Jubilant Foodwork -10% in pre-open

Organization bigger than the individual will be tested again?

Reaction when Ajay Kaul resigned: -8.2% intraday, closed -5.4%

Since Pratik Pota took over: +417%

#jubilantfoodworks #StockMarket #Nifty

Has more than 70% market share in organized pizza market

Stock -28% YTD
Trades at 59x now vs 78x at its peak
Challenges ahead for Jubilant Foodworks

-Find a successor
-Consumer inflation impacts discretionary spends
-Difficult to take another price hike
-Freight & delivery bill to be impacted by fuel price hikes

#dominospizza

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I just finished Eric Adler's The Battle of the Classics, and wanted to say something about Joel Christiansen's review linked below. I am not sure what motivates the review (I speculate a bit below), but it gives a very misleading impression of the book. 1/x


The meat of the criticism is that the history Adler gives is insufficiently critical. Adler describes a few figures who had a great influence on how the modern US university was formed. It's certainly critical: it focuses on the social Darwinism of these figures. 2/x

Other insinuations and suggestions in the review seem wildly off the mark, distorted, or inappropriate-- for example, that the book is clickbaity (it is scholarly) or conservative (hardly) or connected to the events at the Capitol (give me a break). 3/x

The core question: in what sense is classics inherently racist? Classics is old. On Adler's account, it begins in ancient Rome and is revived in the Renaissance. Slavery (Christiansen's primary concern) is also very old. Let's say classics is an education for slaveowners. 4/x

It's worth remembering that literacy itself is elite throughout most of this history. Literacy is, then, also the education of slaveowners. We can honor oral and musical traditions without denying that literacy is, generally, good. 5/x