BUDAPEST: Five-time Olympic champion Hungarian gymnast Agnes Keleti, the world’s oldest living Olympic gold medallist and a survivor of the persecution of Jews in World War Two, died at the age of 103 on Thursday, the Hungarian Olympic Committee said.
Born as Agnes Klein in Budapest on Jan. 9, 1921, Keleti joined the National Gymnastics Association in 1938 and won her first Hungarian championship in 1940, only to be banned from all sports activities that year because of her Jewish origin.
“Agnes Keleti is the greatest gymnast produced by Hungary, but one whose life and career were intertwined with the politics of her country and her religion,” the International Olympic Committee said in a profile on its website.
The HOC said Keleti escaped deportation to Nazi death camps, where hundreds of thousands of Hungarian Jews were killed, by hiding in a village south of Budapest with false papers. Her father and several relatives died in the Auschwitz death camp.
She won her first gold at the Helsinki games in 1952 aged 31, when most gymnasts had long been retired, the HOC said.
Keleti reached the peak of her career in Melbourne in 1956, where she won four gold medals and became the oldest female gymnast to win gold, the HOC said. A year later Keleti settled in Israel, where she married and had two children.
Her 10 Olympic medals, including five golds, rank Keleti as the second most successful Hungarian athlete of all time, the HOC said. She has also received multiple Hungarian state awards.
Olympics-World’s oldest living gold medallist Agnes Keleti dies at 103
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Olympics-World’s oldest living gold medallist Agnes Keleti dies at 103
- Keleti joined the National Gymnastics Association in 1938 and won her first Hungarian championship in 1940
Some Warren Buffett wisdom on his last day leading Berkshire Hathaway
OMAHA, Nebraska: The advice that legendary investor Warren Buffett offered on investing and life over the years helped earn him legions of followers who eagerly read his annual letters and filled an arena in Omaha every year to listen to him at Berkshire Hathaway’s annual meetings.
Buffett’s last day as CEO is Wednesday after six decades of building up the Berkshire conglomerate. He’ll remain chairman, but Greg Abel will take over leadership.
Here’s a collection of some of Buffett’s most famous quotes from over the years:
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“Be fearful when others are greedy, and greedy when others are fearful.”
That’s how Buffett summed up his investing approach of buying out-of-favor stocks and companies when they were selling for less than he estimated they were worth.
He also urged investors to stick with industries they understand that fall within their “circle of competence” and offered this classic maxim: “Rule No. 1: Never lose money. Rule No. 2: Never forget Rule No. 1.”
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“After they first obey all rules, I then want employees to ask themselves whether they are willing to have any contemplated act appear the next day on the front page of their local paper to be read by their spouses, children and friends with the reporting done by an informed and critical reporter.
“If they follow this test, they need not fear my other message to them: Lose money for the firm and I will be understanding; lose a shred of reputation for the firm and I will be ruthless.”
That’s the ethical standard Buffett explained to a Congressional committee in 1991 that he would apply as he cleaned up the Wall Street investment firm Salomon Brothers. He has reiterated the newspaper test many times since over the years.
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“You only find out who is swimming naked when the tide goes out.”
Many companies might do well when times are good and the economy is growing, but Buffett told investors that a crisis always reveals whether businesses are making sound decisions.
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“Who you associate with is just enormously important. Don’t expect that you’ll make every decision right on that. But you are going to have your life progress in the general direction of the people you work with, that you admire, that become your friends.”
Buffett always told young people that they should try to hang out with people who they feel are better than them because that will help improve their lives. He said that’s especially true when choosing a spouse, which might be the most important decision in life.
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“Our unwavering conclusion: never bet against America.”
Buffett has always remained steadfast in his belief in the American capitalist system. He wrote in 2021 that “there has been no incubator for unleashing human potential like America. Despite some severe interruptions, our country’s economic progress has been breathtaking.”
