Best rule of thumb: Keep it simple

Simple maths? With all the complex factors influencing stock markets, it’s best to follow your intuition and some simple rules. Photo: Motley FoolTake a look at a baseball player or cricketer getting ready to take a catch in the deep. They’re doing something extraordinary.
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A ball was hit maybe 50 or 80 metres away, coming off the bat at 140 kilometres per hour. In only a few seconds the outfielder ran to the exact location the ball landed, down to the centimetre, catching it without a moment to spare.

This is extraordinary because of what he or she needed to figure out in those few seconds: The ball’s initial velocity, spin, and angle. The exact speed and direction of the wind, since it would alter the ball’s trajectory. Exactly when the ball would switch from vertical ascent, lose speed, stall for a moment, and begin its decent.

The calculation necessary to know where a ball will land is a monster – just look at our graphic.

This is nearly impossible to calculate in your head. Yet players do it all summer. According to Inside Edge, 84.7 per cent of baseballs that hang in the air for five seconds end in an out. Stephen Hawking could not calculate this equation in five seconds, but cricketers do it thousands of times. How?

A rule of thumb

Players don’t actually do this calculation in their heads, of course. In his book Risk Savvy, Gerd Gigerenzer writes that, whether they know it or not, players use a rule of thumb to know where a ball will land:

Align a flying ball in the centre of your gaze.


Adjust the speed and direction of your run so the angle of the ball stays at the same spot in your gaze.

That’s it. As long as the ball’s angle remains constant in your gaze, you’re running to where it’s going to land. All the complicated math is captured in that rule of thumb.

Sportspeople intuitively understand something more investors should: complicated problems can be tamed with simple rules of thumb. And the more complicated a problem is, the lower the odds you’ll calculate it with precision, making rules of thumb indispensable.

Keep it simple

Thirty years ago, Pensions & Investment Age magazine made a list of US money managers with the best 10-year returns. Few had ever heard of the winner, Edgerton Welch of Citizens Bank and Trust, so a Forbes reporter paid him a visit. Welch said he had never heard of Benjamin Graham and had no idea what modern portfolio theory was. Asked his secret, Welch pulled out a copy of a Value Line newsletter and told the reporter he bought all the stocks ranked “1” (the cheapest). The rest of his day was leisurely. His only secret was taming a complicated problem — which stocks should I own? — into an effective rule of thumb: the cheap ones.

Investors should use more of this kind of thinking. Markets are endlessly complicated, investors are endlessly emotional, and there are no points awarded for difficulty. Overthinking things like valuation and modern portfolio theory can be the equivalent of a cricketer pulling out a calculator after each ball is hit, desperately trying to track its landing point with precision. Any time you can tame a complicated system into a simple rule of thumb, you will be better off.

A list of Don’ts

Don’t try to calculate when you should buy stocks. It’s too complicated a problem with too many unknown variables. Instead, dollar-cost average, buying the same amount of stocks every month or every quarter, rain or shine. Over time you will beat almost everyone who doesn’t follow this approach.

Don’t try to calculate what the market might return over the next year or two. You’ll never figure it out. Instead, assume it’ll return 6 to 7 per cent a year after inflation over a multi-decade period (with a lot of volatility in between), because that’s what it has done in the past.

If you do try to predict shorter-term returns, use the rule of thumb that the worse the market has done over the last 10 years, the better it will do over the next 10 years, and vice versa. Over time this rule of thumb will humble nearly every Wall Street strategist.

Don’t try to predict when we’ll have another recession. No one can. Instead, use a rule of thumb that we’ll have three or four recessions at random times every 20 years.

Prefer companies that reward shareholders with consistent dividends and share buybacks. Trying to calculate whether a chief executive is effectively reinvesting profits in his or her own company is hard, and evidence is persuasive that most are bad at it. Cash handed to you directly is more likely to accrue in your favour over time.

Don’t try to calculate exactly how much money you’ll need to retire. You have no idea what the future holds. Instead, save at least 10 per cent of what you make, and as much as you can while still living comfortably.

