958e4-3fe8-11e4-a381-00144feabdc0.html#axzz3EDzjBsMZ

7. Germany’s Economic Mirage

http://www.project-syndicate.org/print/philippe-legrain-pokes-large-holes-in-the-myth-of-german-success

Asia Pacific

1. (Korea) – Crisis time at Hyundai Heavy

http://koreajoongangdaily.joins.com/news/article/article.aspx?aid=2995275

2. (Korea) – South Korea regulator appeals for private equity investment

http://www.ft.com/intl/cms/s/0/ebf5ccac-3e3a-11e4-b7fc-00144feabdc0.html#axzz3EE29cMPA

3. (Isia) – Indonesia looks to retail investors of the future

http://www.ft.com/intl/cms/s/0/1df5c6ae-430d-11e4-9a58-00144feabdc0.html#axzz3EDzjBsMZ

4. (Australia) – Australia’s 8th richest person Harry Triguboff is now its biggest builder

http://www.brw.com.au/p/business/australia_builder_richest_person_1NjblDzo5cESqIbl8WGRPM

5. (China) – China’s Search For Technology, Returns Leads To Growing VC Investment In Israel

http://www.forbes.com/sites/russellflannery/2014/09/23/chinas-search-for-technology-returns-leads-to-growing-vc-investment-in-israel/print/

6. (India) – What India Could Learn from Alibaba

http://www.forbes.com/sites/anaswanson/2014/09/23/what-india-could-learn-from-alibaba/print/

7. (Korea) – In the name of ‘gwanchi’ or government control on banks and nonbank financial institutions. Gwanchi has been too deeply-entrenched to be eliminated in the banking sector

http://www.koreatimes.co.kr/www/news/opinon/2014/09/164_165152.html

8. (HK) – Hong Kong’s de facto central bank warned yesterday that the city’s lenders might face “very high” risks from rising interest rates, which will threaten to drain liquidity at a time when banks have heavy loan commitments.

http://www.thestandard.com.hk/news_detail.asp?we_cat=2&art_id=149790&sid=43040218&con_type=1&d_str=20140924&fc=4

9. (Korea) – CJ vice president quits after being indicted on tax evasion charges

http://www.koreatimes.co.kr/www/news/biz/2014/09/123_165085.html

1. (Spore) – SGX must overcome market’s cynicism and skepticism

http://www.businesstimes.com.sg/premium/companies/others/sgx-must-overcome-markets-cynicism-and-scepticism-20140924

Life

1. 5 Ways to Stay Motivated Even When You Really, Really Don’t Want To

http://www.fastcompany.com/3036120/hit-the-ground-running/5-non-bs-ways-to-find-your-lost-motivation

2. Terminate The Terminator: Hack Your Emotional Intelligence And Control Your Future

http://www.forbes.com/sites/ericschiffer/2014/09/15/terminate-the-terminator-hack-your-emotional-intelligence-and-control-your-future/print/

3. Measure for Measure: When Quantitative Meets Qualitative; Leadership, collaboration and trust are soft measures that translate into ‘hard’ results

http://forbesindia.com/printcontent/38635

4. OCBC CEO: The evolving role of a bank CEO; Under ‘New Normal’ operating environment, CEOs need new attributes as they have to deal with many more areas

http://www.businesstimes.com.sg/premium/editorial-opinion/opinion/evolving-role-bank-ceo-20140924

http://www.businesstimes.com.sg/premium/top-stories/bank-ceos-have-juggle-smart-says-ocbc-chief-20140924

TMT

1. (China/Tech) – CHART OF THE DAY: People Spend Over $9,000 On Alibaba Every Second?

http://www.businessinsider.sg/chart-of-the-day-people-spend-over-9000-on-alibaba-every-second-2014-9/#.VCKbkfmSyCk

2. Tech bubble or no tech bubble?

http://ftalphaville.ft.com/2014/09/24/1979322/tech-bubble-or-no-tech-bubble/

3. (India/Tech) – Yahoo acquires Bangalore startup, sparking excitement all around

http://qz.com/269199/yahoo-said-to-have-acquired-bangalore-startup-sparking-excitement-all-around/

4. Africa’s MTN reinvents itself via music; Mobile operator seeks to transform itself into content provider

http://www.ft.com/cms/s/0/8ccde890-3e4e-11e4-a620-00144feabdc0.html#axzz3EE4l5liN

5. Arm launches latest chip to power the internet of things

http://www.ft.com/intl/cms/s/0/46b08ff2-4321-11e4-8a43-00144feabdc0.html#axzz3EE29cMPA

6. (China/Tech) – WPP partners with Chinese ecommerce company Polestar

http://www.ft.com/intl/cms/s/0/55f7fec8-4312-11e4-8a43-00144feabdc0.html#axzz3EDzjBsMZ

7. (Spore/Tech) – Will KungfuMath help Singaporean students love the subject?

http://e27.co/will-kungfumath-help-singaporean-students-love-the-subject-20140924/

8. Several websites and apps are transforming the way that players and coaches practice, scout other teams and analyze their own performance.

http://www.nytimes.com/2014/09/24/technology/high-school-football-gets-its-own-technological-revolution.html?ref=technology

9. Where Profit Margins Are Hefty, Online Upstarts Muscle In

http://www.nytimes.com/2014/09/24/technology/24shave.html?ref=business&_r=0

1. (China/Tech) – 3D printing making inroads in China

http://www.wantchinatimes.com/news-subclass-cnt.aspx?id=20140924000095&cid=1204

Consumer

1. Tesco’s board is seriously lacking in retail experience; General business skills are not nearly enough

http://www.ft.com/cms/s/0/2c0f73a2-4245-11e4-9818-00144feabdc0.html#axzz3EE29cMPA

http://www.ft.com/intl/cms/s/0/42403074-3fe0-11e4-a381-00144feabdc0.html#axzz3EDzjBsMZ

Morning Bamboo Insight: 20 Sep 2014

Morning Bamboo Insight: 20 Sep 2014

Macro

1. The Accidental Billionaire Activists; From Russia to Argentina, the ultra-wealthy sometimes inadvertently strike a blow for liberty and the rule of law.

http://online.wsj.com/articles/romain-hatchuel-the-accidental-billionaire-activists-1411081115

2. Bridgewater Asssociates Launches New Strategy For First Time In 18 Years

http://www.valuewalk.com/2014/09/bridgewater-asssociates-new-strategy

Asia Pacific

1. (Thai) – The Stock Exchange of Thailand has discussed with the Securities and Exchange Commission ways to control overheating of stock prices and their irregular movement, and the rapid gains of IPO shares of listed companies

http://www.nationmultimedia.com/business/SET-SEC-watch-for-overheating-30243624.html

2. (India) – Reining in Goat Funds to Curtail Fraud in India

http://www.businessweek.com/printer/articles/226310-reining-in-goat-funds-to-curtail-fraud-in-india

3. (Japan) – Nuclear Power-less Japan Must Pay for Fuel Imports in Weak Yen

http://www.businessweek.com/printer/articles/226352-nuclear-power-less-japan-must-pay-for-fuel-imports-in-weak-yen

4. (Isia) – Indonesia to hike subsidised fuel price to cut budget deficit

http://uk.reuters.com/article/2014/09/18/indonesia-fuel-subsidies-idUKL3N0RJ2D620140918

5. (Spore) – A regulatory body separate from SGX?

http://www.businesstimes.com.sg/premium/companies/others/regulatory-body-separate-sgx-20140919

6. (Spore/China) – S’pore seriously considering third China park project; It will focus on connectivity and modern services

http://www.businesstimes.com.sg/premium/top-stories/spore-seriously-considering-third-china-park-project-20140919

7. (Japan) – Leading Japanese entrepreneurs race to burnish global image

http://www.businesstimes.com.sg/premium/world/leading-japanese-entrepreneurs-race-burnish-global-image-20140919

8. Abe in WSJ op-ed: The Next Stage of Abenomics Is Coming; Make no mistake, Japan will emerge from economic contraction and carry out needed structural reforms.

http://online.wsj.com/articles/shinzo-abe-the-next-stage-of-abenomics-is-coming-1411080939

9. (China) – China’s Housing Slump Accelerates, Worst In Over Three Years

http://www.zerohedge.com/news/2014-09-18/chinas-housing-slump-accelerates-worst-over-three-years

1. (Japan) – Bullish on Japanese Small-Caps

http://www.roycefunds.com/insights/2014/09/bullish-japanese-small-caps

Life

1. Ken Burns on “The Roosevelts” and American Leadership

http://blogs.hbr.org/2014/09/ken-burns-on-the-roosevelts-and-american-leadership/

2. Better Teachers Receive Worse Student Evaluations

http://blogs.hbr.org/2014/09/better-teachers-receive-worse-student-evaluations/

3. IBM CEO Ginny Rometty on leadership, challenges, and reinvention

http://fortune.com/2014/09/18/ibm-ceo-ginny-rometty-on-leadership-challenges-and-reinvention/

4. The Glock Family Feud: Founder’s Ex-Wife and Kids Speak Out for the First Time

http://www.businessweek.com/printer/articles/225934-the-glock-family-feud-founders-ex-wife-and-kids-speak-out-for-the-first-time

4. Where some see forests, others see distinct trees; The varying world views of culturally mixed groups raises implications for managing them

http://www.businesstimes.com.sg/premium/editorial-opinion/opinion/where-some-see-forests-others-see-distinct-trees-20140919

5. Looking for a disruptive edge; Singapore companies must look beyond just new technologies and products to come up with disruptive innovations that will achieve game-changing performance

http://www.businesstimes.com.sg/premium/companies/others/looking-disruptive-edge-20140919

http://www.businesstimes.com.sg/premium/companies/others/fostering-business-model-innovation-20140919

6. Singapore’s pioneer generation card is overhyped. Medical bill of $76 gives $3.20 discount

http://forums.hardwarezone.com.sg/eat-drink-man-woman-16/pioneer-generation-card-overhyped-4808333.html

7. Strange photo of Lee Kuan Yew’s birthday on ST …

http://forums.asiaone.com/showthread.php?t=72780#1

TMT

1. IBM CEO Ginni Rometty gets past the Big Blues

http://fortune.com/2014/09/18/ginni-rometty-ibm/

2. There’s a Downside to Making Parts for Apple; At least nine publicly traded companies receive more than 40 percent of their revenue from Apple.

http://www.businessweek.com/printer/articles/226338-theres-a-downside-to-making-parts-for-apple

3. Tim Cook Interview: The iPhone 6, the Apple Watch, and Remaking a Company’s Culture

http://www.businessweek.com/printer/articles/226386-tim-cook-interview-the-iphone-6-the-apple-watch-and-remaking-a-companys-culture

4. (China/Tech) – Alibaba’s plan: Today, China. Tomorrow, the world

http://www.thejakartapost.com/news/2014/09/18/alibabas-plan-today-china-tomorrow-world.html

5. (China/Tech) – Alibaba Mania Isn’t Built to Last

http://online.wsj.com/articles/alibaba-mania-isnt-built-to-last-ahead-of-the-tape-1411065709?tesla=y&mg=reno64-wsj&url=http://online.wsj.com/article/SB10772401218227423777504580162171642567534.html

6. (Japan/Tech) – Sony Plans to Turn Game Division into Hub

http://online.wsj.com/articles/sony-plans-to-turn-game-division-into-hub-1411042349

7. Oracle’s Power-Sharing Deal Carries Challenges; Safra Catz, Mark Hurd Inherit From Larry Ellison a Company Beset by Rivals

http://online.wsj.com/articles/the-musk-family-plan-for-transforming-the-worlds-energy-1411055676

8. Status-Seekers and ‘Wantrepreneurs’: Still Far From Thiel’s Tech Utopia

http://blogs.wsj.com/digits/2014/09/18/status-seekers-and-wantrepreneurs-still-far-from-thiels-tech-utopia/?mod=WSJ_hpp_sections_tech

9. (China/Tech) – Alibaba’s Political Risk; The giant IPO is a business triumph, but Beijing’s blessing can be fleeting

http://online.wsj.com/articles/alibabas-political-risk-1411059836

1. (China/Tech) – China’s Tencent Wants to Make Movies (Just Like Everyone Else)

http://blogs.wsj.com/chinarealtime/2014/09/18/chinas-tencent-wants-to-make-movies-just-like-everyone-else/

1. (China/Tech) – With A Market Cap Of $168 Billion, Alibaba Is Bigger Than…

http://www.zerohedge.com/news/2014-09-18/market-cap-168-billion-alibaba-bigger

2. (China/Tech) – How Alibaba’s Tmall and Taobao Affect Overall Results

http://www.valuewalk.com/2014/09/alibabas-tmall-and-taobao

Consumer

1. (Consumer/Tech) – Need Liquor Delivered Now? The Startup World’s Got You Covered

http://www.businessweek.com/printer/articles/226346-need-liquor-delivered-now-the-startup-worlds-got-you-covered

2. Is Your Local Craft Beer From Out of State?

http://www.businessweek.com/printer/articles/226384-is-your-local-craft-beer-from-out-of-state

3. Hair-Care Companies Roll Out More Dry Shampoos

http://www.businessweek.com/printer/articles/226378-hair-care-companies-roll-out-more-dry-shampoos

Investing Process

1. Michael Mauboussin: Lessons from Freestyle Chess, Merging Fundamental and Quant Analysis

http://cdn1.valuewalk.com/wp-content/uploads/2014/09/document-1038113391.pdf

2. Undisclosed Insider Activities at 21Vianet (VNET), Says Trinity

http://www.valuewalk.com/2014/09/undisclosed-insider-activities-21vianet-group-inc-vnet/

Energy

1. The Musk Family Plan for Transforming the World’s Energy; As Cousins and Business Partners, Tesla’s Musk and SolarCity’s Rive Have a Grand Plan for Power Storage

http://online.wsj.com/articles/the-musk-family-plan-for-transforming-the-worlds-energy-1411055676

Evening Bamboo Insight: 18 Sep 2014

Evening Bamboo Insight: 18 Sep 2014

Macro

1. US warns of further insider trading charges

http://www.ft.com/intl/cms/s/0/1ac65c00-3ead-11e4-adef-00144feabdc0.html#axzz3Ddz1FK5T

2. Calpers gives up on the hedge fund dream; A $300bn pension fund cannot make these investments pay

http://www.ft.com/intl/cms/s/0/32537b84-3d8e-11e4-8797-00144feabdc0.html#axzz3Ddz1FK5T

3. Why Germans pay cash for almost everything

http://qz.com/262595/why-germans-pay-cash-for-almost-everything/

4. A case of buyer’s remorse? What went wrong at U.S. Steel Canada

http://business.financialpost.com/2014/09/17/us-steel-canada-stelco/

Asia Pacific

1. (Taiwan) – Taiwan’s GreTai exchange to explore links with Hong Kong, Shanghai

http://www.chinapost.com.tw/print/417489.htm

2. (Korea) – Both POSCO and KT implemented big bath accounting to drive down shares to the lowest level before and after the new CEOs took office while enhancing financial structure through aggressive restructuring plans

http://news.mk.co.kr/english/newsRead.php?sc=30800016&cm=Finance&year=2014&no=1211290&selFlag=sc&relatedcode=&wonNo=&sID=308

3. (Japan) – SoftBank’s Son dethrones Uniqlo’s Yanai as Japan’s richest person

http://www.japantimes.co.jp/news/2014/09/17/business/corporate-business/softbanks-son-dethrones-uniqlos-yanai-as-japans-richest-person/#.VBp0m_mSyCk

4. (Japan) – Sony says it won’t pay a dividend this year for the first time since it listed on the Tokyo Stock Exchange in 1958

http://www.ft.com/intl/cms/s/0/b1fc9c88-3e35-11e4-b7fc-00144feabdc0.html#axzz3Ddz1FK5T

5. (India) – India Inc’s Fund-Finding Mission; A brightened market sentiment and the need to deleverage are driving corporates to use tools such as QIPs to raise funds; this buoyancy is also beginning to show in the slow but sure revival of IPOs

http://forbesindia.com/printcontent/38629

6. (Spore) – The new Creative Productivity Index ranks Laos one spot in front of Singapore

http://www.businesstimes.com.sg/premium/editorial-opinion/editorial/provocative-prod-singapore-20140918

7. (Spore) – SGX details plans for minimum share price

http://www.businesstimes.com.sg/premium/top-stories/sgx-details-plans-minimum-share-price-20140918

8. (China) – China Hunger Inspires Fortescue’s Forrest to Bet on Beef; Andrew ‘Twiggy’ Forrest to Sell Beef to China as Iron-Ore Prices Remain Low

http://online.wsj.com/articles/china-hunger-inspires-fortescues-forrest-to-bet-on-beef-1410929560

9. (Japan) – Sony Turnaround Effort Falters, Expects $2.15 Billion Yearly Loss; Company to Cut Jobs at Mobile Unit, Whose Struggles Led to Impairment Charge

http://online.wsj.com/articles/sony-net-loss-forecast-raised-higher-for-current-fiscal-year-1410935006?tesla=y&mg=reno64-wsj&url=http://online.wsj.com/article/SB10772401218227423777504580159213330112660.html

1. (Philippines) – Philippines Power Crisis: The Battle to Keep the Lights On; The Philippines Faces an Electricity Shortage as the Grid Struggles to Keep Up With Growth

http://online.wsj.com/articles/philippines-power-crisis-the-battle-to-keep-the-lights-on-1410989402?tesla=y&mg=reno64-wsj&url=http://online.wsj.com/article/SB10772401218227423777504580159311522668440.html

Life

1. Your Kindness Is Good for You; Why we could all use a little more self-examination

http://www.psmag.com/navigation/health-and-behavior/kindness-good-76846/

2. The Work Required To Have An Opinion

http://www.farnamstreetblog.com/2013/04/the-work-required-to-have-an-opinion/

3. Hesitate! Quick decision-making might seem bold, but the agony of indecision is your brain’s way of making a better choice

http://aeon.co/magazine/psychology/indecision-is-sometimes-the-best-way-to-decide/

4. Reading: The Struggle

http://www.nybooks.com/blogs/nyrblog/2014/jun/10/reading-struggle/?printpage=true

5. The Time Suck of Collaboration

http://www.farnamstreetblog.com/2014/09/the-time-suck-of-collaboration/

6. The Power of Noticing: What the Best Leaders See

http://www.amazon.com/exec/obidos/ASIN/147670029X

http://www.farnamstreetblog.com/2014/09/the-power-of-noticing-max-bazerman/

7. Artificial sweeteners: Saccharin solution? Sugar substitutes may mess with gut bacteria-causing obesity in the process

http://www.economist.com/news/science-and-technology/21613311-sugar-substitutes-may-mess-gut-bacteriacausing-obesity

8. 12 Quotes That Take You Inside The Mind Of Billionaire Mavs Owner Mark Cuban

http://www.businessinsider.sg/mark-cuban-quotes-2014-9/#.VBqAc_mSyCk

9. This 8-Year-Old Makes $1.3 Million A Year By Posting YouTube Videos

http://www.businessinsider.sg/who-is-evantubehd-2014-9/#.VBp-SPmSyCk

1. The Chief Innovation Officer’s 100-Day Plan

http://blogs.hbr.org/2014/09/the-chief-innovation-officers-100-day-plan/

TMT

1. Peter Thiel: Yahoo And HP Are Not Technology Companies Anymore

http://www.businessinsider.sg/peter-thiel-yahoo-hp-not-tech-firms-2014-9/#.VBp___mSyCk

2. Tim Cook Ripped Apart Google’s Business Model In Two Paragraphs

http://www.businessinsider.sg/tim-cook-privacy-letter-2014-9/#.VBp_dvmSyCk

3. SanDisk looks to grow its commerical business

http://koreajoongangdaily.joins.com/news/article/article.aspx?aid=2995007&cloc=joongangdaily|home|newslist2

4. (China/Tech) – Tencent: The Alibaba That’s Already Listed

http://www.forbes.com/sites/chriswright/2014/09/16/tencent-the-alibaba-thats-already-listed/print/

5. (Taiwan/Tech) – Trickle of Taiwan Tech Income From The iPhone 6

http://www.forbes.com/sites/ralphjennings/2014/09/17/trickle-of-taiwan-tech-income-from-the-iphone-6/print/

6. Creating an Online Marketplace for Tutors and Students

http://www.forbes.com/sites/brucerogers/2014/09/17/creating-an-online-marketplace-for-tutors-and-students/print/

7. (Tech/China/India) – Alibaba in talks with Snapdeal to enter India

http://in.reuters.com/article/2014/09/18/snapdeal-alibaba-idINKBN0HD0AQ20140918

8. Robots Work Their Way Into Small Factories; For as Little $20,000, Machines Handle the Tedious-With No Lunch Breaks; ‘Fred, Hand Me That Wrench’

http://online.wsj.com/articles/robots-work-their-way-into-small-factories-1410979100

Consumer

Healthcare

1. (China/Healthcare) – China Just Gave Foreign Pharmacy Retailers A Big Green Light

http://www.forbes.com/sites/benjaminshobert/2014/09/17/china-just-gave-foreign-pharmacy-retailers-a-big-green-light/print/

Investing Process

1. Is Warren Buffett’s Commentary on Accounting, Governance and Investing Practices Reflected in the Investment Decisions and Subsequent Influence of Berkshire Hathaway?

http://papers.ssrn.com/sol3/papers.cfm?abstract_id=2472125

2. The Mysterious Factor ‘P’: Charlie Munger, Robert Novy-Marx And The Profitability Factor

http://www.forbes.com/sites/phildemuth/2013/06/27/the-mysterious-factor-p-charlie-munger-robert-novy-marx-and-the-profitability-factor/print/

Morning Bamboo Insight: 14 Sep 2014

Morning Bamboo Insight: 14 Sep 2014

Macro

1. The corporate M&A genotype theory

http://ftalphaville.ft.com/2014/09/12/1968512/the-corporate-ma-genotype-theory/

2. Scotland’s fateful choice; The case for union is overwhelming. The path of separation is a fool’s errand; How a Yes would make enemies and alienate peoples

http://www.ft.com/intl/cms/s/2/b5c48254-376e-11e4-bd0a-00144feabdc0.html#axzz3D4kdGbh3

3. The world is saying No to Scottish separation; The Yes campaign has elected to play a cynical, bewildering and finite game of identity politics

http://www.ft.com/intl/cms/s/2/443a23d6-3841-11e4-a687-00144feabdc0.html#axzz3D4kdGbh3

4. Banco Espírito Santo: Family fortunes; Bank chief Ricardo Espírito Santo Salgado faces allegations that his group engaged in a fraud

http://www.ft.com/intl/cms/s/0/a63a4a56-32c0-11e4-93c6-00144feabdc0.html#axzz3D4kdGbh3

5. How important is the financial sector to Scotland’s economy? Scotland has a long, rich history in the financial sector. Money manager Standard Life has had its headquarters in Scotland for 189 years

http://www.bbc.com/news/business-29140457?print=true

6. How Aaron Klein and Riskalyze are Revolutionizing the Industry?

http://www.thereformedbroker.com/2014/09/10/how-aaron-klein-and-riskalyze-are-revolutionizing-the-industry/

7. Corruption Fighter Gooch Tackles Abusive Shell Companies

http://www.bloomberg.com/news/print/2014-09-11/corruption-fighter-gooch-tackles-abusive-shell-companies.html

Asia Pacific

1. (Japan) – Banking group wants access to NPA’s yakuza database

http://www.japantimes.co.jp/news/2014/09/11/business/banking-group-hopes-to-check-info-on-yakuza-via-police-database/#.VBP3b_mSyCk

2. (Korea/China) – Backed by LVMH, Psy producer charts course into China fashion, music

http://www.reuters.com/article/2014/09/12/us-yg-entertainment-china-idUSKBN0H70H720140912

3. (China) – As China Opens Stock Market to Foreign Investors, Bargains Await Risk Takers; Amid Dismal Performance, Country Is Granting Foreigners Direct Access to Mainland Stocks

http://online.wsj.com/articles/as-china-opens-stock-market-to-foreign-investors-bargains-await-risk-takers-1410471001

4. (Asia) – Asia Less Vulnerable to Taper Tantrum, But Risks Remain

http://blogs.wsj.com/economics/2014/09/12/asia-less-vulnerable-to-taper-tantrum-but-risks-remain/

5. (Japan) – Japan is creating jobs but workers do not prosper; Casualisation of the workforce is stifling the reflationary experiment

http://www.ft.com/intl/cms/s/0/ff22e590-374a-11e4-8472-00144feabdc0.html#axzz3D4kdGbh3

6. (China/Japan) – China could be the next Japan: Merrill Lynch analysts

http://www.theage.com.au/business/china/china-could-be-the-next-japan-merrill-lynch-analysts-20140912-10fiqm.html

7. (HK/China) – SFC leads class action against ex-CITIC bosses

http://www.thestandard.com.hk/news_detail.asp?pp_cat=30&art_id=149395&sid=42971247&con_type=1

8. (China) – ‘Energy Delta’ becomes victim of China’s coal price slump

http://www.wantchinatimes.com/news-subclass-cnt.aspx?id=20140911000122&cid=1502

9. (China) – Will herd investors sabotage Hong Kong-Shanghai Stock Connect?

http://www.wantchinatimes.com/news-subclass-cnt.aspx?id=20140912000032&cid=1703

1. (China) – High-speed rail boom in China spawns network of ghost towns

http://www.wantchinatimes.com/news-subclass-cnt.aspx?cid=1202&MainCatID=12&id=20140912000044

1. (China) – China’s shift to high-end electronics takes time: HSBC

http://www.wantchinatimes.com/news-subclass-cnt.aspx?cid=1205&MainCatID=12&id=20140907000111

Life

1. Highest-paid female executive seeks immortality-digitally

http://fortune.com/2014/09/12/highest-paid-female-executive-seeks-immortality-digitally/

2. Steve Jobs’ office is exactly as he left it

http://fortune.com/2014/09/12/steve-jobs-office-is-exactly-as-he-left-it/

3. Dr M: I failed to change lazy Malays

http://news.asiaone.com/print/news/malaysia/dr-m-i-failed-change-lazy-malays

4. As music sales fall, sax player Kenny G turns to stockpicking

http://www.reuters.com/article/2014/09/12/us-kennyg-stocks-idUSKBN0H70AU20140912

5. In a Study, Text Messages Add Up to a Balance Sheet of Everyday Morality; A study looking at daily attitudes provided a rough idea of just what constitutes the moral content of a random day

http://www.nytimes.com/2014/09/12/science/a-window-into-everyday-morality-via-text-message.html?emc=edit_th_20140912&nl=todaysheadlines&nlid=36114517&_r=0

6. Reading ‘Harry Potter’ Makes You A Better Person, Research Shows

http://www.businessinsider.sg/harry-potter-teaches-empathy-2014-9/#.VBKFp_mSyCk

7. Scientists unlock secrets of coffee DNA; Research may help produce higher-yielding disease-resistant crops

http://www.ft.com/cms/s/0/656db45e-38f1-11e4-9526-00144feabdc0.html#axzz3D4mu277F

8. Angst, acne and capitalism at commerce summer camps for teens; Joline Godfrey is the founder of Camp Start-up, which charges up to £2,500 for a 10-day residential course

http://www.ft.com/intl/cms/s/0/2f613bb2-3354-11e4-85f1-00144feabdc0.html#axzz3D4kdGbh3

9. Intro to computer science is now the most popular course at Harvard

http://qz.com/264044/intro-to-computer-science-is-now-the-most-popular-course-at-harvard/

