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In this episode, I’m joined by someone who knows a thing or two about navigating the unpredictable: Ian T. Brown. Commissioned in the U.S. Marine Corps in 2003, Ian earned his wings as a CH-53E Super Stallion helicopter pilot, flying missions from the deserts of Iraq and Afghanistan to the wide-open expanses of the Pacific. Along the way, he’s worn just about every hat the Corps has to offer—forward air controller, requirements officer, historian—each one giving him a unique vantage on decision-making under pressure.

Ian’s intellectual flight path is no less impressive. He holds a bachelor’s in history from Saint Anselm College and a master’s in military history from Norwich University, and he’s put pen to paper for outlets like the Marine Corps Gazette, War on the Rocks, and Strategy Bridge. And now, with his first book, A New Conception of War, Ian delivers a deep dive into the shifting paradigms that have shaped—sometimes upended—the business of modern war. When not writing, he is a Wargame Analyst and host of the "Marine Pulse" Podcast.

Whether you lead investors, companies, or combat teams, something in Ian’s journey—adaptability, courage, relentless curiosity—speaks to anyone trying to find clarity in the fog of uncertainty.

So buckle up. Today we’ll talk OODA loops, strategic inflection points, and what it really means to lead when the rulebook is being rewritten in real time.

Thanks for reading History Lessons for the Modern Investor! Subscribe for free to receive new posts and support my work.

🎯Patrick Huey is a small business owner and the author of two books on history and finance as well as the highly-rated recently-released fictional work Hell: A Novel. As owner of Victory Independent Planning, LLC, Patrick works with families and non-profit organizations. He is a CERTIFIED FINANCIAL PLANNER™ professional, Chartered Advisor in Philanthropy® and an Accredited Tax Preparer. He earned a Bachelor’s degree in History from the University of Pittsburgh, and a Master of Business Administration from Arizona State University. Patrick previously served as a Naval Flight Officer from 1996-2005, earning the Strike Fighter Air Medal during combat operations and two Navy Achievement Medals. 👉🏻 Reach him at 877-234-8957 or schedule a time to talk using this link:

https://freebusy.io/victoryindependentplanning-Patrick-Hueys-booking-Page/historylessonspodcast

#investing #investor #johnboyd #maneuverwarfare

This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit hl4tmi.substack.com

On May 24, 1869, the Transcontinental Railroad was completed.

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Though the ceremonial "Golden Spike" had been driven at Promontory Summit, Utah, just weeks before, it was in late May that the line’s final connections, public inaugurations, and unrestricted coast-to-coast service truly signaled the dawn of a new era. For the first time, one continuous ribbon of steel linked the Atlantic and Pacific—a feat that seemed unimaginable just a generation earlier. The dream of a railroad stretching from Omaha, Nebraska, to Sacramento, California, had long captured the country’s imagination, promising faster trade, safer travel, and a tangible binding of East and West. Making the vision a reality demanded unprecedented engineering skill: workers tunneled through the granite of the Sierra Nevada, laid track over arid plains and swollen rivers, and battled brutal weather and daunting logistics. The project called forth epic teamwork from a diverse workforce, including thousands of Chinese and Irish immigrants who toiled under grueling, often dangerous conditions. Beyond its technical challenges, the transcontinental railroad overcame enormous financial risk, bitter rivalries between railroad companies, and fierce debates in Congress about funding and routes. Yet the collective determination and ambition paid off: with the final link complete, settlements sprang up along the route, western cities boomed, and goods, gold, mail, and people could crisscross the continent in days rather than months. The transcontinental railroad didn’t just change maps; it shifted the arc of American opportunity, fueling one of the greatest periods of economic growth and national integration in U.S. history.Here are four Lessons for the Modern Investor from the completion of the Transcontinental Railroad.🚂 Connect for Long-Term GrowthThe transcontinental railroad was not simply a spectacular feat of engineering—it was the engine that drove market expansion and knit together the nation for generations to come. Modern investors can take a cue from this: invest in opportunities that open new markets, connect disparate sectors, or enable broader growth. In portfolios, look for holdings that bridge gaps—whether it’s technology enabling new industries, infrastructure supporting future needs, or companies building underlying platforms for the next wave of innovation.🚂 Be Ready to Endure Setbacks and DelaysThe path to completion was anything but smooth. Progress stalled countless times due to technical failures, extreme weather, supply disruptions, and political wrangling. For investors, this is a reminder not to abandon strategy at the first sign of difficulty. Market downturns, volatility, and unexpected detours are part of every long-term endeavor. Sticking to a well-considered plan, making measured adjustments when needed, and staying patient can position you to cross your own finish lines, even if the route takes longer than you hoped.🚂 Diversify Your Sources of StrengthSuccess required integrating capital, labor, and expertise from a wide range of backgrounds—skilled engineers, immigrant laborers, government financiers, and local entrepreneurs all played essential roles. In investing, diversification is more than a buzzword; it’s the proven method to manage risk and tap into the unexpected strengths that arise when different ideas, industries, and regions combine. Like the railroad, your financial “track” is stronger when supported by multiple beams.🚂 Invest in What Changes the MapThe legacy of the railroad isn’t just about efficiency; it’s about transformation. It redefined the geography of business, population, and imagination. For today’s investors, this means looking beyond incremental advances—seek out the innovations, companies, and themes that are redefining the boundaries of possibility, much as railroads did for 19th-century America. These bets may carry higher risk, but they’re also the ideas that can create generational value.A Final ThoughtThe completion of the transcontinental railroad bridged a nation—uniting distant coasts, transforming commerce, and forever altering America’s sense of what was possible. Its story endures as a reminder of the rewards born from bold vision, collective effort, persistence through setbacks, and investments that change the landscape.