Foolish takeaway

You might think successful investors are brilliant minds who can calculate complicated things with precision. They rarely are. The best are more like cricketers or baseball players, able to solve complicated problems by using simple rules of thumb. “Simplicity is a prerequisite of reliability,” said famed computer scientist Edsger Dijkstra. Try doing less.

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The original release of this article first appeared on the website of ChangZhou Plastic Surgery Hospital.

APN News & Media tipped to lead radio revenues by end of year

Credit Suisse says APN News & Media will soon lead radio revenues, while rival Southern Cross Austereo could face challenges.  The companies look similar: they reach one-quarter of Australia’s radio audience each, and both have a market value of more than $750 million. But their shares prices tell a different story. Since January, APN News & Media shares have soared more than 75 per cent, whereas Southern Cross Austereo – owner of top-40 stations 2Day FM and Fox, and rock station Triple M – is down by more than a third. Australia’s capital-city radio stations attracted a record $697 million in revenue in the year to June, Deloitte figures say. Melbourne and Sydney attracted a combined $425.9 million of that figure, with about equal revenue. Radio ratings released this week showed APN’s stations – WSFM and Kiis FM in Sydney, known as Gold 104.3 and Mix in Melbourne – held the No.1 position in the metro market with 26 per cent national audience share. Southern Cross was next with an improved 25 per cent. Their rival Nova Entertainment, owned by Lachlan Murdoch, dipped to 22 per cent. Fairfax Media, owner of 3AW in Melbourne and 2UE in Sydney, stayed steady at 17 per cent. Macquarie Radio Network, owner of 2GB in Sydney, also stood still at 8 per cent. Credit Suisse analyst Samantha Carleton has told clients: “APN’s KIIS FM and WSFM have gained considerable audience share over the past twelve months, particularly in Sydney. We expect this leading audience-share position to translate into a leading revenue-share position over the next six months.” “We see the potential for a $50 million national revenue and a $20 million EBITDA [earnings before interest, taxation, depreciation and amortisation] shift in the 2015 financial year.” On Southern Cross Austereo, she said: “2DayFm and Triple M have lost audience share over the past 12 months in Sydney and while both stations appear to be recouping some lost ground over the past two surveys, it does not appear to be enough to reclaim the dominant market position. We expect some revenue headwinds as a result.” But CIMB analyst Daniel Blair said Southern Cross Austereo was the winner of survey four, pointing to its strong performance in Melbourne where Triple M is the dominant FM station. He also said the company had recovered 40 per cent of the ratings loss suffered when star hosts Kyle and Jackie O defected to the Australian Radio Network at the end of last year. “From Southern Cross Austereo’s perspective, while there is still work to be done across the programming schedule … overall the ratings gains versus the first three surveys of the year are very important,” he said. “This indicates to us that a line in the sand may have been achieved, limiting the revenue-share loss that was implied by surveys one and two. While we will need to see a continuation of these trends in future surveys, this improvement puts a floor under the share price, in our opinion.”
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The original release of this article first appeared on the website of ChangZhou Plastic Surgery Hospital.

Aussie film and TV star Ryan Corr allegedly caught smoking heroin in Bondi

Ryan Corr pictured on the Wolf Creek 2 set with director Greg McLean. Photo: Supplied Corr and John Jarratt in a scene from Wolf Creek 2. Photo: Supplied
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Rising Australian actor Ryan Corr has been charged with possessing a prohibited drug after he was allegedly caught in a Bondi laneway smoking heroin.

Corr, 25, is set to star alongside Russell Crowe in the upcoming film The Water Diviner and was a regular character in local TV series Packed to the Rafters and Underbelly: The Golden Mile.

Just five days after he was apprehended by police on May 27, he won a ‘best performance’ award at a Madrid film festival for his role in Wolf Creek 2 alongside acting veteran John Jarratt.

He was apprehended by police in Castlefield Lane, Bondi, at 1.10pm on a Tuesday. An officer allegedly found a freezer bag full of heroin powder on him.

Fairfax understands he was caught smoking the substance.

Corr, who lives in Chippendale, didn’t attend his first court appearance in Waverley Local Court on Tuesday because he was overseas, court documents state.

