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MELBOURNE: The Sporting Capital of Australia
MICHAEL BURRY'S Investment Hotspots +
The Unseen Thread: How THE NEW YORK TIMES Connects Us to the World
THE MostSuccessful Business Leaders to Watch Out
ANA O RAMÍREZ
Chair Of The Board Of Directors Rhisco
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From brands like Tesla to Coca-Cola, get the in-depth analysis of their brand strategies, competition and much more in the Case Studies section of The Enterprise World
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New York to Mumbai, wander the cities with The Enterprise World's this special section. Know everything you need to know about metro cities of the world.
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Get exclusive insights about The Enterprise World's monthly magazines and other news in this Press Release Section.
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Access The Enterprise World's special video interviews with the most visionary and innovative leaders around the globe in our Video Interviews section.
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WelcometothelatesteditionofTheEnterpriseWorldmagazine,wherewepresentto youacompellinginsightintotheworldofbusinessleadershipwithourspecialissue titled Inthisedition,we "TheMostSuccessfulBusinessLeaderstoWatchOut."
bringyoustoriesofresilience,innovation,andvisionaryleadershipfromsomeofthe mostaccomplishedbusinessleaderswhoaremakingwavesintheirrespective industries.
Asthebusinesslandscapecontinuestoevolverapidly,theroleofeffectiveleadership hasneverbeenmorecritical.Inthefaceofunprecedentedchallengesanddisruptions, theseleadershavedemonstratedremarkableagility,strategicforesight,andarelentless commitmenttoexcellence,drivingtheirorganizationstowardssuccessand sustainability.
Throughexclusiveinterviews,thought-provokingarticles,andcaptivatingprofiles,we showcasethejourneys,achievements,andinsightsoftheseexceptionalleaderswhoare shapingthefutureofbusiness.Frompioneeringentrepreneursandseasonedexecutives todisruptorsandgame-changers,eachstoryoffersvaluablelessonsandinspirationfor aspiringleadersandseasonedprofessionalsalike.
Inthisissue,youwilldiscoverhowtheseleadershavenavigatedthroughadversity, embracedinnovation,andleveragedemergingtechnologiestodrivegrowth,foster innovation,andcreatelastingimpact.Fromharnessingthepowerofdigital transformationtochampioningdiversityandinclusion,thestrategiesandphilosophies sharedbytheseleadersofferinvaluableinsightsintotheevolvingdynamicsof leadershipintoday'sdynamicandcompetitivebusinessenvironment.
Joinusaswecelebratetheaccomplishmentsandcontributionsof"TheMost SuccessfulBusinessLeaderstoWatchOut"andgainvaluableperspectiveson leadershipexcellence,organizationalresilience,andthepursuitofsuccessinaneverchangingworld.Thankyouforembarkingonthisjourneywithusasweexplorethe inspiringstoriesandinsightsoftheseremarkableleaders,shapingthefutureof businessandinspiringthenextgenerationofleaders.
Shalmali W.Forthecoverreadabout-
BeingtheChairoftheBoardofDirectorsat isaleader Rhisco,Ana withnearly30yearsofexperienceincredit,comprehensiverisk management,banking,reengineering,audit,corporategovernance,and mergersandacquisitions.Moreover,sheisanindependentnon executivedirectorandmemberofvariousrisk,audit,andfinance committees.Anaisafounderandownerofbusinessesinthefinancial andinteriordesignsectors.Herstrongsocialcommitmentis demonstratedthroughherpositionasaVicePresidentandBoard memberoftheObras FoundationandasaDirectorofProductive ProjectsintheSierraChontalOaxaca.Anaisafoundingmemberofthe NationalCollegeofIndependentProfessionalNonExecutiveDirectors toCompanies.
Foundedin2010,RhiscoislocatedintheUK.In2014,itsbranchwas openedinMexico,andin2023,itsUruguaybranchwasestablished. Startedasaconsultingfirm,thefoundersalwaysthoughtofconstructing variouslandscapesthatcouldsolvemostoftheproblemsobservedby theteamwhileconsultingclients.
Successfulbusinessleadersbalanceriskandinnovation.Whethertheyarerunningawell-
establishedinstitutionorastartup,goodbusinessleadersinspireotherswiththeirvision.
Someofthemostfamousbusinessleadersintheworldareknownforhelpingothers realizetheirfullpotentialbyhoningtheirinherenttalentsandempoweringthemtotakethelead.
AnaORamirez(ChairoftheBoardofDirectorsatRhisco)isaninfluentialbusinessleader motivatedbythemantraofexceptionalefforts,incomparableservices,andthebestclient experience.Shebringsanewlevelofintelligence&technology,transformingdataintoa profitableasset.
BeingtheChairoftheBoardofDirectorsatRhisco,Anaisaleaderwithnearly30yearsof experienceincredit,comprehensiveriskmanagement,banking,reengineering,audit,corporate governance,andmergersandacquisitions.Moreover,sheisanindependentnonexecutive directorandmemberofvariousrisk,audit,andfinancecommittees.Anaisafounderandowner ofbusinessesinthefinancialandinteriordesignsectors.Herstrongsocialcommitmentis demonstratedthroughherpositionasaVicePresidentandBoardmemberoftheObras FoundationandasaDirectorofProductiveProjectsintheSierraChontalOaxaca.Anaisa foundingmemberoftheNationalCollegeofIndependentProfessionalNonExecutiveDirectors toCompanies.
