One Man many heritage-From Sugar business (Parry's Coffee Bite) to an AgroGiant in Making.
Coincidentally most of the business is now run by an equally amazing business Group. An 🧵on Mr. Parry of Parry's Cornerwale

Parrys as a surname was due to the fact that he belonged to a family that used to once rule, Powys (in Wales). The flat fertile land there was ideal for farming, which ensured his family richness. Thomas Parry arrived in Madras in 1788 and was licensed as a free merchant.

While most other Englishmen involved in the Trading in those time were either Writer or Cadet of EIC. Been a Free agent, gave give freedom, but also some problems. Madras had grown from Fort St George, and had Portuguese, French, Dutch, Jews also doing the Trading.

Soon, he felt that he needed some local support, so in 1789 he took Chase (an ex Civil servant of EIC) as a partner, and they started as real estate agents. They then sold lottery tickets, discounted Navy bills, sold passages in Europe-bound ships and also distributed books.

In 1805, he established a tannery in San Thomé near his castle, and this gradually grew into an establishment employing 300 men and exporting its products – boots and army leather-goods-to the rest of the Engish World.

@ReformedTrader That is a long post, but well written. Real estate is a claim on the future prosperity or ruin of a geographical location. Real estate intrinsic values is its ability to generate cash or similar costs to rent in that area. Intrinsic value is above zero in most cases.

Ironically enough, the location that benefits most from property ownership are places where rising living costs expand faster than rising middle income wages. Deflationary areas are hostile to property ownership as price is falling make collateral and borrowing difficult.

Homes are bought using leverage with agencies loan subsidies by the governments. As long as you have fixed rates, the costs of living expenses for your housing is set for 30 or 15 years which allow family to budget. Wealth can be accumulate over time as asset and income risen.

Time passed, real estate become detach from intrinsic values. Monthly mortgage rocket pass incomes and growth in the area. Quick money into real estate turn into a landmine. The 2007 fiasco could have been better or worst, but the free market is effectively dead as an ideology.

At the time, investors attack the institutional that vulnerable to the MBS and structured derivatives linked to real estate bubble risks. Since many financial institution owned the agencies MBS, defaulting on these security means downward spiral for M1 and M2 in developed nations

@this_the_burner @typesfast Yes. Worked for a company who leased floor space to a supplier so they could put in a cage to hold inventory. When the goods passed through the door in the cage to the assembly line, the supplier was paid.

With #ResignKenney continuing to trend, I want to talk a bit about what realistic options Albertans have for holding this govt accountable.

Let's be clear about one thing - there is no way Kenney will choose to resign. There are, however, other ways to take down a leader [1/8]

that has lost the moral authority to govern.

The typical process is to simply vote their party out in the next election. Unfortunately, the next #abvote is not until spring 2023, so w/ their legislative majority, we are likely stuck with the UCP for another 2 full years [2/8]

BUT WAIT!

That doesn't mean it isn't possible to force an election sooner or remove Kenney as Premier! Let's talk about how this could work.

There are 2 feasible scenarios, both of which involve UCP MLA's breaking ranks with their party.

To force an early election, we [3/8]

would need 20 or more sitting UCP MLA's to leave the UCP Caucus, to either sit as independents or join another party, and then vote no on the next confidence motion in the legislature.

However, if the goal is just to remove Kenney as leader, this could be accomplished by [4/8]

a caucus revolt, with enough MLA's threatening to quit if he doesn't resign.

The last time AB MLA's quit a majority governing caucus was in 2014, when Len Webber and Donna Kennedy-Glans left Alison Redford's PC Caucus.

Although only 2 quit, upwards of 10 threatened to & [5/8]

Apologies for tweeting about European Land so much yesterday, but this article was a significant moment for us. For more than 3.5 years we have suffered enormously and this has mostly gone under the radar in the

2/ The Times article is the first recognition of the Reubens involvement in the cladding scandal. From the time we discovered we had ACM, European Land has refused to contribute a single penny towards the remediation. Even after their own intrusive survey showed that the missing

3/ fire breaks and flammable insulation they installed were AGAINST regulations, they still refused to contribute to fix their mistakes.

