Thursdays are now all about longform links on Abnormal Returns. You can check out last week’s linkfest including a look inside the great NBA bubble experiment.

Quote of the Day

"When things are hard, when things are scary, when we’re tired, when we’ve had a run of bad luck: magical thinking kicks in."

(Ryan Holiday)

Chart of the Day

Remember Peak Oil? Well, it’s here.

(bloomberg.com)