The court was told he was likely to plead guilty when he returned and the matter was adjourned to September.

A week after the Bondi incident, Corr left for a three-month stint in Manchester to film a BBC series Banished, described as an “epic” seven-part series charting the lives, loves, relationships and battle for survival of a group of convicts in 18th-century Australia.

The series, which is directed by Redfern Now story producer Jimmy McGovern and also stars David Wenham, has been co-commissioned by BBC Two in the UK and BBC Worldwide in Australia and New Zealand and was endorsed as an official production under the UK/Australian co-production treaty.

A spokeswoman for BBC Worldwide did not wish to comment, saying it was a personal matter for Corr.

A spokeswoman from his Melbourne-based management company, Catherine Poulton Management, said there was “absolutely no comment at this stage”.

Corr has been nominated for two Logies and won the 2011 Australians in Film Heath Ledger Scholarship.

He started acting aged 13 and has also appeared in Blue Heelers, Neighbours, Blue Water High, Silversun and the teen thriller film 6 Plots.

During the filming of Wolf Creek 2, he said he was “petrified for a lot of the day and hyperventilating and screaming and on the verge of vomiting my lunch”.

He told News Limited there was “an emotional hangover” that comes with making a horror film and he would listen to music and talk to his family to relax.

Corr is also scheduled to star alongside Richard Roxburgh in the Sydney Theatre Company’s production of Cyrano de Bergerac later this year, directed by the STC’s artistic director Andrew Upton.

STC spokesman Tim McKeough said the theatre company was not aware of Corr’s arrest for drug possession.

“This is the first we’ve heard of the situation,” he said.

with Andrew Taylor

The original release of this article first appeared on the website of ChangZhou Plastic Surgery Hospital.

Everitt back to face old club Sydney

Making his mark: Andrejs Everitt will take on his former club this weekend when Carlton take on Sydney. Photo: Pat ScalaAndrejs Everitt’s switch from Sydney to Carlton is one of those rare trades that is proving a winner for all parties.
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As Everitt prepares to play the Swans for the first time since leaving last year, for the first time in his eight-year career he does not have to look in the rear-view mirror at competition for his spot in the senior team.

The Swans, too, have prospered, with Everitt’s departure paving the way for them to sign former Blue Jeremy Laidler, who has missed just one game in his debut season with the ladder leader.

After spending much of his time in Sydney as a spare parts man for John Longmire, Everitt has thrived playing a more prominent role at Carlton as a midfielder/tagger.

His scalps include St Kilda’s Leigh Montagna, Richmond playmaker Brett Deledio and reigning Adelaide club champion Rory Sloane.

“I’m enjoying that a lot more, having a bit more of an important role,” Everitt said.

“[I’m] not saying it wasn’t an important role at Sydney, but I’m always starting on the ground, in the 18, and having a role on the opposition’s best players.

“That’s what I’ve been doing the last eight weeks. It gives you confidence if you can knock over some of the big players in the game that you can make it at this level.

So well is Everitt playing for the Blues, it seems injury is the only obstacle to him playing every game this season – a feat he has never achieved.

Job security, however, has come at a price for Everitt who, with the Blues well out of finals contention, is in the unfamiliar position of being able to book holidays in September this year.

Not since his debut season in 2007 with the Western Bulldogs has Everitt been part of a club that failed to play finals.

“I was talking to one of the young boys [at Carlton] about it,” Everitt said.

“I was saying my first year at the Bulldogs we came 13th, then every year I’ve been involved in four prelims, a semi and a grand final as well.

“I’ve been pretty fortunate with the teams I’ve been in. It’ll definitely be different come September when there’s no games coming around and we’re on our holidays.”

But it was not until last year that Everitt, who has been on the fringe of senior teams for much of his career, had his first taste of September action when he played three finals for a Swans team ravaged by injury.

But despite playing 20 games, Everitt could see the writing on the wall.

He was one of several Swans coming out of contract forced to wait until the end of the season for a new deal as the club made their surreptitious bid for Lance Franklin.

But Everitt does not believe he was forced out by Franklin. He was offered a contract by the Swans, but one heavily incentive-based, so he and his fiancee decided to move home.

