Thursdays are all about longform links on Abnormal Returns. You can check out last week’s linkfest including a look at why collectibles are, on average, a bad investment.

Quote of the Day

"Today Amazon’s logistics is massive and fully integrated from the fulfillment center to the doorstep, even though it only serves Amazon; the obvious next step is opening it up to non-Amazon retailers, and that is exactly what is happening."

(Ben Thompson)