Thanks for reading History Lessons for the Modern Investor! This post is public so feel free to share it.

This episode is sponsored by Victory Independent Planning. Ready to take the stress out of your retirement? At Victory Independent Planning, we put you on the right trajectory with our exclusive VIP Retirement Glidepath™️!

Schedule an assessment now: https://freebusy.io/victoryindependentplanning-VIP-Booking/phone-consultation

🎯Patrick Huey is a small business owner and the author of three books on history and finance as well as the highly-rated recently-released fictional work Hell: A Novel. As owner of Victory Independent Planning, LLC, Patrick works with families and non-profit organizations. He is a CERTIFIED FINANCIAL PLANNER™ professional, Chartered Advisor in Philanthropy® and an Accredited Tax Preparer. He earned a Bachelor’s degree in History from the University of Pittsburgh, and a Master of Business Administration from Arizona State University. Patrick previously served as a Naval Flight Officer from 1996-2005, earning the Strike Fighter Air Medal during combat operations and two Navy Achievement Medals. 👉🏻 Reach him at 877-234-8957 or schedule a time to talk using this link:

https://freebusy.io/victoryindependentplanning-VIP-Booking/phone-consultation

#trains #HistoryLessons #RiskManagement #LearnFromHistory

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This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit hl4tmi.substack.com

On May 18, 1980, Mount St. Helens Erupted.

