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Bloomberg Businessweek-Asia Edition

Bloomberg Businessweek-Asia Edition May 24, 2021

Each issue of Businessweek features in-depth perspectives on the financial markets, industries, trends, technology and people guiding the economy. Draw upon Businessweek's timely incisive analysis to help you make better decisions about your career, your business, and your personal investments.

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Bloomberg Finance LP
50 Issues

in this issue

4 min
keep a movie franchise alive

The Fast & Furious movies have grossed more than $5 billion worldwide since 2001. Lin, who directed the third, fourth, fifth, and sixth installments, has returned to direct the ninth (filmed prior to the pandemic and scheduled to be released on June 25) and 10th. 1 HAVE A POINT OF VIEW I made my first film, Better Luck Tomorrow, for $250,000, paid for with credit cards. That got into Sundance in 2002 and changed my life. A few years later, I was making my first studio film at Disney when an executive at Universal tracked me down to talk about the third Fast, which was set in Tokyo. When I read the script, which had cars drifting around Buddha statues and women in kimonos, it was an easy no. The characters were stale,…

1 min
become a restaurant regular

I’ve started relationships with restaurants for the flimsiest reasons—once it was a crush on the bartender—but I’ve stayed on for the important ones: the food, the service, the community. Know that you’re going in as a hapless investor. You put in time, money, and enthusiasm—and give over space on your Instagram feed and Facebook Stories to keep the business going in these perilous times—ever aware that you’ll be eating your profits. The benefit of all your activity will be little more than the occasional free drink or dessert. But also, a warm welcome at a place where everybody knows your name. There is no greater love. -Howard Chua-Eoan…

1 min
upgrade your go-to condiment

I keep a jar of soy sauce dressing in my fridge at all times. The mix is four parts vegetable oil to two parts soy sauce and two parts red wine vinegar. Throw in judicious amounts of fresh crushed garlic or garlic powder, dry mustard, and hot sauce. The umami savoriness makes it compatible with whatever: salads, pasta, roast chicken, tacos, or, of course, that leftover Chinese takeout. ——Kate Krader FOOD STYLIST (DRESSING): ERIKA JOYCE. FOODS: GETTY IMAGES (4). ILLUSTRATIONS BY TIM LAHAN Photographby Ryan Jenq…

2 min
grill the perfect cheeseburger

Garten is the host of Barefoot Contessa and Barefoot Contessa: Cook Like a Pro on the Food Network. Her latest book, Modern Comfort Food, was published in October by Clarkson Potter, an imprint of Penguin Random House. The first thing you need is good ground beef. Find a butcher who will grind the meat for you, and buy it just before dinner. I’ve tested the recipe with pre-ground meat, and you can see the difference in color. I use a mix of sirloin and chuck: sirloin for the flavor, chuck for the fat. I add steak sauce, too. I prefer Smith & Wollensky ($25 for three bottles; smithandwollensky.com), but use whichever one you like best. A pat of butter, too, keeps it moist. It’s important not to compress the burger. I mix it…

1 min
curaleaf holdings inc.

I spend a lot of time reading. One of my favorite things to do is read biographies or autobiographies of entrepreneurs, political leaders, businesspeople. I’ve learned a lot from reading them. I started my insurance business [Renins Finans], which I’m about to take public, because I read Warren Buffett’s book on how he got going. I loved that story. But I’m planning the next phase of my life. I don’t want to be involved in running businesses anymore like I do now. I want to be a mentor to young entrepreneurs. I had a great dinner the other night with a guy from Massachusetts. He was telling me about everything he’s doing in the cannabis sector with minority communities in Massachusetts and Maryland. I got super excited about what he was…

1 min
mature as an investor

As a player, you’re presented with endorsement or licensing deals where you can rent your name and walk away. As an investor or owner, you have to be much more involved—it’s a different level of responsibility. We’ve seen this power shift with personal brands becoming as powerful as big institutions. Now athletes and entertainers have a seat at the table with these conglomerates and can compete for the same asset, which would have been unthinkable 10 years ago. As a professional athlete, you learn to go narrow and deep. You train to be perfect—or at least try. You learn from your coaches. It’s the same as an investor. You adopt attributes from mentors. I’ve learned that we can be good at a lot of things but can’t be great at everything. Narrow…