“It was based upon me playing games. Even though I was confident in doing so, I came to the conclusion it was best for us to come back down to Melbourne with both our families and go from there,” said Everitt, who signed a two-year deal, with the option of a third, with the Blues.

“I don’t think I was squeezed out at all.”

Everitt is eager to face his old team but says he does not have a point to prove to coach John Longmire.

“I’m definitely looking forward to it, that’s for sure, but I’m out there to have a good time, play football,” he said.

“There’s a lot of players who move on, same with coaches. It’s just football in the end. It’s a business; that’s what happens.

“I’ll be out there to try my best and it’ll be an added bonus if I play well.

“They obviously thought I wasn’t too bad if they gave me 20 games last year. I won’t go out there angry; I’ll be out there to make my team better.”

The original release of this article first appeared on the website of ChangZhou Plastic Surgery Hospital.

Essendon veteran Dustin Fletcher no guarantee to return against Collingwood says Dyson Heppell

Dyson Heppell (far left) says Dustin Fletcher (far right) is no certainty of returning Photo: Joe ArmaoOmitted veteran Dustin Fletcher is no guarantee to return to the Essendon team this week in the opinion of teammate Dyson Heppell.
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While 39-year-old Fletcher was has been rested intermittently throughout recent seasons, he was surprisingly dropped for the Bombers’ trip to face Port Adelaide at Adelaide Oval last Saturday night. Essendon recorded a stirring over the then ladder-leading Power.

While Heppell expressed a belief that Fletcher probably would return, he conceded that it was ultimately contingent upon an appropriate match-up being found against an undersized Collingwood forward line.

“That’s obviously up to the coaches to see if Fletch has a suitable match-up,” Heppell said on Thursday.

But the mop-haired midfielder- 17 years Fletcher’s junior – was backing the dual premiership defender to return.

“Fletch is an absolute champion and he’s been in some fantastic form this year.”

Essendon’s victory over the Power has pried open the possibility of a finals spot, and with the 10th placed-Bombers only a game behind the 6th-placed Magpies, Sunday’s clash at the MCG looms as a season-defining game.

Heppell was not playing down the game’s significance.

“You certainly do, you certainly have a look where we are in the scheme of things and obviously there’s a group of four or five teams that are still a realistic chance.

“[Finals] have been a goal for us from the start of the season, and that dream’s still alive so very exciting times around the club.”

With fellow midfielder Brendon Goddard out suspended this week, and Jobe Watson still sidelined with his rare hip tendon injury, Heppell is likely to face considerable attention this week from Collingwood tagger Brent Macaffer. Heppell said he was “looking forward to the challenge” posed by Macaffer’s close-checking game should that situation arise.

While agreeing that the absence of Watson and Goddard would be felt, Heppell was upbeat about the opportunity it presented to others.

“You lose that real leadership around the ball, I suppose it’s more so just setting up structures and it’s going to take a good player to stop those two as well.

“Losing BJ’s (Goddard) a massive loss for the club, he’s been in fantastic form but it’s going to give another guy a chance to come in and play his role for the side and I’m really looking forward to the challenge.”

Stephen Dank, the sport’s scientist at the centre of Essendon’s controversial 2012 supplements program spoke on Adelaide radio station 5AA on Tuesday, outlining his belief that the Bombers players knew what they were administered during the period subject to the ASADA investigation.

Heppell declined to weigh in on Dank’s comments.

“With Steve, I actually haven’t heard the comments. I suppose it’s pretty boring guys but I can’t actually comment about the situation because it’s in the courts at the moment.”

The original release of this article first appeared on the website of ChangZhou Plastic Surgery Hospital.

Snow falls near Ballarat

Snow falls near Ballarat Rachael Duggan,10, at Dean. PICTURE: JUSTIN WHITELOCK
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Nigel and Sue Ward took this photo at Mollongghip.

James Duggan, 13, makes a snowball at Dean. PICTURE: JUSTIN WHITELOCK

Emma Busuttil took this great photo at Wallace.

