Wasn’t easy to book losses in this #Antibiotics business after waiting for 4 long years. Was even more difficult re-entering the same business after few months when @punitbansal14 broke the news of a major yield improvement and slew of R&D filings across the Antibiotics spectrum!

In 1937, a trucker got frustrated waiting for his cargo to be unloaded. He later sold his company for $1.1 billion.

Here’s the story of how Malcom McLean made a billion dollars and which startup could be following in his footsteps. (Inspired by our episode with @laurabehrenswu)

In the early 1950s, the shipping industry was a dying business.

New York’s docks were handling half as much domestic cargo in the early 1950s as they had been in the depressed 1930s.

In thirty years, no one had invested significant money in coastal shipping.

Why?

As McLean found out, loading ships was difficult and slow.

A truck or train would deliver items to the port. Each item was unloaded separately, recorded, and carried to storage.

When a ship was ready, each item was taken from storage, counted again, and hauled on-board.

The cost of this labor was significant. As one expert at the time explained:

“A four-thousand-mile voyage for a shipment might consume 50 percent of its costs in covering just the two ten-mile movements through two ports.”

Yet, despite the industry’s issues, it felt little pressure to change.

Foreigners were barred from operating domestically. Cartels ran international routes. And gov. subsidies eased the pain of labor costs.

Reshaping the industry needed an outsider.

Enter Malcolm McLean.

The Ife Primary Education Research Project (1970-1983).

aka

The Ife 6-Year Primary Project.

In 1970, as the Director of the Institute of Education of the then University of Ife (now Obafemi Awolowo University, Ile-Ife), later Dean Faculty of Education, Prof. Babs Fafunwa & his team embarked on one of the most groundbreaking research projects in education for Yorubaland.

The aim of the project was to test the hypothesis that the best instructional medium for good concept formation at a very tender age is the mother tongue.

This was bolstered by the observation that “of all the continents and peoples of the world, it is only in Africa…

…that formal education is offered in a language that is foreign to the child.”

So, Yoruba was to be used & tested as an exclusive medium of passing information or instructions to a set of pupils.

The project was based on the premise that:

(a). the child will benefit culturally, socially, linguistically & cognitively.

(b). the child’s command of English will be improved if he is taught English as an entirely separate subject by a specialist teacher through the 6 years.

Krishna & Paarijaata apaharana #sculpture #story #Thread

Parijata tree was in Indraloka which was one of gifts he received from churning of Ocean to obtain Amrit.

This beautiful #sculpture depicts Indra Dev chasing Shri Krishna for stealing parijatha tree branch from Indralok

📸- sculpture on outer walls of Hoysaleswara temple, Halebeedu,Karnataka

Krishna has 4hands with Shankha,Chakra,Mace&Lotus holding Satyabhama tightly,mounted on Garuda. Garuda has a beautifully carved Parijata tree trunk in left hand& a weapon in his right hand, attacking Indra.

Other side is Indra,riding on Airavata.Indra can be seen attacking Krishna with his Vajrayutham.Airavata is charging towards Garuda.Wife of Indra can be seen in pillion seat.Just look at the Detailing of Garuda & Airavat sculptures.

So what led Krishna to steal parijatha tree👇

Narada Rishi once returning from Indralok collected few Parijatha flowers&reached Dwaraka.There he met Bhagwan Krishna&gave the heavenly flowers to him.Narada explained the greatness of Parijatha flowers & also said that these flowers must be given to the most loved ones.

Despite knowing Satyabhama’s anger,Krishna gave it to Rukmani Devi.Narada Rishi then went to palace of Satyabhama. He narrated whole incident that had happened.Satyabhama turned furious on hearing that Krishna gave Parijatha to Rukmini.Then Satyabhama shows her anger to Krishna.

My simple Approach towards Breakout trading :

1. Scan stocks on the basis of FTDB Scanner.

2. Buy stocks with EMA-9> EMA-21> EMA-63 > EMA 200 & Volume 200% up

3. maximum SL of 1.25X ( ATR )

4. I do breakout trading only in Nifty -500 stocks

#StockMarket
#trading
#Nifty