TMT

1. Apple working on products no one has guessed at, says Tim Cook; Apple chief Tim Cook talks about new products, Apple TV and the legacy of Steve Jobs in US interview

http://www.telegraph.co.uk/technology/apple/11093888/Apple-working-on-products-no-one-has-guessed-at-says-Tim-Cook.html

2. With a new version out and millions hooked, WordPress creator Matt Mullenweg’s unconventional model can make or break the web.

http://www.fastcolabs.com/3035463/how-matts-machine-works

3. (China/Tech) – For U.S. tech firms, China entices in spite of tight state control

http://www.reuters.com/article/2014/09/12/us-china-tech-business-idUSKBN0H70KP20140912

4. (Japan/Tech) – Convenience, points fuel spread of e-money in Japan

http://news.asiaone.com/print/news/asia/convenience-points-fuel-spread-e-money-japan

5. EBay CFO: Making Acquisition Sprees Work

http://blogs.wsj.com/cfo/2014/09/12/ebay-cfo-making-acquisition-sprees-work/

6. (Tech) – For UPS, E-Commerce Brings Big Business and Big Problems; Delivery company is squeezed by free shipping, fierce competition and the power of Amazon.com

http://online.wsj.com/articles/for-ups-e-commerce-brings-big-business-and-big-problems-1410489642

http://blogs.wsj.com/corporate-intelligence/2014/09/11/q-and-a-with-upss-david-abney/

7. (Tech/Japan) – Sony Edges Toward Apple-Like Ecosystem

http://online.wsj.com/articles/sony-edges-toward-apple-like-ecosystem-heard-on-the-street-1410498633?tesla=y&mg=reno64-wsj&url=http://online.wsj.com/article/SB10001424052970203898604580149022352873174.html

8. Peter Thiel Reveals The Worst Investment Decision He’s Ever Made

http://www.businessinsider.sg/peter-thiels-bad-investment-2014-9/#.VBKFtvmSyCk

9. (Tech) – Robot capable of handling unfamiliar objects unveiled

http://www.ft.com/intl/cms/s/0/e83c085e-39b9-11e4-93da-00144feabdc0.html#axzz3D4mu277F

1. (China/Tech) – Alibaba defends payments unit split-off; Investors voice concern about corporate governance

http://www.ft.com/intl/cms/s/0/dba294ac-39cb-11e4-8aa2-00144feabdc0.html#axzz3D4mu277F

1. (Korea/Tech) – A time for nimbleness: Alarm bells are ringing in Korea’s IT industry – an ominous reminder of Japan’s fate

http://koreajoongangdaily.joins.com/news/article/article.aspx?aid=2994744

2. Smartphone wars get really brutal: Samsung is squeezed by Lenovo below and Apple in the top tier

http://koreajoongangdaily.joins.com/news/article/article.aspx?aid=2994731

Consumer

1. Green Monsters: The Electric Bike Wars, Who Will be the Tesla of Motorcycles? Harley-Davidson, Energica, Zero and other electric-motorcycle manufacturers are battling to become the king of these green machines.

http://www.forbes.com/sites/hannahelliott/2014/09/10/green-monsters-the-electric-bike-wars/

2. Britain’s big supermarkets rewrite their grocery lists; Food price war forces UK retailers to reconsider their offerings

http://www.ft.com/intl/cms/s/0/a2d9daac-39c8-11e4-83c4-00144feabdc0.html#axzz3D4mu277F

3. How the fast-fashion supply chain became drug cartels’ favorite place to launder cash

http://qz.com/263779/how-the-fast-fashion-supply-chain-became-drug-cartels-favorite-place-to-launder-cash/

4. (China/Consumer) – Accenture: Mid, low-income consumer market worth US$4tn in China?

http://www.wantchinatimes.com/news-subclass-cnt.aspx?cid=1202&MainCatID=12&id=20140911000052

Healthcare

1. (India/Healthcare) – 5 Things to know about India’s Healthcare System

http://forbesindia.com/blog/health/5-things-to-know-about-the-indias-healthcare-system/

Vijay Ramnath Jayaraman

Investing Process

1. Investing Process – Carson Block’s Value Investing Congress Presentation: Short 500.com

http://www.marketfolly.com/2014/09/carson-blocks-value-investing-congress.html

Commodities

1. (Australia/Commodities) – Asian Iron-Ore Investments in Australia Fail to Pay Off

http://online.wsj.com/articles/asian-investors-iron-ore-bets-fail-to-pay-off-1410411784

Morning Bamboo Insight: 10 Sep 2014

Morning Bamboo Insight: 10 Sep 2014

Macro

1. Wage stagnation: The big freeze; Throughout the rich world, wages are stuck

http://www.economist.com/news/finance-and-economics/21615589-throughout-rich-world-wages-are-stuck-big-freeze

2. Loss-making public companies by region in America, Europe and Japan

http://www.businessinsider.sg/percentage-of-stocks-losing-money-2014-9/#.VA6iqfmSyCk

3. The wonky, absurd scales of (insider dealing) justice; Mathew Martoma was sentenced to nine years in prison for insider trading. And yet CEOs strategically time news releases to coincide with months in which their equity vests

http://ftalphaville.ft.com/2014/09/08/1962251/the-wonky-absurd-scales-of-insider-dealing-justice/

4. Dreams on hold, Brazil’s ‘new middle class’ turns on Rousseff

http://uk.reuters.com/article/2014/09/09/uk-brazil-election-middleclass-insight-idUKKBN0H40A620140909

Asia Pacific

1. (Korea) – Why so many Koreans are called Kim

http://www.economist.com/blogs/economist-explains/2014/09/economist-explains-5

2. (India) – India revamps intellectual property policy in face of western anger

http://www.ft.com/intl/cms/s/0/458f833a-375a-11e4-8472-00144feabdc0.html#axzz3CnW1PNSH

3. (China) – Better companies needed for China shares to shine; many listed Chinese companies continue to be the subject of allegations of wrongdoing, accounting fraud and corporate governance issues.

http://www.ft.com/intl/cms/s/0/3fe2e34c-3745-11e4-8472-00144feabdc0.html#axzz3CnW1PNSH

4. (HK) – The Chan family controls Hang Lung, one of the biggest and oldest property developers in Hong Kong

http://www.ft.com/intl/cms/s/0/60f202fa-3729-11e4-8472-00144feabdc0.html#axzz3CnW1PNSH

5. (HK) – Hong Kong must seize the first chance to elect its own leaders; Successive governments have been working towards universal suffrage, writes C Y Leung

http://www.ft.com/intl/cms/s/0/22864004-34ee-11e4-aa47-00144feabdc0.html#axzz3CnRThvlC

6. (Australia) – Australia: Culture clash; The government seems preoccupied with policies that critics say amount to an ideological war

http://www.ft.com/intl/cms/s/0/18c9d234-3740-11e4-b45c-00144feabdc0.html#axzz3CnRThvlC

7. (Japan) – Nissan building know-how at ‘global mother plant’

http://www.japantimes.co.jp/news/2014/09/08/business/corporate-business/nissan-shifts-manufacturing-cars-building-know-japanese-plants/#.VA6a4PmSyCk

8. (HK/China) – A much-hyped idea to link bourses in HK and Shenzhen is not in the pipeline, China’s securities watchdog said, saying one of its current priorities is to hammer out taxation issues for the upcoming Shanghai-HK Stock Connect

http://www.thestandard.com.hk/news_detail.asp?we_cat=2&art_id=149222&sid=42944720&con_type=1&d_str=20140908&fc=1

9. (Spore/HK) – Bad news in Hong Kong is good news for Singapore

http://www.cnbc.com/id/101963981

1. (China) – Spectre of Corruption Haunts Huawei; Efforts to curb bribery in product rebate system nets 100 employees as series of corruption scandals engulf telecoms equipment giant

http://english.caixin.com/2014-09-08/100726114.html

1. (Taiwan) – Perng Fai-nan, governor of Taiwan’s central bank, was named one of the world’s seven best central bankers in 2014 for 10th straight year

http://www.wantchinatimes.com/news-subclass-cnt.aspx?cid=1203&MainCatID=12&id=20140909000045

2. (Taiwan) – Taiwan semiconductor firms may lose talent as China pays better

http://www.wantchinatimes.com/news-subclass-cnt.aspx?cid=1201&MainCatID=12&id=20140909000013

Life

1. Marcus Aurelius’ 10 Rules For Being An Exceptional Leader

http://www.businessinsider.sg/marcus-aurelius-on-being-a-great-leader-2014-9/#.VA6ju_mSyCk

2. The Most Frustrating Email in the World: “Please call me.”; add some details to an email to make it slightly less baffling and anxiety provoking.

https://www.linkedin.com/today/post/article/20140907235500-900547-the-most-frustrating-email-in-the-world

3. Over the horizon: Three issues that should preoccupy managers in the next 50 years

http://www.economist.com/news/business/21615586-three-issues-should-preoccupy-managers-next-50-years-over-horizon

4. Pardon the disruption: When firms succumb to new forms of competition, inflexible organisation is usually to blame

http://www.economist.com/news/finance-and-economics/21615587-when-firms-succumb-new-forms-competition-inflexible-organisation-usually

5. Keeping it in the family: Patriarchs are reluctant to cede control of the companies they built

http://www.economist.com/news/business/21615594-patriarchs-are-reluctant-cede-control-companies-they-built-keeping-it-family

6. Steve Jobs Was Depressed The Day After Apple Released The iPad

http://www.businessinsider.sg/steve-jobs-was-depressed-the-day-after-apple-released-the-ipad-2014-9/#.VA6iVfmSyCk

TMT

1. (China/Tech) – After the float: The Chinese e-commerce firm faces growing competition

http://www.economist.com/news/business/21615597-chinese-e-commerce-firm-faces-growing-competition-after-float

2. Digital news: Investors are taking an interest in journalism: now that is news

http://www.economist.com/news/business/21615595-investors-are-taking-interest-journalism-now-news-read-all-about-it

3. The Aerospace Industry Is Betting Big On 3D Printing Technology

http://www.businessinsider.sg/heres-how-the-aerospace-industry-is-making-3d-printing-a-multi-billion-dollar-business-2014-9/#.VA6jq_mSyCk

4. Amazon Is Under Attack Like Never Before

http://www.businessinsider.sg/amazons-new-competiton-2014-9/#.VA6ixPmSyCk

5. CHART OF THE DAY: Most People Want Smartwatches To Track Their Activities

http://www.businessinsider.sg/chart-of-the-day-most-people-want-smartwatches-to-track-their-activities-2014-9/#.VA6irvmSyCk

6. Graphene developers edge towards commercial breakthrough; Stronger than steel, tougher than diamond and yet lighter than paper, graphene has all the makings of a “miracle material”.

http://www.ft.com/intl/cms/s/0/db153064-291b-11e4-9d5d-00144feabdc0.html#axzz3CnW1PNSH

7. Small step for Paypal, one giant leap for magic internet money

http://blogs.ft.com/tech-blog/2014/09/small-step-for-paypal-one-giant-leap-for-magic-internet-money/?hubRefSrc=permalink

8. (China/Tech) – Tech Firms See Opportunity in China Stocks Link

http://online.wsj.com/articles/china-stocks-link-offers-tech-firms-opportunity-1409909768

9. (China/Tech) – Online writing now a millionare business in China; The play to online novel series Grave Robbers’ Chronicles pocketed 28 million yuan (US$4.55 million) in ticket sales for 45 performances in Shanghai this summer alone

http://www.wantchinatimes.com/news-subclass-cnt.aspx?id=20140908000123&cid=1304

1. (China/Tech) – Mobile phone gaming bubble poses risks in China

http://www.wantchinatimes.com/news-subclass-cnt.aspx?cid=1202&MainCatID=12&id=20140908000091

1. (China/Tech) – Will Education Firm New Oriental Learn or Lose? Managers and even a CEO have defected from China’s biggest education company, which finds itself at a crossroads

http://english.caixin.com/2014-09-08/100726089.html

Consumer

1. How Victoria’s Secret Will Continue To Crush The Competition

http://www.businessinsider.sg/victorias-secret-business-strategy-2014-9/#.VA6iyPmSyCk

2. The enduring appeal of mechanical watches; Smartwatches have not stopped a trend from digital to clockwork

http://www.ft.com/intl/cms/s/0/0e850b12-336d-11e4-85f1-00144feabdc0.html#axzz3CnRThvlC

Investing Process

1. Research – Strategic News Releases in Equity Vesting Months

http://papers.ssrn.com/sol3/papers.cfm?abstract_id=2489152

Commodities

1. End-to-end game: Commodity-trading houses are growing-and running more risks

http://www.economist.com/news/finance-and-economics/21615620-commodity-trading-houses-are-growingand-running-more-risks-end-end-game

Morning Bamboo Insight: 8 Sep 2014

Morning Bamboo Insight: 8 Sep 2014

Macro

1. Political booms, financial crises: Why popular governments are not always a good sign

http://www.voxeu.org/article/increasing-government-popularity-predicts-emerging-market-financial-crises

Asia Pacific

1. (India) – Roll up for the one-man band: Narendra Modi is proving dynamic, but he cannot run India on his own

http://www.economist.com/news/asia/21615635-narendra-modi-proving-dynamic-he-cannot-run-india-his-own-roll-up-one-man-band

2. (China) – China imposes ceiling on the wages of state-owned enterprise leaders

http://www.wantchinatimes.com/news-subclass-cnt.aspx?cid=1201&MainCatID=12&id=20140907000102

3. (China) – Media, PR Executives ‘Arrested over IPO Blackmail Schemes’; Chief and deputy chief editors of 21st Century News Group’s website among the eight people detained, state media reports

http://english.caixin.com/2014-09-04/100725214.html

4. (China) – Debts pile up, weighing on Chinese steelmakers; China’s steel industry now has an excess capacity between 180 million tonnes and 240 million tonnes

http://news.xinhuanet.com/english/china/2014-09/07/c_133626789.htm

5. (India) – Why Modi Cares About India’s ‘Neo Middle Class’; Tax Breaks, Job Training Seek to Boost Some 380 Million ‘Aspirants’

http://blogs.wsj.com/indiarealtime/2014/09/07/new-delhi-courts-neo-middle-class/

http://online.wsj.com/articles/new-delhi-courts-neo-middle-class-with-incentives-1409961855

6. (India) – How Jignesh Shah lost the plot & his empire; FTIL exits MCX completely, Shah is free and has time to reflect on the path ahead; Jignesh Shah could well have been India’s most mercurial financial market entrepreneur

http://forbesindia.com/printcontent/38573

7. (Isia) – Across Indonesia, Local Chiefs Slam Plan to Stop All Direct Polls; Democratic Setback: Under a bill set to be passed this week, the House wants local leaders chosen by regional legislative councils

http://www.thejakartaglobe.com/news/jakarta/across-indonesia-local-chiefs-slam-plan-stop-direct-polls/

8. (Isia) – Megawati’s Hand Seen in Jokowi’s Advisory Team; ‘Puppet President’: Fears that Megawati is the real power behind the scenes are only growing more acute; Editorial: Jokowi Should Avoid Diluting His Cabinet

http://www.thejakartaglobe.com/news/megawatis-hand-seen-jokowis-advisory-team/

http://www.thejakartaglobe.com/opinion/editorial-jokowi-avoid-diluting-cabinet/

9. (Asean) – After 47 Years, Keeping Asean Relevant and Staying Together

http://www.thejakartaglobe.com/opinion/47-years-keeping-asean-relevant-staying-together/

1. (Australia) – Meet Australia’s coffee pod tycoons; They’re part of a global market worth $10 billion and they’re spending millions on manufacturing facilities.

http://www.theage.com.au/small-business/entrepreneur/meet-australias-coffee-pod-tycoons-20140829-3ek33.html?promote_channel=edmail&mbnr=NDEzOTI1Mg

Life

1. Why Walking Helps Us Think

http://www.newyorker.com/tech/elements/walking-helps-us-think

2. Guess What: You Don’t “Implement” Innovation. It’s Created Through Principles

http://betabeat.com/2014/09/guess-what-you-dont-implement-innovation-its-created-through-principles/

3. Seneca on Saving Time

http://www.farnamstreetblog.com/2014/09/seneca-on-saving-time/

4. Maya Angelou on Haters, Life, Reading, and Love

http://www.farnamstreetblog.com/2014/09/maya-angelou-on-haters-life-reading-and-love/

5. Thinking Straight in the Age of Information Overload

http://www.farnamstreetblog.com/2014/09/thinking-straight-in-the-age-of-information-overload/

6. Why Flunking Exams Is Actually a Good Thing; To learn how to study, start by bombing a pretest.

http://www.nytimes.com/2014/09/07/magazine/why-flunking-exams-is-actually-a-goodthing.html?emc=edit_th_20140907&nl=todaysheadlines&nlid=36114517&_r=0

7. Welcome to my genome: George Church is a genetics pioneer whose research spans treating diseases, altering bodies and a desire to breed woolly mammoths

http://www.economist.com/news/technology-quarterly/21615029-george-church-genetics-pioneer-whose-research-spans-treating-diseases-altering

8. Crazy Is a Compliment: The Power of Zigging When Everyone Else Zags

http://www.amazon.com/Crazy-Is-Compliment-Zigging-Everyone/dp/1591846641/

9. Books – Smartcuts: How Hackers, Innovators, and Icons Accelerate Success

http://www.amazon.com/Smartcuts-Hackers-Innovators-Accelerate-Success/dp/0062302450/

1. Books – Your Inner Will: Finding Personal Strength in Critical Times

http://www.amazon.com/Your-Inner-Will-Personal-Strength/dp/0399171843/

TMT

1. (Isia/Tech) – Online shopping in Indonesia flourishes despite scam concerns

http://digital.asiaone.com/print/digital/news/online-shopping-indonesia-flourishes-despite-scam-concerns

2. The future of cars: Wireless wheels; Connected cars will make driving safer, cleaner and more efficient. Their introduction should be speeded up

http://www.economist.com/news/leaders/21615599-connected-cars-will-make-driving-safer-cleaner-and-more-efficient-their-introduction-should-be

3. The connected car: Smartphones on wheels; The way cars are made, bought and driven is changing with mobile communications. This paves the way to a driverless future

http://www.economist.com/news/technology-quarterly/21615060-way-cars-are-made-bought-and-driven-changing-mobile-communications

4. Demolition technology: New ways are being found to demolish old buildings in crowded cities

http://www.economist.com/news/technology-quarterly/21615066-new-ways-are-being-found-demolish-old-buildings-crowded-cities-bringing

5. The language of the internet of things: More and more devices are becoming connected, but will they speak the same language?

http://www.economist.com/news/technology-quarterly/21615067-more-and-more-devices-are-becoming-connected-will-they-speak-same

6. In the moment of the heat: One way to keep warm is to heat people rather than expending energy heating the buildings they are in

http://www.economist.com/news/technology-quarterly/21615065-one-way-keep-warm-heat-people-rather-expending-energy-heating

7. How Big Companies and Their Tech Suppliers Are Changing Together; cloud and mobility are reshaping the workplace, as well as the tech companies themselves.

http://bits.blogs.nytimes.com/2014/09/06/how-big-companies-and-their-tech-suppliers-are-changing-together/?_php=true&_type=blogs&ref=technology&_r=0

8. (China/Tech) – The Jack Ma Way: Alibaba, started by Jack Ma in 1999, is about to sell shares in the United States that could value the company at about $160 billion.

http://www.nytimes.com/2014/09/07/business/international/at-alibaba-the-founder-is-squarely-in-charge.html?ref=business&_r=0

9. Three Marks Of Real Data Science

http://techcrunch.com/2014/09/06/three-marks-of-real-data-science/

1. (Tech) – Too soon for consumer 3D printing, says Gartner; Consumer 3D printing adoption will be outpaced by business and medical applications that have more compelling needs in the short term

http://www.wantchinatimes.com/news-subclass-cnt.aspx?cid=1204&MainCatID=12&id=20140828000067

Consumer

Healthcare

1. Biohackers of the world, unite: Following the example of maker communities worldwide, hobbyists keen on biology have started to get together

http://www.economist.com/news/technology-quarterly/21615064-following-example-maker-communities-worldwide-hobbyists-keen-biology-have

Investing Process

1. How to Pick Stocks by Recognizing the Flaws in Investors’ Thinking; Joe Huber, Huber Capital’s boss, tries to avoid the big mistake that many investors make.

http://online.barrons.com/news/articles/SB51885783724964273656104580130022394100384

Evening Bamboo Insight: 4 Sep 2014

Evening Bamboo Insight: 4 Sep 2014

Macro

1. Why Bill Gates And Warren Buffett Are Railroad Rivals

http://www.businessinsider.sg/why-bill-gates-and-warren-buffett-are-railroad-rivals-2014-9/#.VAgRrvmSxqU

2. Watch out for companies splashing cash; They are underperformers, in company with cash hoarders

http://www.ft.com/intl/cms/s/0/002613f4-336d-11e4-9607-00144feabdc0.html#axzz3CKD4katP

3. With Wikistrat, crowdsourcing gets geopolitical; A consultancy is trying to out-forecast intelligence agencies

http://www.ft.com/intl/cms/s/0/f3eb8908-2f9c-11e4-83e4-00144feabdc0.html#axzz3CKD4katP

4. Germany’s taxis should not triumph over Uber; The problem is not that cabs are endangered but overly protected

http://www.ft.com/intl/cms/s/0/3ea68e1e-3350-11e4-85f1-00144feabdc0.html#axzz3CJRZCGQy

Asia Pacific

1. (China) – Q. and A.: Ren Jianming on the Fight Against Corruption in China, and His Own Solution

http://sinosphere.blogs.nytimes.com/2014/09/02/q-and-a-ren-jianming-on-the-fight-against-corruption-in-china-and-his-own-solution/

2. (Msia) – Najib: ‘Every citizen has a place under the Malaysian sun’

http://www.thestar.com.my/News/Nation/2014/09/04/Najib-1Malaysia/

3. (China) – China Auto Industry Revved Up over Reports Rules for Imports May Change

http://english.caixin.com/2014-09-02/100724270.html

4. (Korea) – Kumho brothers at each other again; Kumho Petrochem Chairman Park Chan-koo has asked local prosecutors to investigate his older brother and the chairman of Kumho Asiana Group, Park Sam-koo, for breach of trust.

http://koreajoongangdaily.joins.com/news/article/article.aspx?aid=2994495&cloc=joongangdaily|home|newslist1

5. (Australia) – It’s change or die for Australia Post

http://www.theage.com.au/business/comment-and-analysis/its-change-or-die-for-australia-post-20140904-10cexf.html

6. (HK) – HK University’s Law Professor Benny Tai leads fight for Hong Kong democracy, vows to push ahead with a Gandhi-style civil disobedience campaign

http://www.ft.com/intl/cms/s/0/a6927d22-335e-11e4-9607-00144feabdc0.html#axzz3CKFccaxE

7. (China) – Wheels come off China’s bike-share schemes

http://www.ft.com/cms/s/0/815c5378-33e2-11e4-85f1-00144feabdc0.html#axzz3CKFccaxE

8. (China) – China fraud unit questions Morgan Stanley arm over ‘princeling’

http://www.ft.com/intl/cms/s/0/4debfe4e-336a-11e4-9607-00144feabdc0.html#axzz3CKD4katP

9. (China) – China fraud unit questions Morgan Stanley arm over ‘princeling’

http://www.ft.com/intl/cms/s/0/4debfe4e-336a-11e4-9607-00144feabdc0.html#axzz3CKD4katP

1. (India) – India CEOs Look For Ways To Get Manufacturing Back On Growth Track

http://forbesindia.com/printcontent/38549

1. (Korea) – Helping a Korean Electronics Giant Stay Nimble; feature of Young Sohn, President and Chief Strategy officer for Samsung Electronics

http://www.forbes.com/sites/brucerogers/2014/09/03/helping-a-korean-electronics-giant-stay-nimble/print/

Life

1. If This Company Succeeds, We Won’t Be Fighting About Reclining Airline Seats

http://www.businessinsider.sg/company-succeeds-wont-be-fighting-about-reclining-airline-seats-2014-9/#.VAgSSfmSxqU

2. 7 Hard Truths About Life That People Don’t Like To Admit; The world is full of suffering.

http://www.businessinsider.sg/hard-truths-people-dont-like-to-admit-2014-9/#.VAgRtPmSxqU

3. If You Can Solve This Math Problem, You’ll Get A $1 Million Prize, And Change Internet Security As We Know It

http://www.businessinsider.sg/p-vs-np-millennium-prize-problems-2014-9/#.VAgPm_mSxqU

4. History channel’s miniseries are finding a happy medium between actual history and mindless entertainment

http://qz.com/259390/history-channels-miniseries-are-finding-a-happy-medium-between-actual-history-and-mindless-entertainment/

5. It’s draining men (and women): how staff loyalty took plumbing firm Cooke & Dowsett to nationwide success

http://www.brw.com.au/p/business/mid-market/success_draining_cooke_dowsett_women_LRScws8klB1nieuKa9xfVN

6. “If you can get good at destroying your own wrong ideas, that is a great gift.” – Charlie Munger

http://awealthofcommonsense.com/charlies-munger-becoming-better-investor/

7. Five Tips That Will Free You From Mediocrity

http://www.forbes.com/sites/theyec/2014/09/03/five-tips-that-will-free-you-from-mediocrity/print/

8. Jeffrey Katzenberg: ‘Do good — just don’t do too good’

http://fortune.com/2014/09/03/jeffrey-katzenberg-do-good-just-dont-do-too-good/

TMT

1. (China/Tech) – WeChat and third-party Android app stores: How China’s mobile ecosystem is different from the West

http://thenextweb.com/asia/2014/08/26/wechat-and-third-party-android-app-stores-how-chinas-mobile-ecosystem-is-different-from-the-west

2. (China/Tech) – PPTV, a former industry leader, is slowly getting carved up among investors as it is forced to scrap some of its most promising new products.

http://www.youngchinabiz.com/en/pptv-carve-up-continues-as-crackdown-bites

3. (China/Tech) – MIT professor looks into Baidu’s big data strategy

http://news.xinhuanet.com/english/china/2014-09/03/c_133617691.htm

4. (China/Tech) – Baidu is a fixture of online life in China, but it wants to become a global power. Can one of the world’s leading artificial intelligence researchers help it challenge Silicon Valley’s biggest companies?

http://www.technologyreview.com/featuredstory/530016/a-chinese-internet-giant-starts-to-dream/?