This tree seems to have protected part of this paddock from the light dusting of snow near Dean. PICTURE: JUSTIN WHITELOCK

Snow in the Ballarat region. PICTURE: JUSTIN WHITELOCK

Snow in the Ballarat region. PICTURE: JUSTIN WHITELOCK

Nigel and Sue Ward took this photo at Mollongghip.

Rachael Duggan,10, at Dean. PICTURE: JUSTIN WHITELOCK

Snow in the Ballarat region. PICTURE: JUSTIN WHITELOCK

Snow at Springbank. PHOTO: Janelle Harrison

Snowing near Gordon. PHOTO: ABBEY CARTLEDGE

James Duggan, 13, makes a snowball at Dean. PICTURE: JUSTIN WHITELOCK

Taken at Clarke’s Hill this morning by Stacey Watson of Toby and Charlee Watson.

Nigel and Sue Ward took this photo at Mollongghip.

Snowing near Gordon. PHOTO: ABBEY CARTLEDGE

Snowing near Gordon. PHOTO: ABBEY CARTLEDGE

PHOTO: Kit McDonald. Taken at Lyonville near Trentham.

Emma Busuttil took this great photo at Wallace.

PHOTO: Kit McDonald. Taken at Lyonville near Trentham.

PHOTO: Kit McDonald. Taken at Lyonville near Trentham.

Snow in the Ballarat region. PICTURE: JUSTIN WHITELOCK

Snow in the Ballarat region. PICTURE: JUSTIN WHITELOCK

Snow in the Ballarat region. PICTURE: JUSTIN WHITELOCK

Snow in the Ballarat region. PICTURE: JUSTIN WHITELOCK

Snow in the Ballarat region. PICTURE: JUSTIN WHITELOCK

James Duggan, 13, makes a snowball at Dean. PICTURE: JUSTIN WHITELOCK

Snow in the Ballarat region. PICTURE: JUSTIN WHITELOCK

Taken at Clarke’s Hill this morning by Stacey Watson of Toby and Charlee Watson.

Angela Watkins took this photo at Pootilla.

Angela Watkins took this photo at Pootilla.

Emma Busuttil took this great photo at Wallace.

Nigel and Sue Ward took this photo at Mollongghip.

Snow in the Ballarat region. PICTURE: JUSTIN WHITELOCK

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Like a red with your Red Wedding? Game of Thrones wines are coming, maybe

Don’t mind if I do: Lena Headey as Cersei Lannister in Game of Thrones.There is no crisis in Game of Thrones that cannot be made better with a cup of wine but after another gripping and grim episode do we need a drink to go with our favourite character or house?
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A Sydney marketing firm of fans thinks so.

The firm, Common Ventures, has created a series of wine labels and marketing for a dozen red and white varieties of wine under the ruling label of ”Wines of Westeros,” dedicated to the houses from the George RR Martin books and television series.

But anyone hoping to throw down a Dothraki red and watch some reruns with the claret flowing on the screen will have to wait. The company is still in talks with some small, independent Australian wineries to make the wines. And then there is the small matter of approval from the show’s maker HBO.

Co-founder of Common Ventures, Damian Damjanovski, says the company hopes to follow the lead of beer company Ommegang Brewery and get permission to market the wines from HBO.

Ommergang Brewery’s most recent beer Fire and Blood, a red beer, was released in the US in March to coincide with the beginning of the fourth season. Common Ventures hopes to have its own HBO-endorsed wine ready for the fifth season next year.

Mr Damjanovski said the firm had begun talks with HBO over the project but will not proceed without approval – lest it get given the King Joffrey crossbow treatment.

”We understand HBO are quite open to approaches like this,” Mr Damjanovski said.

Labels include a dry Targaryen shiraz, a Stark white sauvignon blanc and a more calculating Lannister merlot. Each label is accompanied by a brief explanation about its name and wine association.

For the Stark wine, named after the stoic family, there’s a nod to the infamous Red Wedding: ”Winter is coming. Throw on your furs, summon your direwolf and reject all wedding invitations.”

Also in the sauvignon blanc is the Greyjoy, named after the tough seafaring family and their weak-kneed son, Theon: ”Pick fifty of the best killers, your fastest ship and sail up the Narrow Sea. Whether you’re Ironborn or a tortured plaything, it’s time to take what is yours.”

