December 23, 2013 / Fortune Asia / Volume 168 / Number 10 / SPECIAL ISSUE / Investor’s Guide 2014

33 2014 INVESTOR’S GUIDE

34 TOP PICKS FROM 20 STAR INVESTORS
A time-tested group of elite fund managers offer their best stock ideas for 2014.
BY JON BIRGER AND SCOTT MEDINTZ

Plus: Bill Gross on the outlook for bonds.

46 WHERE SHOULD YOU PUT YOUR MONEY NOW?
It’s getting harder to find undervalued assets, but our panel of market experts has plenty of smart ideas.

INTERVIEW BY GEOFF COLVIN

54 THE ICE MAN COMETH
Jeffrey Sprecher bought a commodities exchange for $1, built it into a powerhouse energy trader called ICE―aided by his wife and colleague, Kelly Loeffler―and took it public at a valuation of $1.4 billion. Now that he has acquired the New York Stock Exchange, can he stop its slide?
BY CAROL J. LOOMIS

62 THE TROUBLE AT BLOOMBERG
The company is still a profit machine, but its growth is slowing, and its reputation has been singed by questions about its journalistic independence. With an internal war raging between old and new factions, can it figure out what it wants to be?
BY PETER ELKIND

10 FIRST
Closer Look
Hammacher Schlemmer, the oldest catalogue in America, gets a remodeling.
BY RYAN BRADLEY

12 FIRST
Game Changers
Retailing is abuzz over Starbucks’ Venti push into supermarkets.
BY BETH KOWITT

14 FIRST
World’s Most Admired Companies
How BMW focused on its design and production to boost sales in China.
BY CRAIG GIAMMONA

15 VENTURE
How I Got Started
John Tu didn’t know much about storage when he started Kingston Technology. But he knew how to sell it.

INTERVIEW BY DINAH ENG

19 TECH
Rivalries
The threat of Apple’s next move looms large over streaming-media pioneer Roku. Not that it’s worried.
BY CHANELLE BESSETTE

22 TECH
Tech@Work
A dream team of Cisco veterans returns from retirement to take on the company’s biggest threat to date.
BY MICHAL LEV-RAM

30 TECH
Logistics
Can the tech industry find a way to make money with same-day delivery? The clock is ticking.
BY JP MANGALINDAN

8 Editor’s Desk

76 Bing!

INSIGHTS

31 Geoff Colvin

In a digital era does youth trump experience?

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ON THE COVER Photographs by DAN FORBES

[IMAGES]

PHOTO: DAN FORBESPROP STYLING: LINDA KEIL

PHOTO ILLUSTRATION:
62 Bloomberg has diversified, but the terminal is still the source of virtually all its profits.
PETER FUNCH

PHOTO:

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