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A quiet morning in southwestern Washington was forever changed by the explosive eruption of Mount St. Helens—the deadliest and most costly volcanic event in U.S. history. After more than a century of dormancy, the mountain stirred to life that spring: earthquakes rumbled, steam vents billowed, and a visible bulge grew on the north face, warning of pressure mounting below. Despite these clear signals, many underestimated the risks—some out of skepticism, others through familiarity with the mountain’s silence. At 8:32 a.m., a magnitude 5.1 earthquake rattled beneath Mount St. Helens, triggering the largest landslide ever recorded and unleashing a cataclysmic lateral blast. A massive swath of forest was flattened in seconds; the summit dropped by over 1,300 feet; and volcanic ash soared skyward, blanketing cities hundreds of miles away. Fifty-seven people lost their lives, including locals and scientists who, despite mounting evidence, stayed too close. In the aftermath, rivers choked with debris, landscapes were transformed, and the region became a remarkable laboratory for scientists and ecologists studying renewal and resilience. For all its devastation, Mount St. Helens offers a powerful story: risk is ever-present, but how we perceive and adapt to it can shape outcomes far beyond what we expect.Here are Four Lessons for the Modern Investor from the eruption of Mt. St. Helens. 🌋 Risk Homeostasis—How Perceived Risk Shapes BehaviorLeading up to the eruption, the visible signs of danger—steam, earthquakes, and a swelling mountain—didn’t have the same effect on everyone. Some people, accustomed to the mountain’s serenity, normalized the risk and discounted the threat. Others saw the warning signs and made conscious decisions to evacuate and take safety precautions. This is risk homeostasis in action: As described in the book History Lessons for the Modern Investor, humans self-regulate the risk they’re willing to tolerate, adapting their behavior as their perception of risk shifts. In markets, when volatility subsides or threats appear distant, investors naturally take on more risk, stretching for yield or neglecting hedges. But as perceived danger rises, they often scramble to reduce exposure, sometimes too late. The lesson? Cultivating a steady awareness of underlying risk, not just the risk you feel in the moment, can help you make level-headed, forward-thinking decisions rather than reactive moves when danger finally erupts.🌋 Have an Emergency Plan After the eruption, those who had prepared and acted quickly, keeping supplies at hand and routes in mind, fared far better than those who stalled or assumed the worst could never happen. The same principle applies to investors: having an emergency plan matters. This often means maintaining adequate liquidity and a clear cash reserve. When markets shake or personal emergencies arise, liquid assets buy you time and options, allowing you to avoid selling core investments at inopportune moments, or to take advantage of opportunities that others cannot. In behavioral finance, the simple act of preparation reduces panic, much as those who knew evacuation protocols responded more calmly under stress. Build your financial “emergency plan” before you need it.🌋 Adapt to Change and Seek RenewalFrom the lifeless blast zone sprang new growth—plants breaking through ash, wildlife returning in surprising abundance. Investors, too, must be ready to pivot in response to upheaval. Market corrections or economic disruptions aren’t just setbacks; they’re opportunities to reassess strategy, reallocate toward areas primed for growth, and let go of past approaches that no longer serve. Renewal requires courage to change direction and the discipline to look for value where others see only ruin.🌋 Learning in Crisis Leads to Long-Term StrengthMount St. Helens revolutionized the science of volcanology, leading to sophisticated early warning systems and better disaster preparedness. In investing, every bout of volatility or personal misstep is a chance to deepen risk awareness and refine your process. Those who reflect on what happened—and why—emerge better prepared for the next cycle, transforming hard-won lessons into a more robust strategy for the future.A Final ThoughtThe eruption of Mount St. Helens stands as both a cautionary tale and an inspiration. Risk is never absent—it just shifts, and our perception of it often lags reality. By understanding risk homeostasis, maintaining an emergency plan, remaining adaptable, and learning from adversity, investors can turn even the most seismic disruptions into catalysts for renewal and growth.

Thanks for reading History Lessons for the Modern Investor! This post is public so feel free to share it.

This episode is sponsored by Victory Independent Planning. Ready to take the stress out of your retirement? At Victory Independent Planning, we put you on the right trajectory with our exclusive VIP Retirement Glidepath™️!

Schedule an assessment now: https://freebusy.io/victoryindependentplanning-VIP-Booking/phone-consultation

🎯Patrick Huey is a small business owner and the author of three books on history and finance as well as the highly-rated recently-released fictional work Hell: A Novel. As owner of Victory Independent Planning, LLC, Patrick works with families and non-profit organizations. He is a CERTIFIED FINANCIAL PLANNER™ professional, Chartered Advisor in Philanthropy® and an Accredited Tax Preparer. He earned a Bachelor’s degree in History from the University of Pittsburgh, and a Master of Business Administration from Arizona State University. Patrick previously served as a Naval Flight Officer from 1996-2005, earning the Strike Fighter Air Medal during combat operations and two Navy Achievement Medals. 👉🏻 Reach him at 877-234-8957 or schedule a time to talk using this link:

https://freebusy.io/victoryindependentplanning-VIP-Booking/phone-consultation

#mtsthelens #HistoryLessons #RiskManagement #LearnFromHistory

Follow along for more insights, strategies, and reflections.

