Book notes: Success and Luck: Good Fortune and the Myth of Meritocracy by Robert H. Frank on the importance of luck in our lives. (Marginal Revolution)
Quote of the Day
"It’s impossible for you to do anything that matters on any scale and not have somebody say they don’t like it. It’s just not going to happen."
(Carl Richards)
Chart of the Day

Not every dinosaur species on reflection turns out to be for real.
Autos
Travel
- Why flying is so miserable. (washingtonpost.com)
- Regional airlines are facing a growing pilot shortage. (time.com)
Environment
- K-cups are an environmental disaster. (theatlantic.com)
- French vineyard records tell us about the changing global climate. (news.harvard.edu)
- Solar and wind energy could make up 11% of US energy production by 2020. (gregor.us)
Science
- Why we have an obsession with p-values. (vox.com)
- The Great Lakes have a flea problem. (washingtonpost.com)
Food
- The bacon bubble has burst. (bloombergview.com)
- What America's desire for cage-free eggs says about us. (qz.com)
Offers
- If you are going to cut the cord you are going to want a HD antenna for your TV. (amzn.to)
- Everybody needs an extra iPhone cable. (amzn.to)
Health
- A new way to treat appendicitis without surgery. (well.blogs.nytimes.com)
- New migraine drugs are on the horizon. (wsj.com)
- The rationale for soda taxes fall apart on further review. (washingtonpost.com)
Psychology
- Why are our kids so miserable? (qz.com)
- Why you should meet a date for breakfast. (scientificamerican.com)
- Brett Steenbarger, "To become a happier human being, we need a different relationship with ourselves. And there is one secret to that better relationship: Stay relentlessly constructive." (forbes.com)
Drink
- Most wine doesn't increase in value over time. (foodandwine.com)
- The US brewery count is at an all-time high. (bloomberg.com)
CTE
- The NFL has a lot to explain about its handling of concussion data. (nytimes.com)
- Is the threat from CTE getting overblown? (sports.yahoo.com)
Entertainment
- Netflix ($NFLX) throttles video speeds for some customers. (washingtonpost.com)
- Thomas the Tank Engine is going global. (nytimes.com)
- Business lessons from the Grateful Dead. (fortune.com)
- A look back at Albert Brook's "Defending Your Life" 25 years in. (rollingstone.com)
- Female-led shows on Broadway are still a rarity. (fivethirtyeight.com)
- JK Rowling should really stop tweeting. (slate.com)
Education
- Are coding academies worth the money? (washingtonpost.com)
- MIT now has a "big data" MBA. (next.ft.com)
- Is the MFA the new MBA? (blog.patreon.com)
Earlier on Abnormal Returns
- What you may have missed in our Friday linkfest. (abnormalreturns.com)
- Podcast links: shaky ground. (abnormalreturns.com)
- Our March book link round-up for March with looks at Eric Balchunas' "The Institutional ETF Toolbox." (abnormalreturns.com)
- A new Essential Listening is up at the Enterprising Investor blog with episodes on Fannie and Freddie, why middlemen still exist and backroom poker dealings. (blogs.cfainstitute.org)