5. (Tech) – The Met Plans To Become The Most Digitally Influential Museum In The World

http://www.businessinsider.sg/digital-strategy-at-the-met-2014-9/#.VAgRV_mSxqU

6. Salesforce.com Exec: ‘We’re Gonna Suck The Life Out Of’ Microsoft

http://www.businessinsider.sg/salesforce-exec-challenges-microsoft-2014-9/#.VAgQ_fmSxqU

7. Google Glass supplier to develop new smart glasses with French firm

http://www.wantchinatimes.com/news-subclass-cnt.aspx?id=20140904000040&cid=1206

8. (Korea/Tech) – Korean Gov’t reduces online verifications; Koreans, foreigners must only enter name and address to shop

http://koreajoongangdaily.joins.com/news/article/article.aspx?aid=2994496

9. Why Apple’s mobile-payments system might actually work

http://qz.com/258475/why-apples-mobile-payments-system-might-actually-work/

1. Arrowgrass Capital, the $5bn London hedge fund, is planning to develop an electronic invoicing service in the latest move into disruptive financial services businesses by alternative investors

http://www.ft.com/intl/cms/s/0/75156dcc-3381-11e4-85f1-00144feabdc0.html#axzz3CKD4katP

Consumer

1. Luxottica’s board revamp exposes Renzi’s old concerns

http://www.ft.com/intl/cms/s/0/d155313c-3343-11e4-85f1-00144feabdc0.html#axzz3CJRZCGQy

Healthcare

1. Letting Foreign Investors Open Wholly Owned Hospitals Hardly a Cure-All; The reform would not fix the big problems facing the health care industry and might not even appeal to the facilities’ backers

http://english.caixin.com/2014-09-02/100724274.html

Investing Process

1. Shenguan Holdings (0829), a mainland- based sausage-casing maker, has been accused by short-seller Emerson Analytics of exaggerating revenue and concealing high costs of raw materials

http://www.scmp.com/print/business/money/markets-investing/article/1584660/shenguan-latest-hong-kong-listed-mainland-firm

http://www.scmp.com/print/business/companies/article/1584898/sausage-casing-firm-shenguan-respond-false-allegations-over

http://www.thestandard.com.hk/news_detail.asp?we_cat=2&art_id=149138&sid=42924170&con_type=1&d_str=20140904&fc=7

http://www.reuters.com/article/2014/09/04/china-shenguan-idUSL3N0R464G20140904

2. Canada watchdog says Sino-Forest execs deceived investors

http://www.reuters.com/article/2014/09/02/sino-forest-regulator-canada-idUSL1N0R32DF20140902

Morning Bamboo Insight: 3 Sep 2014

Morning Bamboo Insight: 3 Sep 2014

Macro

1. Sino-Forest tribunal will put fraud allegations – and the OSC’s reputation – to the test

http://business.financialpost.com/2014/09/01/sino-forest-tribunal-will-put-fraud-allegations-and-the-oscs-reputation-to-the-test/

Asia Pacific

1. (China) – World’s largest duty-free shop opens in China’s Sanya

http://news.xinhuanet.com/english/china/2014-09/01/c_133612221.htm

2. (Korea) – Samsung Group merges affiliates: Heavy industries arm absorbs engineering in latest restructuring

http://koreajoongangdaily.joins.com/news/article/article.aspx?aid=2994384

3. (Australia) – Meet the new breed of Aussie manufacturers exporting to the world

http://www.brw.com.au/p/entrepreneurs/meet_the_new_breed_world_aussie_xNYJduWT8OdMpBiDGejLEN

4. (Korea) – Korean conglomerates decrease the trend of merging together

http://www.koreatimes.co.kr/www/news/biz/2014/09/488_163985.html

5. (Msia) – 1998’s tough moves by KL vindicated; Minister says they also enabled M’sia to go through 2007 crisis unscathed

http://www.nst.com.my/node/28644

6. (Japan) – New GPIF investment manager drawn to cheap Japan mid-caps

http://www.reuters.com/article/2014/09/01/us-japan-funding-strategy-idUSKBN0GV0XT20140901

7. (Taiwan) – Taiwan’s first budget airline set for maiden flight

http://www.channelnewsasia.com/news/business/taiwan-s-first-budget/1340436.html

8. (Myanmar) – Myanmar city U-turns amid outcry over secret $8 bln housing deal

http://www.reuters.com/article/2014/09/01/myanmar-construction-idUSL3N0R22HL20140901

9. (Asean) – Banking on the AEC

http://www.thejakartaglobe.com/opinion/banking-aec/

1. (Isia) – Indonesia plays winning hand with global miners: Russell

http://www.reuters.com/article/2014/09/01/column-russell-indonesia-mining-idUSL3N0R21RO20140901

1. (India/Japan) – Indian PM Modi’s Foolish Crush on All Things Japanese

http://www.thejakartaglobe.com/opinion/indian-pm-modis-foolish-crush-things-japanese/

2. (India/Japan) – India, Japan Will Shape 21st Century: Modi

http://www.thejakartaglobe.com/international/india-japan-will-shape-21st-century-modi/

Life

1. To be more productive at work, put a plant on your desk; Plants in offices increase happiness and productivity; Study suggests that minimalist offices produce miserable employees because ‘sometimes less is just less’

http://qz.com/258481/to-be-more-productive-at-work-put-a-plant-on-your-desk/

http://www.theguardian.com/money/2014/aug/31/plants-offices-workers-productive-minimalist-employees

2. Yves Carcelle, the charismatic executive who transformed Louis Vuitton from a staid French maker of handbags and travel trunks into one of the world’s most recognizable luxury brands, died on Sunday in Paris. He was 66.

http://www.nytimes.com/2014/09/02/business/international/yves-carcelle-executive-who-made-louis-vuitton-a-status-symbol-dies-at-66.html?ref=business

3. The No. 1 Reason Leaders Fall Short: Ego

http://www.forbes.com/sites/brucekasanoff/2014/08/27/the-1-reason-leaders-fall-short-ego/print/

4. Culture Of Courage: Creating A Culture That Breeds Bravery

http://www.forbes.com/sites/margiewarrell/2014/08/31/building-brave-people/print/

5. Boone Reborn: Rediscovering life at 85; At 85, T Boone Pickens has discovered a powerful source of energy: His own. He’s got a new love, a new natural gas empire and a continuing mission to change the world. All he needs now is time

http://forbesindia.com/printcontent/38533

6. The Rise And Fall of Financial Technologies’ Jignesh Shah; The 47-year-old entrepreneur, who had taken on institutional forces such as the National Stock Exchange with his commodity exchanges, became a victim of his own break-neck ambition

http://forbesindia.com/printcontent/38535

7. 9 Habits That Lead to Terrible Decisions

http://blogs.hbr.org/2014/09/9-habits-that-lead-to-terrible-decisions/

8. Obama’s Cool Head in Crisis – Asset or Growing Liability?

http://www.thejakartaglobe.com/international/obamas-cool-head-crisis-asset-growing-liability/

TMT

1. Brainy, Yes, but Far From Handy; Robots still lack a critical element that will keep them from eclipsing most human capabilities anytime soon: a well-developed sense of touch

http://www.nytimes.com/2014/09/02/science/robot-touch.html?ref=business&_r=0

2. Synaptics Has the Right Touch; With technology for fingerprint identification and touchscreens, chip maker Synaptics is in the sweet spot for smartphones. The stock could leap by 35% or more.

http://online.barrons.com/news/articles/SB50001424127887323949604580113870140899254?mod=BOL_hp_mag

3. Share a taxi with a stranger? Idea is catching in big cities

http://fortune.com/2014/09/01/share-a-taxi-with-a-stranger-idea-is-catching-in-big-cities/

Consumer

1. Move over Amazon, HMV is getting people back in stores; The music retailer is on course to overtake Amazon as the UK’s biggest music and DVD retailer, just 18-months since its collapse. What’s behind the comeback?

http://www.theguardian.com/business/shortcuts/2014/sep/01/hmv-stores-overtake-amazon-uk-biggest-music-dvd-retailer

Morning Bamboo Insight: 2 Sep 2014

Morning Bamboo Insight: 2 Sep 2014

Asia Pacific

1. (Australia) – An Australian equipment hire specialist, owned by one family for six decades, has won the top gong at Family Business Australia’s annual conference.

http://www.campdenfb.com/article/australian-rental-company-wins-family-business-award

2. (Asean) – Wage Wars Unravel Stitches Of Cambodia’s $5B Garment Sector

http://www.forbes.com/sites/meghabahree/2014/08/27/cambodias-garment-sector-is-getting-torn-between-poor-labor-and-unyielding-foreign-owners/print/

3. (India) – New Breed Of Operators Disrupt India’s Dilapidated On-Demand City Cab Services

http://www.forbes.com/sites/saritharai/2014/08/28/new-breed-of-operators-disrupting-indias-dilapidated-on-demand-city-cab-services/print/

4. (HK/Asia) – Debate on a universal pension highlights need for tax reform

http://www.scmp.com/print/comment/insight-opinion/article/1579597/debate-universal-pension-highlights-need-tax-reform

5. (Thai) – No room for corruption: Thai PM

http://news.asiaone.com/print/news/asia/no-room-corruption-thai-pm

6. (Spore) – Lights off on Singapore’s billionaire row as luxury house prices plunge

http://news.asiaone.com/print/news/business/lights-singapores-billionaire-row-luxury-house-prices-plunge-0

7. (India) – With Modi as PM, it is India’s Time in the World

http://forbesindia.com/printcontent/38531

8. (India) – Maharajas use their wealth to script positive tales

http://forbesindia.com/printcontent/38489

Life

1. Seneca on Wisdom: “Wisdom is a right understanding, a faculty of discerning good from evil, what is to be chosen and what rejected; a judgment grounded upon the value of things, and not the common opinion of them.”

http://www.farnamstreetblog.com/2014/08/seneca-on-wisdom/

2. John Keats on the Quality That Formed a Man of Achievement: Negative Capability, the willingness to embrace uncertainty, mysteries and doubts.

http://www.farnamstreetblog.com/2014/08/john-keats-quality-man-of-achievement-negative-capability/

3. Intellectual acupuncture for business survival

http://business.asiaone.com/print/news/intellectual-acupuncture-business-survival

4. Controversial MLM founder now a monk – for a while

http://news.asiaone.com/print/news/malaysia/controversial-mlm-founder-now-monk-while

5. An expert at the quick flip cooking up a whopper deal: Burger King’s chief has displayed both self-belief and financial wizardry

http://www.ft.com/intl/cms/s/0/e60bdc76-2e10-11e4-b330-00144feabdc0.html#axzz3BqgihCHz

6. Don’t Get Left Holding The Bag: It is a term that is slowly gaining credence in the investment community: stranded assets. Put simply, the expression refers to an asset that has become obsolete or has ceased to perform in your portfolio.

http://www.campdenfb.com/article/don-t-get-left-holding-bag-or-oil-can

7. Stanford Professors Want To Teach You How To Scale Your Business Without Screwing It Up

http://techcrunch.com/2014/08/29/stanford-professors-want-to-teach-you-how-to-scale-your-business-without-screwing-it-up/

http://www.gsb.stanford.edu/exed/landing/mooc090814.html?utm_source=press&utm_medium=pr&utm_campaign=mooc090814&utm_content=

8. Brewing An Empire: Rohan Marley On Building His Sustainable Coffee Brand

http://www.forbes.com/sites/kerryflynn/2014/08/29/brewing-an-empire-rohan-marley-on-building-his-sustainable-coffee-brand/print/

9. Welcome to the real Lego land: rebuilding the brand brick by brick; The tiny Danish town of Billund is creative cornerstone to the famous toy firm. With a new visitor centre opening, CEO Jørgen Vig Knudstorp explains how Lego returned to its foundations

http://www.theguardian.com/lifeandstyle/2014/aug/29/welcome-to-real-lego-land-rebuilding-brand-brick-by-brick

TMT

1. (China/Tech) – Baidu Disconnects from Its Plan to Join Gov’t Telecoms Pilot; Search giant never partnered with a member of Big Three to resell phone service as part of mobile virtual network operator experiment

http://english.caixin.com/2014-08-27/100721873.html

2. (China/Tech) – The Once-beloved Microsoft Messenger to Finally Shut Down in Mainland China

http://technode.com/2014/08/29/microsoft-messenger-shut-down-in-mainland-china/

3. (China/Tech) – China’s Coolpad Races To Sell More Smartphones For Less Online

http://www.forbes.com/sites/hengshao/2014/08/27/click-for-coolpad/print/

4. (Taiwan/Tech) – The Government of Singapore Investment Corp (GIC) has invested US$104 million in the popular Taiwan-based music streaming service KKBOX Inc.

http://www.taipeitimes.com/News/biz/print/2014/08/29/2003598494

Consumer

1. (Korea/Consumer) – Starbucks in Korea costs twice as much as US; Korean Starbucks have a higher operating cost because customers tend to stay and sit in the stores longer.

http://www.koreatimes.co.kr/www/news/nation/2014/08/511_163822.html

Investing Process

1. The four delusions that cost VCs money

http://pando.com/2014/08/29/the-four-delusions-that-cost-vcs-money/

Evening Bamboo Insight: 30 Aug 2014

Evening Bamboo Insight: 30 Aug 2014

Macro

1. Shekeled and bound: The strong shekel is hurting Israel’s economy more than the conflict in Gaza

http://www.economist.com/news/finance-and-economics/21614169-strong-shekel-hurting-israels-economy-more-conflict

2. Global property markets: Frothy again; Easy money is inflating house prices across much of the globe

http://www.economist.com/news/finance-and-economics/21614167-easy-money-inflating-house-prices-across-much-globe-frothy-again

3. Fluid dynamics: America’s famously flexible labour market is becoming less so

http://www.economist.com/news/finance-and-economics/21614159-americas-famously-flexible-labour-market-becoming-less-so-fluid-dynamics

4. Popping property bubbles: Choosing the right pin; House prices in Europe are losing touch with reality again. Deflating the bubbles will not be easy

http://www.economist.com/news/finance-and-economics/21614165-house-prices-europe-are-losing-touch-reality-again-deflating-bubbles

5. Changes in Digital Television Are Model for Economy Itself

http://blogs.wsj.com/cio/2014/08/29/changes-in-digital-television-are-model-for-economy-itself/

Asia Pacific

1. (Japan) – Japan’s bond market: Quantitative freezing; Japanese bond traders say the central bank is stifling their market

http://www.economist.com/news/finance-and-economics/21614221-japanese-bond-traders-say-central-bank-stifling-their-market-quantitative

2. (China) – Fixing China Inc: Reform of state companies is back on the agenda

http://www.economist.com/news/china/21614240-reform-state-companies-back-agenda-fixing-china-inc

3. (Spore) – Bank loans may have lower interest rates than Housing Board loans at the moment, but the fear that rates may rise has prompted more Singapore flat buyers to opt for the board’s fixed concessionary loans.

http://news.asiaone.com/print/news/singapore/more-choosing-hdb-loans-fear-bank-rates-may-rise

4. (China) – China’s Toilet Paper Makers Flush With Cash

http://www.forbes.com/sites/shuchingjeanchen/2014/08/28/chinas-toilet-paper-makers-flush-with-cash/print/

5. (Korea) – S. Korea gripped by ‘special syndrome’; mistrust and discontent with the system cause demand for special measures

http://news.mk.co.kr/english/newsRead.php?sc=30800001&cm=Top%20Story&year=2014&no=1148820&selFlag=&relatedcode=&wonNo=&sID=308

6. (China) – Pester power drives lucrative market for children in China

http://www.wantchinatimes.com/news-subclass-cnt.aspx?cid=1202&MainCatID=12&id=20140830000051

7. (China) – Executives of state enterprises in five of China’s major industries may take up to a 50% cut in their pay should a report alleging the government’s decision to place a salary cap at 600,000 yuan (US$97,500) a year turn out to true

http://www.wantchinatimes.com/news-subclass-cnt.aspx?id=20140830000031&cid=1201

8. (China) – Li Xiaolin, daughter of former Chinese president Li Xiannian

http://www.wantchinatimes.com/news-subclass-cnt.aspx?id=20140828000030&cid=1601

Life

1. Using Gambling to Entice Low-Income Families to Save; A growing number of credit unions and nonprofit groups are using lotteries to encourage low-income families to save.

http://www.nytimes.com/2014/08/31/business/using-gambling-to-entice-low-income-families-to-save.html?ref=business

2. How the internet forces us to choose between science and religion

http://www.ft.com/intl/cms/s/0/672802f2-2e3f-11e4-b760-00144feabdc0.html#axzz3BvcdRus7

3. Students reveal 50 most useful skills picked up at university in poll

http://www.dailymail.co.uk/news/article-2502847/What-students-REALLY-learn-university.html

4. Paul Graham on Money vs. Wealth; Debunking the pie fallacy, or why there’s more to success than giving people what they want.

http://www.brainpickings.org/index.php/2014/07/02/how-to-make-wealth-paul-graham-hackers-painters/

5. Cultural Realities Of Latin American Entrepreneurship

http://techcrunch.com/2014/08/30/cultural-realities-of-latin-american-entrepreneurship/

6. When to Trust Your Gut

http://www.capitalideasonline.com/articles/index.php?id=4733

7. Two Things I Learned From Reading Jim Manzi’s Uncontrolled

http://250words.com/2014/08/jim-manzi/?cp_type=250D&rmid=250_Words_Daily&rrid=6739702

8. Why Successful Entrepreneurs Are Effective Delegators

http://businessjournal.gallup.com/content/174800/why-successful-entrepreneurs-effective-delegators.aspx

9. Darwin’s Battle with Anxiety

http://www.brainpickings.org/index.php/2014/08/28/darwin-anxiety/

1. The Psychology of Writing and the Cognitive Science of the Perfect Daily Routine

http://www.brainpickings.org/index.php/2014/08/25/the-psychology-of-writing-daily-routine/

1. How Steve Jobs, Richard Branson, And Other Self-Made Billionaires Got Their Big Break

http://www.businessinsider.sg/steve-jobs-richard-branson-billionaires-big-break-2014-8/#.VAFdt_mSxqU

2. Martin Wolf’s ‘The Shifts and the Shocks’; The Nobel laureate applauds a new analysis of the financial crisis by the FT’s chief economics commentator

http://www.ft.com/intl/cms/s/0/44772c4a-2e96-11e4-afe4-00144feabdc0.html#axzz3BqgihCHz

TMT

1. In E-Sports, Video Gamers Draw Real Crowds and Big Money; Professional video gaming is becoming a worldwide spectator sport offering big prizes to competitors and helping the game industry gain even greater cultural and economic clout

http://www.nytimes.com/2014/08/31/technology/esports-explosion-brings-opportunity-riches-for-video-gamers.html?ref=technology

2. Is Owning Overrated? The Rental Economy Rises

http://www.nytimes.com/2014/08/30/upshot/is-owning-overrated-the-rental-economy-rises.html?_r=0&abt=0002&abg=1

3. Five Factors In Building Giants Of The Big Data Era

http://techcrunch.com/2014/08/30/five-factors-in-building-giants-of-the-big-data-era/

4. How Siri’s Founders Could Have Built The Next Google

http://techcrunch.com/2014/08/30/how-siris-founders-could-have-built-the-next-google/

5. The Man Who Created Google Maps And Facebook’s ‘Like’ Button Is Building A Google Docs and Microsoft Word-Killer

http://www.businessinsider.sg/man-created-google-maps-facebooks-like-building-google-docs-microsoft-word-killer/#.VAFegvmSxqU

6. (China/Tech) – The Key Differences Between Alibaba And Amazon In One Chart

http://www.businessinsider.sg/alibaba-vs-amazon-2014-8/#.VAFduPmSxqU

7. (China/Tech) – ‘Brushing’ casts doubt on Alibaba figures; ‘Brushing’ essentially consists of creating fake orders – the merchant sends out an empty box or delivery envelope accordingly, but refunds the money paid by the ‘purchaser’.

http://www.ft.com/intl/cms/s/0/d72ec42a-2f87-11e4-83e4-00144feabdc0.html#axzz3BqgihCHz

8. (China/Tech) – Alibaba to test home textile ‘try-before-you-buy’ sales

http://www.wantchinatimes.com/news-subclass-cnt.aspx?id=20140830000005&cid=1206

Consumer

1. No Canvas, No Leather: A Reboot for the Sneaker; Unconventional footwear materials, like Tyvek, are offering a new take on the minimalist shoe trend

http://www.nytimes.com/2014/08/31/business/Shoes-made-with-Tyvek.html?ref=business

2. (China/Korea/Consumer) – Korean coffee shops moving into China challenge Starbucks

http://www.wantchinatimes.com/news-subclass-cnt.aspx?id=20140830000102&cid=1202

3. Tim Hortons takes on the world: How going global could change the soul of Canada’s coffee chain; Burger King will turn Tim Hortons into ‘iconic global brand,’ Miles Nadal says

http://business.financialpost.com/2014/08/30/tim-hortons-takes-on-the-world-how-going-global-could-change-the-soul-of-canadas-coffee-chain/

http://business.financialpost.com/2014/08/30/burger-king-will-turn-tim-hortons-into-iconic-global-brand-miles-nadal-says/

Healthcare

1. End-of-Life Talks May Finally Overcome Politics; Medicare may cover advance care planning that was once decried as “death panels,” and some private insurers are not waiting for the political process

http://www.nytimes.com/2014/08/31/health/end-of-life-talks-may-finally-overcome-politics.html?ref=health

2. Thermo Fisher: Riding the Research Boom; nearly three-quarters of the company’s revenue comes from services and consumables, recurring sources that carry higher profit margins than lab equipment

http://online.barrons.com/news/articles/SB50001424127887323949604580122480638944038

Investing Process

1. Superstitious investors: Black-cat market; Irrational investment habits lead to lower returns

http://www.economist.com/news/finance-and-economics/21614227-irrational-investment-habits-lead-lower-returns-black-cat-market

2. RV Capital On The Bullish Case For BETT AG

http://www.valuewalk.com/2014/08/rv-capital-business-owner-tgv-vs-dax/

http://cdn1.valuewalk.com/wp-content/uploads/2014/08/Co-Investor_Letter_H1_2014_3.pdf

3. Buffett’s investment by moat strategy gets a book

http://www.omaha.com/money/buffett/warren-watch-buffett-s-investment-by-moat-strategy-gets-a/article_f5415d12-1734-5d82-9e85-92d7ca5aacf5.html?mode=print

Evening Bamboo Insight: 27 Aug 2014

Evening Bamboo Insight: 27 Aug 2014

Macro

1. Big Four step up services to hedge funds; The Big Four global accountants are stepping up their services advising hedge funds as they seek to capitalise on a sector mired in increasingly complex and interlinked global regulation.

http://www.ft.com/intl/cms/s/0/42ed2476-1648-11e4-93ec-00144feabdc0.html#axzz3BODmuAqh

2. Africa’s population: Can it survive such speedy growth? By the end of the century, almost half the world’s children may be African

http://www.economist.com/news/middle-east-and-africa/21613349-end-century-almost-half-worlds-children-may-be-african-can-it

3. The Global Crackdown on Profit Shifting; CFOs of multinationals need to prepare by assessing how much their companies engage in profit shifting to cut their taxes

http://ww2.cfo.com/tax/2014/08/global-crackdown-profit-shifting

4. France thrown into political turmoil after government dissolved

http://www.theguardian.com/world/2014/aug/25/french-government-resigns-francois-hollande-manuel-valls

5. CBOE One Heck of Moat, Is Valuation Reasonable?

http://www.valuewalk.com/2014/08/cboe-moat-valuation/

Asia Pacific

1. (Isia) – Indonesian bank BRI takes microcredit on the road; In West Java ‘mobile banking’ means a van or boat

http://www.ft.com/cms/s/0/cac10dd4-26f8-11e4-a46a-00144feabdc0.html#axzz3BODmuAqh

2. (China) – Property bubble is ‘major risk to China’

http://www.ft.com/intl/cms/s/0/42ed2476-1648-11e4-93ec-00144feabdc0.html#axzz3BODmuAqh

3. (Korea) – South Korea’s fertility rate is so low that the country’s population could go the way of the dinosaurs by 2750, according to a new simulation commissioned by the National Assembly in Seoul

http://blogs.wsj.com/korearealtime/2014/08/25/south-korea-to-go-extinct-by-2750/

4. (Thai) – Thai Coup Leader Becomes Prime Minister; Gen. Prayuth Chan-ocha Says He Will Choose Cabinet in September

http://online.wsj.com/articles/thai-coup-leader-becomes-prime-minister-1408947091

5. (China) – Down and out in rural China: Many teenagers in the Chinese countryside do not finish secondary school. That bodes ill for the labour force

http://www.economist.com/news/china/21613293-many-teenagers-chinese-countryside-do-not-finish-secondary-school-bodes-ill

6. (China) – Literacy: Bad characters; Some Chinese forget how to write

http://www.economist.com/news/china/21613300-some-chinese-forget-how-write-bad-characters

7. (China) – German car parts suppliers asked to form JVs in China: Stuttgarter

http://www.reuters.com/article/2014/08/25/us-autos-china-partnership-idUSKBN0GP0LV20140825

8. (China) – Changing Corporate Culture Is Hard. Here’s How Lenovo Did It

http://blogs.wsj.com/atwork/2014/08/25/changing-corporate-culture-is-hard-heres-how-lenovo-did-it/

9. (India) – All Coal-Mining Rights Issued in India Since 1993 Are Ruled Illegal; Supreme Court Decision Injects Uncertainty in Coal Supply for Power Plants, Steelmakers

http://online.wsj.com/articles/india-court-rules-all-coal-mining-rights-since-1993-illegal-1408964180

1. (Isia) – A Daunting Agenda for Jokowi; Fuel subsidies, resource nationalism and underdeveloped manufacturing are just a few of the challenges facing the novice president.

http://online.wsj.com/articles/karen-brooks-a-daunting-agenda-for-jokowi-1408986218

1. (Asia) – Strong leaders in a fragile Asia

http://www.todayonline.com/print/765896

Life

1. FT interview with Andrew Forrest, the founder of Fortescue Metals Group

http://www.ft.com/intl/cms/s/0/24bae83a-17d8-11e4-a82d-00144feabdc0.html#axzz3BOAD4xv4

2. Science confirms it: If you want to succeed, you have to screw up

http://www.fastcocreate.com/3034761/science-confirms-it-if-you-want-to-succeed-you-have-to-screw-up

3. 3 reasons you should let yourself get distracted

http://www.fastcompany.com/3034707/the-future-of-work/3-reasons-you-should-let-yourself-get-distracted

4. Quote of the week: Don’t change who you are

http://www.fastcompany.com/3034740/quote-of-the-week-dont-change-who-you-are

5. MIT Study Shows People Would Rather Take Orders From A Robot Than Their Bossk

http://www.businessinsider.sg/robots-as-bosses-2014-8/#.U_tPOvmSxqU

6. A Successful VC Reveals The Big Secret Behind Becoming A Great Investor: “Intellectual curiosity”

http://www.businessinsider.sg/blake-bartlett-advice-for-becoming-a-great-vc-2014-8/#.U_tPk_mSxqU

7. How does Zillow’s CEO manage? By learning; At the real estate information site Zillow, leadership starts by saying “I don’t know”-then doggedly seeking out an answer

http://fortune.com/2014/08/25/zillow-management-social-media/

8. Do Buffett’s Compliance Lapses Show Management Flaws?

http://ww2.cfo.com/regulation/2014/08/buffetts-compliance-lapses-show-management-flaws/

9. ‘Out of Africa’ theory of human evolution under fire

http://www.theage.com.au/national/education/out-of-africa-theory-of-human-evolution-under-fire-20140822-106o5e.html

1. Piketty’s Errors Mirror Marx’s in his search for a grand theory to explain inequality and predict the future

http://blogs.wsj.com/economics/2014/08/25/pikettys-errors-mirror-marxs-paper-finds/

1. Good to Great: The Stockdale Paradox and Value Investing

http://brooklyninvestor.blogspot.sg/2014/08/good-to-great-stockdale-paradox.html

2. Wayne Brody On Misplaced Values and How To Spot A Compliant Culture

http://blogs.wsj.com/riskandcompliance/2014/08/25/wayne-brody-on-misplaced-values-and-how-to-spot-a-compliant-culture/

3. The ‘Recombinant’ Nature of Digital Innovations

http://blogs.wsj.com/cio/2014/08/22/the-recombinant-nature-of-digital-innovations/

TMT

1. European media bet on tech start-ups

http://www.ft.com/intl/cms/s/0/4e8abfa0-2958-11e4-8b81-00144feabdc0.html#axzz3BODmuAqh

2. 7 Creative Elements of Successful Online Ads: Call to action

http://www.businessinsider.sg/7-creative-elements-successful-online-ads/#.U_ryi_mSxqU