Rhisco
Ana O RamírezFoundedin2010,RhiscoislocatedintheUK.In2014, itsbranchwasopenedinMexico,andin2023,its Uruguaybranchwasestablished.Startedasaconsulting firm,thefoundersalwaysthoughtofconstructingvarious landscapesthatcouldsolvemostoftheproblems observedbytheteamwhileconsultingclients.There weresimilarproblemsandthesolutionslookedmorelike patchesratherthanarealwayofsolvingthe technologicalissuestheywerefacing.Inordertoprovide variousservices,thecompanyhasaplatformthathelps itsclientsdelivertheirregulatoryreportsandloansalong withriskprovisionscalculation.Intheconsultancyarena, thecompanydeliversad-hocsolutionstoitsclients throughaspecializedteamthatincludesfunctional, integration,anddevelopmentprofiles.
ThemaininspirationbehindestablishingRhiscowasto helpothercompaniesbridgethegapbetweenbusiness andtechnology,whetheritisthroughconsultingservices orplatforms.Thecompanyfaceditsmostsignificant challengeinclearlyarticulatingitspurpose, methodologies,andthedistinctiveaspectsofitsapproach thatsetitapartfromotherenterprisesofferingsimilar products.Havingclear,measurable,andmeaningfulgoals thatcouldbeunderstoodbyanorganizationandreflected attheindividuallevelisAna’sleadershipphilosophy Moreover,measuringthemthroughtheperformance reviewexerciseandconstantfeedbackisthewayto ensurethatthesegoalsgetreflectedthroughoutthe organization.
AtRhisco,theteamcomprisesspecialistsdedicatedtothe deliveryofcomplexriskmanagementandcapital optimizationprojects.Thecompanyoffersarangeof servicesandtechnologysolutionsintheareasofrisk, governance,control,andcapitalmanagement.Rhiscohas atrackrecordofcollaboratingwithsomeoftheworld’s largestbanksandinsurers,aidingtheminachieving strategictransformationsandnavigatingthechallengesof anevolvingglobalregulatorylandscape.Themissionof thecompanyistocollaboratecloselywithclients, utilizingbothcutting-edgeandproventechnologies, alongwiththeirexpertise,tocreatetailoredsolutions addressingspecificriskandcapitalrequirements.This, coupledwithapersonalizedapproachandmeticulous attentiontodetail,positionsRhiscoasatrustedadvisorto itsclients.
Tomaintainstabilityandprofitabilityinthe organization’sfunctioning,itisimportanttobalance theneedbetweeninnovationandrisks.Rhiscobuilds productswhetherthatisthroughthecompany’s platformoritsconsultancyservicesthatbring consistentandreliableincome.Henceforth,the companycandedicatetheresourcestolookfortrends andreviewthetechnology.Itallowstheconstructionof newprototypesfortestingifitsapproachandpremises arecorrectandappropriate.
Identifyinganddevelopingthetalentforthebetterment ofthecompanyrequiresaclearunderstandingofthe rolesofthecompanyandwhatskillsareessential. Theserequirementsincludesoftskills,astrong alignmentwithtencompanyvalues,andanytechnical, leadership,orteamskillsbuiltwithablendofinternal andexternaltraining.
AccordingtoAna,thefundamentaldistinctionisnot technologyperse,butratherthecomprehensionofthe issue,theapproach,thestrategy,andtheteam developingthesolution.Akeycomponentinhelping customerstomakeseamlessexperiencesthrough technologyistounderstandthewayofsolvingtheir problemswhichmaycreatefriction.Henceforth, Rhiscofindsthesolutiontomitigatethefrictioninthe processofsolvingcustomers’problems.
TotakeRhiscoonestepahead,itsteamisgoingtodo thesethings:
a)Gotootherindustries.
b)Gotoothergeographieswithakeenfocuson CentralandSouthAmerica.
Rhiscofacedchallengesinitsinitialdayswhenit shiftedfrombeingonlyaconsultancytoa technologicalplatformcompany.Itwasadifficult transitionbothinternallyandexternally Thepointthat triggeredthegrowthofthecompanywaswhenits processgotstreamlined,mainlyseekingandhiring talent,anddividingitsplatformresourcesfrom consultancybusiness.Itgainedthetrustofclientsby solvingtheirtrueproblems.Moreover,thecompany understandsthatcustomerserviceisofparamount importance.
TherearetwomainunitsinwhichRhiscospecializesin:
a)Platforms:Withthehelpofitsvariousplatforms,thecompanyprovidestechnologicalsolutionsto regulatoryreportingandloananddifferentriskprovisioncalculations.
b)Solutionshub:Itsad-hocsolutionstoclientswithateamoffunctional,integration,and developmentrolesgeneratingturn-keyproducts.
Rhisco entered a competitive market for regulatory reporting and loan provisions calculations but differentiated itself by
LUIS AGUIRRE Chief Executive Ofcer
Despiteinitialcompetitionanda seeminglysaturatedmarket, Rhisco’sinnovativeapproachhas gainedtraction.Primarilyby fosteringinnovationandallocating resourcestoresearchand development(R&D),ithasbeen acknowledgedthatcompaniescan riskobsolescenceunlessthey embedadistinctcommitmentto R&Dintheircoreidentity.Loan provisionscalculation,auseful thingfortheplatformhas contributedtothesuccessof Rhisco.Thecompanyperformed thefollowingmainthingstostep aheadinthemarket:
Ÿ a)Itcollaborateswiththe productdirectorand commercialteamtoalign marketingefforts,ensuringa compellingmessagethat emphasizeswhytheplatformis thebestinitsclass.
Ÿ b)Itsupportsthemottoby executinganexercisewith potentialcustomerstousethe platformbeforebuyingit.
Ÿ c)Itcoordinatesthe implementationandsupport teamstomakesurethat customershaveadriveinareallifeenvironmentandhavea previewofitsgreatcustomer service.
Ÿ d)Itmonitorstheapplicationof platforms,consideringscenarios bothwithandwithoutsupport fromtheimplementationteam. Theplatformanalyzesthedata itgatherstoidentifyspecific featuresorareaswhereusers spendtimeandtheextentof theirengagement.
