The Super Bowl “Indicator”, the Madness of Crowds, and a Long-Term Perspective

“Every age has its peculiar folly: some scheme, project or fantasy into which it plunges, spurred on by the love gain, the necessity of excitement, or the mere force of imitation.” - Charles Mackay, Extraordinary Popular Delusions and the Madness of Crowds, 1841. According to LPL, if the AFC wins the