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Generalists, Starbucks, and Book Stores

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Top Articles

A roundup of the week's most popular articles and essays from Playtext.

1. The Rise Of The Generalist (21 min)

Social media and the internet enable individuals to monetize their varied skills, build personal brands, and achieve financial independence by engaging and leveraging multiple skills to create unique opportunities in today's digital age.

2. Starbucks' Digital Dilemma (35 min)

Starbucks is at a crossroads.

Should they focus on price and compete with McDonald's?

Or should they focus on quality and compete with local coffee shops?

3. You Are What You Read, Even If You Don’t Always Remember It (2 min)

"I cannot remember the books I've read any more than the meals I have eaten; even so, they have made me.”

4. Base Power Company (1hr 32 min)

This article concerns a company called Base Power Company and its plan to fix the electricity grid.

It argues that the current electricity grid is outdated and can't handle the increasing demand for electricity, especially from renewable sources like solar and wind (they don't always produce electricity).

Base Power Company plans to address this problem by installing residential battery systems in people's homes, which can help smooth out these fluctuations and stabilize the grid.

5. Risk Seeking vs. Mitigating (9 min)

Risk-seeking investors tend to chase performance and invest in trendy assets while risk-mitigating investors focus on preserving capital and avoiding losses. Both approaches can be successful, as long as investors are disciplined and stick to their process.

Notes

  • Interested in sponsoring this newsletter? Get in touch here.

  • Love reading? Playtext turns any text into an audiobook. Upload unlimited books, PDFs, and articles, listen on the go, and read 2x faster!

  • More books? Playtext Books has over 100 summaries on business, science, and productivity.

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