Rhiscoaimstocomprehendwhethercertainfeatures needstreamliningoriftherearefeaturesthat provideverylowvaluetocustomers.Tomitigate potentialrisks,Rhiscosupportsitsdecision-making datatounderstandthatdataisnotperfect. Henceforth,thecompanyanalyzesandunderstands whatdatatellsbycommunicatingwithcustomers. Someplayersinthemarketorpotentialcustomers candeliverabetterunderstandingofwhatarethe risksintheprocessandprovideaspecificplanto dealwiththem.Thecompanyincorporatesreviews alongtheroadandunderstandsthesituation transformationthatithastobeabletoreassess, restatetherisks,andmodifythemitigationactions accordingly.
AtRhisco,theinterdisciplinaryteamiscomprisedof experiencedprofessionalsfromdiversebackgrounds operatingacrossmultiplecountries.Theysharea passionforchallengesandtechnology Working collectively,theydesigninnovativesolutions, pushingboundariestocreativelymitigatepotential risksanddrivebusinessgrowth.Theteam’s collectivestrengthslieinitscapacities,extensive experience,andsharedenthusiasm.
Togenerateefficientprocessesandreduce regulatoryrisk,itisessentialtosystematizethe integrationofregulatoryreports.Additionally, havingregulatoryandbusinessvalidationsiscrucial toprovidecertaintyregardingthedatausedand ensureconsistencybetweenreportsbefore deliveringthemtotheauthority.Rhiscooffersthe technologicalsolutionanditsteamofexpertshelps clientstosuccessfullyimplementregulatory transformations,bringingrelevantresources, experience,andsupporttotheendoftheprocesses onthetable.
Rhiscosupportscompaniesoperatinginhighly regulatedsectorsandhighlycompetitivemarkets, includingtop-tierinternationalanddomestic companies,financialandnon-financial,niche companies,andtechservicecompanies.The companysolvesstrategicissuesforclientsthat requiresignificantspecializationandresultswith littlemarginforerror
Guaranteeing the traceabilit and security of data, until the integration of reports
With the certainty that the information is consistent with transparent validations
Save time with scalable and exible technology
Re-processing historically when it is required
Gaining autonomy & control over the reporting process
Sustaining a more efcient and compliance dynamic
Always guaranteeing formats and content are in force
Rhiscooffersadviceandspecialized independentreviewswhereitsdelivery integratesexpertcriteriaandbalanced professionalethicswithabusinesssense.The companygeneratesthegreatestvaluefor clientsbyidentifyingforthemtheelements thattheymustimplementormature,the businessestheycanobtain,andtheincreasein efficiencythatiswithinreach.Itdesigns realisticroutesforcompaniestoadvancein theirlevelofmaturity.Customersarefreeto challengethecompany’sapproachtosolve strategicproblemsinnovativelyandgenerate profitabilityfortheircompany.
DesignedandcreatedbyRhisco,Tegra®isa technologicalplatformforquantitativeanalysis anddynamicmanagementofbusinessrules appliedtodata.Focusedonprofitabilityand riskmanagement,regulatoryreporting,and businessandfinancialreporting,Tegra®solves challengesforentitiesthatrequire:
Ÿ Toperformseveralanalysesonthesameset ofdata,applyingdifferentrulesforeach analysis.
Ÿ Toensuretheconsistencyofthe informationusedinthevariousanalyses throughbusinessandregulatoryvalidations, obtainingcertaintyintheinformation.
Ÿ Tohavetransparencyinthetransformations andenrichmentsofinformationcarriedout fromtheorigintotheoutput.
Ÿ Todemonstratetraceabilityintheanalytical process,intheusersparticipatinginthe process,andintheinputsusedforthe differentoutputs.
Ÿ ToachieveautonomyfromRhiscoandthe internaltechnologyarearegardingcontrol overthebusinessprocess,withinformation securityandaccesscontrolstandards.
Ÿ Tohavetheflexibilityandscalabilityto evolvetheuseoftheplatformtonew analysesandimproveitsperformance, withoutlimitationsduetothevolume, frequency,andcomplexityofthe information.
A city where the streets hum with the rhythm of life, where every corner holds a story waiting to be discovered, where the symphony of sights and sounds awaken your sensesMelbourne. Located at the head of Port Philip Bay, Melbourne is the capital city of Victoria, Australia. It is known to be the sporting capital as well, because of its craze for sports and hosting renowned sports events.
The city has a population of over 5 million and has been home to Aboriginal Victorians for over 40 thousand years. It is also an important meeting place for local Kulin nation clans, Wurundjeri, Boonerwrung, Taungurong, Djajawurrung, and the Wathaurung, and is the second most populous city in Australia.
The people of Melbourne refer to the city's climate as ‘four seasons in a day’. Though it might be an exaggeration but the city does experience unpredictable weather because of its geography. It is wedged between southern arctic inuences and northern desert winds. Hence, it can go from cloudy to rainy to chilly in a single day.
Tough, it might not be on an everyday basis. The city does experience stable, typical weather for the time of the year, with the occasional sudden shift. If you want to experience the city in any month, make sure to carry layers of clothes with you.
Summertime is between December to February and can get extremely hot. March to May months witness the Fall season that illuminates the city and trees get adorned in golden foliage. The months of June to August are dreary and cold winter season but it rarely snows there. September to November is the spring season when the ower starts to bloom in the city.
The best time to see the metropolitan city of Melbourne is between March to May and September to November when the city is covered with vibrant hues of color and decent temperature.
If you want to enjoy the beaches that are close to the city, December to February can be the ideal months.
