History lessons - Deepstash

deepstash

Beta

Get an account to save ideas & make your own & organize them how you wish.

deepstash

Beta

Five Lessons from History

History lessons

The most important lessons from history are the takeaways that are so broad they can apply to other fields, other historical times, and other people. 

The point is that the more specific a lesson of history is, the less relevant it becomes.

561 SAVES


This is a professional note extracted from an online article.

Read more efficiently

Save what inspires you

Remember anything

IDEA EXTRACTED FROM:

Five Lessons from History

Five Lessons from History

https://www.collaborativefund.com/blog/five-lessons-from-history/

collaborativefund.com

7

Key Ideas

Voltaire

Voltaire

“History never repeats itself. Man always does.”

History lessons

The most important lessons from history are the takeaways that are so broad they can apply to other fields, other historical times, and other people. 

The point is that the more specific a lesson of history is, the less relevant it becomes.

Adopting new views 

One of the interesting parts of the Great Depressions from history is not just how the economy collapsed, but how quickly and dramatically people’s views changed when it did.

People suffering from immediate, unexpected adversity are likely to adopt views they previously thought absurd. It’s not until your life is in full chaos (with your hopes and dreams your dreams unsure) that people begin taking ideas they’d never consider before seriously.

Reversion to the mean

It occurs when people persuasive enough to make something grow don’t have the type of personality that allows them to stop before pushing too far.

Reversion to the mean is one of the most common stories in history. Part of the reason it happens is because the same personality traits that push people to the top also increase the odds of pushing them over the edge.

Unsustainable things can sustain for a long time

Yes, decisions should be made with facts. But in reality, to those directly involved, they’re made with contextualized facts (with things like social signaling, time horizon, office politics, government politics, year-end bonus targets, making up for past mistakes, insecurities, etc). The easiest way to answer the question “What should I do?” is usually to be guided by a story that makes sense to you. Not a statistic or pure facts, but a good tale.

Progress and setbacks

There are lots of overnight tragedies. There are rarely overnight miracles.

Progress happens too slowly for people to notice; setbacks happen too fast for people to ignore. Growth means compounding and that always takes time. Destruction is driven by single points of failure, which can happen in seconds.

Wounds heal, scars last

There’s a long history of people adapting and rebuilding while the scars of their ordeal remain forever, changing how they think about risk, reward, opportunities, and goals for as long as they live.

SIMILAR ARTICLES & IDEAS:

Making Things Happen

A leader's vision may or may not be that different from the next person's; what can set them apart is the vigour with which they pursue that st...

Boldness Of Vision

Leaders need to have a relatable and understandable long-term view of where an organization is headed.

When faced with the issue of slavery before the Civil War, Abraham Lincoln’s vision was that the United States should be “a nation conceived in liberty and dedicated to the proposition that all men are created equal. "

Changing The Mood

Changing the mood of an organization can be enough to stave off collapse and foster progress.
Nelson Mandela changed the mood of a divided South Africa coming out of the brink of civil war and facing a future with a high likelihood of inter-racial conflict. Once elected, he ran the new multiracial government with a light but decisive touch and set the tone – relaxed, inclusive, cheerful – that would create a new mood in the country.

2 more ideas

The Great Depression
The Great Depression

.. was a devastating economic collapse which started in the US in 1929, lasting a decade. Europe was already struggling post the WWI recession, while the US was thriving. As borrowings and stoc...

Wall Street Down

On 29th October 1929, the infamous crash of Wall Street happened, where 30 million dollars were lost in a week, leading to customers rushing to withdraw their money, known as the ‘bank run’.

The entire world felt the capitalistic fall and realized that a boom leads to a bust, eventually. The disastrous effects felt around the world showed how economically interconnected the world had become.

A New Deal

In 1933, then-President Franklin Roosevelt promoted his recovery path of Relief, Recovery and Reform, to give shape to the slow and arduous reform process that will take decades.

6 more ideas

Know When To Step Down

Often leaders have chosen to stay on when they should have bowed out. Without intending to, they often undo much of their own work and cause problems for their successors.

An increasin...

Don’t Believe Your Own Propaganda

Mustafa Kemal Ataturk, the father of modern Turkey, accounted for his limitations by issuing an order to ignore instructions he gave in the evenings – when he liked to carouse with his friends. But history has far more examples of leaders whose convictions of infallibility grow in proportion to their power, eventually leading to the failure of their plans.

The Traps That Power Lays

A job can subtly warp your judgement so that you only see things from one perspective.

Think of Richard Nixon trying to use the institutions of the American government to shut down the Watergate scandal. Or the unexpectedly long American war in Vietnam.