This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit hl4tmi.substack.com

On May 8, 1945, World War II ended in Europe as V-E Day dawned.

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Celebrations spilled joyously into the streets across Europe and North America as Victory in Europe Day—V-E Day—marked the official end of World War II on the continent. To understand the profound significance of this date, it’s important to revisit the hardships that led up to it: World War II was the most devastating conflict in human history, spanning six years and engulfing nations across continents. From the blitzkrieg in Poland, to the Battle of Britain, the siege of Stalingrad, the Normandy landings, and the final push across the Rhine, the war left behind staggering losses—estimates of more than 60 million people perished, entire cities were leveled, and societies were upended. Civilians endured occupation, rationing, forced labor, and constant fear, while soldiers and resistance fighters faced unimaginable danger to repel Nazi aggression and liberate occupied lands. When Nazi Germany finally unconditionally surrendered, it was not just a military victory—it was a collective sigh of relief after years of darkness and uncertainty. V-E Day brought an outpouring of joy, gratitude, and hope for renewal. Families and strangers alike thronged city squares in London, Paris, New York, and elsewhere—hugging, waving flags, and singing in spontaneous celebration. But alongside the relief, there was also an acute awareness of the challenges ahead: rebuilding ruined economies, restoring communities, healing deep wounds, and forging new frameworks of international cooperation to secure a lasting peace. The end of war, hard-won and dearly bought, marked both a moment of closure and the beginning of a new era, where vision and perseverance would be needed just as keenly as they were during the struggle.Here are Three Lessons for the Modern Investor from V-E Day:🎖️ Resilience Through Uncertainty Lays the Foundation for RecoveryThe Allied triumph in Europe happened because people held steady through adversity. Markets and life, too, are full of uncertainty and setbacks. During difficult times, it’s easy to be swept up in anxiety or the temptation to abandon your plan. But just as history rewards persistence and patience, so does investing. Staying focused on your long-term goals and not letting fear dictate your moves can help ensure you’re prepared not only to withstand rough patches but to benefit from the growth that so often comes after.🎖️ Working Together Amplifies Individual StrengthV-E Day was possible thanks to the coordinated effort of many nations coming together for a shared purpose. In investing, diversification is your coalition—spreading your portfolio across asset classes, sectors, and regions to weather all kinds of economic “battles.” Drawing on the knowledge of trusted advisors further strengthens your approach. When you join forces—whether that’s with professional advice or simply a more balanced strategy—you’re better equipped to face whatever comes next.🎖️ Transitions Deserve Reflection and HopeV-E Day marks not an ending, but a beginning: a time for gratitude for what’s been overcome, and a chance to thoughtfully chart the road ahead. As an investor, big moments—market rallies, downturns, or personal milestones—are invitations to pause, reassess, and renew your financial plans. As the architect of VE Day, General Dwight Eisenhower famously said, “Plans are useless. But planning is essential.” Embrace these transitions as opportunities to revisit your vision, incorporate new goals, and position yourself for growth as the world continues to change.A Final ThoughtV-E Day lives on as a warm reminder that, even after the most testing of times, hope and community can set the stage for renewal. Today, the same values of resilience, cooperation, and long-term perspective can guide us through economic uncertainty and change. Investing is not just about weathering the storm—it’s about coming together, planning for what’s next, and keeping an eye on the brighter future that follows.

Thanks for reading History Lessons for the Modern Investor! This post is public so feel free to share it.

This episode is sponsored by Victory Independent Planning. Ready to take the stress out of your retirement? At Victory Independent Planning, we put you on the right trajectory with our exclusive VIP Retirement Glidepath™️!