Melbournewasfoundedin1835,ontheYarra Riverafteranabortivebidin1803toestablisha settlementinsidethePortPhillipBayheadsnear Sorrento.Itrespectfullyacknowledgesthatitis locatedinthetraditionallandoftheKulinNation andhasbeenanimportantplaceandlocationfor meetingsandevents.
Thecitygrewandbecameabustlinghuboftrade andcommercefueledbythegoldrushofthe 1850s,whichcontributedtoitsgrowthin population.Peoplefromallcornersoftheglobe cametoMelbourneinsearchoffortune,andwith thiswealthcameculturetoo.Thestreetsfilled withbuildings,theaters,andgalleries.
Inthe1890s,itsaweconomicdownturnsand laborstrikes,astheworkersfoughtforfairwages andbetterconditions.WorldWarIandtheGreat Depressionbroughthardshipandsacrificeover thecity.Yet,itenduredandreinventeditself. Afterthewar,thecomingyearssawawaveof immigrationandmadethecitythediverseand multiculturalmetropolisitisknownastoday.
Melbourneisamulticulturalcitythatisnamedas theCulturalCapitalofAustraliabyits inhabitants.Afteritsestablishmentin1835,ithas beeninfluencedbyEuropeanculture, particularlythatoftheBritishIsles.The immigrationofChineseandAmericanpeopleat thetimeoftheGoldRushalsoinfluencedits culture.
Melbourneisalwayslivelywithnumerousevents andfestivalshappeningthroughouttheyear, especiallysportseventsasitisthesporting capitalofAustralia.Itrepresentsover140 culturesandisknownforitsrestaurantculture.It issaidtobeoneofthebestlivablecitiesbutitis notforearlyrisersastheyembracehaving brunchalot.
FederationSquare-Locatedintheheartofthecity,Itisauniqueanddynamicpublicspacethathostsseveralfestivals andevents.Youcanalsoenjoyvariousotherculturalspacesandcafesthatarenearby
NationalGalleryofVictoria-Itisrenownedtobethemostvisitedgalleryinthecountryandholdsanextraordinary collectionofartworks.Theseartworksrangefromindigenousandnon-westernarttocontemporarypiecesandmajor Europeanclassics.
Cafeandcoffeeculture-Melbourneisaparadiseifyouareacoffeelover.Havingcoffeeisnotjustapartoftheir breakfastorsnackbutalifestyle.Theytaketheircoffeebrewingseriouslyaseverybaristahonestheskillofcoffeemaking. They'recustodiansofflavorandconnoisseursofcoffeeart.Youwillfinddeliciouscoffeeineverycafeyouenter
Marketsandlocalshops-Therearevariousmarketsandshopsthatyoucanvisitandexploretolearnabouttheirculture andcollecttraditionalsouvenirs.SomeofthemareQueenVictoriaMarketforstreetfood,PrahranMarketforfresh produce,StKildaForeshoreMarketonSundaysforsouvenirs,andCamberwellSundayMarket.
MelbourneCricketGround-ItisahugestadiuminthecenterofMelbournethatholdsvarioussportsevents.Youcan grabaguidedtouroftheMelbourneCricketGround.YoucanalsograbtheticketsfortheAustralianFootballLeaguethat isheldonthisground.
Attendfreefestivals-Melbournehostsseveralfestivalsandeventsthroughouttheyear.Thesefestivalsrangefromfood festivalstoculturalfestivals.Youcanattendthesetoknowthemulti-cultureofMelbourne.
Museums-WanttoknowthediversehistoryofMelbourne?YoucangotomuseumsliketheMelbourneMuseum, ImmigrationMuseum,andBunjilakaAboriginalCulturalCentre.
Melbourne doesn't have any specic cuisine as the city has a diverse culture because of immigration from multiple ethnicities from Asia, China, Europe, and America. Hence it is a food lover’s perfect destination to tame their taste buds with its wide range of avours.
Saltandpeppercalamari- ItistheAustraliantakeonthe traditionalcalamarifromCantonesecuisine.Itisdeepfried thencoatedwithsaltandpepperanddunkedinsweetand spicysauce.Itismostlyservedwithasalad.
Anzacbiscuit-Itwasoriginallyknownas‘soldier’s biscuit’or‘Anzactile’becauseitwasthefavoriteof travelingsailorsandsoldiers.Themodernbiscuitismadeof oats,flour,coconut,butter,goldensyrup,andbakingsoda whichgivesitafluffy,lighttextureandasweettaste.
Pigsinablanket-Itismadewithsausageandisservedas asidedishorappetizer.Togiveitasavoryflavor,acocktail frankfurterwrappedinbaconisused.Occasionally,cheese isalsostuffedtoenhancetheflavor
Piefloater-InthisdishPeasoupwithmeat,alongstandingrecipeinEnglishculinaryhistory,iscombined withatraditionalAustralian-stylemeatpieforaunique dish.
ChickenParma- IthasItalianoriginsbutiscommonly foundinMelbournerestaurantsandbars.Togiveitan Australiantwist,somerecipesincludehamorprosciutto withcomplementaryflavors.
Melbourn’sstreetsarefilledwithamazingartdonebylocal artistsandattractotherartiststoimmerseinthebeautyofitas well.Therearefreeaswellasfee-basedtoursthatyoucanopt for
Itisahistoricinstitutionthatwelcomesovereightmillion visitorsayear.Ithasacentralrotundainoctagonalshape, originaldarkwoodfurniture,andbook-linedwallswhichitis famousforandyoushouldn'tmissit.
Thegardencovers86acresoflandandishometoover8,500 plantspeciesfromacrossthecountyandaroundtheworld.You canalsocatchamoonlightmovieinsummerherewhereyou canbringyourownfoodanddrinksandhaveacozypicnic.