4/ To make things worse, their aggressive behaviour meant they issued S20 notices against leaseholders and started billing us for millions from as early as 2018 (two years before any remediation works had even started). They then instructed their lawyers to take actions against

5/ against leaseholders and started proceedings against us if payments of £40,000-60,000 were not made within months. The stress and misery this caused us we will never forget or forgive.

This is an insightful article about what's wrong with Google as compared to Amazon, Microsoft, Apple and Facebook.

Which actually reminds me of the difference between organic and engineered designs:

Organic or biological designs are reusable designs from the ground up. They accommodate the needs of the environment because of the generality of the architecture. They don't pretend to solve just a narrow problem.

Architectures like biology that lead to general intelligence (i.e. like you) are from the ground up built from reusable components that encourage combinatorial mixing opportunities. One can never correctly guess the needs of the environment (i.e. market).

The opposite of generalization is pre-mature optimization. A company that has is genesis as a one-product company has a bias toward optimizing the entire stack. As a consequence, it compromises reusability and thus shuts of future opportunities of evolution.

A thread on my experience and observations of the grocery delivery apps in India.

@Grofers @bigbasket_com @JioMart @flipkart supermart, @amazonIN and DMart Ready.

Live in Pune. So my experience is of this city. User experience may vary according to location.

1/11

1)@Grofers - good app, good delivery timelines, decent prices, limited selection, delivery free above a certain threshold is a negative, point and Grofer cash not very good. Offers on checkout not proper and visible . Limited vegetables.
2/11

Private label selection, prices decent. Overall decent experience.

With advent of others may face stiff competition. Maybe acquired or merged with someone.

3/11

2) @bigbasket_com - good app, good delivery, timelines, decent prices, decent selection, delivery free over a threshold is a negative. Overall decent. Will face stiff competition. Will be acquired by someone.
4/11

3) @JioMart - started poorly. But improving by the day. Each experience better than prev one. First delivery was 4 days, then 2 days, then 1 day. Last delivery on same day. Not intimating delivery schedule is an irritant and needs improvement.
5/11

1/

Thread:

#DishaRavi, one of the founders of "Fridays for future India" has been arrested promptly by Delhi Police.
Let's look at why this was the best move to make.

Also let's see who she is and what her connection is to Greta.

2/

At first glance, you can find that Fridays for Future is an organization founded by Greta Thunberg with branches who conduct school strikes all across the world. Like so.
India, as you can see, is No. 3. And this is the map within India. South seems to dominate. AND

3/

They have global "protests" in almost all countries.
Coming to Disha Ravi, she's an "activist" from "Fridays for Future India" and was featured in Vogue when she joined, providing an educated guess that she may be leading the movement in India. Now...

4/

Let's see what this "climate activist" has done. This is a snippet from Fridays for Future India. As we can see, they have planted weeds all across India. The second SS is a snippet of their "actions" as found on their int'l website. India seems to be one of the highest.

5/

Doesn't end here. This is a snippet from Fridays for future India's instagram page. Take a look at the dates. No need to explain this.
Arresting this woman was the BEST thing that our Police have done till now. They seem to instigate people against GoI, running an agenda.

10 sales tactics that work:

1/ Stage out the conversation

One conversation is just that: another conversation.

Land a second, and now you’re being “evaluated”.

Don’t try to jam through everything in the first convo.

Do just enough to pique their interest and land that second meeting.

2/ Do your homework

If you’re pitching a customer, use their product,

Read about the company and the person you’re talking to.

Ultimately, this proves that you will do the work to make their lives easier.

It’s so powerful yet so easily overlooked.

3/ Ask about the decision making process

Who is required to make a decision like this?

What would you need to see from me to be able to buy?

How long will it take to make a decision?