Schedule an assessment now: https://freebusy.io/victoryindependentplanning-VIP-Booking/phone-consultation

🎯Patrick Huey is a small business owner and the author of three books on history and finance as well as the highly-rated recently-released fictional work Hell: A Novel. As owner of Victory Independent Planning, LLC, Patrick works with families and non-profit organizations. He is a CERTIFIED FINANCIAL PLANNER™ professional, Chartered Advisor in Philanthropy® and an Accredited Tax Preparer. He earned a Bachelor’s degree in History from the University of Pittsburgh, and a Master of Business Administration from Arizona State University. Patrick previously served as a Naval Flight Officer from 1996-2005, earning the Strike Fighter Air Medal during combat operations and two Navy Achievement Medals. 👉🏻 Reach him at 877-234-8957 or schedule a time to talk using this link:

https://freebusy.io/victoryindependentplanning-VIP-Booking/phone-consultation

#wwii #HistoryLessons #RiskManagement #LearnFromHistory

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This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit hl4tmi.substack.com

In this episode, I spoke with Mark Mustian, author of the recently released book Boy With Wings.

What does it mean to be different? From Mark Mustian, founder of the Word of South Festival of Literature and Music and award-winning author of the international bestseller “The Gendarme,” comes the new Southern gothic novel, “Boy With Wings” (March 15, 2025, Koehler Books). About the book: Johnny Cruel is born with strange appendages on his back, frightening his neighbors and leaving him struggling to find a home. Johnny ends up in a “freak show” traveling the 1930s South, where he bares his back to onlookers who come to gape and fawn. Is he a horror or an angel? Should he hide himself to live his life? As Johnny comes to grips with his uniqueness, he embarks on a journey of love and finds the miracles that give our lives meaning. Mustian’s thrilling and emotional story of self-discovery is perfect for book clubs and fans of historical fiction.

Sometimes being different is an advantage.

In the world of investing, going with the crowd often feels like the safest option. Trends, hot stocks, and consensus ideas create a sense of comfort.

But following the herd doesn't always lead to success.

_________________________________________________________________________ 🎯Patrick Huey is a small business owner and the author of two books on history and finance as well as the highly-rated recently-released fictional work Hell: A Novel. As owner of Victory Independent Planning, LLC, Patrick works with families and non-profit organizations. He is a CERTIFIED FINANCIAL PLANNER™ professional, Chartered Advisor in Philanthropy® and an Accredited Tax Preparer. He earned a Bachelor’s degree in History from the University of Pittsburgh, and a Master of Business Administration from Arizona State University. Patrick previously served as a Naval Flight Officer from 1996-2005, earning the Strike Fighter Air Medal during combat operations and two Navy Achievement Medals. 👉🏻 Reach him at 877-234-8957 or schedule a time to talk using this link:

https://freebusy.io/victoryindependentplanning-Patrick-Hueys-booking-Page/historylessonspodcast

#investing #investor #greatdepression #boywithwings

This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit hl4tmi.substack.com

On April 30, 1975, Saigon fell, marking the end of American involvement in Vietnam.

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The world watched as helicopters evacuated the last remaining Americans from the U.S. Embassy in Saigon, marking the end of the Vietnam War and the fall of South Vietnam's capital to communist forces. This event signaled the collapse of a two-decade-long military engagement and drew attention to the complexities of foreign intervention and nation-building during the Cold War. Saigon’s fall was both a sobering conclusion to the conflict and a turning point in redefining U.S. foreign policy. As nearly chaotic scenes of evacuation unfolded, the Fall of Saigon served as a cautionary tale about misjudged strategies, overextended ambitions, and the unintended consequences of protracted engagements. While devastating in scope, it also underscored humanity’s capacity for resilience in the face of profound loss—lessons that are as relevant to navigating complex geopolitical situations as they are to financial markets and creating financial plans. Here are 3 Lessons for the Modern Investor from the fall of Saigon. 🚁Avoid Overextension and Focus on Core StrengthsThe U.S. involvement in Vietnam reflected significant overextension, investing resources into a conflict where the goals became increasingly unattainable. For investors, this highlights the importance of focusing on the core of a portfolio and avoiding overexposure to high-risk or underperforming assets. Beware of overconfidence bias, where you believe you can control outcomes even in highly uncertain situations. Keeping your investments aligned with clear objectives and matching tactics can help avoid unnecessary risk.🚁 Adaptability is Critical in Changing ConditionsThe Fall of Saigon occurred despite enormous investment and effort—a signal that large-scale shifts may be inevitable when conditions change rapidly. Similarly, investors must remain flexible in the face of changing markets. Whether responding to economic downturns, policy shifts, or global disruptions (all of which have happened in the last month), staying adaptable and reassessing your strategy is crucial to long-term success. 🚁Resilience and Recovery Are KeyWhile the fall of South Vietnam was a significant loss, the human and economic recovery in the aftermath is one of history’s better moments. American and Vietnamese relations were normalized in 1995, and the countries have continually renewed their commitment to strengthened cooperation over the last thirty years. For investors, this is a reminder that market downturns or economic shocks, while painful, can offer recovery opportunities for those who remain disciplined. History shows that resilience—whether on the battlefield, at the peace table, or in the markets—is an essential element of success.A Final ThoughtThe Fall of Saigon marked the end of an era. For investors, these lessons emphasize the importance of managing risk, adjusting strategies to changing conditions, and maintaining a long-term perspective even in uncertain times.