Itisconsideredasoneofthebesthistorichousesinthecityand thebuildingisover160yearsold.Itblendsamixofclassic ItalianatearchitectureandAustralianregency.Bytakingatour ofthisestate,yougetarareglimpseoftheluxuriousand opulentlifeofhighsocietyin19th-centuryAustralia.Though, thetourchargesasmallfee.
ThereareplentyofbeachesnearMelbournethatyoucangoto relax,surf,anddovariouswateractivities.Someoftheseiconic andbeautifulbeachesthatyoushouldn'tmissareSt.Kilda Beach,BrightonBeach,andWilliamstownBeach.
TheperfectplacetoenjoyMelbourne'swildnightlifeis St.Kilda.Theareaishometotonsofinexpensive restaurants,bars,andclubsandyouwillgettoimmerse intherichtasteofmouthwateringfoodandhangout withfellowtravelersandlocals.
Renownedforitsnightlypenguinparade,PhilipIsland islocatedtwohoursfromthecity.Italsohasakoala sanctuaryandahugesealcolonythatliveoffshores.It housesaroundseventhousandpeopleandhasunique wildlife,caves,andsecludedbeachestoexplore.
Melbourneoffersawiderangeofcomfortablestaysfor you,rangingfrombudget-friendlytoluxurywithagreat viewofthecityandbeautifularchitecture.Herearea fewrecommendations.
Ÿ ibisMelbourneCentral,centralbusinessdistrict
Ÿ OvoloLaneways,centralbusinessdistrict
Ÿ LeMéridien,centralbusinessdistrict
Ÿ TheNunnery,FitzroyandCollingwood
Ÿ ComfortApartmentsRoyalGardens,Fitzroyand Collingwood
Ÿ TyrianServicedApartments,Fitzroyand Collingwood
Ÿ EssenceHotel,Carlton
Ÿ BestWesternTravelPlusInn,Carlton
Ÿ LanbrukRichmondHill,Richmond
Ÿ TheCrofts,Richmond
YoucanoptforaMykicardorfreetramsinsteaddofcabsifyouareonalong weektriptoMelbourne.However,tohaveaMykicard,youhavetopaya smallfee.
Festivalsandeventshappeneverymonth.Whileit'sgoodtoexplorethem, hotelsmightbefullsoplanyourtriparoundwiselyandknowwheretostayin advance.
Twoairportsservicethecity-MelbourneInternationalAirportandAvalon Airport.MelbourneInternationalAirportisclosesttothecitywhileAvalon AirportisnearGeelongandtakesoveranhourtoreachthecity.Sowhile bookingmakesuretochooseMelbourneInternationalAirport.
Known to be the sports and culture capital of Australia, a weeklong vacation to the city of Melbourne won't disappoint. Make this your next holiday destination and enjoy the diverse culture, food, and sip of amazing coffee!
Investingisnoteveryone’scupoftea,andtherehavebeenfarlesssuccessful
stories.Naturally,whenitcomestoinvesting,youcan’thelpbutdraw inspirationfromMichaelBurry.Justayoungboy,tryingouthishandin investingwhileinmedicalschool,MichaelBurrycaughtthespotlight,wherehis nameevenreachedhighlyregardedcompanieslikeVanguard.
MichaelBurrythenwentontoshortthehousingmarket,wherehemaderoughlya $100million.HewasalsooneofthemaincharactersinanOscar-winningmovie–TheBigShort.Now,ifyouhaveseenthemovie,youmusthavewonderedwhatit wouldtaketoinvestlike‘the’MichaelBurry Whileitmaynotbeaseasyasit seems,letustakealookathisportfolioandhisuniqueapproachtoinvesting.
ScionCapital’sQ32023Investment:$4.3million
AlibabaGroupHoldingLimited(NYSE:BABA)isabigonlinesellerandtech companyworldwide.It'sratedStrongBuyandanalyststhinkitsshareprice couldgoupby$57,aimingforanaveragesharepricetargetof$140.
InJune2023,outof910hedgefunds,112ownedsharesofAlibabaGroup HoldingLimited(NYSE:BABA).ThelargestofthesewasDavidTepper’s AppaloosaManagementLP,withasignificantinvestmentworth$372million.
ScionCapital’sQ32023Investment:$4.6million
BookingHoldingsInc.(NASDAQ:BKNG)isacompanythatprovidestravel services.It'sinterestingtonotethatMichaelBurryhada$4.6million investmentinthecompanyasofSeptember2023,buthealsohadputoptions worth$7.7million.ThissuggeststhatBurrymightbeanticipatingadropinthe stockpriceandhastakenstepstoprotecthisinvestments.AlongsideAlibaba andJD,BookingHoldingsInc.wasanewadditiontoScion’sinvestment portfolioinQ3.
InQ22023,78outof910hedgefundshadinvestedinBookingHoldingsInc. (NASDAQ:BKNG).ThelargestshareholderatthattimewasArrowstreet Capital,ledbyPeterRathjens,BruceClarke,andJohnCampbell.Theyowned 511,104sharesvaluedat$1.3billion.
ScionCapital’sQ32023Investment:$4.8million
StarBulkCarriersCorp.(NASDAQ:SBLK)isaGreekcompanythatshipsdry bulkcargo.Itssuccessistiedtoastrongglobaleconomy,andanalyststhinkits sharesareaStrongBuyonaverage,withanaveragepricetargetof$23.97.
IntheJunequarterof2023,portfoliosof910hedgefundswereanalyzed, revealingthat15hadpurchasedsharesofStarBulkCarriersCorp. (NASDAQ:SBLK).HowardMarks’OaktreeCapitalManagementemergedas thelargestinvestoramongthem,withsharesvaluedat$461million.