3. (China/Tech) – Coolpad Abandons Gold Phone Casing Amid China’s Anti-Graft Push

http://blogs.wsj.com/digits/2014/08/25/coolpad-abandons-gold-phone-casing-amid-chinas-anti-graft-push/

4. (China/Tech) – Huawei Is Shaking Up the Smartphone Market; Richard Yu, head of Chinese firm’s consumer business group, talks about competing against Samsung and Apple

http://online.wsj.com/articles/huawei-is-shaking-up-the-smartphone-market-1408908924

5. (India/Tech) – The next Alibaba may come from…India?

http://fortune.com/2014/08/25/the-next-alibaba-may-come-from-india/

6. (China/Media) – China’s Movie Industry: All That Glitters Isn’t Gold

http://www.forbes.com/sites/ceibs/2014/08/24/chinas-movie-industry-all-that-glitters-isnt-gold/print/

Consumer

1. (India/Consumer) – The rise and rise of Indian fashion; Indian designers are blending modern and traditional influences to woo a global market

http://www.ft.com/intl/cms/s/0/bf5221da-246f-11e4-ae78-00144feabdc0.html#axzz3BODmuAqh

Energy

1. (China/Energy) – Sinopec Doesn’t Fill Investors’ Tanks

http://online.wsj.com/articles/sinopec-doesnt-fill-investors-tanksheard-on-the-street-1408966736

Morning Bamboo Insight: 26 Aug 2014

Morning Bamboo Insight: 26 Aug 2014

Macro

1. Deepening rivalries test German luxury car dominance

http://www.reuters.com/article/2014/08/24/us-autos-premiums-idUSKBN0GO05G20140824

2. Companies sitting on a mountain of cash – US$7 trillion

http://www.thestar.com.my/Business/Business-News/2014/08/25/Companies-sitting-on-a-mountain-of-cash-Corporates-worldwide-have-amassed-US7-trillion/

3. Is Buying a Franchise Riskier Than Ever? Critics Say It’s Harder to Know What You’re Getting Into-and Easier to Fail Once You’re In

http://online.wsj.com/articles/is-buying-a-franchise-riskier-than-ever-1408912041?mod=WSJ_hpp_sections_smallbusiness

4. Ice bucket challenge may change nonprofit world; ALS charity drive chalks up quick $53.3 million, gives groups new avenue for donors

http://www.japantimes.co.jp/news/2014/08/23/business/ice-bucket-challenge-may-change-nonprofit-world/#.U_qZ2_mSxqU

5. A “Black Monday” descended on the virtual currency market on Aug. 18 as virtual currencies crashed at major marketplaces worldwide

http://www.wantchinatimes.com/news-subclass-cnt.aspx?id=20140825000020&cid=1203

Asia Pacific

1. (Auto/Japan) – Coming apart: regulators’ sweep threatens auto parts business model

http://www.reuters.com/article/2014/08/24/autos-antitrust-parts-idUSL4N0QR1HU20140824

2. (Isia/Msia) – Indonesian president-elect seeks new investments from Malaysia

http://www.thestar.com.my/Business/Business-News/2014/08/25/Indonesian-president-elect-seeks-new-investments/

3. (HK) – Decision Time for Hong Kong; As Beijing refuses to grant democracy, the city’s mood is volatile

http://online.wsj.com/articles/decision-time-for-hong-kong-1408896112

4. (Isia) – Jokowi’s ‘Man of the People’ Approach Cramped by Presidential Guards

http://www.thejakartaglobe.com/news/jokowis-man-people-approach-cramped-presidential-guards/

5. (Isia/India) – India’s Presence in Indonesia Continues to Stand Out; Cultural Crossroad: Against the backdrop of Modi and Jokowi rising to power, ethnic Indians reflect on life in Indonesia

http://www.thejakartaglobe.com/news/indias-presence-indonesia-continues-stand/

6. (Isia) – Uchida Switches Gears on Honda’s Target Market; “Indonesia is a very different market, compared to India or China. Here, passenger cars account for 80% of the market, so we need to implement a special strategy as well”

http://www.thejakartaglobe.com/business/uchida-switches-gears-hondas-target-market/

7. (Japan) – Japan’s universities can’t win; in view of the disparity in professors’ pay between Jap and American uni, elevating Jap unis’ global rankings simply by bringing in outstanding “foreign talent” is a castle in the sky

http://www.japantimes.co.jp/opinion/2014/08/24/commentary/japan-commentary/japans-universities-cant-win/#.U_qZ9_mSxqU

8. (Korea) – Breaking the deadlock; Korea’s corrupt and incompetent political and administrative systems were behind the sinking of the Sewol ferry

http://www.koreatimes.co.kr/www/news/opinon/2014/08/202_163468.html

9. (Korea) – South Korean central bank faces difficulty in keeping independence amid political pressure

http://news.xinhuanet.com/english/indepth/2014-08/24/c_133580439.htm

1. The Tax Office is cracking down on the black economy, targeting businesses that are not declaring cash revenues, from restaurants through to home cleaners, in a bid to bring billions of dollars back into the tax net

http://www.theage.com.au/business/the-economy/ato-cracking-down-on-cash-economy-20140825-1082c9.html

1. (China) – Hunan gov’t debt so high people use IOUs as currency

http://www.wantchinatimes.com/news-subclass-cnt.aspx?id=20140825000019&cid=1203

2. (China) – China’s milk industry sounds alarm as import bombs fly

http://www.wantchinatimes.com/news-subclass-cnt.aspx?id=20140825000012&cid=1202

3. (China) – Foxconn, BAIC Motor to launch electric car rental service

http://www.wantchinatimes.com/news-subclass-cnt.aspx?cid=1206&MainCatID=12&id=20140825000016

4. (Korea) – Korean firms with over 200% debt-to-equity ratio to face mandatory outside auditors

http://news.mk.co.kr/english/newsRead.php?sc=30800016&cm=Finance&year=2014&no=1128570&selFlag=sc&relatedcode=&wonNo=&sID=308

5. (HK/China) – Building blocks of mass discontent in HK; Mainland money reminds locals that they have never been in control

http://www.ft.com/intl/cms/s/2/d5b0320a-2951-11e4-baec-00144feabdc0.html#axzz3BOAD4xv4

Life

1. How to Get Girls Into Engineering? Let Them Build Toys; Two Women Launch a Startup Aimed at Giving Girls New Options (and Maybe New Futures)

http://online.wsj.com/articles/how-to-get-girls-into-engineering-let-them-build-their-own-toys-1408912053?mod=Tech_newsreel_4

2. How an Entrepreneur’s Passion Can Destroy a Startup; Strong Feelings Can Lead Founders to Make Bad Choices at the Worst Times. Here’s What to Watch For

http://online.wsj.com/articles/how-an-entrepreneur-s-passion-can-destroy-a-startup-1408912044?mod=WSJ_hpp_sections_smallbusiness

3. At 91, Marvel creator Stan Lee continues to expand his Universe

http://www.reuters.com/article/2014/08/19/us-film-stanlee-idUSKBN0GJ0SL20140819

4. 20 Essential Life Lessons For Happiness And Success

http://www.forbes.com/sites/laurashin/2014/08/18/20-essential-life-lessons-for-happiness-and-success/print/

5. Who Made Those Bluejeans? In 1853, during the heart of the gold rush, a Bavarian émigré named Levi Strauss arrived in San Francisco from New York, looking to expand his family’s East Coast dry-goods

http://www.nytimes.com/2014/08/24/magazine/who-made-those-bluejeans.html?ref=economy

6. Book Review of The Outsiders; Decentralized organizations release entrepreneurial energy and keep both costs and “rancor” down.

http://www.cleareyesinvesting.com/2014/08/book-review-of-outsiders.html

7. Peculiar Habits of Incredibly Successful People

http://www.fool.com/investing/general/2014/08/22/peculiar-habits-of-incredibly-successful-people.aspx

8. 6 Things The Most Organized People Do Every Day

http://www.bakadesuyo.com/2014/08/most-organized-people/

TMT

1. (China/Tech) – China targets own operating system to take on likes of Microsoft, Google

http://news.asiaone.com/print/news/asia/china-targets-own-operating-system-take-likes-microsoft-google

2. (China/Tech) – Robot Wars: Why China Is Outmanned in Electronics Automation; Pegatron, Foxconn Contend With Short Product Life of Making Phones and Other Low-Margin Items

http://online.wsj.com/articles/robot-wars-why-china-is-outmanned-in-electronics-automation-1408902804

3. (China/Tech) – How Your Laptop Is Made in China

http://blogs.wsj.com/digits/2014/08/24/how-your-laptop-is-made-in-china/

4. (China/Tech) – China Says Qualcomm Is Willing to Resolve Dispute; Qualcomm Is Target of Antimonopoly Probe by Chinese Regulators

http://online.wsj.com/articles/china-says-qualcomm-is-willing-to-resolve-dispute-1408705724

5. It’s Time to Take Artificial Intelligence Seriously; No Longer an Academic Curiosity, It Now Has Measurable Impact on Our Lives

http://online.wsj.com/articles/its-time-to-take-artificial-intelligence-seriously-1408922644

6. Outgoing SEC CIO Finalizes Big Data Platform

http://blogs.wsj.com/cio/2014/08/22/outgoing-sec-cio-finalizes-big-data-platform/

7. Bearing Down on Data Upstarts; Box, Dropbox and Hightail Pivot to New Business Models

http://www.nytimes.com/2014/08/25/technology/box-dropbox-and-hightail-pivot-to-new-business-models.html?ref=business&_r=0

8. Its Edge Intact, Vice Is Chasing Hard News; Vice is deadly serious about doing real news that people, even young people, will actually watch

http://www.nytimes.com/2014/08/25/business/media/its-edge-intact-vice-is-chasing-hard-news-.html?ref=business

9. Klarna, an Online Payment System Popular in Europe, Eyes Global Expansion

http://www.nytimes.com/2014/08/25/technology/klarna-an-online-payment-system-popular-in-europe-eyes-global-expansion.html?ref=business

1. Patent trolls as the new rentier class

http://ftalphaville.ft.com/2014/08/20/1938042/patent-trolls-as-the-new-rentier-class/

Consumer

1. McDonald’s Faces ‘Millennial’ Challenge; Customers in Their 20s and 30s Are Defecting to Fast-Casual Restaurants Like Chipotle, Five Guys

http://online.wsj.com/articles/mcdonalds-faces-millennial-challenge-1408928743?tesla=y&mg=reno64-wsj&url=http://online.wsj.com/article/SB10001424052702304414104580094022609496714.html

2. Burger King is in talks to buy Canada’s Tim Horton’s, in order to create an $18 billion company with an artificially low tax bill.

http://fortune.com/2014/08/24/burger-king-in-talks-for-a-whopper-of-a-deal/

3. Dollar stores in battle to double down on the poor

http://www.reuters.com/article/2014/08/24/us-familydollar-offer-poverty-analysis-idUSKBN0GO0E020140824

Healthcare

1. Health Care: Sound Of Innovation

http://www.forbes.com/sites/richkarlgaard/2014/08/20/health-care-sound-of-innovation/

Investing Process

1. Berkshire Sees Green With Geico: The Geico gecko has helped to sell millions of policies for the Berkshire Hathaway-owned auto insurer and made it one of the conglomerate’s most consistent profit drivers

http://online.wsj.com/articles/berkshire-sees-green-with-geico-1408916799

Energy

1. (China/Energy) – Drivers Won’t Get China Oil Market’s Engine Racing; Petroleum Use Is Starting to Reflect a Fundamental Change

http://online.wsj.com/articles/heard-on-the-street-drivers-wont-get-china-oil-markets-engine-racing-1408903494

Morning Bamboo Insight: 25 Aug 2014

Morning Bamboo Insight: 25 Aug 2014

Macro

1. Auditors under increased scrutiny as PwC fined US$25M for ‘improperly altered’ report

http://business.financialpost.com/2014/08/18/auditors-under-increased-scrutiny-as-pwc-fined-us25m-for-improperly-altered-report/

2. When creative destruction becomes creative devastation

http://ftalphaville.ft.com/2014/08/22/1938291/when-creative-destruction-becomes-creative-devastation/

Asia Pacific

1. (Isia) – New face of Indonesian politics: ST interviews Jokowi

http://news.asiaone.com/print/news/asia/new-face-indonesian-politics-st-interviews-jokowi

2. (Isia) – All Cabinet decisions will be made by me, says Jokowi

http://news.asiaone.com/print/news/asia/all-cabinet-decisions-will-be-made-me-says-jokowi

3. (China) – China juices liquidity, and risk, at OTC exchange

http://www.reuters.com/article/2014/08/21/us-china-markets-otc-idUSKBN0GL26920140821

4. (Isia) – Behind Indonesia mining deal, newly minted minister and U.S. mining legend

http://www.reuters.com/article/2014/08/24/us-indonesia-mining-insight-idUSKBN0GO01F20140824

5. (China) – Premium baijiu brands bemoan loss of official patronage

http://www.wantchinatimes.com/news-subclass-cnt.aspx?id=20140823000073&cid=1503

6. (China) – Zhongyi Jihang owners flee with RMB2bn of investors’ money

http://www.wantchinatimes.com/news-subclass-cnt.aspx?id=20140824000003&cid=1206

7. (China) – Auto brands cut spare part prices in China amid probes

http://www.wantchinatimes.com/news-subclass-cnt.aspx?id=20140824000002&cid=1202

8. (China) – China’s Fire Next Time; unless officials stem the rise in corporate leverage, economic crisis is inevitable

http://www.project-syndicate.org/print/yu-yongding-warns-that-unless-officials-stem-the-rise-in-corporate-leverage–economic-crisis-is-inevitable

9. (China) – How A Chinese Meat Processor Survives the Shanghai Husi Scandal

http://www.forbes.com/sites/ywang/2014/08/21/how-a-chinese-meat-processor-survives-the-shanghai-husi-scandal/print/

1. Isia) – If Jokowi’s supporters thought that Constitutional Court ruling had removed the final obstacle standing between their man and the State Palace, they had underestimated the ability of Isian law to throw in one last Kafkaesque twist.

http://www.thejakartaglobe.com/news/extra-time-jokowis-presidency-still-settled/

1. (Japan/Korea) – Japan outdoes Korea in self-made billionaires

http://business.asiaone.com/print/news/japan-outdoes-korea-self-made-billionaires

Life

1. How to speak the language of thought; We are now beginning to crack the brain’s code, which allows us to answer such bizarre questions as “what is the speed of thought?”

http://www.bbc.com/future/story/20140815-how-do-thoughts-form?utm_source=farnamstreet&utm_medium=email

2. Edward Tufte Wants You to See Better; “if you’re told what to look for, you can’t see anything else.”

http://www.npr.org/2013/01/18/169708761/edward-tufte-wants-you-to-see-better

3. How To Think

http://www.farnamstreetblog.com/2014/02/how-to-think/

4. Jobs: “Creativity is connecting things. When you ask creative people how they did something, they feel a little guilty because they didn’t really do it, they just saw something. That’s because they were able to connect experiences and synthesize”

http://www.farnamstreetblog.com/2014/08/steve-jobs-on-creativity/

5. Lincoln on Leadership: The probability that we may fall in the struggle ought not to deter us from the support of a cause we believe to be just.

http://www.farnamstreetblog.com/2014/08/lincoln-on-leadership/

6. Books – The Language Instinct: How the Mind Creates Language

http://www.amazon.com/exec/obidos/ASIN/0061336467

7. Books – Martians of Science: Five Physicists Who Changed the Twentieth Century

http://www.amazon.com/exec/obidos/ASIN/0195365569/

8. Books – Getting It Done: How to Lead When You’re Not in Charge

http://www.amazon.com/exec/obidos/ASIN/0887309585/

9. Books – Distant Force: A Memoir of the Teledyne Corporation and the Man Who Created It

http://www.amazon.com/exec/obidos/ASIN/097913630X/

1. Books – Hard Drive: Bill Gates and the Making of the Microsoft Empire

http://www.amazon.com/exec/obidos/ASIN/0887306292/farnamstreet-20

1. Books – Judgment in Managerial Decision Making

http://www.amazon.com/exec/obidos/ASIN/1118065700/

2. Books – The Blind Watchmaker: Why the Evidence of Evolution Reveals a Universe without Design

http://www.amazon.com/The-Blind-Watchmaker-Evidence-Evolution/dp/product-description/0393315703/

3. Mortal Inspiration from the Gods of Venture Capital

http://www.institutionalinvestor.com/Popups/PrintArticle.aspx?ArticleID=3372018

4. Books – Fortune’s Formula: The Untold Story of the Scientific Betting System That Beat the Casinos and Wall Street

http://www.amazon.com/Fortunes-Formula-Scientific-Betting-Casinos/dp/product-description/0809045990/

5. A Dozen Things I’ve Learned from Paul Graham

http://25iq.com/2014/08/16/a-dozen-things-ive-learned-from-paul-graham-2/

6. 108-year-old investor: ‘I doubled my money in 1929 crash – and I’m still winning’

http://www.telegraph.co.uk/finance/personalfinance/investing/11048689/108-year-old-investor-I-doubled-my-money-in-1929-crash-and-Im-still-winning.html

7. Writing a Bigger Book: Joel Greenblatt, manager of Gotham Asset Management and author of The Little Book That Beats the Market, diversifies much more in his newest fund offerings

http://online.barrons.com/news/articles/SB50001424127887324616904580108330021565828?mod=BOL_hp_mag

TMT

1. (China/Tech) – China’s top oil refiner Sinopec announced that it will cooperate with e-commerce website Yhd.com to expand its online-to-offline (O2O) business.

http://www.wantchinatimes.com/news-subclass-cnt.aspx?id=20140823000085&cid=1206

2. (China/Tech) – Alibaba’s online financial service Zhaocaibao generates RMB11bn since April

http://www.wantchinatimes.com/news-subclass-cnt.aspx?id=20140823000030&cid=1203

3. (China/Tech) – Illegal P2P car-sharing in China attracts venture capital

http://www.wantchinatimes.com/news-subclass-cnt.aspx?id=20140824000024&cid=1202

4. Nothing to hide, everything to fear: Digital Reasoning is using military-grade tech to help banks sense trouble before it happens

http://fortune.com/2014/08/14/digital-reasoning-cognitive-computing/

Consumer

1. Rethinking Eating: Start-ups are engineering “meat” and “eggs” from pulverized plant compounds

http://www.nytimes.com/2014/08/24/sunday-review/rethinking-eating.html?ref=opinion

2. “We’re Glad to Have You Here”; Arne Sorenson, the first outsider to lead Marriott International, sees enormous opportunities to tap the travel boom in the developing world

http://online.barrons.com/news/articles/SB50001424127887324616904580099770163197284

Healthcare

1. (India/Healthcare) – India reviews state hospitals to end widespread corruption

http://www.reuters.com/article/2014/08/23/us-india-health-corruption-idUSKBN0GN0HM20140823

2. The billionaire founder of Biovail Corp and Ottawa Senators owner alleges Valeant is ‘a house of cards’ masquerading as a Canadian company to dodge U.S. taxes

http://business.financialpost.com/2014/08/23/billionaire-eugene-melnyk-im-a-whistleblower-on-tax-allegations-against-valeant/

Investing Process

1. Has Creative Destruction Become More Destructive?

http://papers.nber.org/tmp/57744-w20379.pdf

Morning Bamboo Insight: 24 Aug 2014

Morning Bamboo Insight: 24 Aug 2014

Macro

1. Scrabble strategy in expansion: Countries that have a greater variety of capabilities can make more diverse and complex goods, just as a Scrabble player who has more letters can generate more and longer words

https://www.project-syndicate.org/print/ricardo-hausmann-asks-why-growth-rates-are-converging-among-some-countries-and-diverging-among-others

2. The Decline and Fall of Fund Managers

http://blogs.wsj.com/moneybeat/2014/08/22/the-decline-and-fall-of-fund-managers/

Asia Pacific

1. (China) – China juices liquidity, and risk, at OTC exchange

http://www.reuters.com/article/2014/08/21/us-china-markets-otc-idUSKBN0GL26920140821

2. (Isia) – Foreign ownership in Indonesian insurance firms to be capped

http://www.thejakartapost.com/news/2014/08/22/foreign-ownership-insurance-firms-be-capped.html

3. (Asean) – SOEs need more flexibility to compete in ASEAN single market

http://www.thejakartapost.com/news/2014/08/22/soes-need-more-flexibility-compete-asean-single-market.html

4. (Asean/Isia) – Asean needs to be more engaged with Indonesia

http://www.thestar.com.my/Opinion/Columnists/Comment/Profile/Articles/2014/08/23/Asean-needs-to-be-more-engaged-with-Indonesia-The-election-of-Jokowi-presents-a-great-opportunity-fo/

5. (Msia) – Don’t be fooled by the high trading volume in Malaysia

http://www.thestar.com.my/Business/Business-News/2014/08/23/Dont-be-fooled-by-the-high-trading-volume/

6. (Msia/Isia) – Indonesia dream for Malaysia in jeopardy; Bittersweet experiences for Malaysian investors

http://www.thestar.com.my/Business/Business-News/2014/08/23/Indonesia-policy-risk-Various-stringent-rules-and-conditions-for-foreign-investors-are-being-propose/

http://www.thestar.com.my/Business/Business-News/2014/08/23/Bittersweet-experiences-for-Malaysian-investors/

7. (China) – In China, Movies With Live, Pop-Up Comments; Will a new ploy lure audiences or wreck the movie-going experience?

http://online.wsj.com/articles/in-china-movies-with-live-pop-up-comments-1408751208?tesla=y&mg=reno64-wsj&url=http://online.wsj.com/article/SB10001424052970203679204580105842075708582.html

8. (China) – Shanghai Chocolate Factory Looks a Lot Like Willy Wonka’s

http://blogs.wsj.com/chinarealtime/2014/08/22/shanghai-chocolate-factory-looks-a-lot-like-willy-wonkas/

9. (Myanmar) – Foreign Investors Rethink Enthusiasm on Myanmar’s Aviation Sector; ANA’s Cancellation of Deal With Asian Wings Exemplifies Fading Interest

http://online.wsj.com/articles/foreign-investors-rethink-enthusiasm-on-myanmars-aviation-sector-1408709881

1. (China) – “Can you front run it? Sure.” New China Stocks Link Seen Carrying Risks; Mainland Rules, Technology Raise Concerns

http://online.wsj.com/articles/china-stocks-link-seen-posing-risks-1408689373

1. (China) – China’s Corporate Reform is Mixed Up; China is trying again to shake up its stodgy state-owned enterprises. Investors are right to ask whether these moves are truly transformative.

http://online.wsj.com/articles/chinas-corporate-reform-is-mixed-up-heard-on-the-street-1408696605

Life

1. What started to change in the 17th century was not technological or institutional, but change in the ideas about the dignity of commercial pursuits – a change in rhetoric, or words about economic activities

http://theconversation.com/speak-well-of-the-bourgeois-and-prosper-29824

2. Book Review: ‘Pericles of Athens’ by Vincent Azoulay; Thucydides praised Pericles for his ability to tame and control the wild beast of democracy

http://online.wsj.com/articles/book-review-pericles-of-athens-by-vincent-azoulay-1408742324

3. New Ways to Predict Which Marriages Will Succeed; The More Subconscious Negativity in a Newlywed, the Larger the Decline in Marital Satisfaction Four Years Later

http://online.wsj.com/articles/new-ways-to-predict-which-marriages-will-succeed-1408636006

4. Everyone’s an Amateur When It Comes to Negotiation; Executives Master the Art of Business Deals, But Some Don’t Bargain Well for Themselves

http://online.wsj.com/articles/negotiation-tips-for-executives-1408718237

5. 7 Things College Freshmen Should Do Right Now To Be Successful In Life

http://www.businessinsider.sg/things-college-freshmen-should-do-2014-8/#.U_azb_mSxqU

6. What 13 Successful People Do Before Going To Bed

http://www.businessinsider.sg/what-successful-people-do-before-bed-2014-8/#.U_a0tfmSxqU

7. 5 Inspiring TED Talks You Can Watch In Under 5 Minutes

http://www.businessinsider.sg/best-ted-talks-under-five-minutes-2014-8/#.U_az4_mSxqU

TMT

1. Outgoing SEC CIO Finalizes Big Data Platform

http://blogs.wsj.com/cio/2014/08/22/outgoing-sec-cio-finalizes-big-data-platform/

2. Why Silicon Valley Will Continue to Rule the Tech Economy; Human talent and research and design labs are arriving to dominate the new era of devices.

http://online.wsj.com/articles/michael-malone-why-silicon-valley-will-continue-to-rule-the-tech-economy-1408747795

3. Apple iPhone 6 screen snag leaves supply chain scrambling

http://www.reuters.com/article/2014/08/22/us-apple-iphone-idUSKBN0GM0N620140822?feedType=RSS&feedName=technologyNews

4. Amazon Prepares Online Advertising Program; Retailer Developing Ad Sales Program in a Challenge to Google and Microsoft

http://online.wsj.com/articles/amazon-preps-a-challenge-to-googles-ad-business-1408747979

5. Here’s Proof That Every Startup Idea You’ve Ever Had, Craigslist Already Does

http://www.businessinsider.sg/craigslist-versus-startups-chart-2014-8/#.U_a1OPmSxqU

6. (China/Tech) – Amazon takes aim at Chinese rivals in Shanghai’s free-trade zone

http://www.ft.com/cms/s/0/2da0d2c8-2905-11e4-8b81-00144feabdc0.html#axzz3B5PgDQeJ

Consumer

1. Meet Mr. Frankenfood: Monsanto’s COO Brett Begemann, the son of a farmer, explains why genetically modified food is safe-and essential to feed a hungry planet

http://online.wsj.com/articles/meet-mr-frankenfood-1408748277

Investing Process

1. Research – Charles Ellis: The Rise and Fall of Performance Investing

http://www.cfainstitute.org/learning/products/publications/faj/Pages/faj.v70.n4.4.aspx?intCamp=$topic42%20

2. 30 Years Of Accounting Lessons: Penman, Piotroski, Beneish, And More

http://www.sdeklerck.be/blog/

Morning Bamboo Insight: 22 Aug 2014

Morning Bamboo Insight: 22 Aug 2014

Macro

1. Morningstar: A force to be reckoned with; The research firm’s rating system gives it great power to influence the $30tn mutual fund industry

http://www.ft.com/intl/cms/s/0/e02d2768-22d2-11e4-8dae-00144feabdc0.html#axzz3Aev2BZOm

2. Leaky repo deals present new concerns

http://www.ft.com/intl/cms/s/0/021db5ba-224f-11e4-a828-00144feabdc0.html#axzz3Aev2BZOm

3. Emperors who seem above the rules must be reined in

http://www.ft.com/intl/cms/s/0/858ac752-23db-11e4-86fc-00144feabdc0.html#axzz3Aev2BZOm

4. World’s Biggest Wealth Fund Slows Emerging Market Investment

http://www.bloomberg.com/news/print/2014-08-20/world-s-biggest-wealth-fund-slows-investment-in-emerging-markets.html

5. Blackstone Finds a Way to Outsource ‘Skin in the Game’

http://dealbook.nytimes.com/2014/08/21/blackstone-finds-a-way-to-outsource-skin-in-the-game

Asia Pacific

1. (China) – Property crisis in Shaanxi’s Shenmu sees fortunes evaporate

http://www.wantchinatimes.com/news-subclass-cnt.aspx?id=20140817000076&cid=1503

2. (China) – Rising number of real estate investors default in China

http://www.wantchinatimes.com/news-subclass-cnt.aspx?id=20140817000030&cid=1202

3. (Spore) – Singapore in ‘mid-life crisis’ as Lee Hsien Loong marks 10 years in power

http://www.scmp.com/news/asia/article/1575046/singapore-mid-life-crisis-lee-hsien-loong-marks-10-years-power

