Latest news with #Yurchenko
Novaya Gazeta Europe
02-07-2025
- Novaya Gazeta Europe
Roma teenager sentenced to almost 10 years for murder that led to race riots in Russian town — Novaya Gazeta Europe
A court in the Russian city of Chelyabinsk, in the Urals, has sentenced a physically disabled Roma teenager to nine years and 10 months in prison for the murder of a taxi driver that sparked anti-Roma protests in the town last October, regional news website reported on Tuesday. Yegor Yurchenko, a 17-year-old man from the town of Korkino in the Chelyabinsk region, was found guilty of the murder of Yelena Manzhosova and of car theft. Yurchenko, who has been unable to speak or hear since birth, was also ordered to pay 164,000 rubles (€1,800) to the family of the murdered woman and another 2 million rubles (€22,300) to her mother, according to regional website Ura News. According to the prosecution, Yurchenko had taken Manzhosova's taxi on 23 October. During the ride, a conflict arose, in the course of which Yurchenko stabbed Manzhosova and stole her car, the investigation said. Yurchenko had his sentence conveyed to him via a sign language interpreter. He pleaded not guilty, according to Ura News. Yurchenko's father said after the verdict was announced that his son was 'completely lost and disoriented', adding that he had 'the mental age of … someone aged 11-13', which the prosecutors and the investigators 'chose to ignore'. When news that members of the Roma community may have been implicated in Manzhosova's murder emerged in Korkino on 24 October, race riots began, with angry locals heading to a village where a high number of Roma lived and setting several houses on fire. Police in Korkino also conducted 'preventive' raids against members of the Roma community, which Nadezhda Demeter, a representative of the Russian Roma community, called 'punitive'.
News24
22-04-2025
- Sport
- News24
How to win at investing: Stop trying to win
Investing is probably the ultimate loser's game, argues Hannes Viljoen. But you can win a loser's game by making the least amount of mistakes. 2019, Gymnastics World Championships in Stuttgart. At 22 years of age, an attempt was made to perform the most difficult move in gymnastics. A gymnast has two attempts at a vault, the average of the two scores is used for the final result. In her second vault, she performed a "Yurchenko double twist." A vault that requires enormous skill. She received a score of 14.733. But by that time it was all over anyway, because of her first vault. In her first vault, Simone Biles performed a variation of the Yurchenko, a double-twisting, double backflip, scoring 15.399. With an average score of 15.199, she secured the gold medal. This variation is now called, the "Biles". Sports fan or not, true skill is gaspingly beautiful and not something you stumbled upon. Ask any amateur tennis player if they have tried a one-hand backhand down the line, à la Roger Federer, and if they have been successful, the second follow-up question should be, "out of how many attempts?" To do this consistently well requires true skill. True consistent skill is what is required to play and win in a winner's game. In a winner's game, winning is achieved through making brilliant decisions and executing exceptional plays. The outcome here is determined by the actions of, at the end of the game, the winner. You need to hit more winners than your opponent. You need to make more runs than the other team. You need more points in a rugby or soccer game. You get the point: In a winner's game, you need to do something better than your opponent to prosper. Amateur tennis is an example of a loser's game: The person who wins the game, is not the one that hits the most winners in the game, but the player that makes the fewest mistakes. Sahil Bloom made this point in a fantastic article titled " Winner's Game vs. Loser's Game". The moral of the article is: You win, in a loser's game, by making the least amount of mistakes. Investing is probably - "probably" because I work in the industry and find it fascinating - the ultimate loser's game. Make the fewest mistakes and your odds of reaching your objectives rise exponentially. Yes, exponentially, because compounded growth is the pot of gold at the end of the rainbow. These are some of the most common mistakes: Selling when the market is down, as fear grips, and investors believe they just can't go on, they might lose everything. Trying to time the market by selling and buying at the "optimal" times. Irresponsible leveraging up in the search for outsized returns. Chasing investment returns just because they have been good in the past. Not paying attention to fees. Not doing thorough due diligence on an investment or investment manager. The list is not exhaustive, but the point is made. What if we stopped trying to win? What if instead, we tried not to lose? How would we go about trying to not lose? For this approach, first we need to understand why so many investors keep on losing. Emotional decision-making is in all probability the number one reason why investors do not reach their objectives, or in sport terminology, their true potential. The investment management giant Morningstar publishes an annual Mind the Gap report. In its study of US mutual funds and exchange traded funds (ETFs), they estimate that over a 10-year period (to end-2023), investors earned 1.1% less per year than the underlying fund's return because of "mistimed purchases and sales". Closer to home, Momentum Investments