These questions give you the roadmap on how to close the deal.

4/ Don’t always demo

Sometimes it’s habit to jump straight into a demo.

If someone wants to talk first, do that.

This could consume a whole first conversation.

Which gives you a great excuse for that second meeting: going thru the demo.

Financials are strange businesses. On a sale, money goes out from the pocket rather than coming in.

Growth comes first. NPA comes later.

Aavas Financiers says: “What Kills Others Makes Me Strong”

Buckle yourself up as we’ll take you through the 19-20 AR

1/

Challenges for Aavas:

~People, Process & Branch intensive
~Caters to Tier2 to Tier 6 towns
~Underwriting difficult
-Lack of docs
-No CIBIL records
-Mostly catering to EWS and LIG category

Now let’s run past the AR to find the cues to their success

2/

Aavas Financiers

A Fast-growing Small Housing Finance Company in a Large Growing Housing Finance Market in India

A Fast-growing Small Fish in a Large Growing Pond

3/

~The Chairman
~The CEO
~The CFO

See what they say

4/

~Strategic Objectives
~Credit Risk Appraisal Framework
~How Aavas is Being Different

1/n
How we think about commercial property management:
1) Asset management
2) Property management
3) Operations
4) Accounting
5) Leasing

All functions are necessary and may be combined in many situations, but it's important to distinguish for clarity of thought.

2/n
Asset management: evaluating the long term investment of the property. IRR from purchase to sale, capital improvements (as necessary; you can over- and under-spend here leading to suboptimal returns), and strategic vision (i.e. bldg class) tying it all together.

3/n
Property management: understanding the physical asset. Overlaps w/ asset mgmt on, e.g., HVAC or roof CapEx. Fire/life safety regulations, ADA compliance, landscaping to draw tenants (but don't spend unnecessary $), dealing with water leaks or squatters, etc.

4/n
Operations: often thought of as property management too, but we distinguish. The blocking and tackling. Inbound issue (mostly tenants, sometimes from owners, etc.) and outbound solution (provided by us, vendors, etc.). A high volume activity -> different skills than PM.

5/n
Accounting: the most straight forward in the traditional sense. We don't do CPA work because we are 3rd party and the building is usually a small slice of an owner's tax picture. Efficient and accurate accounting w/ high importance for CAM accts and reconciliations.

Diff between Bajaj Finance and HDFC bank customer experience

My friend who got loan from both says BAF charged him 4% higher interest rate than HDFC bank. But process of disbursement was so fast and simple that he got amount in his account in 2 days. While HDFC bank took 2 weeks

It’s all about cost saving against convenience/urgency. I think Bajaj Finance has a very good value proposition.

A short thread about being a self-published author while I wait for something to render. A lot of people hate Amazon, and they do have some business practices that they really should change, but for me, their book publishing service allowed me to be an author (1)

Without Amazon's services, we would still be stuck in the old publishing dichotomy of traditional publishing (where an author has an agent and a publisher) and vanity press (where an author pays a publisher to print their book). (2)

Does it mean I'll never get my book sold in @Waterstones? Sure. Does that bother me? Not really. Waterstones and other traditional book stores carried my first novel for two years when I was signed by a small publisher in Edinburgh. I got zero sales. (3)

It was the worst mistake of my life, as the publisher marked the book up significantly, pricing it out of the market. In hindsight, I should have never signed the agreement, and thankfully was released from it in 2019. (4)

I recently got in touch with @Bookshop_Org on the back of an article I read about them. In theory, it sounds great, and I wish them every success in allowing small indie bookstores a better chance against corporate giants (5)

Here's our Sunday Wrapup
- Our 2021 Spring Previews are out (will be linked below
- Bike shortages will be a real thing this year. We're already feeling it with some brands.
- We're upset/scared/frustrated about Covid, and are limiting appointments to urgent repairs only.

City Bike Preview--> Breezer, @VSFManufaktur, @gazellebikesusa
Affordable transportation. Reliable & built to last (with 10 year warranties). Fun and easy to ride every day.