ScionCapital’sQ32023Investment:$6.9million
NexstarMediaGroup,Inc.(NASDAQ:NXST)isanAmericancompanythat focusesontelevisionandbroadcasting.Dr.Burryhadasignificantincreasein hisinvestmentinthecompanyduringthethirdquarter,boostinghisholdingsby 225%,whichwasoneofthelargestjumpsseen.Additionally,analystsratethe company'ssharesasaStrongBuy,withanexpectedaveragepriceincreaseof around$55.
AsoftheendoftheJunequarterin2023,30outof910hedgefundswere investorsinNexstarMediaGroup,Inc.Thelargesthedgefundshareholderat thattimewasAmyMinella’sCardinalCapital,withholdingsvaluedat$129 million.
ScionCapital’sQ32023Investment:$7.6million
StellantisN.V.(NYSE:STLA)isamongthelargestcarmakersglobally Currently,thecompanyisaddressingtheaftermathofsignificantunionstrikes intheUnitedStates.Tomanagethis,it'sofferingbuyoutoptionstoworkers, aimingtocreatefinancialroomforproducingelectricvehicleswhilealso honoringunionagreements.
Inthesecondquarterof2023,27outof910hedgefundshadinvestmentsin StellantisN.V.(NYSE:STLA).Thelargeststakeamongthesewasheldby ArrowstreetCapital,ledbyPeterRathjens,BruceClarke,andJohnCampbell, valuedat$420million.
MichaelBurry,avalueinvestor,followstheprinciplesoutlinedinthebookSecurity AnalysisbyBenjaminGrahamandDavidDodd.Hefocusesonakeyideacalledthe "marginofsafety."Thismeanshelooksforcompanieswhosestockpriceislowerthan whatthey'reactuallyworth.Burrybelievesthatinvestinginsuchcompaniesissafe becausetheirstockpricesarelikelytoincreaseovertimetomatchtheirtruevalue.
Manyinvestorsuseavalueinvestingstrategy,butBurryhassomeuniquemethodsthat sethimapartandcontributetohissuccess.Here'swhatmakeshisapproachdifferent:
Hesearchesforvalueeverywhere,saying,"IfIsee valueinit,it'sapotentialportfoliocandidate.”
Hismostfamousinvestmentwasn'tastock,butcredit defaultswapsthatheusedtobetagainstthehousingmarket.
Hemakesdecisionsbasedonhisownanalysis, notinfluencedbyothersormarketemotions.
Burryiswillingtotakeadifferentstancefrom thecrowdandreliesonhisownresearch.
Heofteninvestsinunpopularsectors,believingit'sachance tobuystrongcompaniesduringtimesofirrationalselling.
Burryisknownforbeingselectiveinhisinvestments.Atthecloseof2022, ScionAssetManagementheldonlyninestocks,reflectingBurry'spreference forqualityoverquantity.Heoptsforstocksthatoffergoodvalueanda marginofsafety,ratherthanspreadinghisinvestmentsacrossnumerous companies.Thisapproachcontrastswiththestrategyofinvestinginmany companieswiththehopethatafewwillyieldsignificantreturns,asBurry aimstomakeeachinvestmentcount.
Apart from charging my phone, the rst thing I do is make black tea and read the headlines of The New York Times. Most of the time, I don’t have any idea about what to do with my life but yes, I want to know what is happening around the world. I nd it one of the popular and trustworthy sources of information acting as a watchdog and holding governments, institutions, and individuals accountable. It plays a crucial part in shaping public opinion and due to this, I can debate with my colleagues about controversial topics in the world. Instead of going online and searching the speciality of my region, I can read about it in The New York Times. Here, you can read about the newspaper and understand what journey it has made to reach to our hands in every morning.
Often called the "Gray Lady," The New York Times (NYT) has been a prominent newspaper since it was founded in 1851. Started by Henry J. Raymond and George Jones, the paper aimed to provide readers with reliable news and information. In its early years, it focused on reporting signicant events, including the Civil War. Over time, it became known for its commitment to journalistic integrity and high editorial standards. It played a crucial role in shaping public opinion and has won numerous Pulitzer Prizes for its outstanding journalism.
In the digital age, NYT transitioned to online platforms, offering news through its website and mobile apps. It covers a wide range of topics, from politics and culture to science and sports, making it a go-to source for news enthusiasts worldwide. Despite facing challenges and controversies, The New York Times continues to be a respected institution, providing valuable insights and information to readers, and making it a vital part of the global media landscape.
Civil War Coverage: The NYT Began its journey during the Civil War, providing readers with reliable coverage of the conict. it set the stage for the newspaper's dedication to inforing the public.
Digital Transition:
The NYT successfully transitioned to online platforms, expanding its global reach. Its website and mobile apps now provide timely and diverse news coverage.
Pulitzer Prizes: The NYT has been awarded numerous Pulitzer Prizes, showcasing its excellence in journalism. They recognize its outstanding reporting, Photography, and editorial commentary.
Watergate Scandal: The NYT played a crucial role in exposing the Watergate scandal, contributing to the downfall of President Richard Nixon. It the power of the press in holding those in power accountable
Pentagon Papers: The publication of the Pentagon Papers, a top-secret government report on the Vietnam War, showcased The New York Times' commitment to transparency and the public's right to know.
The New York Times' historical milestones reect its enduring commitment to journalistic excellence, contributing signicantly to shaping the standards and practices of modern journalism.
The New York Times (NYT), renowned for its editorial standards, has signicantly inuenced the global media landscape. Its commitment to journalistic integrity, accuracy, and impartiality sets the bar for newspapers worldwide. The following aspects highlight the editorial policies that have shaped its inuence:
and Verication: The NYT places a strong emphasis on rigorous fact-checking processes to ensure the accuracy of information before publication. This commitment to veriable reporting reinforces its credibility.
Impartiality and Objectivity: The newspaper strives to present news stories in an unbiased manner, separating news reporting from opinion pieces. This dedication to objectivity sets a standard for fair and balanced journalism.