5 more ideas

Seven universal plots
Seven universal plots

There are only seven plots that are so fundamental to the way we tell stories that every storyteller uses one of them: Overcoming Monsters, Rags to Riches, The Quest, Voyage and Return Rebirth,...

Economic history

Looking for a few universal plot patterns reveals things fundamental to how all people think, which are likely to be repeated in the future and relevant to your own situation. This idea also applies to how the economy works.

Economic history can seem complicated because it's part of politics, psychology, sociology, criminology, biology, military, technology, education, finance, etc. But within all that complexity is a lot of similarities.

The lens to look through
  • People seem to want the same economic things – security, power, admiration, fulfillment.
  • They tend to use the same tactics to acquire those things - work, risk, incentives, persuasion, theft, control.
  • They tend to fall for the same flaws pursuing those things - overconfidence, pessimism, underestimating how fast things can change, etc.

Although economic history may seem complicated, there are only a small number of broad story plots throughout the world and throughout time.

8 more ideas

The Monk Who Sold His Ferrari

It is a story about materialistic success transforming into true prosperity. The personality development journey of both characters from the book is a guidebook to life.

Th...

Positive Thoughts
  • The quality of your life is determined by the quality of your thoughts. Mastering your mind means seeing setbacks as opportunities. 
  • Occupy your mind with uplifting thoughts, because they will give you the energy you'll need to attain the success you desire.
How To Attain Your Goal
  • Visualize your goal.
  • Keep yourself positively motivated.
  • Make a deadline.
  • Take steps daily.
  • Laugh along the way.

5 more ideas

5 Ghibli lessons to life
5 Ghibli lessons to life
  • Cooking and cleaning can be fun! The way these films artfully portray everyday tasks encourages us to work hard even at dusting.
  • A human relationship is more than just romanc...
Live Every Day as If It Were Your Last

Death doesn’t make life pointless, death makes life worth living. Sometimes the discussion about the meaning of life serves no purpose besides distracting you from the answer, which is found...

Food as a Test Of Self-Control

Although eating food is pleasurable, digesting it is our main purpose. We should eat to live rather than live to eat.

To practice this principle, one can eat plain foods without sauces or try intermittent fasting.

“The impediment to action advances action. What stands in the way becomes the way.”

“The impediment to action advances action. What stands in the way becomes the way.”

4 more ideas

Dilbert

Written by Scott Adams, is an 'infamous' comic strip that shows a humorous look in office life, but also manifests lessons on behavioral economics.

Behavioral Economics

.... refers to the study of how social and psychological factors (decisions made by an individual, institution or business) can affect the market and its resources.

A Lesson in Overconfidence

Dilbert’s boss shows overconfidence by assuming that all management is – himself included – above average. This is hardly the truth, in general. As for Dilbert’s boss, he completely misses the jab attacking his math skills because he’s too focused on himself.

Overconfidence of bosses can end up putting their companies in risky venturesWe all need to take some time to cool our egos and look at the world around us more realistically.

3 more ideas

Have a Succession Plan

Alexander the Great built one of the largest empires in history in just a few short years, and it fell apart just as quickly. As soon as Alexander died, his generals carved up his empire into pi...

Know When To Take Big Risks

Prince William Of Orange led the Dutch rebellion against Spain, then the most powerful empire in the world. To stop the advance of the more powerful Spanish army he pulled down several dikes and flooded a large portion of the Dutch countryside, contributing largely to the defeat of the Spanish.

Recognize when you can't beat your competitors and find a way to differentiate yourself.

Maintain Your Flexibility

During the Cuban missile crisis, many of JFK's advisors advised a full military invasion of Cuba. JFK held off on these plans, opting instead for a naval blockade and negotiations with Soviet leaders, all while planning for a possible invasion if these tactics failed.

Don't commit yourself to a strategic path without first evaluating all of the options available to you.

2 more ideas

Make Your Enemies Into Allies

Pointing out others’ mistakes rarely encourages them to change their behavior, and it certainly doesn’t help them learn anything. People aren’t driven by reason, but by emotion; so a public ...

Be The Beacon Your People Need

Nelson Mandela was lauded as a courageous leader -- even when he was truly terrified. Like the time he astonished his bodyguard by calmly reading a newspaper while the plane he was flying on had engine failure.

Mandela himself, however, later confessed in private that he’d been truly terrified but refused to show it. Mandela knew that courage is a choice, and everyone can be courageous by learning to cope with your anxieties and fears every day. 

Recruit Remarkable Guides

Niccolò Machiavelli held that using advisors well begins with knowing one’s own weaknesses and selecting advisors to offset them. It’s also necessary to know how to solicit advice the right way.

For Machiavelli, that meant showing advisors he valued their honest opinion and would not punish them for giving it. But, at the end of the day, he was the one calling the shots.

2 more ideas