Join Platy’S Readwise Highlights

A batch of the best highlights from what Platy's read, .

Some people look at the list with year-in-review nostalgia; others see the results as a psychological evaluation. There are also those who try to cheat: In the weeks leading up to the Wrapped release, some people will stream specific songs over and over or tweak settings to listen to some artists privately to get the Wrapped results they want.

Inside Spotify Wrapped, an Annual Song of Ourselves

wsj.com

There is some sleight of hand here; that transformation is magical. Some of it is accomplished by diversification and prudent lending and regulation and ample bank capital; some of it is accomplished by deposit insurance and lender-of-last-resort support for banks; some of it is just, like, residual magic. Some of it is just belief; the banking system works because people believe that their deposits are safe.

Silicon Valley Is On Drugs - Bloomberg

Matt Levine

IF SOMEONE SELLS YOU STOCK AT YOUR BID PRICE, LOWER YOUR BID AND OFFER SLIGHTLY: IF SOMEONE IMMEDIATELY “HITS YOUR BID,” THEN YOU MIGHT WORRY THAT YOUR BID WAS ACTUALLY TOO HIGH AND YOU COULD’VE PAID LESS.

The Only Crypto Story You Need, by Matt Levine

bloomberg.com

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