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Quote of the Day
"Thinking seriously about the future requires keeping an open mind, understanding what you don’t know, and seeing things as others see them. If the end result is a good forecast, perhaps we should see that as the icing on the cake."
(Tim Harford)
Chart of the Day

Natural gas has succeeded coal as the largest source of power in the US. (via @ritholtz)
Autos
- Pronto.AI is making some pretty big claims about their self-driving systems. (theguardian.com)
- Zoox is now driving passengers around California. (techcrunch.com)
- Vespas really hold their value well. (nytimes.com)
- A look at some of the EVs on deck. (wsj.com)
- SUVs dominated 2018. (cnn.com)
Environment
- Rising sea levels make life more difficult for the elderly and disabled. (bloomberg.com)
- Six glimmers of hope for the environment. (fastcompany.com)
Travel
- The 747 is no more. What planes are airlines are using in their place. (wsj.com)
- Why airlines make you check your carry-on bags. (vox.com)
- These US airports are at greatest risk of rising sea levels. (buzzfeednews.com)
Science
- The year in biology. (quantamagazine.org)
- The year in physics. (quantamagazine.org)
- The year in math and computer science. (quantamagazine.org)
Technology
- Outside of the spotlight Google's ($GOOGL) AlphaGo is getting more powerful. (nytimes.com)
- The iron law of social networks: the bigger they get the less useful they become. (techcrunch.com)
- How to encrypt your life. (medium.freecodecamp.org)
- A smart speaker IQ test. (loupventures.com)
Self-promotion
- Sign up for our daily e-mail newsletter to stay up-to-date with all of our posts. (abnormalreturns.com)
- Check out our financial history-focused Market Moment every day in your Alexa flash briefing. (amazon.com)
Medicine
- 10 questions Americans had for "Dr. Google" in 2018. (cnn.com)
- Doctor referrals are likely not unbiased. (wsj.com)
- Better doctors have better patients. (papers.ssrn.com)
- Are fertility treatments overprescribed? (washingtonpost.com)
- More hospitals are offering thrombectomies to treat stroke. (wsj.com)
- Electric-powered bandages could help speed healing time. (engadget.com)
- The average American is obese. (bloomberg.com)
Food
- Oat milk is the hot new dairy-alternative. (ft.com)
- More restaurants are operating with a charitable business model. (bloomberg.com)
- Breakfast at McDonald's ($MCD) is key for the company. (wsj.com)
Drink
- Baijiu is China's vodka and it is making its way to the States. (finance.yahoo.com)
- Distillers are going to great lengths to find new woods to age their liquors in. (thedailybeast.com)
- Why we don't have a hangover cure: Shaughnessy Bishop-Stall set out to investigate why and the result is "Hung Over: The Morning After and One Man’s Quest for a Cure." (theverge.com)
- The most exciting spirits of 2018. (bloomberg.com)
- In praise of the nightcap. (bloomberg.com)
Sports
- Swimmers, who want to make a living, are pushing back against the sport's governing body, FINA. (nytimes.com)
- Why economists are increasingly studying sports. Hint, think data. (weforum.org)
Kids
- Fortnite has exploded as an issue for families. (wsj.com)
- 50 questions to ask your children instead of "How was your day?" (herviewfromhome.com)
Earlier on Abnormal Returns
- Longform links: all-consuming parenting. (abnormalreturns.com)
- What you missed in our Friday linkfest. (abnormalreturns.com)
- Podcast links: first principles. (abnormalreturns.com)
- Dabbling in the markets is not the same thing as having a well-thought out investing plan. (abnormalreturns.com)