Thanks for reading History Lessons for the Modern Investor! This post is public so feel free to share it.History Lessons for the Modern Investor | Economic Trends & Market Insights Explore the past to make sense of the present! This playlist breaks down key historical events and their impact on today’s financial markets. From understanding inflation and interest rates to analyzing the 10-year Treasury yield, we connect the dots between history and modern investing. Learn how figures like Elon Musk influence the economy, what past trends say about today’s economic calendar, and even answer questions like "Where is my tax refund?" and how tax refunds affect consumer spending. Stay ahead of the curve by using history as your guide to smarter investing!

This episode is sponsored by Victory Independent Planning. Ready to take the stress out of your retirement? At Victory Independent Planning, we put you on the right trajectory with our exclusive VIP Retirement Glidepath™️!

Schedule an assessment now: https://freebusy.io/victoryindependentplanning-VIP-Booking/phone-consultation

🎯Patrick Huey is a small business owner and the author of three books on history and finance as well as the highly-rated recently-released fictional work Hell: A Novel. As owner of Victory Independent Planning, LLC, Patrick works with families and non-profit organizations. He is a CERTIFIED FINANCIAL PLANNER™ professional, Chartered Advisor in Philanthropy® and an Accredited Tax Preparer. He earned a Bachelor’s degree in History from the University of Pittsburgh, and a Master of Business Administration from Arizona State University. Patrick previously served as a Naval Flight Officer from 1996-2005, earning the Strike Fighter Air Medal during combat operations and two Navy Achievement Medals. 👉🏻 Reach him at 877-234-8957 or schedule a time to talk using this link:

https://freebusy.io/victoryindependentplanning-VIP-Booking/phone-consultation

#vietnamwar #HistoryLessons #RiskManagement #LearnFromHistory

Follow along for more insights, strategies, and reflections.

This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit hl4tmi.substack.com

On April 25, 1953, James Watson and Francis Crick published their groundbreaking discovery of DNA's double-helix structure in the scientific journal Nature.

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A pivotal moment in history, Watson and Crick unlocked the secrets of genetic coding, marking the dawn of modern molecular biology. The revolutionary breakthrough was made possible not just by Watson their work, but also by contributions from scientists like Rosalind Franklin, whose X-ray diffraction images played a critical role in revealing DNA’s structure. The discovery of DNA’s double helix transformed science and medicine, paving the way for advances in genetic research, biotechnology, and personalized medicine. It opened doors to understanding heredity, diagnosing genetic conditions, and even creating new fields like genomics. Importantly, this achievement serves as a reminder of how collaboration, curiosity, and scientific perseverance can lead to paradigm-shifting breakthroughs.Here are 3 Lessons for the Modern Investor from the genetic code:🧬 Innovation Drives Long-Term GrowthThe DNA discovery illustrates how forward-thinking innovations can transform entire industries. For investors, identifying opportunities in emerging technologies—such as biotechnology, artificial intelligence, or renewable energy—holds the potential for long-term returns. Breakthroughs don’t happen overnight, and as we’ve seen recently with AI they can be volatile. But staying aligned with sectors that prioritize research, development, and innovation can deliver compounding benefits over time. The key is to identify companies and industries that are likely to shape the future and invest accordingly.🧬 Collaboration Enhances ResultsThe discovery of DNA's structure was the result of teamwork among scientists across disciplines who shared data and expertise. For investors, this highlights the importance of collaboration in financial decision-making, utilizing advice from advisors to create a diversified investment portfolio that can serve the same function as a collaborative effort—spreading risk and effort to achieve better results.🧬 Patience Leads to BreakthroughsCracking the mystery of DNA required years of persistence and incremental progress. Similarly, successful investing often requires patience and a long-term view. Behavioral finance warns of short-term bias, where investors may feel compelled to chase immediate returns at the expense of long-term goals. Much like scientific discovery, building wealth is a process that rewards consistent effort and disciplined strategy over time.A Final ThoughtThe discovery of DNA’s double-helix structure remains one of the most transformative scientific achievements of the 20th century, unlocking countless advancements that continue to shape the world. For investors, its lessons extend beyond science: innovation, collaboration, and steadfast patience are all principles that can inspire financial success.