produces an annual Sci-Fi report, that investigates the "behavioural tax" that investors paid in a given year due to switching between portfolios. Their latest report, for the past year, 2024, indicates a behavioural tax loss of between 3.53% and 4.26% (depending on which investment wrapper is referred to). How would you go about to reduce the emotional impact on your investment portfolio? For some investors, a rules-based approach is worth a try. In a rules-based approach investment principles and beliefs are determined, and rules are set and followed irrespective of underlying market conditions. An example of a rules-based investment approach: Rule 1: Do not try to time the market. Set an asset allocation, in line with your investment goals, rebalance at a set interval, religiously. No one can win in timing the market. Rule 2: Index funds for your equity allocation. Don't try to win by selecting a manager that tries to outperform the market. Buy the index. Rule 3: Active managers for income and bond allocation. Do a lot of work to find someone that can outperform the index, over time, as the index construction is not optimal, and stick with them. No chasing the hot new manager. Rule 4: Don't break any of the rules. Simple, but this can be effective when executed. Here's a rules-based approach to wealth management: Rule 1: Max out tax-favourable investment wrappers first in your Retirement Annuities and Tax-Free Savings Accounts. Rule 2: Follow the investment-based principles set out in investment rules. Rule 3: Left-over discretionary funds should be invested offshore via an endowment. Rule 4: Revise your estate plan and will annually. Simple, but also effective if executed. I love sport and probably underappreciate true skill. I am ecstatic that my daily worry does not consist of success being measured by landing a double-twisting, double backflip, a game of Padel nowadays strike injury-fear into most middle-aged folk. Investing can be made simple, but do not be fooled… simple is hard! Hannes Viljoen, CFA, CFP®, is the CEO and head of investments at Kudala Wealth. News 24 encourages freedom of speech and the expression of diverse views. News 24 encourages freedom of speech and the expression of diverse views. The views of columnists published on News24 are therefore their own and do not necessarily represent the views of News24. News24 cannot be held liable for any investment decisions made based on the advice given by independent financial service providers. Under the ECT Act and to the fullest extent possible under the applicable law, News24 disclaims all responsibility or liability for any damages whatsoever resulting from the use of this site in any manner.
Yahoo
06-04-2025
- Sport
- Yahoo
Chae Campbell's strong performance helps lift UCLA gymnastics to NCAA championships
UCLA's Chae Campbell, shown here during a meet in January, finished second in the all-around at the NCAA Utah regional final Saturday to help the Bruins advance to the NCAA championships. (John McCoy / Associated Press) The Bruins are headed back to Fort Worth, Texas, to try and claim their first national championship since 2018. Fifth-seeded UCLA gymnastics finished in second place at the NCAA Utah regional final on Saturday evening, securing its place in nationals, which takes place April 17-19. Graduate student Chae Campbell scored 39.550 overall to place second in the all-around, leading the Bruins to a 197.625 overall score, behind No. 4 Utah, which finished in first with 197.825. Advertisement The Bruins needed their best on balance beam to advance to nationals, entering the final rotation just .250 ahead of Denver. Read more: How gymnast Katelyn Rosen got back in her zone, lifted UCLA teammates in the process Going blow for blow with the Pioneers as their third-place foes competed on uneven bars, junior Ciena Alipio and senior Emma Malabuyo notched 9.900s to close out the rotation. Their scores forced Denver to either end with a perfect 10 to tie or miss out on nationals. Denver's Rylie Mundell fell short of perfection, scoring 9.875. The Pioneers closed the meet .275 behind the Bruins. Last year, UCLA exited in the second round of the regional, leading to the eventual dismissal and transfer of former Pac-12 gymnast of the year Selena Harris-Miranda from the program. Now, with freshmen Mika Webster-Longin and Macy McGowan — who sat out the regional rounds nursing an injury — the Bruins return to nationals for the second time under third-year coach Janelle McDonald. Advertisement Webster-Longin helped launch the Bruins into position to advance with a career-high 9.950 on her Yurchenko 1.5 vault — securing the highest score in UCLA's season-high 49.475 vault score. UCLA, with Olympian Jordan Chiles on its roster, fell in the 2023 NCAA semifinal despite recording a 197.9125 score. Two years later, Chiles will return to Texas with Campbell, Malabuyo and graduate student Brooklyn Moors, all of whom helped UCLA claim its first-ever Big Ten Championship. The latter three scored 9.850 or higher on floor exercise to begin the meet, placing UCLA in second with a 49.450 score. The Bruins would stay in second for the rest of the meet. Top-seeded Louisiana State and No. 8 Michigan State advanced to nationals Saturday. Four spots are still up for grabs in Sunday's two regional finals. Get the best, most interesting and strangest stories of the day from the L.A. sports scene and beyond from our newsletter The Sports Report. This story originally appeared in Los Angeles Times.