EEditorial Independence: The NYT maintains editorial independence, resisting undue inuence from external forces. This commitment allows the newspaper to act as a watchdog and hold those in power accountable.
TheeditorialpoliciesofTheNewYorkTimesserveasabenchmark,influencingothernewspapers globally.Mediaoutletsoftenlooktoemulateitscommitmenttoaccuracy,impartiality,andinvestigative journalism,seekingtobuildtrustwiththeiraudiences.
Throughthesecontroversies,TheNewYorkTimesengagesinongoingself-reflection,adaptingits editorialpoliciestoaddressevolvingchallengesandmaintainitscommitmenttojournalisticexcellence. Asamediatrailblazer,itcontinuestoshapetheeditoriallandscapeandcontributetothebroader discourseonmediaethicsandresponsibility.
The New York Times (NYT) has maintained an active and engaging presence across various social media platforms through strategic campaigns. Notable among these is the #NYTReadalong initiative on Twitter, where readers are encouraged to share their thoughts and favorite articles, fostering a sense of community engagement. Additionally, the NYT's participation in the #COVID19FrontLine campaign showcased its commitment to frontline workers during the pandemic, emphasizing the importance of reliable news.
On Instagram, the #NYTPhotoChallenge allows followers to share their visual interpretations of current events, creating an interactive space for artistic expression. The newspaper's Facebook Live sessions, including "The New York Times Book Club," provide an opportunity for real-time discussions with authors and journalists, fostering a dynamic online community. Through these diverse social media campaigns, The New York Times not only disseminates news but also actively involves its audience in meaningful conversations, solidifying its digital presence and adapting to the evolving landscape of news consumption.
Challenge: With the rise of digital media, The New York Times faced the challenge of adapting to an online landscape and monetizing digital content effectively.
Response: The Times implemented a digital subscription model, requiring readers to pay for online access. This move proved successful, contributing signicantly to the newspaper's revenue and allowing it to invest in quality journalism.
Challenge: The newspaper often faced criticism for perceived political bias in its reporting, raising concerns about journalistic objectivity.
Response: The New York Times acknowledged the need for impartiality and instituted measures to ensure balanced reporting. It invested in diverse newsrooms and editorial practices to present a more comprehensive and fair perspective.
Challenge: The proliferation of online news sources led to increased competition, challenging The New York Times to stand out in a crowded digital space.
Response: The Times focused on high-quality journalism, investigative reporting, and in-depth analysis to differentiate itself. Continuous innovation, multimedia storytelling, and interactive features enhanced the reader experience.
Challenge: Operating in a world facing increasing threats to press freedom and journalists' security, The New York Times had to navigate these challenges.
Response: The newspaper prioritized the safety of its journalists, investing in security measures and protocols. It also continued to champion press freedom, advocating for the protection of journalists worldwide.
Challenge: Trust in media became a global concern, and The New York Times faced challenges in maintaining its reputation and credibility.
Response: The Times doubled down on transparency, factchecking, and correction policies. It engaged with its audience through ombudsman columns, reader feedback mechanisms, and public editor positions to address concerns directly.
In navigating these challenges and responding effectively, The New York Times has not only sustained its legacy but also emerged as a digital powerhouse. By embracing change, prioritizing journalistic integrity, and adapting to evolving reader preferences, the newspaper continues to drive growth and maintain its position as a leading global media outlet.
The New York Times has played a signicant role in shaping the trajectory of journalism, standing as a beacon for high-quality, investigative reporting. Its rich history reects a commitment to journalistic integrity and adapting to technological changes. The lessons from its legacy include navigating challenges, upholding truth, and illustrating the transformative power of a free press. The newspaper's enduring impact underscores the importance of responsible journalism, providing valuable insights for aspiring journalists and media organizations aiming to inform and enlighten society.
Establishment Year: Officially Launched In 2016
Founder: Ivan Zhao
Headquarters: San Francisco
Employees: 500
Website: https://linear.app/
Notion is described as an ‘all-in-one workspace’ by its creators. It is a productivity tool that combines note-taking, task management, database creation, and many more features in a single platform, making it a one-stop solution for organizing and managing information. Founded in 2013 by Ivan Zhao, it started as a website builder but failed in the initial stage then it was ofcially launched in 2016 as “Notion 2.0 - the all-in-one workspace”. It was popularised among the masses, especially students, and organizations due to its ability to organize with ease and create, customize, and collaborate with teams. It is suitable for everyone, whether for personal use, solopreneurs, freelancers, businesses, or students.
Notionhasawidearrayoffeaturesthatare designedtomeetallyourproductivityneeds.
NotesandDocuments-Notionhasaflexible editorthatallowsyoutocreateandorganizenotes anddocuments.Youcanformattext,embed multimedia,andfiles,andjotdownideas.
TaskManagement-Withitsbuilt-intoolslike Kanbanboard,timeline,calendar,tables,and boards,youcancreateato-dolist,assigntasks,set duedates,andtrackprogress.
DatabaseCreation-Youcancreatecustom databasestostoreinformationandtrackinventory, projects,contacts,oranyotherdatabasesthatyou needtomanage.
CollaborationTools-Ifyouhaveasmallorbig team,youcancollaboratewithyourteam seamlesslythroughreal-timeediting,comments, andmentions.
TemplatesandCustomisation-Notionhasan inbuiltlibraryofvasttemplatesthatyoucan choosefromandcustomizeasperyourneeds.Or youcanbuildyourownfromscratchtosuityour personalpreferences.
Integrations-NotionhasintegrationswiththirdpartytoolslikeGoogleDocs,Trello,Slack,and more.Thisallowsyoutoconnectwithyourtools andaccessalltheresourcesinoneplace.