Gazelle E-bike Preview--> Ultimate Series (Completely Amaazing, and new!), Medeo Series (sporty and fun), Upright Series (Maximum Dutchiness).
--
Good availability on most models, limited availability on Arroyo Elite and EasyFlow

Family Cargo Bike Preview--> @ternbicycles @UrbanArrowcom @larryvsharry @babboe_bakfiets
--
So many amazing choices to have fun with your family while getting stuff done. Our family is rolling with a Larry vs Harry Bullitt, and a Tern GSD in 2021.

Cargo Bikes for Business -->
This is a new opportunity for local businesses to take advantage of an incredible $2000 grant toward an electric cargo bike. We're here to consult with you on the best way to move your business forward, on a

After 5126 failed prototypes over 5 years, any inventor would have given up

But Sir James Dyson stayed put and

- Invented a product which completely transformed the market
- Set up a company with 7 billion $ revenues
- Became the richest man in UK

A thread on Dyson 🧵

1/

1970s - James Dyson was a UK born industrial designer. He was fed up using the traditional vaccum cleaner with disposable bag which would stop working because of dust clogging

He tried using a cyclone based system which would extract the dust without clogging

2/

He even constructed a small prototype & connected it with the traditional vaccum cleaner with bag removed. It seemed to work decently

He presented the concept to many. But most of them rejected saying if the idea was so great, big companies would already have thought of it

3/

1979 - But Dyson didn't give up. He was able to raise an initial investment from another inventor friend and via some loan from the bank

He started developing the cyclonic vaccum system in the shed behind his house.

4/

Between 1979 and 1984, Dyson developed 5126 prototypes before getting the right one without a bag finalized

He tried licensing this invention to the companies in UK and US who can manufacture and sell the product. And give Dyson some royalties on sales

5/

@bburnworth Here’s some background

1. Global Vehicle Fleet

2. Natural Demand for new vehicles to support the evolution of the Global Vehicle Fleet

3. BEV Penetration S-Curve that you already alluded to

4. Evolution of BEV supply based on combining Natural Demand and the BEV Penetration S-Curve

5. Evolution of Tesla volume based on 20% Global Market Share of BEVs

Okay, let's learn this morning😊😊. Quote your replies.

1. What is the pronunciation of "SUITE?"

2. What's the difference between Homonyms, Homophones and Homographs?

3. Words Denoting Places, Profession/Trade.

A. What's a house of an Eskimo called?

B. A place for the collection of dried plants is called?

C. A place where spirituous liquors are produced is?

D. One who is skilled in the care of hands and feet is what?

E. One who cuts special stones is?

F. One who lends money at exorbitant interest is?

G. One who collects postage stamps is what?

H. The head of a town council or corporation is?

I. One who compiles the dictionary is ?

4. FLOUR is pronounced as _________?

Thread:
An explosive new criminal complaint against Martin Inacker, the former CEO of @wpmeurocom in #Germany shows Inacker potentially double crossing his #Saudi clients by colluding with #Qatar to cover up Doha's #Hezbullah's sponsorship in exchange for hush money.

According to the complaint, Inacker had kept the terms of his initial agreement with the #Saudi Ministry of Information (following his work with the Saudi Embassy in Berlin) secret from @wmpeurocom 's Board of Directors.

He had used unethical methods to promote a hyperbolized, if not outright mendacious, brochure that was supposed to improve the image of #KSA and the royal family. He had promised a list of high level political and business context to the Saudis as part of his business.

A strategy paper developed by Inacker was leaked to the papers showing unethical, and possibly illegal pressure on ten journalists to switch their "tone" on #KSA as a result of Inacker's lobbying efforts.

However, despite throwing these journalists under the bus, by his own admission Inacker did not appear to have succeeded in pressuring them to "switch their tone". This shows Inacker's duplicity: 1) he lied to his Saudi clients about his alleged success.