Thursdays are all about longform links here at Abnormal Returns. You can check out last week’s links including a look at the downside of being data-driven.

Quote of the Day

"Failure may be unavoidable in baseball, but these Cubs finally learned the serenity to accept the things they could not change, the courage to change the things they could, and the wisdom to know the difference."

(Bryan Graham)

Chart of the Day

The Chicago Cubs turnaround has been stunning.