For the house of Lannister the tagline is: ”When your cellar is filled, you will know the debt is paid. Be wary of incest and betrayal – a sip of this wine may be your last.”

Mr Damjanovski said the project began as something fun to fill in the time between advertising deadlines and other work for staff who were fans of the show.

He said the response so far, without a drop of wine produced, has surprised him.

The wine varieties are not set in iron, with several houses sharing the same wine variety at the moment on Wines of Westeros website, and Mr Damjanovski said there was already some social media debate about whether a Stark wine should be a sauvignon blanc or a cabernet.

”One of the debates we have struggled with is whether to make them more generic or to get them to match carefully with the characteristics of each house,” Mr Damjanovski said.

He said the label designs were a modern take on the house names rather than mock medieval or from the TV series.

Expressions of interest for ordering can be made online only via a “send raven” email button. The average price of a bottle is expected to be $20-$30.

The original release of this article first appeared on the website of ChangZhou Plastic Surgery Hospital.

Dream job: Netflix hunts people to watch TV

Binge watching Orange is the New Black becomes lucrative. Netflix offers original content such as House of Cards, starring Kevin Spacey and Robin Wright.
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Yes, this is for real: Netflix is advertising for people to watch TV for a living.

The fantasy-level deal will mean the successful applicant will be paid to sit at home and binge on TV all day.

The online on-demand streaming giant is hunting for TV and movie lovers to watch content in the role of a tagger.

Taggers categorise content to help tailor recommendations for Netflix’s 48 million subscribers, personalising suggestions for viewers.

“Successful applicants will be responsible for watching and analyzing films and TV programmes that will be streaming on Netflix in the future,” says the job ad. “The tagger will deconstruct the films and programmes and describe them using objective tags.

“The role will offer flexible hours working from home and would suit those with a passion for films and TV programs.”

The content provider also streams original content such as House of Cards, starring Kevin Spacey, and Orange Is the New Black.

The successful applicant will also act as a “cultural consultant”, highlighting “cultural specificities and taste preferences”.

Bad news for Australian TV addicts, however, is that the role is only open to UK and Irish applicants. But since Netflix will likely launch in Australia next year, future taggers could be in luck.

For Netflix, the Australian market is ripe for the picking as it already has between 150,000 and 200,000 Australian subscriptions, according to unofficial estimates.

It could put a squeeze on more expensive services, such as Foxtel, since Netflix is priced at about $US10 per month. There are still some hurdles, however.

While Australia’s internet is carrying its present load without too many issues, the arrival of Netflix may pose challenges. And Australian capped internet “plans” are also an issue; in the US, internet plans are uncapped as an industry standard, allowing consumers unlimited data downloads.

But here’s to hoping.

– with Michael Idato

The original release of this article first appeared on the website of ChangZhou Plastic Surgery Hospital.

Israel ambassador talks Hamas and hummus

Shmuel Ben-Shmuel, Ambassador of Embassy of Israel, testing out the hummus flavoured icecream. Photo: Jamila ToderasIsraeli ambassador Shmuel Ben-Shmuel says countries such as Australia should re-group into a coalition against dangerous extremists.
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At an ice-cream taste-testing in Canberra on Wednesday morning, Mr Ben-Shmuel said like-minded countries in the world should be in a coalition to deter terrorists.

He said Sydneysiders going to fight alongside extremist terrorist groups such as the Islamic State in Iraq and Syria in the Middle East showed “the entire civil world is under an onslaught”.

Palestinian militants have fired 150-plus rockets towards major Israeli cities in the past week and Israel has launched a major air assault on Gaza.

The escalation in fighting was sparked by the killing of three Israeli teenagers which Israel has blamed on Hamas and the alleged revenge murder of a Palestinian boy. 

Mr Ben-Shmuel said Hamas’ killing of women and children was driven by an ideology calling for the complete destruction of Israel.

When he made the comments the ambassador was taking part in an emerging tradition for Israeli envoys in Canberra: visiting 55-year-old father of one and ice-cream maker John Marshall.

