Historical Events Drive Change

Historical events that have never happened before occur frequently and have the most significant impact on shaping the future in various fields, such as business and investing. Key economic events like the Great Depression, World War II, interest rate collapses, and globalization are examples of events that were unprecedented until they occurred and transformed the world. Predictions of such events could be dismissed based on their historical uniqueness. History is essentially a study of change and serves as a guide to the future, though the belief that gathering data and reading history books can provide a clear map to the future is misleading.