Thanks for reading History Lessons for the Modern Investor! This post is public so feel free to share it.

History Lessons for the Modern Investor | Economic Trends & Market Insights Explore the past to make sense of the present! This playlist breaks down key historical events and their impact on today’s financial markets. From understanding inflation and interest rates to analyzing the 10-year Treasury yield, we connect the dots between history and modern investing. Learn how figures like Elon Musk influence the economy, what past trends say about today’s economic calendar, and even answer questions like "Where is my tax refund?" and how tax refunds affect consumer spending. Stay ahead of the curve by using history as your guide to smarter investing!

This episode is sponsored by Victory Independent Planning. Ready to take the stress out of your retirement? At Victory Independent Planning, we put you on the right trajectory with our exclusive VIP Retirement Glidepath™️! Schedule an assessment now: https://freebusy.io/victoryindependentplanning-VIP-Booking/phone-consultation 🎯Patrick Huey is a small business owner and the author of three books on history and finance as well as the highly-rated recently-released fictional work Hell: A Novel. As owner of Victory Independent Planning, LLC, Patrick works with families and non-profit organizations. He is a CERTIFIED FINANCIAL PLANNER™ professional, Chartered Advisor in Philanthropy® and an Accredited Tax Preparer. He earned a Bachelor’s degree in History from the University of Pittsburgh, and a Master of Business Administration from Arizona State University. Patrick previously served as a Naval Flight Officer from 1996-2005, earning the Strike Fighter Air Medal during combat operations and two Navy Achievement Medals. 👉🏻 Reach him at 877-234-8957 or schedule a time to talk using this link:

https://freebusy.io/victoryindependentplanning-VIP-Booking/phone-consultation

#DNA #HistoryLessons #RiskManagement #LearnFromHistory

Follow along for more insights, strategies, and reflections.

This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit hl4tmi.substack.com

Thanks for reading History Lessons for the Modern Investor! Subscribe for free to receive new posts and support my work.

On April 11, 1970, Apollo 13 launched from Cape Kennedy on what was intended to be NASA’s third mission to land humans on the Moon.

The spacecraft carried astronauts Jim Lovell, Fred Haise, and Jack Swigert, and spirits were high as mission control prepared for another successful lunar landing. However, just two days after liftoff, the mission dramatically turned when an oxygen tank in the service module exploded. The explosion crippled the spacecraft, leaving it with limited power, water, and oxygen supplies and rendering the planned Moon landing impossible. Astronaut Jack Swigert’s calm declaration to ground control—“Houston, we’ve had a problem”—became one of the most famous phrases in space exploration history. What followed was a crisis management effort of monumental proportions. Mission control in Houston worked tirelessly to improvise life-saving solutions to problems like rising carbon dioxide levels and dwindling energy reserves, all while guiding the crippled spacecraft safely back to Earth. Against all odds, the astronauts splashed down safely in the Pacific Ocean on April 17, 1970. Though Apollo 13 failed in its initial goal to land on the Moon, the mission became a triumph of human ingenuity, resourcefulness, and teamwork, forever remembered as “a successful failure.”

