Thursday links: why markets crash

MarketsBear markets are the price of admission for investors. (awealthofcommonsense.com)Don't let your stock picking become your identity. (investmenttalk.co)How to avoid blowing up your account. (novelinvestor.com)FinanceMore evidence that members of the military traded on prediction markets. (reuters.com)Hudson River Trading cleaned up in July while Jane Street experienced big losses. (ft.com)Big TechMeta ($META) is one of Microsoft ($MSFT) Azure's biggest customers. (bloomberg.com)Warehouses are a perfect place for robots. (wsj.com)The 'Amazon tax' is real and substantial. (seths.blog)RestaurantsThe burger wars are back with Burger King revamping the Whopper. (wsj.com)Do restaurant patrons still want to crack their own crabs? (slate.com)This app helps QSRs avoid missed shifts. (npr.org)Stay in touchDon't miss a thing! Sign up for our daily e-mail newsletter. (abnormalreturns.com)Work in wealth management? Sign up for our exclusive Talking Wealth newsletter. (talkingwealthpod.c