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  1. kalenjin shared this story from Alpha Architect.

    One of the popular investing truisms is the following (inspired by Bill Sharpe): For somebody to beat the market (win) […]

    The post Will ETFs Destroy Factor Investing? Nope. appeared first on Alpha Architect.

  2. kalenjin shared this story from Quartz.

    President Donald Trump takes a question during a news conference, Thursday, Feb. 16, 2017, in the East Room of the White House in Washington. (AP Photo/Andrew Harnik)

    Towards the end of his press conference today, Donald Trump took a question from Jake Turx, a Hasidic Jewish reporter for a small US-based weekly magazine that caters to the international Orthodox Jewish community. During the 2016 presidential campaign, Turx covered Trump favorably; most Hasidic Jews voted for Trump in the election. Trump called on Turx after scanning the crowd for a “friendly reporter.”

    Turx started his question by signaling sympathy for Trump, defending him from allegations of anti-Semitism “despite what some of my colleagues may have been reporting.” Then he asked Trump for a comment on the uptick in anti-Semitic incidents in the US since the election.

    Trump responded as if Turx had accused him personally of anti-Semitism. He cut him off mid-question, told him to sit down, and called his question “very insulting.” When a different reporter followed up on the question, Trump claimed that many reported anti-Semitic incidents are actually the work of Trump’s opponents, who do them to get a rise out of the media.

    Watch the clip above for the entire exchange.

  3. kalenjin shared this story from Quartz.

    Gay rights activist Chi Chia-wei waves a rainbow colored flag during a march calling for the legalization of same-sex marriage in Taipei, Taiwan, 11 July 2015.

    Taipei, Taiwan

    In 1986, in the twilight of Taiwan’s four decades of martial law known as the White Terror, 28-year-old Chi Chia-wei did what for many was unthinkable: he came out publicly as gay. He spent 162 days in prison, released only after a lenient and ashamed judge pardoned him, with tears in his eyes.

    During the 30-plus years since Chi challenged Taiwan’s then-authoritarian government, he has been a constant force pushing for societal—and legal—acceptance of his LGBTQ comrades. Now Taiwan’s constitutional court is preparing to review a lawsuit filed by Chi nearly two years ago, setting the stage for what could be a tipping point in the the push for marriage equality here.

    Chi said he learned the court would review his case earlier this month when a journalist contacted him with the news.

    “The court doesn’t want me to appear,” the energetic Chi, 59, said with a smile. “Once I show up, they’re in for a real headache.”

    This is not the first time Taiwan’s courts have had to deal with Chi’s

    ...
  4. kalenjin shared this story from FlowingData.

    For Excel users getting started with R, pain oftentimes finds its way into the learning process. Gordon Shotwell feels your pain and provides a primer to shifting to a different approach to your data.

    At the beginning, when you are trying to accomplish simple things like balancing a budget or entering some data by hand, R is definitely harder to learn than Excel. However, as the task gets more complex, it becomes easier to accomplish in R than Excel, because the core structures of Excel are designed for relatively simple use cases and are not the best for more complex problems. This isn’t to say that you can’t solve a lot of complex problems with Excel, it’s just that the tool won’t make it easy for you.

    Worth that little bit of extra effort in the beginning IMHO.

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  5. kalenjin shared this story from Quartz.

    I'm for it.

    In the US, drivers stick vanity license plates on their cars to express support for everything from national parks and veterans to breast cancer awareness—and anti-abortion clinics. Twenty-nine states offer “Choose Life” license plates that cost anywhere from $25 to $70, according to the Guttmacher Institute.

    In 1997, Randy Harris, a county commissioner in Florida, started the organization Choose Life to promote the creation and sale of these license plates across the country. He wanted to use sales to fund “pro-life pregnancy centers” and “other life affirming agencies,” according to the organization’s website. In 2000, Florida became the first state to pass legislation that allowed the sale of these specialty plates.

    Proceeds from those sales were initially passed on to counties in Florida. Then, in 2011, Choose Life successfully lobbied for a statute that would allow the organization to administer the funds and distribute them to pregnancy care centers,

    ...
  6. kalenjin shared this story from Quartz.

    U.S. Speaker of the House Paul Ryan looks at U.S. President Donald Trump as he signs H.J.Res. 41, providing for congressional disapproval of a rule submitted by the Securities and Exchange Commission relating to "Disclosure of Payments by Resource Extraction Issuers." at the Oval Office of the White House in Washington, U.S., February 14, 2017.

    US president Donald Trump is already clashing with his own party over their plan to overhaul the corporate tax code, in part because their strategy to tax imported goods is causing indigestion at major American companies.

    Trump has called for tariffs on certain imports, but House Republicans have a different plan in mind: They want to flip the US corporate tax system from one that taxes profits to one that taxes domestic consumption. To do this Republicans hope to implement a border adjustment tax (BAT) to keep jobs from fleeing overseas, as we’ve explained in some detail.

    Proponents of the tax say importers shouldn’t fear the plan because the dollar will strengthen under this new tax, easing their losses. Others are skeptical that currency exchange rates would simply adjust to a level that would offset the higher price of imports, regardless, the tax would likely create major incentives for

    ...
  7. kalenjin shared this story from FlowingData.

    When you search for datasets on The White House site, you get nothing. So yeah. That’s where we’re at.

    Tags: ,

  8. kalenjin shared this story from TaxVox.

    The other day, a high-powered group of former senior Republican policy advisers and business executives proposed replacing regulations aimed at reducing greenhouse gases with a...
  9. kalenjin shared this story from Quartz.

    Tibetan spiritual leader, the Dalai Lama eats a piece of a cake to celebrate his birthday at Drepung Loseling Monastery in Mundgod, in the southern state of Karnataka, India,

    Chinese students are joining their peers on American campuses in getting woke. Their cause? Defending the official line of the Communist Party.

    On Feb. 2, the University of California, San Diego (UCSD) formally announced that the Dalai Lama would make a keynote speech at the June commencement ceremony.

    The announcement triggered outrage among Chinese students who view the exiled Tibetan spiritual leader as an oppressive figure threatening to divide a unified China.A group of them now plans to meet with the university chancellor to discuss the content of the upcoming speech.

    The awkwardness doesn’t end there. As the aggrieved students have trumpeted their opposition, their rhetoric has borrowed elements from larger campus activist movements across the United States. The upshot: What Westerners might perceive as Communist Party orthodoxy is mingling weirdly with academia’s commitment to diversity, political correctness, and other championed

    ...
  10. kalenjin shared this story from WIRED.

    The Nerdy Charm of Artisanal, Hand-Drawn Infographics
    Computers? Pah. These designers craft beautiful infographics by hand. The post The Nerdy Charm of Artisanal, Hand-Drawn Infographics appeared first on WIRED.