Former ambassador Yuval Rotem visited often before he finished his posting last year. Mr Ben-Shmuel was invited to try the new hummus-flavoured ice-cream after interest was sparked on Twitter last month following news of the unique flavour coming out of Israel.

Making strange flavours was not new for Mr Marshall, who also has produced other off-the-wall concoctions such as pistachio and vodka and – reminiscent of a sketch by The Two Ronnies – smoky bacon.

He had not seen the sketch before but said he had also been thinking about making a potato chip and brown vinegar ice-cream blend.

Mr Marshall, who before the Israeli ice-cream rendezvous had no connections to the Middle East, said it took him about 30 minutes to come up with the right balance for the hummus ice cream, which was enjoyed by Mr Ben-Shmuel.

“It all started 15 years ago when I bought a two-litre ice-cream machine,” said Mr Marshall, whose home was “cleared” by security before the ambassador arrived.

In the Senate on Wednesday afternoon, Senator Cory Bernardi said the killing of teenagers had been treated differently by Israel and Hamas supporters. He said the former had pledged to charge with the full force of the law those who killed the Arab teenager, while Israel’s enemy had not condemned the murder of the Israeli boys.

The original release of this article first appeared on the website of ChangZhou Plastic Surgery Hospital.

Raiders’ Jeremy Hawkins denied NRL debut

Canberra Raiders rookie Jeremy Hawkins is the latest exciting prospect to have his NRL dream put on ice by the competition’s second-tier salary cap.
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Less than 24 hours after Hawkins was named to make his first-grade debut against the Gold Coast Titans at Cbus Super Stadium on Sunday, the NRL denied the Raiders’ application for an exemption on the grounds other players were available in his position.

Former Raiders captain Alan Tongue has called on the NRL to increase the number of players in each club’s top squad from 25 so promising youngsters are not denied the opportunity of being blooded into first grade.

The Raiders reached the limit of the $440,000 second-tier salary cap when hooker Kurt Baptise made his club debut in the 19-18 loss to the Wests Tigers on June 28.

Centre Jack Wighton suffered a broken thumb in the same game, prompting coach Ricky Stuart to call up Hawkins after the 21-year-old crossed for four tries for the Raiders’ NSW Cup affiliate Mounties last weekend.

It is the second year in a row the Raiders have been prevented from handing an NRL debut to a promising youngster. Last season it was halfback Mitch Cornish, who was named to play in the round-26 match with the Cronulla Sharks before he was forced to watch from the sidelines when an exemption to the second-tier salary cap was not granted.

A former NRL coach, who didn’t want to be named, said of the Hawkins’ decision, ”all we’re doing is stunting their progress”.

Raiders chief executive Don Furner was diplomatic with his response, admitting he would have been surprised if the NRL had agreed to their submission.

”It’s disappointing for Jeremy, but we’re confident he’ll get his chance to make his NRL debut with the Raiders in the future,” Furner said. “With injuries to Jack Wighton and a season-ending injury to Edrick Lee earlier this year we were hopeful of an exemption, but we respect the NRL’s decision.”

Each NRL club operates under a $5.5 million salary cap for its top-25 squad, while another $440,000 is set aside for the second-tier salary cap. That was increased from $375,000 last season when the Panthers could not play Matt Moylan once players in the top-25 squad returned from injury.

The Raiders have this season used four players from their extended NRL squad: Baptiste, Matt Allwood, Shannon Boyd and Kyle O’Donnell.

They have also promoted outside back Brenko Lee from the club’s under-20s team.

In making its decision, the NRL said there were players such as Reece Robinson who were available for selection and played the same position as Hawkins.

Tongue said the increased pace of the game and the amount of injuries teams were sustaining should lead to having a bigger pool of players available.

”I definitely think there’s some room to move in that top 25,” Tongue said. “It’s a tough one because how far do you push it and how much leeway do you give to clubs.

”Having two guys injured in your outside backs [Wighton and Edrick Lee] is probably not enough to ask for compensation, there’s a lot of clubs that have done it far worse. It’s all about balancing the roster.”

The original release of this article first appeared on the website of ChangZhou Plastic Surgery Hospital.