CentralizedKnowledgeBase-Notionservesasa centralizedknowledgebasewhereyoucanstore andaccessdocuments,resources,andimportant information.Youcanalsocreateinterconnected pages,linkrelatedcontentthatmakesmanaging projectssimpleandefficient.
CalanderandScheduling-Notionhascalendar featureswhereyoucanscheduleevents,and remindersandmanagethescheduledcontent.
GoalandProgressTracking-Notionenables youtosetgoals,trackyourprogress,andvisualize yourperformanceusingcustomizabledashboards andprogresstrackers.
Cross-platformAccessibility-Notionoffers cross-platformaccessibilityacrossweb,desktop, andmobiledevicessoyoucanuseitfrom anywhere.
NotionAI-NotionhasaninbuiltAIfeaturewhere youcanasktheAItodraftposts,blogs,brainstorm contentideas,oranythingyouwant,allwithinthe app.
Plans
Notion offers four different price ranges -
Great Features - Notion has great features like note-taking, database and task management, collaborative tools, and many more which makes it a versatile all-in-one productivity tool.
Customization - You get to customize the pages, dashboards, and layout as per your preference and make your workspace as personalized as you can.
Flexibility - With features like page integration and embedding documents, your workow becomes seamless.
You Can Work With Your Team - Notion allows seamless collaboration between team members.
Template Library - It has inbuild templates that can serve as a starting point for new users.
Multi-device Availability - It is available on all mobile and desktop devices.
Forever Free - While Notion has other pricing options, it offers a forever free plan with limited features which can be enough if you are using it for personal or one-person use.
Learning Curve - If you are new to Notion, it can be a daunting task to learn its advanced features and customization options. The template gallery makes it easy but if you want to explore complex functions and integration, it may take a while to learn.
Limited Ofine Function - While Notion is now available ofine, it is slow and limited to editing documents. To use Notion to its full capability, you must use it while being online.
UX on Other Devices - While Notion’s interface is great on desktops or laptops, the same can't be said for other devices. The ease of access and functionality is not good on mobile devices.
Performance Issues - Some users have reported that Notion can be glitchy or takes time to load at times.
Pricing - Notion’s paid plans are relatively expensive compared to similar productivity apps and tools.
$ $ $ $
Inthisplan,youget allthebasictoolsand functions.Youcan uploaduptoasizeof 5MBmediaeachtime, andgettoinvite10 guestsfor collaboration.
NotionPlusisideal forsmallgroupsand offers$8permonth whichisbilled annually.Ifyouwant topaymonthlythen it's$10permonth. Theaddedfeatures are-
Ÿ Unlimitedblocks forteams
Ÿ Unlimitedfile uploads
Ÿ Invite100guests
NotionBusinessis idealforcompanies andoffers$15per monthwhichisbilled annually.Fora monthlysubscription, it's$18permonth.The addedfeaturesare-
Ÿ SAMLSSO
Ÿ Privateteamspaces
Ÿ BulkPDFexport
Ÿ Advancedpage analytics
Ÿ Invite250guests
NotionEnterpriseis bestforanentire organization.Toknow thepriceofthisplan, youhavetocontactthe Notionteamoryoucan requestademo.The addedfeaturesinthis planare-
Ÿ Userprovisioning (SCIM)
Ÿ Advancedsecurity &controls
Ÿ Auditlog
Ÿ Customersuccess manager
Ÿ Workspace analytics
Ÿ Unlimitedpage history
Ÿ Security& Compliance integrations
Ÿ Invite250guests
What do you like best about Notion?
I like the status buttons and that they are color-coded so it pops out more. I like that this platform feels like one long-running but organized to-do list. You can have one central project and create different headers, bulleted lists, checklists, and status updates all under one roof. This is like everything I scribble down on a notepad but in a very streamlined and organized way.
What do you dislike about Notion?
Some of the templates could be a little more in-depth and have some more descriptions and niche uses.
What problems is Notion solving and how is that beneting you?
Notion is helping individuals and teams solve project management issues. Especially in Marketing or other creative industries, there are so many steps involved in each aspect, task, and sub-task of a project. It is easy to lose parts in the process. With this system, you can create projects for yourself to stay on top of your own projects and deadlines, and you can also assign projects to others so everyone has access to the same document/project. This is a way to hold both yourself and your teammates accountable.
"My go-to software for organizing my freelance and personal projects"
What do you like best about Notion?
Notion is a software that can be just about anything you need it to be. It gives you the canvas and tools to build whatever pages, databases, wikis, or boards you need to organize your life or business. And if you're not a do-it-yourselfer, there are hundreds of pre-built templates from fellow Notion users. If you're looking for a dedicated CRM, project management, or goal tracker tool, you'll nd other dedicated products with more robust features, but if you want to consolidate all of these services and more into a single, affordable, software, you won't nd anything better than Notion. I use Notion daily for everything from household nances and home projects to client and project tracking for my freelance business.
What do you dislike about Notion?
Notion's feature set currently lacks in a few areas: (although each of these are listed as upcoming features by the Notion team)
Ÿ Workow automation options are limited, with only a few triggers/actions to choose from. The public API is nice, and there are a lot of out-of-the-box integrations offered, but Webhooks and more automation options would go a long way.
Ÿ Database permissions are limited in that it's impossible to grant different users/groups permissions to different subsets of the data in a database. This is especially frustrating if you want a common database driving task/project management across your entire organization but don't want all tasks visible to everyone.
Ÿ Database templates that are built or updated after some of the database is populated can not be automatically applied to all existing database entries. This makes for a tedious process if you want all entries in the database to have a common look/feel.
What problems is Notion solving and how is that beneting you?
I use Notion to manage my novel writing, household nances, home projects, freelance business, and as a host for my webpage. I've never encountered software with this level of exibility before.