4. (China) – China’s state-owned airlines hit turbulence

http://www.ft.com/intl/cms/s/0/be9fb564-236a-11e4-a424-00144feabdc0.html#axzz3Aev2BZOm

5. (China) – Goldman Warns Additional Chinese Stimulus Risks Global Financial Stability

http://www.zerohedge.com/news/2014-08-20/goldman-warns-additional-chinese-stimulus-risks-global-financial-stability

Life

1. ‘The System Worked: How the World Stopped Another Great Depression’, by Daniel W Drezner; Economic governance has a patchy record, but this impressive and cogent book argues that policy makers did well during the crisis

http://www.ft.com/intl/cms/s/2/8af474e0-2467-11e4-be8e-00144feabdc0.html#axzz3Aev2BZOm2

2. Books – Powers of Two: Finding the Essence of Innovation in Creative Pairs

http://www.amazon.com/Powers-Two-Finding-Innovation-Creative/dp/product-description/0544031598/

3. What We Can Learn About Business Collaboration From Famous Creative Pairs

http://250words.com/2014/08/what-we-can-learn-about-business-collaboration-from-famous-creative-pairs/

TMT

1. (China/Tech) – Xiaomi starts to feel the backlash of being ‘China’s Apple’

http://www.wantchinatimes.com/news-subclass-cnt.aspx?id=20140816000084&cid=1502

2. (Spore/Tech) – Singapore’s investment funds blaze ecommerce trail

http://www.ft.com/intl/cms/s/0/03df812e-25da-11e4-9bca-00144feabdc0.html#axzz3Aev2BZOm

3. Smartphone owners’ appetite for new apps wanes

http://www.ft.com/intl/cms/s/0/4c3e5708-2628-11e4-9bca-00144feabdc0.html#axzz3Aev2BZOm

4. (Myanmar/Tech) – Qatar-based Ooredoo became the first foreign telecommunications company to offer services in Myanmar, setting up the country to be one of the world’s first predominantly mobile-Web nations

http://online.wsj.com/articles/myanmar-phone-service-makes-leap-1408296679

5. Wearables has become a household name. Could nearables be next?

http://www.washingtonpost.com/blogs/innovations/wp/2014/08/21/wearables-has-become-a-household-name-could-nearables-be-next/

6. EBay considering PayPal spinoff: report

http://www.reuters.com/article/2014/08/21/us-ebay-divestiture-idUSKBN0GL1LY20140821?feedType=RSS&feedName=technologyNews

Commodities

1. Lanxess chief warns it must turn round or become takeover target; “But at the end of the day one recipe to remain independent is to make your company stronger, more profitable, more successful.”

http://www.ft.com/intl/cms/s/0/2d4293d0-212f-11e4-b96e-00144feabdc0.html#axzz3Aev2BZOm

Morning Bamboo Insight: 19 Aug 2014

Morning Bamboo Insight: 19 Aug 2014

Macro

1. Fears of Renewed Instability as Fed Ends Stimulus

http://www.nytimes.com/2014/08/16/business/fears-of-renewed-instability-as-fed-ends-stimulus-program.html?ref=economy

2. Inside the Dark, Lucrative World of Consumer Debt Collection

http://www.nytimes.com/interactive/2014/08/15/magazine/bad-paper-debt-collector.html?ref=business

Asia Pacific

1. (Asia) – Analysis: Promise of more keeps investors hooked on Asia’s frothy markets

http://www.reuters.com/article/2014/08/18/us-markets-asia-analysis-idUSKBN0GI02R20140818

2. (Korea) – POSCO is moving to prevent any further rise of Hyundai Steel, an affiliate of the Hyundai-Kia motor group, and has found an ally in SeAh Besteel to boost its efforts

http://www.koreatimes.co.kr/www/news/biz/2014/08/123_163066.html

3. (Isia) – Yudhoyono Delivers Swan Song to House Ahead of Independence Day

http://www.thejakartaglobe.com/news/yudhoyono-delivers-swan-song-house-ahead-independence-day/

4. (China) – China to audit government land income in corruption fight – paper

http://uk.reuters.com/article/2014/08/16/uk-china-corruption-land-idUKKBN0GG04320140816

5. (China) – China Fishes for Growth with World’s Largest Aquarium

http://www.thejakartaglobe.com/international/china-fishes-growth-worlds-largest-aquarium/

6. (Isia) – Indonesia Seeks to Cut Logistics Costs

http://www.thejakartaglobe.com/business/state-seeks-cut-logistics-costs/

7. (India) – Indian Businesses Await Changes to Raj Era Labor Laws

http://www.thejakartaglobe.com/business/indian-businesses-await-changes-raj-era-labour-laws/

8. (Isia) – Editorial: Independence From Graft and Ignorance; For hundreds of years the Dutch colonial authorities taught Indonesia’s elite how to steal the wealth of their own people

http://www.thejakartaglobe.com/opinion/editorial-independence-graft-ignorance/

9. (Isia) – Sixty-Nine Years On, Sovereignty Still Eludes Indonesia

http://www.thejakartaglobe.com/news/sixty-nine-years-sovereignty-still-eludes-indonesia/

1. (China) – Five Things China Hasn’t Changed In Five Years

http://www.forbes.com/sites/ralphjennings/2014/08/16/five-things-china-hasnt-changed-in-five-years/print/

1. (Isia) – Indonesia Lawmakers Draft Bill to Slash Foreign Ownership of Plantations

http://www.thejakartaglobe.com/business/indonesia-lawmakers-draft-bill-slash-foreign-ownership-plantations/

2. (China) – ‘Paris Syndrome’ Drives Chinese Tourists Away

http://www.bloomberg.com/news/print/2014-08-14/the-paris-syndrome-drives-chinese-tourists-away.html

3. (China) – Between Truth and TV: China’s New Deng Xiaoping-Inspired Miniseries

http://blogs.wsj.com/chinarealtime/2014/08/18/between-truth-and-tv-chinas-new-deng-xiaoping-inspired-miniseries/

4. (Spore) – Singapore to Revise Parts of Pension Plan Amid Retirement Concerns; Government Wants to Give Pensioners More Flexibility in How They Tap Savings

http://online.wsj.com/articles/singapore-to-revise-parts-of-pension-plan-amid-retirement-concerns-1408300084

5. (China) – China Pushes Cleanup of Banks; Top Four Lenders Are Raising Capital and ‘Bad Banks’ Are Being Created to Absorb Soured Loans

http://online.wsj.com/articles/china-pushes-cleanup-of-banks-1408299591

6. (China) – Chinese Officials Rush to Sell Luxury Homes Amid Corruption Crackdown; Real-Estate Agents Say Bureaucrats Are Selling Homes at Steep Discounts

http://online.wsj.com/articles/chinese-officials-fearing-scrutiny-amid-a-crackdown-on-graft-rush-to-sell-luxury-homes-1408316680

7. (China) – China Contagion: Diamonds & Wine Plunge To 4-Year Lows

http://www.zerohedge.com/news/2014-08-17/china-contagion-diamonds-wine-plunge-4-year-lows

8. (Asia) – Across Asia’s borders, labor activists team up to press wage claims

http://www.reuters.com/article/2014/08/17/us-asia-labour-idUSKBN0GH0R720140817

9. (India) – India’s Hindu nationalists tighten grip over ruling party

http://news.asiaone.com/print/news/asia/indias-hindu-nationalists-tighten-grip-over-ruling-party

Life

1. No Rest For The Innovators

http://techcrunch.com/2014/08/16/no-rest-for-the-innovators/

2. 6 Things The Happiest Families All Have In Common

http://www.bakadesuyo.com/2014/08/happiest-families/

3. Local comedians share about their battles with depression

http://yourhealth.asiaone.com/print/content/local-comedians-share-about-their-battles-depression

4. Swire Pacific Grooms Talent for the Long Term; Hong Kong firm, which controls Cathay Pacific, develops leaders with the next 200 years in mind.

http://online.wsj.com/articles/swire-pacific-grooms-talent-for-the-long-term-1408300737

5. Books – Nonzero: The Logic of Human Destiny

http://www.amazon.com/exec/obidos/ASIN/0679758941

6. Henry Miller on Turning 80, Fighting Evil, And Why Life is the Best Teacher

http://www.farnamstreetblog.com/2014/08/henry-miller-on-turning-eighty/

7. 21 of Bill Clinton’s Favorite Books

http://www.farnamstreetblog.com/2014/08/bill-clinton-favorite-books/

8. Building Blocks and Innovation; Most innovation comes from combining well-established building blocks in new ways; “For most who are heavily engaged in creative activities, metaphor and model lie at the centre of their activities.”

http://www.farnamstreetblog.com/2013/01/building-blocks-and-innovation/

TMT

1. Reprogramming Government: A Conversation With Mikey Dickerson who helped build Google’s computer systems. Now he’s in Washington, tasked with remaking the way the government uses computers and how citizens engage with it online

http://bits.blogs.nytimes.com/2014/08/17/reprogramming-government-a-conversation-with-mikey-dickerson/?_php=true&_type=blogs&ref=technology&_r=0

2. For ‘Big Data’ Scientists, Hurdle to Insights Is ‘Janitor Work’; The analysis of giant data sets promises unique business insights, but much manual effort is still required to prepare the information for parsing

http://www.nytimes.com/2014/08/18/technology/for-big-data-scientists-hurdle-to-insights-is-janitor-work.html?ref=business

3. In Silicon Valley, Mergers Must Meet the Toothbrush Test; Companies like Google, Facebook and Cisco Systems are using internal teams to handle most acquisitions instead of relying on Wall Street bankers

http://dealbook.nytimes.com/2014/08/17/in-silicon-valley-mergers-must-meet-the-toothbrush-test/?ref=business

4. Can Bigcommerce become the next big name in e-commerce?

http://fortune.com/2014/08/15/can-bigcommerce-become-the-next-big-name-in-e-commerce/ http://fortune.com/2014/08/15/can-bigcommerce-become-the-next-big-name-in-e-commerce/

5. Following an unprecedented series of spinoffs by major US media companies, the print news industry now faces a rocky future without financial support from deep-pocketed parent firms

http://www.thestar.com.my/Business/Business-News/2014/08/18/Bumpy-road-ahead-for-US-print-news-industry-Corporate-breakups-leave-newspaper-firms-without-financ/

Consumer

1. (Korea/Consumer) – Private equities have hearty appetite for Korean food companies

http://www.koreatimes.co.kr/www/news/biz/2014/08/123_162934.html

2. (Japan/Consumer) – From cradle to grave, Japan’s Kewpie adapts menu to feed ageing nation

http://uk.reuters.com/article/2014/08/17/us-japan-elderly-food-idUKKBN0GH0QZ20140817

Evening Bamboo Insight: 18 Aug 2014

Evening Bamboo Insight: 18 Aug 2014

Macro

1. What’s the Key Economic Challenge of the Future?

http://blogs.wsj.com/cio/2014/08/15/whats-the-key-economic-challenge-of-the-future/

2. FASB Looks to Uncomplicate Accounting-A Little, At

http://blogs.wsj.com/cfo/2014/08/15/fasb-looks-to-uncomplicate-accounting-a-little-at-least/?mod=WSJ_hpp_sections_cfo

3. How Much U.S. Debt Does China Hold? The U.S. Isn’t Sure

http://blogs.wsj.com/economics/2014/08/15/us-treasury-unsure-exactly-how-much-us-debt-china-holds/

4. The recent move by Norges Bank Investment Management, one the world’s biggest investors that has access to Norway oil funds amounting to US$870bil, to be more transparent on its voting intention is something worth emulating

http://www.thestar.com.my/Business/Business-News/2014/08/16/Taking-a-leaf-out-of-Norways-book/

5. “Soros Put” Rises To Record: Is The Billionaire Investor Betting On Market Crash?

http://www.zerohedge.com/news/2014-08-15/soros-put-rises-record-billionaire-investor-betting-market-crash

6. All tied up: Working capital management 2014

http://www.ey.com/GL/en/Services/Transactions/EY-working-capital-management

http://www.ey.com/Publication/vwLUAssets/EY-working-capital-management-2014-all_tied_up/$FILE/EY-working-capital-management-2014-all-tied-up.pdf

http://www.valuewalk.com/2014/08/consumer-products-companies

7. Corporate founders battle boards to overturn forced exits

http://www.reuters.com/article/2014/08/15/corporate-governance-founders-feature-pi-idUSL2N0QL27D20140815

Asia Pacific

1. (Asia) – Race- and religion-based politics slows Asia’s progress

http://www.japantimes.co.jp/opinion/2014/08/15/commentary/world-commentary/race-and-religion-based-politics-slows-asias-progress/#.U-740PmSxqU

2. (Japan) – 20% in Japan willing to work under merit-based system without overtime pay: poll

http://www.japantimes.co.jp/news/2014/08/15/business/20-japan-willing-work-merit-based-system-without-overtime-pay-poll/#.U-74ufmSxqU

3. (Myanmar) – As Myanmar Opens Up to the World, Corporate Behavior Is Under Scrutiny

http://www.thejakartaglobe.com/opinion/myanmar-opens-world-corporate-behavior-scrutiny/

4. (Taiwan) – Taipei City nixes 12-year education special exam

http://news.asiaone.com/news/edvantage/taipei-city-nixes-12-year-education-special-exam

5. (India) – Almost half of India billionaires’ wealth held by 5 tycoons

http://business.asiaone.com/print/news/almost-half-india-billionaires-wealth-held-5-tycoons

6. (Isia) – Indonesian stock market not ready to join ASEAN Economic Community

http://www.thejakartapost.com/news/2014/08/15/indonesian-stock-market-not-ready-join-asean-economic-community.html

7. (India) – Honoring a Hindu God With Human Pyramids; India’s Supreme Court overturns height and age limits that a lower court imposed on a towering tradition

http://online.wsj.com/articles/honoring-a-hindu-god-with-human-pyramids-1408143955

8. (China) – China Issues Draft Rules for Property Registry; Registry Would Help Government Track Homeownership, Though Public Access Limited

http://online.wsj.com/articles/china-issues-draft-rules-for-property-registry-1408097942

9. (China) – The Great Chinese Exodus; Many Chinese are leaving for cleaner air, better schools and more opportunity. But Beijing is keeping its eye on them.

http://online.wsj.com/articles/the-great-chinese-exodus-1408120906

1. (Asean/Msia) – Malaysia is getting ready to chair Asean next year but the lack of awareness among all parties on what is in store for 2015 is worrying the Government

http://www.thestar.com.my/Opinion/Columnists/Mergawati/Profile/Articles/2014/08/14/Moving-Asean-into-the-spotlight/

1. (China) – Chinese Power Consumption Crashes: Lowest Growth In 16 Months, Tumbles 10% In Shanghai, As Much As 22% Elsewhere

http://www.zerohedge.com/news/2014-08-15/chinese-power-consumption-crashes-lowest-growth-16-months-tumbles-10-shanghai-much-2

Life

1. Can an Outside CEO Run a Family-Owned Business?

http://blogs.hbr.org/2014/08/can-an-outside-ceo-run-a-family-owned-business/

2. Lesson from Kodak’s demise: Beware of outsourcing too much of your secret sauce

http://business.financialpost.com/2014/08/15/lesson-from-kodaks-demise-beware-of-outsourcing-too-much-of-your-secret-sauce/?__lsa=7bd9-2678

3. Money Won’t Buy Your Kids a Future; It’s terrifying to send your kids out there in the world to take real risks with big potential costs. Unfortunately, it’s often even more dangerous to keep them “safe.”

http://www.bloombergview.com/articles/2014-08-13/money-won-t-buy-your-kids-a-future

4. How my little book, The Hundred-Foot Journey, became a major Hollywood film produced by DreamWorks and Harpo Films

http://blogs.barrons.com/penta/2014/08/15/helen-mirren-channeled-my-character/?mod=BOL_hp_highlight_5

5. In Life, Who Wins, the Fox or the Hedgehog?

http://online.wsj.com/articles/the-reality-behind-isaiah-berlins-fox-and-hedgehog-essay-1408144444

6. Booz Allen Hamilton CFO: Change or Fall by the Wayside

http://blogs.wsj.com/cfo/2014/08/15/booz-allen-hamilton-cfo-change-or-fall-by-the-wayside/

7. Book Review: ‘The Organized Mind’ by Daniel J. Levitin; Our minds were designed to succeed in an environment utterly unlike the information overload we now face

http://online.wsj.com/articles/book-review-the-organized-mind-by-daniel-j-levitin-1408137852

8. “Once you put people first and generate brand love, you’ll unlock the magic.” Unilever veteran’s own values gel with company’s mission

http://www.thestar.com.my/Business/Business-News/2014/08/16/Creating-brand-love-Unilever-veterans-own-values-gel-with-companys-mission/

9. Tan Sri Andrew Sheng: The importance of being moderate

http://www.thestar.com.my/Business/Business-News/2014/08/16/The-importance-of-being-moderate/

1. Buy bubbles, bet big and backache – Soros’s secrets

http://www.irishtimes.com/business/personal-finance/buy-bubbles-bet-big-and-backache-soros-s-secrets-1.1893639

TMT

1. For Its New Shows, Amazon Adds Art to Its Data

http://www.nytimes.com/2014/08/16/business/media/for-its-new-shows-amazon-adds-art-to-its-data.html?ref=business

2. (China/Tech) – Doubt Is Cast on Vetting of Deals by Alibaba; accounting issues at the film company recently acquired by Alibaba are raising questions about whether the Chinese e-commerce giant was overzealous with recent takeovers

http://dealbook.nytimes.com/2014/08/15/alibaba-discovers-suspicious-accounting-at-film-unit

3. Wayfair, the home furnishings e-commerce site, is going public at 2.2 times sales and $2 billion valuation

http://www.forbes.com/sites/abrambrown/2014/08/15/wayfair-reveals-the-inevitable-its-going-public/print/

4. The sad devolution of Discovery Channel; Discovery’s shift away from fact-based programming is part of the much larger trend of American cable channels losing their identities

http://qz.com/249615/the-sad-devolution-of-discovery-channel/

5. Erdogan Compares Social Media to ‘Murderer’s Knife’

http://www.thejakartaglobe.com/international/erdogan-compares-social-media-murderers-knife/

6. (India/Tech) – IT-Savvy India No Longer Land of ‘Snake Charmers’: Modi; “Digital India is not an elite concept anymore. We have to take broadband connectivity to every village. We have to use this idea to revolutionize health and education

http://www.thejakartaglobe.com/international/savvy-india-longer-land-snake-charmers-modi/

7. (Spore/Tech) – Singapore start-up Bubble Motion, a voice texting service, has liquidated its business, in one of the more high-profile failures of the local tech industry

http://business.asiaone.com/print/news/local-tech-start-bubble-motion-goes-liquidation

8. (China/Tech) – Alibaba unit finds possible accounting irregularities

http://www.ft.com/intl/cms/s/0/a9a5be78-2429-11e4-be13-00144feabdc0.html#axzz3AQoDd500

Consumer

1. Returning to Wal-Mart: Human Cashiers; Wal-Mart discovered after increasing the number of self-checkout systems that longer lines began forming at its staffed checkouts to deal with more complicated and time-consuming transactions

http://online.wsj.com/articles/wal-mart-pledges-to-staff-checkout-lanes-during-holidays-1408112765

2. Coca-Cola’s Monster deal turns founders into billionaires

http://www.theage.com.au/business/retail/cocacolas-monster-deal-turns-founders-into-billionaires-20140815-104g6y.html

Healthcare

1. Pervasive Medicare Fraud Proves Hard to Stop

http://www.nytimes.com/2014/08/16/business/uncovering-health-care-fraud-proves-elusive.html?ref=business

2. (Healthcare/Tech) – Fedex faces a new charge of conspiring to launder money in a U.S. criminal case over the company’s drug deliveries for rogue online pharmacies despite warnings from law enforcement.

http://www.reuters.com/article/2014/08/15/us-fedex-drugs-investigation-idUSKBN0GF1M520140815

3. How Agents Hunt for Fraud in Trove of Medicare Data; Law-Enforcement Officials Estimate Fraud Accounts for as Much as 10% of Medicare’s Yearly Spending

http://online.wsj.com/articles/how-agents-hunt-for-fraud-in-trove-of-medicare-data-1408069802

Investing Process

1. Even Warren Buffett Gets Killed in the Stock Market

http://bencarlsonyahoofinance.tumblr.com/post/94816381525/even-warren-buffett-gets-killed-in-the-stock-market

2. Web of lies: How a Spanish tech star fooled the world; Gowex’s six biggest clients worth a combined 24.5 million euros in revenue were actually linked to Marugan or trustees used by Garcia Martin

http://www.reuters.com/article/2014/08/14/us-spain-gowex-ceo-specialreport-idUSKBN0GE0R420140814

3. Why Your Cash Isn’t Trash; Cash isn’t just a return-free anchor on your portfolio. It does something other assets don’t: It lets you take advantage of future opportunities while avoiding undue risks now

http://online.wsj.com/articles/hate-earning-no-interest-heres-why-your-cash-isnt-trashreally-1408120357

4. Qualified opinion raises questions

http://www.thestar.com.my/Business/Business-News/2014/08/16/Qualified-opinion-raises-questions-Despite-a-special-audit-Compugates-have-revealed-little-about-RM3/

Energy

1. Kinder Morgan CEO Wins Big in Deal: Richard Kinder stands to collect $467 million in dividend payments next year, if his company completes a complex deal to consolidate four related pipeline companies

http://online.wsj.com/articles/kinder-morgan-ceo-wins-big-in-deal-1408145793

Morning Bamboo Insight: 18 Aug 2014

Morning Bamboo Insight: 18 Aug 2014

Macro

1. Fund managers turn gumshoe as forensic short-selling pays off; “The use of forensic accounting and investigative research techniques is noticeably increasing”

http://www.reuters.com/article/2014/08/12/us-stocks-hedgefunds-forensics-idUSKBN0GC1A120140812

Asia Pacific

1. (China) – China TV series on Deng stirs questions on political openness

http://www.reuters.com/article/2014/08/12/us-china-censorship-deng-idUSKBN0GC14N20140812

2. (India) – For some fans of new Indian leader, so far, so disappointing

http://www.reuters.com/article/2014/08/12/us-india-modi-idUSKBN0GC1YM20140812

3. (India) – India’s Economic Milestone: Maruti Rolls Out People’s Car (1983) and Exit of the MNCs (1977)

http://forbesindia.com/printcontent/38439

http://forbesindia.com/printcontent/38431

4. (China) – Winemakers, dealers eye short term investments for bigger returns

http://www.wantchinatimes.com/news-subclass-cnt.aspx?cid=1203&MainCatID=12&id=20140816000042

5. (China) – Infrastructure spending puts China’s local governments in debt

http://www.wantchinatimes.com/news-subclass-cnt.aspx?id=20140816000014&cid=1203

6. (HK/China) – Li Ka-shing and sons dump assets to cash in RMB80bn ($13bn)

http://www.wantchinatimes.com/news-subclass-cnt.aspx?id=20140815000131&cid=1102

7. (India) – India’s Homemade Food Crisis: The most significant factor – one that policymakers have long ignored – is that a high proportion of the food that India produces never reaches consumers

http://english.caijing.com.cn/20140813/3654678.shtml

8. (China) – In Emails to Employees, Gome Executives Take Aim at Online Rivals

http://english.caixin.com/2014-08-13/100716484.html

9. (China) – Analysts Wonder If China’s Trust Industry Has Reached a Tipping Point

http://english.caixin.com/2014-08-15/100717261.html

1. (Isia) – Indonesia Slowly Changes Its Attitudes toward Ethnic Chinese

http://english.caixin.com/2014-08-15/100717450.html

1. (Korea) – Park delivers speech to celebrate 69th anniversary of independence

http://news.mk.co.kr/english/newsRead.php?sc=30800001&cm=Top%20Story&year=2014&no=1100887&selFlag=&relatedcode=&wonNo=&sID=308

2. (India) – Modi prioritises factories and toilets in Independence Day speech

http://www.ft.com/intl/cms/s/0/16335128-2438-11e4-be8e-00144feabdc0.html#axzz3AX5sqtzM

Life

1. The Wisdom of the Exile; Uprooting, if we survive it, can be a philosophical gift

http://opinionator.blogs.nytimes.com/2014/08/16/the-wisdom-of-the-exile/?_php=true&_type=blogs&ref=opinion&_r=0

2. Reformers misunderstand how central human relationships are to the educational process

http://www.nytimes.com/2014/08/17/opinion/sunday/teaching-is-not-a-business.html?ref=opinion

3. Carpe diem – seize the day!

http://www.thestar.com.my/Opinion/Columnists/Sunday-Starters/Profile/Articles/2014/08/17/Carpe-diem-seize-the-day-Remember-the-living-for-we-know-not-what-tomorrow-brings/

4. Take risks and make your own luck: Five tips from self-made billionaire Michael Bloomberg

http://business.financialpost.com/2014/08/15/take-risks-and-make-your-own-luck-bloomberg/

5. Don’t Let Your Education End at Graduation; Continued Learning is Critical, and There Are Lots of Free Resources

http://online.wsj.com/articles/dont-let-your-education-end-at-graduation-1408234349

6. David Foster Wallace on Writing, Self-Improvement, and How We Become Who We Are

http://www.brainpickings.org/index.php/2014/08/11/david-foster-wallace-quack-this-way/

7. Art, Inc.: A Field Guide to the Psychology and Practicalities of Becoming a Successful Artist

http://www.brainpickings.org/index.php/2014/08/12/art-inc-lisa-congdon/

8. This Simple Strategy Can Turn Small Talk Into A Meaningful Conversation

http://www.businessinsider.sg/turn-small-talk-into-meaningful-conversation-2014-8/#.U-8FePmSxqU

9. 12 Stephen Hawking Quotes Reveal How A Genius Thinks

http://www.businessinsider.sg/stephen-hawking-quotes-2014-8/#.U-8GBvmSxqU

1. 30 Years, Warren Buffett Gave Away The Secret To Good Investing And Correctly Predicted No One Would Listen

http://www.businessinsider.sg/warren-buffett-graham-and-doddsville-lecture-2014-8/#.U-8EmfmSxqU

1. Cheating rife in financial planning

http://www.theage.com.au/business/banking-and-finance/cheating-rife-in-financial-planning-20140815-104gkn.html

2. Chocolates, Arsenal and Warren Buffett: the 10 priciest stocks in the world

http://www.theage.com.au/business/world-business/chocolates-arsenal-and-warren-buffett-the-10-priciest-stocks-in-the-world-20140815-104hkw.html

3. Lunch with the FT: Raghuram Rajan; One year on from his appointment, the man credited with spotting the last financial crisis talks about robber-baron capitalism, the Rajan rally

http://www.ft.com/intl/cms/s/2/b049ce16-230e-11e4-a424-00144feabdc0.html#axzz3AX5sqtzM

4. How to ignite the creative spark: So what inspires the ‘aha!’ moment? And can anybody set out to replicate it in other areas?

http://www.ft.com/intl/cms/s/2/3961d5a8-233d-11e4-a424-00144feabdc0.html#axzz3AX5sqtzM

5. Failure, Writing’s Constant Companion

http://opinionator.blogs.nytimes.com/2014/08/15/failure-writings-constant-companion/?_php=true&_type=blogs&ref=opinion&_r=0

TMT

1. Do You Really Need Microsoft Office Anymore? Word, Excel and PowerPoint Alternatives From Google and Apple Have Many of the Same Features, but Microsoft’s Subscription Service Comes With Perks

http://online.wsj.com/articles/do-you-really-need-microsoft-office-anymore-1407873198?mod=Tech_newsreel_1

