On the west coast of Ireland lies a small town called Shannon. But Shannon is not a quaint fishing village or farming community. Its industry is its airport. It looks like a cosmopolitan international airport, but it has a unique claim to fame: the world’s first airport duty-free store.

Today, the store has what you would expect – designer perfumes, jewellery and various fine foods, with a lot of local (in this case Irish) products in particular. But like the area around the airport, the shop started out small, with a local boy from the area who would go on to change the world of tax-free commerce in and beyond Shannon. The idea also kick-started economic free zones worldwide.

Josh Wolfe is the Co-Founder and Managing Partner of Lux Capital, a $4 billion venture capital firm that invests in solutions to the most vexing puzzles of our time.

This episode dives into Josh’s cautious perspective on the venture landscape and how it impacts Lux’s investment process. It also covers a handful of “directional arrows of progress,” including smell, deception and detection, the tech of science, infrastructure for the metaverse, crypto, elemental power, space, and Africa.

This is amongst the most impactful books I’ve ever read. It’s short but packs a punch, I highlighted 66 passages in the 112 pages!

I’ve already applied the learnings on strategy, listening, focus, and empathy to my daily life.

Josh Waitzkin was a chess prodigy and martial arts world champion. In this book he tells his remarkable story of personal achievement and shares the principles of learning and performance that have propelled him to the top—twice.

My take-aways for better learning include:

Stoicism is a philosophy that helps to make better choices. Choosing the right things to value, the right things to think, the right things to focus on, the right response to a difficult situation.

This article give the best insights from the Stoics on how choosing well can lead to a better life.

One financial lesson they should teach in school is that most of the things we buy have to be paid for twice. There’s the first price, just to gain possession of the desired thing. But then, in order to make use of the thing, you must also pay a second price.

This is the effort and initiative required to gain its benefits, and it can be much higher than the first price.

In this guide, you’ll learn 42 tricks to improve your pricing.

Another awesome list of life tips. I highlighted 16, my favourites include: