“I met Hu Jintao once, and he said five words to me, ‘We like your oil sands.” CNOOC-Nexen bid tests Harper’s China policy.  FP


(Image: Reuters/John Major)

Big Gold Miners Prepare for Shopping Spree. Bloomberg

Strong piece. Resource nationalism retains the number one risk ranking. Report: Business risks facing mining and metals 2012 - 2013. Ernst & Young

Rio Tinto sticks to spending plan on hope of China pickupGlobe and Mail

The People's Analyst Koven: HudBay gets US$750-million financing from Silver Wheaton for ConstanciaFinancial Post

Infographic: Copper: The Essential Metal (Part 2). Visual Capitalist

Diamond Prices Seen Rebounding. Bloomberg

Pension funds and other institutional investors are now attacking the fees charged by the once-booming private equity industry. Shareholder spring heads to autumn for private equity investors. Reuters

Boom. Starbucks Invests $25 Million in Square; Schultz Joins Board. NYTimes

High end athletic apparel venture Respect Your Universe ($RYU) debuts on the TSX-Venture this week. RYU CFO Steve Eklund on Business Day. BNN

"While you may look at horror when you see this record, Wall Street is actually better than average in the failure department these days." In $440 Million Trading Error, Upside of Wall St. Failures. Dealbook

Hempton squeezed. Short-selling luxury? Retreat! Globe and Mail

Corporate Fraud Cases Too Often Spare Individuals. CNBC

By applying tougher criteria we can tap into our brain's sophisticated search engine. The Disciplined Pursuit of Less. HBR

Context & empathy reminder: "What strikes us as unreasonable or illogical behavior becomes entirely reasonable once you understand the motivations and constraints that people are working with. So rather than get irritated, perplexed or unduly impressed by such behaviors, take your feelings of irritation or perplexity as a signal that you do not know what you need to know about the other person's distinctive priorities, feelings, concerns, values, constraints and/or private agendas." Understanding Someone's Inner Logic. HBR

Florida Estate Goes for $47 Million. WSJ

"You can fool some of the people all of the time, and all of the people some of the time, but you can not fool all of the people all of the time." Abraham Lincoln

"Lincoln was right about fooling people, but along the way we often forget that while trickery is easy, the longer path of keeping your promises is far more satisfying and stable." Seth Godin

Because it will mess with you. Song of the day - The Good, The Bad, and The Ugly - Theme. Youtube