The Big Lessons From History · Collaborative Fund - Deepstash

Keep reading for FREE

There are two kinds of historical events to learn from

There are two kinds of historical events to learn from

  • Specific events. Their usefulness is limited to particular events that will not be repeated in the exact same way. What did this person do right, or wrong? What ideas worked? What strategies failed?
  • Broad behaviours that repeatedly surface in many fields and eras. These behaviours are often ignored. How do people think about risk? How do they react to surprise? What motivates them, cause them to be overconfident, or unsure?

82

471 reads

Calm plants the seeds of crazy

  • Good times often breed complacency and scepticism of warnings. Until 2020, the public assumed pandemics were things of the past. 100 years ago, people had a better understanding of how dangerous an outbreak could be.
  • Carl Jung thought that an excess of something gives rise to its opposite. When there are no recessions, people get confident. Confident people take risks, leading to recessions.

90

397 reads

Progress requires optimism and pessimism to coexist

Optimism and pessimism go hand in hand. In finance, we are told to save like a pessimist and invest like an optimist. The short term is full of setbacks, problems, breakages, depressions, pandemics, errors, but if you can stick around long enough, you can experience long-term growth.

The long-run is usually rather good and the short run is normally quite bad. In reconciling the two, we learn how to manage both.

80

300 reads

People believe what they want to believe

  • Everyone has a model in their head of how they think the world works. That model is built mostly from what you've experienced and what people you trust have told you. But everyone has different experiences and a different set of people, leading to different models.
  • We also believe something if our income or approval in a social circle depends on believing it.

It is then essential to understand that no one thinks independently. We all suffer from some degree of blindness.

89

286 reads

Important things rarely have one cause

An important lesson from history is that big events are more complicated. It makes forecasting difficult, politics nasty, and lessons to learn from it harder.

We may demand simple answers to explain outlier events. However, it's almost impossible for something big to happen because of one event, person, or group. Unrelated things often culminate into something significant. For example, the Great Depression was the result of a stock market crash, a banking crash, a real estate bubble, an agricultural disaster, and an inadequate policy response. When all these things happened at the same time, it was a catastrophe.

72

211 reads

Risk is what you don’t see

The risks we talk about are seldom the most important in hindsight. The real risk is what no-one sees coming. For example, September 11th, Pearl Harbor, The Great Depression. These events surprised nearly everyone and instantly shoved the world in a new direction.

When we are caught off guard, two things happen: One is that we are vulnerable. The other is that surprise shakes our beliefs in a way that leaves us paranoid and pessimistic.

77

276 reads

CURATED BY

christopher_gc

Whenever I have a problem I just sing, then I realize my voice is worse than my problem

Ready for the next level?

Read Like a Pro

stash-superman-illustration

Explore the World’s

Best Ideas

200,000+ ideas on pretty much any topic. Created by the smartest people around & well-organized so you can explore at will.

An Idea for Everything

Explore the biggest library of insights. And we've infused it with powerful filtering tools so you can easily find what you need.

Knowledge Library

Powerful Saving & Organizational Tools

Save ideas for later reading, for personalized stashes, or for remembering it later.

# Personal Growth

Take Your Ideas

Anywhere

Organize your ideas & listen on the go. And with Pro, there are no limits.

Listen on the go

Just press play and we take care of the words.

Never worry about spotty connections

No Internet access? No problem. Within the mobile app, all your ideas are available, even when offline.

Get Organized with Stashes

Ideas for your next work project? Quotes that inspire you? Put them in the right place so you never lose them.

Join

2 Million Stashers

4.8

Stars

5,740 Reviews

App Store

4.7

Stars

72,690 Reviews

Google Play

samz905

Don’t look further if you love learning new things. A refreshing concept that provides quick ideas for busy thought leaders.

Sean Green

Great interesting short snippets of informative articles. Highly recommended to anyone who loves information and lacks patience.

Shankul Varada

Best app ever! You heard it right. This app has helped me get back on my quest to get things done while equipping myself with knowledge everyday.

Ashley Anthony

This app is LOADED with RELEVANT, HELPFUL, AND EDUCATIONAL material. It is creatively intellectual, yet minimal enough to not overstimulate and create a learning block. I am exceptionally impressed with this app!

Laetitia Berton

I have only been using it for a few days now, but I have found answers to questions I had never consciously formulated, or to problems I face everyday at work or at home. I wish I had found this earlier, highly recommended!

Jamyson Haug

Great for quick bits of information and interesting ideas around whatever topics you are interested in. Visually, it looks great as well.

Giovanna Scalzone

Brilliant. It feels fresh and encouraging. So many interesting pieces of information that are just enough to absorb and apply. So happy I found this.

Ghazala Begum

Even five minutes a day will improve your thinking. I've come across new ideas and learnt to improve existing ways to become more motivated, confident and happier.

Read & Learn

20x Faster

without
deepstash

with
deepstash

with

deepstash

Access to 200,000+ ideas

Access to the mobile app

Unlimited idea saving & library

Unlimited history

Unlimited listening to ideas

Downloading & offline access

Personalized recommendations

FAQ

Claim Your Limited Offer

Get Deepstash Pro

BLACK FRIDAY

75% OFF | 1-Year Pro Subscription

Claim Offer