2. (China/Tech) – Alibaba Restructures Agreements With Alipay; Move Would Give Chinese Firm Bigger Share of Earnings From Its Financial-Services Affiliate

http://online.wsj.com/articles/alibaba-restructures-agreements-with-alipay-1407880910

3. HP’s Ramon Baez on How to Be a Successful CIO

http://blogs.wsj.com/cio/2014/08/12/hps-ramon-baez-on-how-to-be-a-successful-cio/?mod=WSJ_TechWSJD_cioJournal

4. Why It’s Good to Be a “Technology Company”

http://blogs.hbr.org/2014/08/why-its-good-to-be-a-technology-company/

5. Do high valuations for Uber, Snapchat and BuzzFeed herald a new tech bubble? While some worry that overvaluation of online businesses is a warning sign, others say that this time things will be different

http://www.theguardian.com/technology/2014/aug/17/technology-bubble-uber-snapchat-buzzfeed

6. A Q&A With SmartThings CEO Alex Hawkinson After Selling To Samsung For $200M

http://techcrunch.com/2014/08/15/a-qa-with-smartthings-ceo-alex-hawkinson-after-selling-to-samsung-for-200m/

7. (Tech/China) – Shanghai surgeon operates wearing Google Glass

http://www.wantchinatimes.com/news-subclass-cnt.aspx?id=20140815000149&cid=1103

8. Valuations grow for apps that offer less and less

http://www.ft.com/intl/cms/s/0/f178898e-2482-11e4-ae78-00144feabdc0.html#axzz3AX5sqtzM

9. Book wars: Amazon’s page turner; The online retailer is accused of bullying publishers but argues its plans will aid the industry

http://www.ft.com/intl/cms/s/0/7a97f3b2-2460-11e4-be8e-00144feabdc0.html#axzz3AX5sqtzM

Consumer

1. Pity the Potato: The Humble Spud Falls From Grace in the U.S.; Consumption Declines as Americans Cook Less and Fear Carbs

http://online.wsj.com/articles/the-humble-potato-falls-from-grace-1407867055

2. Why the once worthless chicken wing is now worth billions; “It’s kind of almost like alcohol in the way they can get people to loosen up and have fun.”

http://business.financialpost.com/2014/08/16/why-the-once-worthless-chicken-wing-is-now-worth-billions/

3. P&G Bets People Will ‘Swash’ Clothes; It’s Not Laundry or Dry Cleaning, but a $500 Machine That Freshens Outfits Quickly

http://online.wsj.com/articles/p-g-bets-people-will-swash-clothes-1407883656

4. (China/Consumer) – Noodle wars: Uni-President on the ropes as Ting Hsin rolls on; The battle between the two main instant noodle producers in China sees one hemorrhaging money faster than ever

http://www.wantchinatimes.com/news-subclass-cnt.aspx?cid=1202&MainCatID=12&id=20140816000038

Healthcare

1. Bubble Market Stunner: Revenueless Biotech Goes Public, Drops, Trades For Six Days, Then Voids Entire IPO

http://www.zerohedge.com/news/2014-08-12/bubble-market-stunner-revenueless-biotech-goes-public-drops-trades-six-days-then-voi

http://online.wsj.com/articles/vascular-biogenics-says-it-didnt-go-public-after-all-1407799783

2. Cancer and the Secrets of Your Genes; We don’t know enough about which variations lead to disease

http://www.nytimes.com/2014/08/17/opinion/sunday/cancer-and-the-secrets-of-your-genes.html?ref=opinion

Commodities

1. Joseph Safra, banker seeking a slice of the banana business; The Brazilian took many aback when he set out to buy Chiquita

http://www.ft.com/intl/cms/s/0/b2be9b84-23b0-11e4-be13-00144feabdc0.html#axzz3AX5sqtzM

Morning Bamboo Insight: 17 Aug 2014

Morning Bamboo Insight: 17 Aug 2014

Macro

1. A Crisis a Century in the Making: The Arab world is still trying to sort out the unfinished business of the Ottoman Empire

http://www.nytimes.com/2014/08/11/opinion/a-crisis-a-century-in-the-making.html?ref=opinion

2. Finance: The FICC and the dead; Banks’ once-mighty trading businesses are humbled. Will a return of volatility to the markets revive them?

http://www.ft.com/intl/cms/s/0/e2e7e170-1e3e-11e4-bb68-00144feabdc0.html#axzz3A8WRQ5S3

3. Equity research undergoes big structural changes as a result of regulation, which is hitting at the investment banking model and playing into the hands of independent groups

http://www.ft.com/intl/cms/s/0/3175922a-2145-11e4-a958-00144feabdc0.html#axzz3A8WRQ5S3

4. SEC Launches Examination of Alternative Mutual Funds

http://online.wsj.com/articles/sec-has-launched-examination-of-alternative-mutual-funds-1407874463

Asia Pacific

1. (Japan) – How to profit from Japan’s ‘revolution’: An economic overhaul is underway in Japan aimed to put investors’ interests first. Can you benefit?

http://www.telegraph.co.uk/finance/personalfinance/investing/funds/11025388/How-to-profit-from-Japans-revolution.html

2. (China) – Official suicides reflect China’s “psychological pressure”

http://www.wantchinatimes.com/news-subclass-cnt.aspx?id=20140811000009&cid=1103

3. (China) – Majority of provinces refuse to lay bare number of ‘naked officials’; China is conducting a cross-country investigation of “naked officials,” with a focus on Fujian province, and will complete the task by the end of August

http://www.wantchinatimes.com/news-subclass-cnt.aspx?id=20140811000007&cid=1103

4. (China) – China’s Power Politics: Xi Jinping’s war against corruption is being conducted in a “you-die-I-live” world where losers risk forfeiting far more than their jobs

http://www.nytimes.com/2014/08/12/opinion/chinas-power-politics.html?ref=opinion&_r=0

5. (India) – A shock to Delhi’s durbar culture: Modi is discouraging his ministers from excessive socialising in the capital, lest they be seen as too cosy with special interests

http://www.ft.com/intl/cms/s/2/9f35fabc-2144-11e4-b96e-00144feabdc0.html#axzz3A8WRQ5S3

6. (Msia) – State leadership crisis could split Malaysia’s opposition

http://www.reuters.com/article/2014/08/12/us-malaysia-opposition-idUSKBN0GC0UA20140812

7. (Japan) – Drop a coin, grab a snack: Kiosk-in-a-box spreads in Japan

http://www.reuters.com/article/2014/08/12/us-japan-office-snacks-idUSKBN0GC09W20140812

8. (China) – How One Police Chief Built a Graft Network over Four Decades in Power

http://english.caixin.com/2014-08-11/100715432.html

9. (Thai) – Thai Military Rulers Look to Past For Answers on Economy; Government-Led 1980s Boom Seen as a Model

http://online.wsj.com/articles/thailands-military-rulers-look-to-past-for-solutions-to-economy-1407820419

1. (Myanmar) – Myanmar in Talks to Get First Credit Rating; Rating Could Pave Road to Eventual Debut Global-Bond Sale

http://online.wsj.com/articles/myanmar-in-talks-to-get-first-credit-rating-1407838691?mod=asia_home

1. (China) – Shanghai Prosecutor Approves Arrest of Former Bright Food Chairman; Wang Zongnan’s Arrest Is Latest Fall of Top Executive Because of Suspected Corruption

http://online.wsj.com/articles/shanghai-prosecutor-approves-arrest-of-former-bright-foods-chairman-1407839216

2. (China) – Anxiety Is Local in China’s Property Woes

http://online.wsj.com/articles/anxiety-is-local-in-chinas-property-woes-1407834397

Life

1. Korean Catholicism marked by volatile history

http://koreajoongangdaily.joins.com/news/article/article.aspx?aid=2993388&cloc=joongangdaily|home|top

2. The Funny Story Of How Robin Williams Inspired Christopher Reeve To Embrace Life

http://www.businessinsider.sg/robin-williams-made-christopher-reeve-laugh-after-paralysis-2014-8/#.U-mL-PmSxqU

3. Nassim Taleb Outlines Every Sin To Remember On One Card

http://www.businessinsider.sg/nassim-taleb-sins-to-remember-2014-8/#.U-mMWPmSxqU

4. In Scenario Planning, Shell Shows the Way; Authors Wilkinson and Kupers bring insider perspective to a model strategic approach

http://www.garp.org/risk-news-and-resources/2013/august/in-scenario-planning-shell-shows-the-way.aspx?altTemplate=PrintStory

5. Why 6 p.m. is the toughest time to be a good parent; “Gradually increasing fatigue from unremarkable activities can lead to systemic moral failure. Even ethical people can’t avoid it.”

http://www.fastcompany.com/3034269/second-shift/why-6-pm-is-the-toughest-time-to-be-a-good-parent

TMT

1. (Australia/Tech) – Online orders help Domino’s Pizza deliver sizzling result

http://www.theage.com.au/business/online-orders-help-dominos-pizza-deliver-sizzling-result-20140812-102zpu.html

2. (Korea/Tech) – Sharing economy triggers controversy in S. Korea; Kozaza, a company offering sharing accommodation at South Korea’s traditional housing Hanok, when the KTO launched the ‘Hanok Stay’ website

http://news.mk.co.kr/english/newsRead.php?sc=30800001&cm=Top%20Story&year=2014&no=1086086&selFlag=&relatedcode=&wonNo=&sID=308

3. Will 3-D Printers Change the World?

http://www.nytimes.com/roomfordebate/2014/08/11/will-3-d-printers-change-the-world?ref=opinion

4. Bridges to span Amazon’s dominance

http://www.ft.com/intl/cms/s/0/bf8ac71c-1f31-11e4-9689-00144feabdc0.html#axzz3A8WRQ5S3

5. (China/Tech) – Carlyle Invests in Chinese Classified Ad Site Ganji.com

http://dealbook.nytimes.com/2014/08/12/carlyle-invests-in-chinese-classified-ad-site-ganji-com

6. (Tech/Healthcare) – Apple prepares Healthkit rollout amid tangled regulatory web

http://www.reuters.com/article/2014/08/12/us-apple-healthcare-exclusive-idUSKBN0GC09K20140812?feedType=RSS&feedName=technologyNews

Consumer

1. (China/Consumer) – China made McDonald’s and Yum Brands give up one of their most guarded secrets

http://qz.com/247463/china-made-mcdonalds-and-yum-brands-give-up-one-of-their-most-guarded-secrets/

Healthcare

1. Tactic in Alzheimer’s Fight May Be Safe, Study Finds

http://well.blogs.nytimes.com/2014/08/11/absence-of-gene-may-help-fight-alzheimers-study-finds/?ref=health

2. How Bionic Ears Have Changed People’s Lives

http://www.businessinsider.sg/life-changing-cochlear-implants-2014-8/#.U-mMofmSxqU

Investing Process

1. The “Big Tent” of Value Investing: Approaches, Lessons, Ideas by John Mihaljevic of Manual of Ideas in Trani

http://cdn1.valuewalk.com/wp-content/uploads/2014/08/john-mihaljevic-vis14.pdf

Energy

1. Kinder Morgan’s RIch Kinder, The Man Who Made $1.5 Billion In A Morning Just Did So By Outsmarting All Of Wall Street

http://www.businessinsider.sg/rich-kinder-just-outsmarted-all-his-doubters-2014-8/#.U-mLpfmSxqU

Evening Bamboo Insight: 15 Aug 2014

Evening Bamboo Insight: 15 Aug 2014

Macro

1. Second-term presidents cost America 40 lost years; Leaders nearing the end of their time in office lose the ability to influence other actors by offering future rewards

http://www.ft.com/intl/cms/s/2/74dacab2-1e3e-11e4-ab52-00144feabdc0.html#axzz3A3IK1v5P

2. Unwary yield hunters risk liquidity trap; Sell early to avoid rush for high-yield exit as Fed QE ends

http://www.ft.com/intl/cms/s/0/1ba98a44-1d69-11e4-8b03-00144feabdc0.html#axzz3A3IK1v5P

3. Making Sense of Junk Bonds’ Funk

http://online.wsj.com/articles/ahead-of-the-tape-making-sense-of-junk-bonds-funk-1407786210

4. Welcome to the World of ‘Pension Smoothing’; New Bill Extends Provision That Allows Firms to Delay Making Pension Contributions

http://online.wsj.com/articles/welcome-to-the-world-of-pension-smoothing-1407800119

5. Easy money cannot be new norm: MAS’ Menon

http://www.businesstimes.com.sg/premium/top-stories/easy-money-cannot-be-new-norm-mas-menon-20140812

6. Erdogan: Turkey’s ‘big master’ with eye on history; Erdogan climbed from a humble youth in Istanbul to become one of the most significant but controversial leaders in the Islamic world.

http://www.afp.com/en/news/erdogan-turkeys-big-master-eye-history

7. Another risk of market crash? Warning bells ringing

http://www.thestar.com.my/Business/Business-News/2014/08/11/Another-risk-of-market-crash-RBI-governor-Raghuram-Rajan-is-concerned-investors-may-leave-emerging-m/

Asia Pacific

1. (Asean) – ASEAN moves on to final phase of implementation of Economic Community Blueprint

http://news.xinhuanet.com/english/business/2014-08/10/c_133546148.htm

2. (China) – ISIS plans to take holy war to Xinjiang

http://www.wantchinatimes.com/news-subclass-cnt.aspx?id=20140810000163&cid=1101

3. (China) – Southern Beauty forced to sell amid anti-corruption policy

http://www.wantchinatimes.com/news-subclass-cnt.aspx?id=20140811000030&cid=1206

4. (China) – China issues emergency order to freeze new cement, glass

http://in.reuters.com/article/2014/08/08/china-industry-overcapacity-idINL4N0QE3DH20140808

5. (Thai) – Tos Chirathivat, Central Group: a balancing act in Bangkok

http://www.ft.com/intl/cms/s/0/3b6cac74-141a-11e4-b46f-00144feabdc0.html#axzz3A3IK1v5P

6. (Spore) – No influx of European wealth for Singapore

http://www.ft.com/intl/cms/s/0/83f369ea-2051-11e4-890a-00144feabdc0.html#axzz3A3IK1v5P

7. (India) – The new Indian government will launch its eagerly awaited $10bn divestment plan for state companies with the sale next month of 5 per cent of Steel Authority of India (Sail), the country’s biggest steel group by volume

http://www.ft.com/intl/cms/s/0/e3e92cf4-2051-11e4-890a-00144feabdc0.html#axzz3A3IK1v5P

8. (India) – Where Are Foreigners Parking Their Portfolios in India? Non-Indian investors have long been the important swing voters of the stock market. Though they only own around 20% of the overall market their billions represent bonus money

http://blogs.wsj.com/indiarealtime/2014/08/11/where-are-foreigners-parking-their-portfolios-in-india/?mod=WSJAsia_hpp_LEFTTopStories

9. (Isia/Korea) – Hallyu boom aids Korean companies in Indonesia

http://news.asiaone.com/print/news/asia/hallyu-boom-aids-korean-companies-indonesia

1. (Thai) – Former Thai PM returns home as legal threat lingers

http://www.reuters.com/article/2014/08/11/us-thailand-politics-idUSKBN0GB0PX20140811

1. (China) – How China’s Trying to Boost Its Economy: ‘Qualitative Easing’

http://blogs.wsj.com/chinarealtime/2014/08/11/how-chinas-trying-to-boost-its-economy-qualitative-easing/

2. (Spore/Msia) – Crossing Link to Singapore From Malaysia May Cost You $20 More Due to Spat

http://www.thejakartaglobe.com/business/crossing-link-singapore-malaysia-may-cost-20-due-spat/

3. (Isia) – Heeding Concerns of the Spread of ISIS Across Indonesia

http://www.thejakartaglobe.com/opinion/heeding-concerns-spread-isis-across-indonesia/

4. (China) – Li Ka-shing, Wang Jianlin And China’s Falling Home Prices; China’s real estate billionaires have been hedging their bets in recent days by shifting their investments away from the country’s property sector

http://www.forbes.com/sites/michaelcole/2014/08/11/li-ka-shing-wang-jianlin-and-chinas-falling-home-prices/print/

5. (Japan) – Future appears bright for indoor veggie farms; Japan has seen an increasing number of firms starting veg-growing operations in factories, as they can produce pesticide-free veg with a production efficiency up to 100 times of trad farms

http://www.japantimes.co.jp/news/2014/08/11/business/tech/future-appears-bright-indoor-veggie-farms/

Life

1. Simplifying the Bull: How Picasso Helps to Teach Apple’s Style: Inside Apple’s Internal Training Program

http://www.nytimes.com/2014/08/11/technology/-inside-apples-internal-training-program-.html?ref=technology

2. The Poet, Scientist, Journalist, Boxer Approach To Entrepreneurship

http://techcrunch.com/2014/08/09/the-poet-scientist-journalist-boxer-approach-to-entrepreneurship/

3. How To Stop Being Lazy And Get More Done – 5 Expert Tips

http://www.bakadesuyo.com/2014/08/how-to-stop-being-lazy/

4. The 10 secrets to successful people’s calm

http://qz.com/246278/the-10-secrets-to-successful-peoples-calm/

5. Civil-service reform: Modernising the mandarins; Tight finances and rising expectations are remaking civil services

http://www.economist.com/news/international/21611149-tight-finances-and-rising-expectations-are-remaking-civil-services-modernising

6. How to turn every child into a “math person”

http://qz.com/245054/how-to-turn-every-child-into-a-math-person/

7. The Benefits of Lucid Dreaming; Researchers Decipher Clues From Those With Greater Awareness, Control of Behavior in Dreams

http://online.wsj.com/articles/the-benefits-of-lucid-dreaming-1407772779

8. Value in Old Guitars: The market for valuable guitars has its ups, downs and idiosyncrasies. But that’s the fun of it

http://blogs.barrons.com/penta/2014/08/11/value-in-old-guitars/?mod=BOLBlog?mod=BOL_hp_highlight_1

9. Britain’s billionaires who never went to university; These British entrepreneurs shunned university and set up shop instead – earning billions in the process. We chart how they did it

http://www.telegraph.co.uk/finance/personalfinance/fameandfortune/11003122/Britains-billionaires-who-never-went-to-university.html

TMT

1. 50 Million New Reasons BuzzFeed Wants to Take Its Content Far Beyond Lists; The viral media site will use a $50 million investment to diversify its content, expand its video arm and create an in-house incubator for new technology

http://www.nytimes.com/2014/08/11/technology/a-move-to-go-beyond-lists-for-content-at-buzzfeed.html?ref=business&_r=0

2. (Asia/Tech) – Microsoft’s emerging markets problem: Few want to pay for genuine product

http://uk.reuters.com/article/2014/08/11/uk-microsoft-emergingmarkets-idUKKBN0GA0UZ20140811

3. Origami Inspires Rise of Self-Folding Robot

http://www.nytimes.com/2014/08/08/science/a-self-folding-robot-inspired-by-origami.html?ref=science

4. (Australia/Tech) – Freelancer ‘feels like eBay in 1997’: CEO

http://www.theage.com.au/business/freelancer-feels-like-ebay-in-1997-ceo-20140811-102lyv.html

5. (China/Tech) – Alibaba’s land speculation under guise of e-commerce

http://www.wantchinatimes.com/news-subclass-cnt.aspx?id=20140810000112&cid=1102&MainCatID=0

6. (India/Tech) – India’s e-retailers gear up for turf war

http://www.ft.com/cms/s/0/d3f71204-1cbc-11e4-b4c7-00144feabdc0.html#axzz3A47Vbtg4

7. (China/Tech) – Zhongguancun, China’s iconic technology park, is to expand out of the capital under the coordinated development initiative for Beijing, Tianjin and Hebei

http://news.xinhuanet.com/english/china/2014-08/08/c_133543041.htm

8. The Logic Of Crazy Valuations

http://techcrunch.com/2014/08/10/the-logic-of-crazy-valuations/

9. (Korea/Asean/Tech) – Samsung Localizes Southeast Asia Strategy; World’s Top Smartphone Maker Uses Apps to Tailor Content, Deals to Individual Countries

http://online.wsj.com/articles/samsung-localizes-southeast-asia-strategy-1407769967

1. Two Upstarts Plot Each Other’s Demise; Uber and Lyft Also Aim to Supplant Taxi Industry

http://online.wsj.com/articles/two-tech-upstarts-plot-each-others-demise-1407800744

1. An App Like Yo Could Turn Out to Be Bigger Than Twitter; It Makes Use of Alerts, the Most Valuable Property in the Media Universe

http://online.wsj.com/articles/yo-this-app-isnt-so-dumb-1407714995

2. Internet Travel Service Priceline To Ramp Up TV Ad

http://online.wsj.com/articles/pricelines-profit-forecast-disappoints-1407756243

Consumer

1. How online retailer Novosbed is giving the mattress industry a wake-up call

http://business.financialpost.com/2014/08/09/how-online-retailer-novosbed-is-giving-the-mattress-industry-a-wake-up-call/

2. (Australia/Consumer/Tech) – Online strategy: Woolworths opens first supermarket without customers

http://www.brw.com.au/p/business/online_strategy_woolworths_opens_GaWvtasFtJaFVEvVF4dxiN

3. (Consumer/China) – Pret’s private equity owner eyes China expansion

http://www.ft.com/intl/cms/s/0/95adb964-1666-11e4-8210-00144feabdc0.html#axzz3A47Vbtg4

4. Playing P&G’s Brand Cleanup: Options investors can use a combination of puts and calls to position themselves for P&G’s divestitures

http://online.barrons.com/news/articles/SB50001424053111904329504580071540333732342

5. (Consumer/Commodities) – Going bananas: rival bidder threatens Chiquita-Fyffes $1bn inversion deal

http://www.telegraph.co.uk/finance/commodities/11026256/Going-bananas-rival-bidder-threatens-Chiquita-Fyffes-1bn-inversion-deal.html

Investing Process

1. Teachings from 50 years of investing

http://www.ft.com/intl/cms/s/0/6a0acbb8-2346-11e2-a46b-00144feabdc0.html#axzz3A8WRQ5S3

2. Misunderstanding Buffett

http://advisorperspectives.com/actions/generate_pdf.php

Energy

1. Kinder Morgan to Consolidate Empire: Gas-Pipeline Company Says Master Limited Partnerships Structure Has Become Too Unwieldy

http://online.wsj.com/articles/kinder-morgan-to-consolidate-in-70-billion-deal-1407704960

2. Brazil’s Petrobras: Tarred by corruption; An investigation into the state oil company has tarnished political reputations

http://www.ft.com/intl/cms/s/0/6d00da0c-1c7c-11e4-98d8-00144feabdc0.html#axzz3A3IK1v5P

Evening Bamboo InsightL 14 Aug 2014

Evening Bamboo InsightL 14 Aug 2014

Macro

1. Investors in junk bond funds face a Matrix moment; Liquidity and pricing have become disconnected from reality

http://www.ft.com/intl/cms/s/0/e264f1e4-1ef1-11e4-ad93-00144feabdc0.html#axzz39wvzlxuq

2. Small vs. Large Countries: Which Are More Successful?

https://www.credit-suisse.com/ch/en/news-and-expertise/research/credit-suisse-research-institute/news-and-videos.article.html/article/pwp/news-and-expertise/2014/07/en/the-success-of-small-countries.html

https://publications.credit-suisse.com/tasks/render/file/?fileID=1CC21D53-CD3A-CB77-C15AD96D67EE1210

3. Traders brace for research crackdown as easy money dries up

http://www.reuters.com/article/2014/08/10/us-brokerage-banks-regulations-idUSKBN0GA0ID20140810

4. Calpers Rethinks Its Risky Investments

http://online.wsj.com/articles/calpers-rethinks-its-risky-investments-1407710758

5. Yield Hunters’ New Tune Echoes Financial Engineering’s Past

http://online.wsj.com/articles/heard-on-the-street-yield-hunters-new-tune-echoes-financial-engineerings-past-1407697786?mod=_newsreel_3

Asia Pacific

1. (Msia) – Malaysia Builders Hit by Tax Amid Worst Slump Since 1998

http://www.thejakartaglobe.com/business/malaysia-builders-hit-tax-amid-worst-slump-since-1998/

2. (Taiwan/China) – Taiwan and China are expected to resume negotiations on reaching a merchandise trade agreement by the end of August, amid hopes of catching up with similar progress made between the mainland and South Korea

http://www.wantchinatimes.com/news-subclass-cnt.aspx?id=20140809000103&cid=1201

3. (China) – Michael Pettis On The Political Upheaval In China

http://www.valuewalk.com/2014/08/michael-pettis-political-upheaval-china/

4. (Msia) – Toll hike: Johor leaders fear impact on Iskandar

http://transport.asiaone.com/print/news/general/story/toll-hike-johor-leaders-fear-impact-iskandar

5. (China) – Food and flirting; how firms learn to live with China antitrust raids

http://www.reuters.com/article/2014/08/10/us-china-antitrust-raids-idUSKBN0GA0UX20140810

6. (HK) – High-End ‘Micro-Flats’ Latest Trend for Hong Kong Home Buyers

http://www.thejakartaglobe.com/business/property-business/high-end-micro-flats-latest-trend-hong-kong-home-buyers/

7. (Spore) – Disclosing GIC’s returns in Singapore dollars will reveal its poor performance; Since March 2009, the US dollar fell 15%; an additional $101bn CPF, excluding tens of billions in reserves, was injected into GIC from 2008 to 2013

http://www.tremeritus.com/2014/08/11/disclosing-gic%E2%80%99s-returns-in-sg-will-reveal-its-poor-performance/

8. (China) – China’s Energetic Enforcement of Antitrust Rules Alarms Foreign Firms

http://www.nytimes.com/2014/08/11/business/international/china8217s-energetic-enforcement-of-antitrust-rules-alarms-foreign-firms.html?ref=business

Life

1. A Guide for the Perplexed: Mapping the Meaning of Life and the Four Levels of Being

http://www.brainpickings.org/index.php/2014/08/05/a-guide-for-the-perplexed-schumacher/

2. Books – A Guide for the Perplexed

http://www.amazon.com/exec/obidos/ASIN/0060906111

3. Singapore succeeded in the early years because we had exceptionally bold leaders, who were unafraid of taking risks and learning from their mistakes as they fought against major odds to survive and prosper.

http://news.asiaone.com/print/news/singapore/big-idea-no-7-be-bold

4. Taking A Wait-And-See Approach With Disruptive Innovations

http://techcrunch.com/2014/08/08/taking-a-wait-and-see-approach-with-disruptive-innovations/

5. Keys to Mastery; Great learners are captivated by the process of getting better; the struggle and work itself is rewarding in its own right. As they move closer to mastery, they are more fascinated by a focus on simple fundamentals

http://adamhgrimes.com/blog/keys-mastery/

6. Books – The Organized Mind: Thinking Straight in the Age of Information Overload

http://www.amazon.com/gp/product/052595418X/

7. The Common Pattern To Procrastination

http://www.farnamstreetblog.com/2014/08/the-common-pattern-to-procrastination/

8. The Procrastination Equation: How to Stop Putting Things Off and Start Getting Stuff Done

http://www.amazon.com/exec/obidos/ASIN/0061703621

9. Here’s An Easy Way To Get People To Pay You More

http://www.businessinsider.sg/charge-more-freelancing-2014-8/#.U-bOV_mSxqU

1. Lunch with the FT: Jefferson Hack, the co-founder of ‘alternative style bible’ Dazed & Confused who talks about his digital empire – and being inspired by Playboy

http://www.ft.com/intl/cms/s/2/fc444a8a-1cab-11e4-88c3-00144feabdc0.html#axzz39wvzlxuqwa

1. 4 Strategies For Remembering Everything You Learn

http://www.businessinsider.sg/strategies-for-remembering-everything-you-learn-2014-8/#.U-bQRvmSxqU

2. No optical illusion: Obama balances world crises with golf, time off

http://www.reuters.com/article/2014/08/09/us-obama-optics-idUSKBN0G90OW20140809

3. 17 Small Productivity Habits

http://www.farnamstreetblog.com/2014/08/habit-stacking/

4. Richard Feynman’s Letter on What Problems to Solve: “No problem is too small or too trivial if we can really do something about it.”

http://www.farnamstreetblog.com/2014/08/richard-feynman-what-problems-to-solve/

5. The Ability To Focus And Make The Best Move When There Are No Good Moves

http://www.farnamstreetblog.com/2014/04/the-ability-to-focus-and-make-the-best-move-when-there-are-no-good-moves/

6. Honda’s global strategy? Go local.

http://www.washingtonpost.com/business/how-honda-makes-globalization-work/2014/08/07/b84f16be-1cd0-11e4-ab7b-696c295ddfd1_story.html?wpisrc=nl_head&wpmm=1

7. Why CEOs swear by Swatches

http://fortune.com/2014/08/10/ceos-swatches/

TMT

1. The World Of Everything-As-A-Service

http://techcrunch.com/2014/08/09/everything-as-a-service/

2. Arrogance Is Good: In Defense of Silicon Valley

http://www.businessweek.com/printer/articles/218325-arrogance-is-good-in-defense-of-silicon-valley

3. Starbucks Secret Weapon Is Machine From Sleepy Swiss Village

http://www.bloomberg.com/news/print/2014-08-05/starbucks-secret-weapon-is-machines-from-sleepy-swiss-village.html

4. (India/Tech) – The Great Indian Smartphone Shakeout

http://forbesindia.com/blog/no-wires-attached/the-great-indian-smartphone-shakeout/

5. IBM Develops a New Chip, Named TrueNorth, That Functions Like a Brain

http://www.nytimes.com/2014/08/08/science/new-computer-chip-is-designed-to-work-like-the-brain.html?ref=science&_r=0

6. (China/Tech) – Alibaba Cleans Up ‘Gray Market’ for Some Prestigious Brands; Labels That Open Tmall Stores Get Help in Curbing Unauthorized Vendors

http://online.wsj.com/articles/alibaba-cleans-up-gray-market-for-some-prestigious-brands-1407699693

7. (China/Tech) – Suit Against Alibaba Opens Window on Issue of Counterfeiting; Gucci’s Owner Said Chinese E-Commerce Firm Fostered ‘Army of Counterfeiters’

http://online.wsj.com/articles/suit-against-alibaba-opens-window-on-counterfeiting-allegations-1407714242

8. Priceline’s Success Comes at a Price

http://online.wsj.com/articles/ahead-of-the-tape-pricelines-success-comes-at-a-price-1407693823

Consumer

1. (Thai/Consumer) – How a third-generation young leader Rawit Hanutsaha revived the flagging fortunes of Srichand; Srichand’s turnaround owed much to Rawit’s decision to enter the modern-trade channel about five years ago

http://www.nationmultimedia.com/business/How-a-young-leader-revived-the-flagging-fortunes-o-30240671.html

Healthcare

1. (Isia/Healthcare) – Indonesia’s largest pharmaceutical firm Kalbe Farma to start producing cancer drugs

http://www.thejakartapost.com/news/2014/08/09/kalbe-farma-start-producing-cancer-drugs.html-0

2. The ‘bionic ear’: the couple who helped the world to hear: Ingeborg and Erwin Hochmair hope to further advance their cochlear implant credited as the first device ever to replace a sensory organ

http://www.theguardian.com/business/2014/aug/10/bionic-ear-couple-hochmairs-cochlear-implant-innovators

3. (Healthcare/Tech) – Talking healthcare tech with Humana’s CEO about the rise of big data and telemedicine and how it will impact your health care

http://fortune.com/2014/08/10/qa-humana-ceo-bruce-broussard/

Investing Process

1. Capital Allocation: Evidence, Analytical Methods, and Assessment Guidance

https://doc.research-and-analytics.csfb.com/docView?language=ENG&format=PDF&source_id=em&document_id=1036635381&serialid=dS5DGgP0K8DZZDJ4Obe7o2c3tj9TdQfSLapezyCWcwg%3d

2. 30 Years Of Accounting Lessons: Penman, Piotroski, Beneish, And More

http://www.valuewalk.com/2014/08/accounting-penman-piotroski

Commodities

1. From ‘Mr Copper’ to Lord Farmer, metals trading legend becomes British peer

http://uk.reuters.com/article/2014/08/10/us-hedgefunds-redkite-farmer-idUKKBN0GA0XW20140810

2. (China/Commodities) – Citigroup and Swiss-based trader Mercuria Energy Group are battling in a London court over payments relating to metals-backed financing arrangements in China valued at over $270 million

http://online.wsj.com/articles/citigroup-swiss-firm-wage-court-battle-over-metals-payments-1407715125

Morning Bamboo Insight: 14 Aug 2014

Morning Bamboo Insight: 14 Aug 2014

Macro

1. Mergers and acquisitions: When giant deals fail, life rarely goes back to normal

http://www.economist.com/news/business/21611161-when-giant-deals-fail-life-rarely-goes-back-normal-coming-unstuck

2. US groups ponder the great tax escape

http://www.ft.com/intl/cms/s/0/3157acac-1f14-11e4-9d7d-00144feabdc0.html#axzz39ro3mEbz

3. How to Get America Moving Again; The world is in turmoil and needs a stronger U.S. It’s time to wake the sleeping giant by taking these specific steps to rev up the economy

http://online.wsj.com/articles/george-p-shultz-how-to-get-america-moving-again-1407536979

Asia Pacific

1. (Asia) – Neither truth nor justice: Efforts to confront Asian atrocities founder on the rocks of political expediency

http://www.economist.com/news/asia/21611106-efforts-confront-asian-atrocities-founder-rocks-political-expediency-neither-truth-nor

2. (India) – India’s civil-service exams: The unlevel field; Fights over English speak to deeper problems in education

http://www.economist.com/news/asia/21611150-fights-over-english-speak-deeper-problems-education-unlevel-field

3. (Msia) – Malaysian politics: What’s Malay for gerrymandering? This year’s delineation of electoral boundaries will determine the future of Malaysian politics

http://www.economist.com/news/asia/21611139-years-delineation-electoral-boundaries-will-determine-future-malaysian-politics-whats

4. (Thai) – Thailand: Peace, order, stagnation; As the economy stumbles, the junta has an image problem

http://www.economist.com/news/asia/21611133-economy-stumbles-junta-has-image-problem-peace-order-stagnation

5. (India) – India’s car market shifts up a gear

http://www.ft.com/intl/cms/s/0/b0d2a7d0-1eeb-11e4-ad93-00144feabdc0.html#axzz39ro3mEbz

6. (China) – Meet China’s Boomerang Kids: One-Third of Graduates Still Rely on Parents, Survey Says

http://blogs.wsj.com/chinarealtime/2014/08/07/meet-chinas-boomerang-kids-one-third-of-graduates-still-rely-on-parents-survey-says/

Life

1. Leading light: The man who invented the study of corporate leadership, Warren Bennis, died on July 31st aged 89

http://www.economist.com/news/business/21611101-man-who-invented-study-corporate-leadership-warren-bennis-died-july-31st-aged

2. Unilever: In search of the good business; For the second time in its 120-year history, Unilever is trying to redefine what it means to be a virtuous company

http://www.economist.com/news/business/21611103-second-time-its-120-year-history-unilever-trying-redefine-what-it-means-be

3. The Guy Who’s Trying To Build The Next Microsoft Wrote This Epic Resignation Letter When He Left Yahoo

http://www.businessinsider.sg/stewart-butterfield-epic-resignation-letter-2014-8/#.U-WqTfmSxqU

4. How Great Entrepreneurs Think

https://www.linkedin.com/today/post/article/20140731203519-66003538-how-great-entrepreneurs-think?trk=tod-posts-post1-psum

5. The 13 Best Books The Army Wants Its Leaders To Read

http://www.businessinsider.sg/army-reading-list-2014-8/#.U-Wod_mSxqU

http://www.history.army.mil/html/books/105/105-1-1/CMH_Pub_105-5-1_2014.pdf

6. Barbie as a role model; Barbie had notched up 150 careers by the age of 50, including dolphin trainer

http://www.ft.com/intl/cms/s/2/40cd9cd8-f867-11e3-815f-00144feabdc0.html#axzz39ro3mEbz

7. The Youngest Are Hungriest: Why do eldest sons in India overshadow their siblings? Because they’re literally taller

http://www.nytimes.com/2014/08/10/opinion/sunday/the-youngest-are-hungriest.html?emc=edit_th_20140809&nl=todaysheadlines&nlid=36114517&_r=0

8. A Field Guide to Getting Lost: Rebecca Solnit on How We Find Ourselves

http://www.brainpickings.org/index.php/2014/08/04/field-guide-to-getting-lost-rebecca-solnit/

9. On Doubt

http://www.capitalideasonline.com/articles/index.php?id=4713

1. Books – Philosophy Bites Back

http://www.amazon.com/Philosophy-Bites-Back-David-Edmonds/dp/0198705964/

1. Art & Physics: Leonard Shlain on Integrating Wonder and Wisdom

http://www.brainpickings.org/index.php/2014/08/07/art-physics-leonard-shlain/

2. Books – Bobby Fischer Goes to War: How A Lone American Star Defeated the Soviet Chess Machine

http://www.amazon.com/Bobby-Fischer-Goes-War-American/dp/0060510250/

TMT

1. Travel websites: David vs two Goliaths; TripAdvisor could challenge the big two providers of online travel services

http://www.economist.com/news/business/21611100-tripadvisor-could-challenge-big-two-providers-online-travel-services-david-vs-two

2. Why This Extremely Hyped-Up Startup Completely Disappeared For Two Years

http://www.businessinsider.sg/wireless-charging-startup-ubeam-2014-8/#.U-WqrfmSxqU

3. (China/Tech) – Alibaba Tells Media Watchdog about Tech Magazine’s ‘Organized Extortion’; Net titan says IT Times and an affiliated website are trying to get it to pay to stop negative coverage ahead of New York listing

http://english.caixin.com/2014-08-08/100714755.html

4. (China/Healthcare/Tech) – Backed by Investors, Chinese Health Apps Flex Muscle

http://english.caixin.com/2014-08-06/100713683.html

5. Big Data’s High-Priests of Algorithms; ‘Data Scientists’ Meld Statistics and Software for Find Lucrative High-Tech Jobs

http://online.wsj.com/articles/academic-researchers-find-lucrative-work-as-big-data-scientists-1407543088

Consumer

1. (China/Consumer) – 5 Ways Starbucks Is Different In China

http://www.businessinsider.sg/how-starbucks-is-different-in-china-2014-8/#.U-WpSvmSxqU

Healthcare

1. Patents that kill: The patent system encourages pharmaceuticals to pump out drugs aimed at those who have no chance of survival

http://www.economist.com/blogs/freeexchange/2014/08/innovation

Investing Process

1. Finding Smart Beta in the Factor Zoo

http://www.researchaffiliates.com/Our%20Ideas/Insights/Fundamentals/Pages/223_Finding_Smart_Beta_in_the_Factor_Zoo.aspx

Morning Bamboo Insight: 11 Aug 2014

Morning Bamboo Insight: 11 Aug 2014

Macro

1. Accounting Rule Makers Diverge on Lease Expensing

http://blogs.wsj.com/cfo/2014/08/08/accounting-rule-makers-diverge-on-lease-expensing/

2. Why ISIL is worse than al-Qaeda-and any other terrorist group that came before

http://qz.com/246923/why-isil-is-worse-than-al-qaeda-and-any-other-terrorist-group-that-came-before/

Asia Pacific

1. (China) – For Foreign Executives in China, Rising Concern About Legal Limbo; Risks Include Jail, Detention, Limits on Personal Freedom

http://online.wsj.com/articles/for-foreign-executives-in-china-concern-about-legal-limbo-1407526058?mod=WSJ_LatestHeadlines

2. (HK/China) – Hurdles for China-Hong Kong Stock Link Up

http://online.wsj.com/articles/hurdles-for-china-hong-kong-stock-link-up-1407485947?mod=yahoo_hs

3. (Msia) – Billionaire Robert Kuok’s “Massimo” bread, which entered the market in 2011, gained popularity very quickly underpinned by its aggressive pricing strategy and benefited from his ownership of flour mill

http://www.thestar.com.my/Business/Business-News/2014/08/09/High5-white-knights-stand-firm-They-seek-a-turnaround-with-fundamentals-of-the-business-unchanged/

4. (India) – A Banker Buys India Too Much Slack

http://www.bloombergview.com/articles/2014-08-07/a-banker-buys-india-too-much-slack

5. (Isia) – Chairul Tanjung Quells Indonesia’s Doubts as Chief Economics Minister

http://www.thejakartaglobe.com/news/chairul-tanjung-quells-indonesias-doubts/

6. (India) – Big fat Indian weddings get bigger and fatter

http://fortune.com/2014/08/08/indian-weddings/

7. (China/Macro) – China’s anti-corruption crackdown threatens to spill over into Canada

http://business.financialpost.com/2014/08/08/chinas-anti-corruption-crackdown-threatens-to-spill-over-into-canada/

8. (China) – The Tricks of China’s Trade

http://www.project-syndicate.org/print/zhang-monan-exposes-the-faulty-data-underlying-china-s-status-as-the-world-s-largest-trading-economy

Life

1. Networking with Cisco’s John Chambers: The Cisco CEO on ‘Star Trek,’ dyslexia and the importance of failure

http://online.wsj.com/articles/networking-with-ciscos-john-chambers-1407522067

2. On fund-managers, rats and hermit crabs: reversion to familiar habits under stress

http://emotionalfinance.net/2014/08/03/on-fund-managers-rats-and-hermit-crabs-reversion-to-familiar-habits-under-stress/

3. How Math Got Its ‘Nobel’: The true story behind the field’s most prestigious award

http://www.nytimes.com/2014/08/10/opinion/sunday/how-math-got-its-nobel-.html?ref=opinion

4. Taking A Wait-And-See Approach With Disruptive Innovations

http://techcrunch.com/2014/08/08/taking-a-wait-and-see-approach-with-disruptive-innovations/

TMT

1. PayPal’s vision for a global marketplace

http://www.mckinsey.com/insights/High_Tech_Telecoms_Internet/PayPals_vision_for_a_global_marketplace?cid=DigitalEdge-eml-alt-mip-mck-oth-1408

2. Big Data’s High-Priests of Algorithms; ‘Data Scientists’ Meld Statistics and Software for Find Lucrative High-Tech Jobs

http://online.wsj.com/articles/academic-researchers-find-lucrative-work-as-big-data-scientists-1407543088

3. (Tech/India) – Amazon Takes a Long View With $2 Billion India Investment; Q&A: How Amazon Will Spend $2 Billion in India

http://online.wsj.com/articles/amazon-takes-a-long-view-with-2-billion-india-investment-1407474521

http://blogs.wsj.com/indiarealtime/2014/08/08/qa-how-amazon-will-spend-2-billion-in-india/

4. (China/India/Tech) – Arrival of Chinese Phone Brands Sets Stage for Price War in India; Low-Cost Handset Makers Challenge Dominance of Micromax, Karbonn Mobiles

http://online.wsj.com/articles/arrival-of-chinese-phone-brands-sets-stage-for-price-war-in-india-1407493144?tesla=y&mg=reno64-wsj&url=http://online.wsj.com/article/SB10001424052702303800604580078983703611458.html

5. Many SAP Customers Can’t Make a Business Case for HANA

http://blogs.wsj.com/cio/2014/08/08/many-sap-customers-cant-make-a-business-case-for-hana/?mod=WSJ_hpp_sections_cio

6. Zulily Calls In-House Software a ‘Differentiator for Competitive Advantage’

http://blogs.wsj.com/cio/2014/08/08/zulily-calls-in-house-software-a-differentiator-for-competitive-advantage/

7. Lean Principles in the Digital Economy

http://blogs.wsj.com/cio/2014/08/08/lean-principles-in-the-digital-economy/

8. Taking Stock of Automated Financial Advisers; Online Services Such as Wealthfront and Betterment Charge Far Less Than Traditional Brokerages

http://online.wsj.com/articles/taking-stock-of-automated-financial-advisers-1407519771

9. (Isia/Tech) – Rise of Fashion E-Commerce in Indonesia; Indonesian retail pioneers in exploring the new world of the online market

http://www.thejakartaglobe.com/features/rise-fashion-e-commerce-indonesia/

1. (China/Tech) – Alibaba Saga IV: A Crocodile In The Yangtze River

http://www.forbes.com/sites/helenwang/2014/08/07/alibaba-saga-iv-a-crocodile-in-the-yangtze-river/print/

1. (China/Tech) – Online Education Craze in China Lures Increasingly More VC Money

http://technode.com/2014/08/08/online-education-vc-money/

2. (Korea/Tech) – Samsung’s restructuring is to cut cost and create tensions

http://news.mk.co.kr/newsReadPrint.php?year=2014&no=1077870

Consumer

1. How Lego lost its innocence: Child’s play is now big business. Lego abused our trust with cynical marketing and toys that limit development – then it did a deal with Shell

http://www.theguardian.com/commentisfree/2014/aug/08/lego-child-play-big-business-marketing-toys-shell

2. While farmers in India once left cashew apples to rot, some are now selling them as the source of what Pepsi hopes could be the next coconut water

http://www.nytimes.com/2014/08/09/business/international/cashew-juice-the-apple-of-pepsis-eye.html?ref=business&_r=0

3. (Asia/Consumer) – Asia is actually 60 per cent of the men’s skincare market and South Korea is actually the biggest men’s skincare market in the world

http://www.brw.com.au/p/entrepreneurs/think_world_biggest_men_skincare_NMPcYDum6t7KNIQ7WwFkBN

Morning Bamboo Insight: 09 Aug 2014

Morning Bamboo Insight: 09 Aug 2014

Macro

1. Once Flashy, Hedge Funds Now Seen as Staid but Consistent

http://dealbook.nytimes.com/2014/08/06/hedge-funds-now-seen-as-unflashy-new-report-says/?_php=true&_type=blogs&emc=edit_dlbkam_20140807&nl=business&nlid=36114517&_r=0

2. Boeing, United Technologies Stockpile Titanium Parts; U.S. Firms Amass Reserves in Case Ukraine Tensions Affect Russian Titanium Producer

http://online.wsj.com/articles/boeing-united-technologies-stockpiling-titanium-parts-1407441886?mod=rss_whats_news_us

3. Saudis have lost the right to take Sunni leadership; The kingdom spews out the corrosive poison that helps fuel religion-based fanaticism

http://www.ft.com/intl/cms/s/0/ab1b61c4-1cb6-11e4-b4c7-00144feabdc0.html#axzz39mDKRSze

4. Viking raiders will bring Norse sense to company votes; Norway’s oil fund readies a raid against complacent boards

http://www.ft.com/intl/cms/s/0/da9a500c-1e20-11e4-ab52-00144feabdc0.html#axzz39mDKRSze

5. Practice makes imperfect: Even experienced fund managers don’t beat the market

http://www.economist.com/news/finance-and-economics/21611090-even-experienced-fund-managers-dont-beat-market-practice-makes-imperfect

6. Tilted marine: New techniques show the damage done by subsidies at the heart of global trade

http://www.economist.com/news/finance-and-economics/21611109-new-techniques-show-damage-done-subsidies-heart-global

Asia Pacific

1. (India) – In cat-and-mouse game, India uncovers new gold smuggling route

http://www.reuters.com/article/2014/08/07/us-india-gold-smuggling-idUSKBN0G70FV20140807

2. (China) – China’s “Prelude To A Storm” As Record Private Bonds Mature

http://www.zerohedge.com/news/2014-08-06/chinas-prelude-storm-record-private-bonds-mature

3. (India) – Modi sympathizers among India’s public intellectuals are penning columns oozing disappointment

http://qz.com/246073/modi-sympathizers-among-indias-public-intellectuals-are-penning-columns-oozing-disappointment

4. (China) – Luxury brands ditch Shanghai Bund

http://www.wantchinatimes.com/news-subclass-cnt.aspx?id=20140807000142&cid=1202

5. (HK) – Hong Kong tycoon Albert Yeung cleared to sue Google over ‘triad’ link

http://news.asiaone.com/print/news/asia/hong-kong-tycoon-cleared-sue-google-over-triad-link

6. (China) – In China, Writers Don’t Need Books to Make Big Bucks; Some of Country’s Highest-Paid Authors Write Online-Only Novels Catering to Young Males

http://online.wsj.com/articles/in-china-writers-dont-need-books-to-make-big-bucks-1407423045?tesla=y&mg=reno64-wsj&url=http://online.wsj.com/article/SB10001424052702303800604580076811595203850.html

7. (China) – M&M’s Rides the Chocolate Wave in China; Mars Inc. to Open Candy Tourist-Attraction Store in Shanghai for Its Popular Brand

http://online.wsj.com/articles/m-ms-rides-the-chocolate-wave-in-china-1407445382?mod=asia_home

8. (Msia) – Bursa Malaysia has publicly reprimanded and imposed a RM500,000 fine on Melvin Yap Han Khoon and ordered him to be struck off as a trader for engaging in manipulative dealing activities in three securities

http://www.thestar.com.my/Business/Business-News/2014/08/08/Trader-Yap-reprimanded/

9. (Isia) – Can Indonesian Leadership Change Turn the Tide on Resource Nationalism?

http://www.thejakartaglobe.com/opinion/can-indonesian-leadership-change-turn-tide-resource-nationalism/

1. (Spore) – 49 years of Singapore’s successes through risks; Republic must continue to manage risks to achieve next phase of growth, safeguard future

http://www.businesstimes.com.sg/premium/editorial-opinion/opinion/49-years-singapores-successes-through-risks-20140808

1. (China) – China universities’ tuition fees see first hike in 10 years

http://news.asiaone.com/print/news/asia/china-universities-tuition-fees-see-first-hike-10-years

2. (China) – Upstart in China Rides High on I.P.O. Crest

http://dealbook.nytimes.com/2014/08/07/upstart-in-china-rides-high-on-i-p-o-crest/?ref=business

3. (Korea) – “Inefficient politics bother economic growth”; Korea’s politics characterized by inefficiency and fighting is the largest stumbling block that blocks the nation’s economic reform

http://news.mk.co.kr/english/newsRead.php?sc=30800001&cm=Top%20Story&year=2014&no=1074698&selFlag=&relatedcode=&wonNo=&sID=308

4. (Taiwan) – Two Taiwanese tycoons brought down by ethics issues: Farglory chairman Chao Teng-hsiung and Yuanta chairwoman Judy Tu

http://www.chinapost.com.tw/print/414226.htm

5. (China) – Tight credit means losses for SMEs in China’s paper industry

http://www.wantchinatimes.com/news-subclass-cnt.aspx?id=20140807000067&cid=1202

6. (Spore) – Remuneration of Temasek-GIC vs Norwegian sovereign wealth fund

http://www.tremeritus.com/2014/08/08/disclose-100s-of-millions-paid-to-gictemasek-directors-managers/

7. (Thai) – Thailand’s political future: Five hundred days of dictatorship

http://www.economist.com/blogs/banyan/2014/08/thailands-political-future

8. (Japan) – After shopping spree, Japanese trading houses take hard look at resources

http://www.reuters.com/article/2014/08/08/us-japan-trading-idUSKBN0G80ZF20140808

9. (China) – Erasing the Memory of China’s Currency Swoon

http://online.wsj.com/articles/heard-on-the-street-erasing-the-memory-of-chinas-currency-swoon-1407482410

Life

1. Navigating Innovation’s Perilous First Mile

http://www.strategy-business.com/blog/Navigating-Innovations-Perilous-First-Mile?gko=3f4be

2. Three Secrets of Organizational Effectiveness: How the practices of “pride builders” can help you develop a high-performance culture

http://www.strategy-business.com/article/00271?gko=d819d

3. Does Your Company Keep Its Promises? Despite best intentions, many businesses struggle with “commitment drift.”

http://www.strategy-business.com/article/00267?gko=c4691

4. Should Leaders Be Heroes or Relationship Builders?

http://www.strategy-business.com/blog/Should-Leaders-Be-Heroes-or-Relationship-Builders?gko=2828d

5. Lead by Doing, Not by Delegating

http://www.strategy-business.com/blog/Lead-by-Doing-Not-by-Delegating?gko=60f2f

6. Why Christ, Mao And The Buddha Are Making A Comeback In China

http://www.huffingtonpost.com/2014/08/06/china-religion_n_4860813.html

7. Why implementation matters: How important is the way you implement a major change effort? We surveyed more than 2,000 global executives to find out-and to learn from the best

http://www.mckinsey.com/insights/operations/Why_implementation_matters?cid=other-eml-alt-mip-mck-oth-1408

8. Is Your Company Addicted to Value Extraction? Is your company focused on creating value – or on siphoning it off from others?

http://sloanreview.mit.edu/article/is-your-company-addicted-to-value-extraction

9. The Best Leaders “Talk the Walk”

http://blogs.hbr.org/2014/08/the-best-leaders-talk-the-walk/

1. How Urban Ladder climbed atop the furniture business; By scaling down before they scaled up, the two-year-old Urban Ladder has climbed to the top of India’s online furniture retail market

http://forbesindia.com/printcontent/38349

1. Craig Hanson: Great Entrepreneurs “Simply See Things Differently.”

http://forbesindia.com/printcontent/38274

2. The wisdom of less: How Procter & Gamble can grow by shrinking

http://fortune.com/2014/08/07/why-pg-can-grow-by-shrinking/

3. How David Prior grew yoghurt brand five:am to an $80m company in five years

http://www.brw.com.au/p/entrepreneurs/how_david_prior_grew_yoghurt_brand_QmmDkCGV8mDC1sRE6E2lLN

4. Introspective or Narcissistic?

http://www.nytimes.com/2014/08/08/opinion/david-brooks-introspective-or-narcissistic.html?ref=opinion

5. Reforming Leviathan: Mandarin lessons; Governments need to rethink how they reward and motivate civil servants

http://www.economist.com/news/leaders/21611068-governments-need-rethink-how-they-reward-and-motivate-civil-servants-mandarin-lessons

TMT

1. Butt batteries: Scientists store energy in used cigarette filters

http://www.reuters.com/article/2014/08/06/us-cigarette-butts-energy-idUSKBN0G61RP20140806

2. (China/Tech) – China Cracks Down on Messaging Apps; China Says Rules Aim to ‘Help Build a Clean Cyberspace’ and Safeguard National Security

http://online.wsj.com/articles/china-issues-new-restrictions-on-messaging-apps-1407405666

3. Netflix now has more subscription revenue than HBO

http://qz.com/245763/netflix-now-has-more-subscription-revenue-than-hbo/

4. (Korea/Tech) – South Koreans Less Willing Than Chinese to Pay for Smartphone Games

http://blogs.wsj.com/korearealtime/2014/08/07/south-koreans-less-willing-than-chinese-to-pay-for-smartphone-games/

5. Plot Thickens as 900 Writers Battle Amazon

http://www.nytimes.com/2014/08/08/business/media/plot-thickens-as-900-writers-battle-amazon.html?ref=business

6. (China/Tech) – Alibaba’s IPO May Herald the End of U.S. E-Commerce Dominance

http://www.businessweek.com/printer/articles/218153-alibabas-ipo-may-herald-the-end-of-u-dot-s-dot-e-commerce-dominance

7. (China/Tech) – Xiaomi creative destruction may reach beyond China; Xiaomi’s frugal yet funky model may ultimately succeed only in making the smartphone industry a more competitive – and less lucrative – business

http://english.caijing.com.cn/20140806/3645164.shtml

8. No IPO Needed: Rocket Internet’s Samwer Brothers Become Billionaires On PLDT Investment

http://www.forbes.com/sites/ryanmac/2014/08/07/no-ipo-needed-rocket-internets-samwer-brothers-become-billionaires-on-pldt-investment/print/

Consumer

1. Italian Coffee Producer Massimo Zanetti Seeks to List Shares

http://dealbook.nytimes.com/2014/08/07/italian-coffee-producer-massimo-zanetti-looks-to-list-shares/?emc=edit_dlbkam_20140807&nl=business&nlid=36114517

Investing Process

1. In search of the world’s best investment advice

http://www.afr.com/p/national/arts_saleroom/in_search_of_the_world_best_investment_y0pX120BCa4hDjJlWlawUI

Commodities

1. The GMO Fight Ripples Down the Food Chain; Facing Consumer Pressure, More Firms Are Jettisoning GMOs From Their Foods

http://online.wsj.com/articles/the-gmo-fight-ripples-down-the-food-chain-1407465378?mod=WSJ_hpp_MIDDLENexttoWhatsNewsThird

Morning Bamboo Insight: 08 Aug 2014

Morning Bamboo Insight: 08 Aug 2014

Macro

1. Capital Group Bets on a Different Kind of Tech; Firm’s recent filing to launch nontransparent actively managed ETFs is a wager on new distribution technology

http://news.morningstar.com/articlenet/article.aspx?id=659594&

2. World will have 13 ‘super-aged’ nations by 2020

http://www.ft.com/intl/cms/s/0/f356f8a0-1d8c-11e4-8f0c-00144feabdc0.html#axzz39gWMsOOH

3. Risk culture must change to protect financial system; Key causes of past financial crises are being forgotten

http://www.ft.com/intl/cms/s/0/5991c892-19a1-11e4-b06c-00144feabdc0.html#axzz39gWMsOOH

4. A critical autumn nears for EM currencies

http://www.ft.com/intl/cms/s/0/99e72382-1d3a-11e4-8b03-00144feabdc0.html#axzz39gWMsOOH

6. Older firms increasingly dominate our economy. It challenges the conventional wisdom that the Internet’s relentless advance attests to the economy’s underlying vitality

http://www.washingtonpost.com/opinions/robert-samuelson-where-have-all-the-entrepreneurs-gone/2014/08/06/e01e7246-1d7c-11e4-82f9-2cd6fa8da5c4_story.html?wpisrc=nl_opin&wpmm=1

Asia Pacific

1. (China) – China’s Top Stock Fund Sees 15% Rally on Graft Crackdown

http://www.bloomberg.com/news/print/2014-08-05/china-s-top-stock-fund-sees-15-rally-on-graft-crackdown.html

2. (China) – Is China No Longer a Copycat?

http://www.forbes.com/sites/williambrent/2014/08/06/is-china-no-longer-a-copycat/print/

3. (India/Consumer) – Caravan Craft adds dose of ethnic, global styles to offer unique merchandise

http://forbesindia.com/printcontent/38347

4. (India) – India’s Narendra Modi confounds devotees and detractors alike

http://www.ft.com/intl/cms/s/0/8aeab4d2-1cb5-11e4-b4c7-00144feabdc0.html#axzz39gZPNZkF

5. (Korea) – Of 200 KOSPI-listed companies, 46 are subject to tax on excess corporate cash holdings

http://news.mk.co.kr/english/newsRead.php?sc=30800001&cm=Top%20Story&year=2014&no=1070794&selFlag=&relatedcode=&wonNo=&sID=308

6. (Korea) – Cross-shareholding structures halve at S. Korea conglomerates

http://news.mk.co.kr/english/newsRead.php?sc=30800016&cm=Finance&year=2014&no=1068874&selFlag=sc&relatedcode=&wonNo=&sID=308

7. (Korea) – S. Korea’s 400 richest own $445mn on average

http://news.mk.co.kr/english/newsRead.php?sc=30800003&cm=Economy&year=2014&no=1060967&selFlag=sc&relatedcode=&wonNo=&sID=308

8. (Korea) – Korean Ministry outlines 3-pronged corporate tax plan targeting two primary goals: making excess corporate cash reserves flow into households and reducing the tax burden on the middle class

http://koreajoongangdaily.joins.com/news/article/article.aspx?aid=2993146&cloc=joongangdaily|home|top

9. (China) – China’s latest anti-trust probes revive protectionism concerns

http://www.reuters.com/article/2014/08/07/us-china-antitrust-idUSKBN0G70VA20140807

1. (Isia) – Jokowi tested as parties want in

http://news.asiaone.com/print/news/asia/jokowi-tested-parties-want

Life

1. Here Is The Mathematical Equation That Can Predict What Will Make You Happy

http://www.forbes.com/sites/daviddisalvo/2014/08/06/what-makes-you-happy-captured-in-an-equation/print/

2. Understanding ‘target’ market helps brand globalization

http://www.koreatimes.co.kr/www/news/biz/2014/08/123_162479.html

3. Quote of the day: “Clutter is taking a toll on both morale and productivity. Ability to think creatively fell markedly if working days were punctuated with meetings. They did far better if left to focus on their projects without interruption

http://signalvnoise.com/posts/3768-clutter-is-taking-a-toll-on-both-morale-and

4. The sudden death of the English Academy; The internet is destroying language standardization

http://www.ft.com/intl/cms/s/0/427838da-1bc2-11e4-adc7-00144feabdc0.html#axzz39gWMsOOH

5. 10 Extremely Wealthy Tech Executives Who Choose To Live Frugally

http://www.businessinsider.sg/10-frugal-tech-executives-2014-8/#.U-MiKPmSxqU

6. Dilbert Creator: The Financial Industry Is The World’s Biggest Scam

http://www.businessinsider.sg/scott-adams-advisors-make-stocks-risky-2014-8/

http://www.dilbert.com/blog/entry/how_to_make_more_money_in_stocks/

7. 22 Quotes That Take You Inside Albert Einstein’s Revolutionary Mind: “The aim [of education] must be the training of independently acting and thinking individuals who, however, see in the service to the community their highest life problem.”

http://www.businessinsider.sg/22-quotes-from-albert-einstein-2014-8/#.U-MjtvmSxqU

8. Why implementation matters: How important is the way you implement a major change effort? We surveyed more than 2,000 global executives to find out-and to learn from the best

http://www.mckinsey.com/insights/operations/Why_implementation_matters?cid=other-eml-alt-mip-mck-oth-1408

TMT

1. (China/Tech) – Priceline Expands China Options With Ctrip Investment

http://www.bloomberg.com/news/print/2014-08-06/priceline-investing-500-million-in-ctrip-travel-agency.html

2. (Korea/Tech) – Pantech calls for help as big S Korean rivals dominate

http://www.ft.com/intl/cms/s/0/de14620c-1d46-11e4-8b03-00144feabdc0.html#axzz39gWMsOOH

3. (China/Tech) – Amid Xiaomi frenzy, China’s smartphone market undergoes a revolution

http://www.wantchinatimes.com/news-subclass-cnt.aspx?id=20140807000040&cid=1206

4. Aiming to Be the Netflix of Books

http://www.nytimes.com/2014/08/07/technology/personaltech/aiming-to-be-the-netflix-of-books.html

Healthcare

1. TCM trial for stroke survivors

http://yourhealth.asiaone.com/print/content/tcm-trial-stroke-survivors

Morning Bamboo Insight: 07 Aug 2014

Morning Bamboo Insight: 07 Aug 2014

Macro

1. Corporate America’s ‘ABC’ policy – Anything But Capex

http://www.reuters.com/article/2014/08/06/us-markets-investment-capex-analysis-idUSKBN0G60CC20140806

2. Risk and Reward on Market Frontier; Investors Pouring Billions Into Booming Smaller Markets, Prompting Warnings

http://online.wsj.com/articles/risk-and-reward-on-market-frontier-1407312789

3. What if the SEC were to Launch a Largecap Fraud Task Force: the Ode to the SEC Edition

http://thelongshorttrader.com/2014/08/06/what-if-the-sec-were-to-launch-a-largecap-fraud-task-force-the-ode-to-the-sec-edition/

4. Private Equity Finds a Foothold in Israel, the Land of Venture Capital

http://knowledge.wharton.upenn.edu/article/israel-private-equity/

Asia Pacific

1. (China) – China Default Storm Seen as Record Private Bonds Mature

http://www.bloomberg.com/news/print/2014-08-05/default-storm-seen-as-record-private-bonds-mature-china-credit.html

2. (Korea) – S. Korea sets rules to tax excessive corporate cash reserves; a large company will be levied a 10% tax on surplus funds when it spends less than 80% of net profit on dividend payouts, additional wages or investment in facilities

http://www.thestar.com.my/Business/Business-News/2014/08/06/S-Korea-sets-rules-to-tax-excessive-corporate-cash-reserves/

3. (Taiwan) – Billionaire’s Media Push Tests The Toughness Of A Taiwan “Strawberry”

http://www.forbes.com/sites/russellflannery/2014/08/06/billionaires-media-push-tests-the-toughness-of-a-taiwan-strawberry/print/

4. (China) – Senior suicides become the norm in rural parts of China

http://www.wantchinatimes.com/news-subclass-cnt.aspx?id=20140806000012&cid=1503

5. (China) – China’s ever more precarious towers

http://ftalphaville.ft.com/2014/08/06/1919002/chinas-ever-more-precarious-towers/

6. (China) – China warns of corporate bond market risks, may raise threshold for new issues

http://www.reuters.com/article/2014/08/06/us-china-bonds-idUSKBN0G60Q420140806

7. Deals’ Demise Wrecks Funds’ Bets; Busted Buyouts and Warning by Obama Sting Big Investors; It’s ‘Arbageddon’

http://online.wsj.com/articles/deals-demise-wrecks-funds-bets-1407368591

8. Bank Regulators Roar at $700-Trillion Market

http://online.wsj.com/articles/heard-on-the-street-bank-regulators-roar-at-700-trillion-market-1407361223

9. Summertime Living Isn’t Easy for Macro Funds; Graham Capital, Rubicon Among Hedge-Fund Firms Feeling Heat of Poor Returns

http://online.wsj.com/articles/summertime-living-isnt-easy-for-macro-funds-1407356551

1. Statist Strongmen Putin-Xi See History Alive in Capitalism Clash; State capitalism isn’t confined to China and Russia. The emirates of the Persian Gulf have long fused state and bazaar

http://www.thejakartaglobe.com/business/statist-strongmen-putin-xi-see-history-alive-capitalism-clash/

1. (Japan) – Japan’s top banks are seeking out riskier borrowers with an eagerness not seen since the early 1990s

http://online.wsj.com/articles/japanese-lenders-seek-out-riskier-borrowers-1407362343

2. (China) – China Steps Up Antitrust Duel With West

http://online.wsj.com/articles/china-regulator-probes-microsoft-accenture-offices-1407310450?mod=mktw

3. (Spore) – Singapore IPO Market in a Slump; City-State Suffers Worst Year for IPOs Since 2009

http://online.wsj.com/articles/samudra-pulls-out-of-ipo-1407296817

4. (Japan) – Unlock the Potential of Japan’s Savings; Governance reform and diversification at Japan’s largest pension fund will benefit the whole economy

http://online.wsj.com/articles/unlock-the-potential-of-japans-savings-1407343928

5. (Thai) – The New Thai Dictatorship; The junta lays the groundwork for an illiberal regime.

http://online.wsj.com/articles/the-new-thai-dictatorship-1407344124

6. (Korea) – South Korea Unveils Tax Targeting Corporate Cash Hoarders; Seoul Presses Businesses to Put Excess Funds to Work in Driving Economy

http://online.wsj.com/articles/south-korea-unveils-tax-on-corporate-cash-hoards-1407301382

Life

1. Why Your Company Should Recognize Individuals, Not Worker Bees

http://www.forbes.com/sites/johnhall/2014/08/03/why-your-company-should-recognize-individuals-not-worker-bees/print/

2. Why Is Innovation So Hard?

http://www.forbes.com/sites/darden/2014/08/04/why-is-innovation-so-hard/print/

3. ‘Live And Let Live’ And 4 Other Happiness Tips From Pope Francis

http://www.businessinsider.sg/pope-francis-tips-for-happiness-2014-8/#.U-JGMvmSxqU

http://www.catholicnews.com/data/stories/cns/1403144.htm

4. Books – Location Is (Still) Everything: The Surprising Influence of the Real World on How We Search, Shop, and Sell in the Virtual One

http://www.amazon.com/Location-Still-Everything-Surprising-Influence/dp/0544262271

5. NTU students to get second bite at failed modules

http://www.todayonline.com/print/735161

6. How Fiction and Finance Go Hand in Hand; For Swedish CFO Anna Belfrage, who has written six novels in her spare time, each activity improves the other

http://ww2.cfo.com/people/2014/08/fiction-finance-go-hand-hand

7. Hiroshima marks anniversary of atomic bombing

http://news.asiaone.com/print/news/asia/hiroshima-marks-anniversary-atomic-bombing

8. Fine-Art Students Get Lessons in Business; Juilliard, Berklee Embrace Programs That Develop Entrepreneurial Acumen Alongside Artistic Ability

http://online.wsj.com/articles/fine-art-students-get-lessons-in-business-1407350818

9. FT & McKinsey Business Book of the Year Award

http://www.ft.com/intl/cms/s/2/3e23d114-1c93-11e4-98d8-00144feabdc0.html#axzz39fiGXhl4

1. Malaysia’s invisible man of beverages; Ean Yong Tin Sin was already in his early 50s when he started Orgabio in 2002 to provide contract and private-label manufacturing for instant coffee and health drinks

http://www.thestar.com.my/Business/SME/2014/08/07/The-invisible-man-of-beverages-Companys-work-is-to-produce-other-peoples-brands/

TMT

1. New Buying Strategy as Facebook and Google Transform Into Web Conglomerates

http://dealbook.nytimes.com/2014/08/05/new-strategy-as-tech-giants-transform-into-conglomerates

2. Why Location is King for E-commerce, Too

http://knowledge.wharton.upenn.edu/article/location-ecommerce/

3. Korea/Tech) – Samsung’s next reinvention challenge: itself

http://in.reuters.com/article/2014/08/06/samsung-elec-culture-idINL4N0Q01R220140806

Consumer

1. In Africa, haircare becomes a multi-billion dollar industry

http://www.reuters.com/article/2014/08/06/us-africa-hair-idUSKBN0G60A020140806

Healthcare

1. (China/Healthcare) – China’s rural timebomb: half a billion elderly people with chronic diseases and no care

http://www.chinesemedicalnews.com/2014/08/chinas-rural-timebomb-half-billion.html

Investing Process

1. New From Mauboussin: Capital Allocation Evidence, Analytical Methods, and Assessment Guidance

http://cdn1.valuewalk.com/wp-content/uploads/2014/08/document-1036635381.pdf

Commodities

1. (Commodities/China) – Milk prices sink as ‘white gold’ floods even China demand

http://news.asiaone.com/print/news/business/milk-prices-sink-white-gold-floods-even-china-demand

Evening Bamboo Insight: 06 Aug 2014

Evening Bamboo Insight: 06 Aug 2014

Macro

1. Managers should ask themselves: what would Carl Icahn see?

http://www.ft.com/intl/cms/s/0/babeb858-1bb0-11e4-9db1-00144feabdc0.html?siteedition=intl#axzz39Tzztfi8

2. Germany seeks to limit investor protection to save trade deal

http://www.ft.com/intl/cms/s/0/bcb8ab98-1bdb-11e4-adc7-00144feabdc0.html#axzz39Tzztfi8

3. Fund managers: Assets or liabilities? Regulators worry that the asset-management industry may spawn the next financial crisis

http://www.economist.com/news/finance-and-economics/21610297-regulators-worry-asset-management-industry-may-spawn-next-financial

4. FCA bans sale of financial product to retail investors for first time; City regulator uses new power to block contingent covertible securities, or CoCos, which it called highly risky and untested

http://www.theguardian.com/business/2014/aug/05/fca-bans-sale-financial-product-retail-investors-first-time

5. The inequality debate avoids asking who is harmed

http://www.ft.com/intl/cms/s/0/b46a586e-1be6-11e4-9db1-00144feabdc0.html#axzz39ZlCXz8X

6. Corporate acquirors take early aim at their target’s investors

http://www.ft.com/intl/cms/s/0/19f3121c-1420-11e4-9acb-00144feabdc0.html#axzz39Zm7qMSg

Asia Pacific

1. (China) – Anti-graft campaign is not all it seems; Nature of Chinese justice undermines Xi’s corruption drive

http://www.ft.com/intl/cms/s/0/2ebe2150-1970-11e4-8730-00144feabdc0.html#axzz39Tzztfi8

2. (Thai) – Thai junta bans computer game simulating dictatorship

http://news.asiaone.com/print/news/asia/thai-junta-bans-computer-game-simulating-dictatorship

3. (China) – Investors Stung by Losses After Exiting Struggling Property Fund in China; Stake Bought for $120 Million in 2008 Recently Sold for Less Than $49.8 Million

http://online.wsj.com/articles/investors-stung-by-losses-after-exiting-struggling-property-fund-in-china-1407234183?mod=_newsreel_5

4. (Japan) – Toyota Steps Off Currency Accelerator; Profit Growth Slowed Sharply as Yen Stopped Falling

http://online.wsj.com/articles/heard-on-the-street-toyota-steps-off-currency-accelerator-1407234776

5. (China) – Elites Tremble as Xi Cleans House; Even After Top-Level Takedown, Antigraft Purges Aren’t Losing Steam

http://online.wsj.com/articles/elites-tremble-as-xi-cleans-house-1407222978?mod=asia_home

6. (China) – Profile: Wang Qishan, China’s anti-corruption tsar; ‘Chief of the fire brigade’: Mr Wang’s willingness to say what he thinks is what first endeared him to party leaders

http://www.ft.com/intl/cms/s/0/bb14b9c4-1bce-11e4-9db1-00144feabdc0.html

7. (Korea) – Part-time policy creates low-quality jobs in SKorea

http://news.asiaone.com/print/news/asia/part-time-policy-creates-low-quality-jobs-skorea

8. (India) – India Is Luring Real-Estate Investors Again; Stronger Economy, Political Changes Have Foreigners Returning After Financial Crisis

http://online.wsj.com/articles/india-is-luring-real-estate-investors-again-1407263766?mod=WSJAsia_hpp_LEFTTopStories

9. (Korea) – Royce: South Korea’s Influence on Asia is Hard to Ignore

http://www.roycefunds.com/insights/2014/08/south-korea-influence-asia-hard-ignore

1. (HK) – Royce: Hong Kong: A Rich Market for Long-Term Investors

http://www.roycefunds.com/insights/2014/07/hong-kong-rich-market-long-term-investors

1. (Japan) – Royce: Why We’re Optimistic About Japanese Micro-Caps

http://www.roycefunds.com/insights/2014/05/why-optimistic-about-japanese-micro-caps

2. (Msia) – Bank mergers in Malaysia get difficult

http://www.thestar.com.my/Business/Business-News/2014/08/06/Bank-mergers-get-difficult-Pairing-of-lenders-in-Malaysia-will-become-unpredicta/

3. (Japan) – Corporate governance – The next catalyst for Japanese equities: Columbia Management

http://blog.columbiamanagement.com/corporate-governance-the-next-catalyst-for-japanese-equities

4. Singapore Real Estate Billionaire Koh Wee Meng Seeks Safer Ground In Australia

http://www.forbes.com/sites/forbesasia/2014/07/23/property-developer-koh-wee-meng-seek-terrain-in-australia/print/

5. (India) – How SREI Infra recovered money from Kingfisher Airlines

http://forbesindia.com/printcontent/38339

6. (Korea) – Major Korean conglomerates shy on dividend payouts

http://www.koreatimes.co.kr/www/news/biz/2014/08/127_162368.html

7. (Asia) – Asia’s Next Crisis Is a Flood of Debt

http://www.thejakartaglobe.com/opinion/asias-next-crisis-flood-debt/

8. (Australia) – How Australia’s best mid-market businesses think and act global

http://www.brw.com.au/p/business/mid-market/how_australia_best_mid_market_businesses_mdeKiTUy4DdyNzggV3rMQO

9. (Korea) – S. Korea manufacturing industry facing ‘perfect storm’

http://news.mk.co.kr/english/newsRead.php?sc=30800001&cm=Top%20Story&year=2014&no=1066610&selFlag=&relatedcode=&wonNo=&sID=308

1. (Korea) – Time to Take Down Korea’s Stumbling Giants

http://www.bloombergview.com/articles/2014-07-31/time-to-take-down-korea-s-stumbling-giants

1. (HK) – Confidence in HK’s mandatory provident fund schemes reached a nadir last month; 24 percent of the respondents, aged between 18 and 64, said they had “zero confidence” in the retirement protection scheme

http://www.thestandard.com.hk/news_detail.asp?we_cat=2&art_id=148073&sid=42752295&con_type=1&d_str=20140806&fc=4

2. (India) – Confidence in India’s state lenders shaken by bribery scandal

http://www.ft.com/intl/cms/s/0/479968d4-1c99-11e4-98d8-00144feabdc0.html#axzz39Zm7qMSg

3. (Thai) – Thai unrest knocks GM off course in Asean

http://www.ft.com/intl/cms/s/0/1bbb90d0-1c75-11e4-98d8-00144feabdc0.html#axzz39Zm7qMSg

4. (Korea) – South Korean Shipyard Workers Wear Robo-Suits For Super-Strength

http://www.businessinsider.sg/daewoo-robotic-exoskeletons-2014-8/#.U-GYlvmSxqU

5. (Asia) – Innovation blowback: Disruptive management practices from Asia

http://www.mckinsey.com/insights/innovation/innovation_blowback_disruptive_management_practices_from_asia

Life

1. Wall Street CEO Gives His Employees 10 Life Lessons He Wants Them All To Learn This Summer

http://www.businessinsider.sg/jefferies-dick-handler-life-lessons-2014-8/#.U-BRv_mSxqU

2. 7 Management Strategies From Some Of History’s Greatest Generals

http://www.businessinsider.sg/war-strategies-for-management-2014-8/#.U-BSSPmSxqU

3. For Honda, Waigaya Is the Way; At the Japanese auto giant Honda, unplanned, agenda-free meetings are ubiquitous and indispensable

http://www.strategy-business.com/article/00269?gko=48bd9&cid=20140805enews&utm_campaign=20140805enews

4. “Guardians of The Galaxy” Director James Gunn On His Path To Big-Budget Filmmaking: Remember Who You’re Creating For and Why

http://www.fastcocreate.com/3033473/then-and-now/guardians-of-the-galaxy-director-james-gunn-on-his-path-to-big-budget-filmmakin

5. In Canada, a Feud Divides the Irving Family Empire: A schism is growing within the once tight-knit and still powerful Irving family business

http://online.wsj.com/articles/in-canada-a-feud-divides-the-irving-family-empire-1407205802

6. Books – World Right Side Up: Investing Across Six Continents

http://www.amazon.com/World-Right-Side-Investing-Continents/dp/1118171403

7. 11 Ways You Can Finally Stop Procrastinating

http://www.businessinsider.sg/how-to-stop-procrastinating-2014-8/#.U-EAQPmSxqU

8. ‘Guardians Of The Galaxy’ Director Writes Awesome, Heartfelt Letter To Fans

http://www.businessinsider.sg/guardians-of-the-galaxy-director-james-gunns-letter-to-fans-2014-8/#.U-EAWfmSxqU

9. How to Develop Your Personal Presence on Social Media and in Real Life; Presence, a Mix of How You Look, How You Communicate and How You Behave, Influences Your Social Stature and Ability to Climb the Ranks

http://online.wsj.com/articles/how-to-develop-your-personal-presence-on-social-media-and-in-real-life-1407279919

1. Venture Capitalists Get Paid Well to Lose Money

http://blogs.hbr.org/2014/08/venture-capitalists-get-paid-well-to-lose-money/

http://www.kauffman.org/~/media/kauffman_org/research%20reports%20and%20covers/2012/05/we%20have%20met%20the%20enemy%20and%20he%20is%20us(1).pdf

1. The Crooked Ladder: The criminal’s guide to upward mobility

http://www.newyorker.com/magazine/2014/08/11/crooked-ladder

2. Rising Above Illness & Misfortune in a bamboo-thatched house

http://www.thejakartaglobe.com/features/rising-illness-misfortune/

3. How to build your personal brand, with Ogilvy & Mather chair Shelly Lazarus

http://www.brw.com.au/p/leadership/lazarus_shelly_build_your_personal_mzhxVPSxpzmSLgAKiq4lrK

TMT

1. University students are cashing in on lecture and texbook notes by selling them online using a new service

http://www.theage.com.au/digital-life/digital-life-news/australian-duo-turn-uni-lecture-notes-into-cash-20140730-zy2g0.html.html

2. (China/Tech) – Alibaba Has a Computing Cloud, and It’s Growing, Too

http://bits.blogs.nytimes.com/2014/08/04/alibaba-has-a-computing-cloud-and-its-growing-too/

3. (Korea/Tech) – Samsung’s Cellphone Foothold in Asia Is Challenged; Local Carriers in China and India Outpace South Korean Technology Giant

http://online.wsj.com/articles/samsungs-cellphone-foothold-in-asia-challenged-1407241638

4. (Media/Tech) – Gannett becomes the latest media firm to split its print, TV assets

http://fortune.com/2014/08/05/gannett-spin-off-publishing/

5. (China/Tech) – China’s phone makers fear Qualcomm retaliation after probe

http://www.wantchinatimes.com/news-subclass-cnt.aspx?cid=1206&MainCatID=12&id=20140805000150

6. The Dark Age Of Enterprise Software Is Ending

http://techcrunch.com/2014/08/05/the-dark-age-of-enterprise-software-is-ending/

7. Newspapers Press On, on Their Own: Gannett Is Latest Media Giant Splitting in Two, Separating Publishing From TV

http://online.wsj.com/articles/newspapers-press-on-on-their-own-1407281083

8. Shoppers Are Fleeing Physical Stores

http://online.wsj.com/articles/shoppers-are-fleeing-physical-stores-1407281362?mod=_newsreel_2

9. (China/Tech) – Alibaba and Tencent step up rivalry in apps market

http://www.wantchinatimes.com/news-subclass-cnt.aspx?id=20140805000108&cid=1206

1. (China/Tech) – Continued rapid growth tests Xiaomi’s R&D strength; “Xiaomi now has an R&D team of 1,800 members, covering the fields of hardware, MIUI, cloud-end services, TV, set-top boxes, and e-commerce”

http://www.wantchinatimes.com/news-subclass-cnt.aspx?cid=1206&MainCatID=12&id=20140805000113

Consumer

1. Why Coke’s experiment with vitaminwater turned sour

http://qz.com/244483/why-cokes-experiment-with-vitaminwater-turned-sour/

Healthcare

1. Christofer Toumazou’s ‘lab on a chip’ makes preventing illness possible; Greek-Cypriot engineer wins European inventor award for USB device that decodes patient’s DNA within minutes outside a lab

http://www.theguardian.com/business/2014/jul/27/christopher-toumazou-lab-chip-dna-european-inventor-award