Here are 3 Lessons for Modern Investors from a successful failure in space. 🛰️ Flexibility in Times of CrisisWhen the oxygen tank exploded onboard, NASA’s focus immediately shifted from completing a Moon landing to ensuring the astronauts' survival. This quick pivot highlights the importance of staying flexible when original plans fall apart. Similarly, investors must be willing to pivot when financial markets or economic conditions change drastically. Whether it’s a sudden recession, new regulations or tariffs(!), or an unexpected geopolitical event, clinging to rigid strategies can increase vulnerability. Behavioral finance reminds us of anchoring bias, where individuals fixate on prior goals or conditions rather than adjusting to the reality of the moment. Thinking ahead, embracing new options, and staying open to change can help turn a tough situation into an opportunity.🛰️ Resourcefulness is an Essential SkillThe engineers working to save Apollo 13 had to think creatively and maximize the limited resources available on the spacecraft. Their success demonstrates the importance of being resourceful under pressure, a mindset that’s equally relevant to investing. Resourceful investors look for opportunities even in a challenging environment—like reallocating funds into more stable income-generating assets during market turbulence, taking advantage of tax benefits, or adjusting retirement plans based on evolving conditions. By rethinking existing tools and leveraging available resources, investors can pivot to new realities and build strategies that endure over time.🛰️ Risk Mitigation is as Important as GrowthThroughout Apollo 13’s harrowing ordeal, the focus was on managing scarce resources—oxygen, water, and energy—to avoid setbacks that could jeopardize the astronauts’ return. For investors, this is a reminder (as if we needed one right now) that protecting portfolio stability is just as vital as pursuing returns. Risk management tools, like diversification, emergency cash reserves, and defensive asset allocation, ensure that portfolios can withstand sudden market shocks. Apollo 13’s story teaches us that long-term success isn’t about ignoring risk; it’s about anticipating challenges and being prepared for them.While the mission didn’t fulfill its initial goal, Apollo 13’s improvised success became a lasting testament to human ingenuity. Adjust your strategy to shifting conditions, maximize the tools and resources at your disposal, and apply a disciplined focus on protecting against unforeseen risks. No problem, right?

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History Lessons for the Modern Investor | Economic Trends & Market Insights Explore the past to make sense of the present! This playlist breaks down key historical events and their impact on today’s financial markets. From understanding inflation and interest rates to analyzing the 10-year Treasury yield, we connect the dots between history and modern investing. Learn how figures like Elon Musk influence the economy, what past trends say about today’s economic calendar, and even answer questions like "Where is my tax refund?" and how tax refunds affect consumer spending. Stay ahead of the curve by using history as your guide to smarter investing! 🚀📈

This episode is sponsored by Victory Independent Planning. Ready to take the stress out of your retirement? At Victory Independent Planning, we put you on the right trajectory with our exclusive VIP Retirement Glidepath™️! Schedule an assessment now: https://freebusy.io/victoryindependentplanning-VIP-Booking/phone-consultation 🎯Patrick Huey is a small business owner and the author of three books on history and finance as well as the highly-rated recently-released fictional work Hell: A Novel. As owner of Victory Independent Planning, LLC, Patrick works with families and non-profit organizations. He is a CERTIFIED FINANCIAL PLANNER™ professional, Chartered Advisor in Philanthropy® and an Accredited Tax Preparer. He earned a Bachelor’s degree in History from the University of Pittsburgh, and a Master of Business Administration from Arizona State University. Patrick previously served as a Naval Flight Officer from 1996-2005, earning the Strike Fighter Air Medal during combat operations and two Navy Achievement Medals. 👉🏻 Reach him at 877-234-8957 or schedule a time to talk using this link:

https://freebusy.io/victoryindependentplanning-VIP-Booking/phone-consultation

#nuclearpower #HistoryLessons #RiskManagement #LearnFromHistory

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On April 3, 1948, President Harry S. Truman signed the Economic Recovery Act, better known as the Marshall Plan, into law.

Following World War II, Europe’s economies were left in ruins—a devastated infrastructure, widespread poverty, and rampant inflation painted a bleak picture of the continent's future. The Marshall Plan marked the United States’ ambitious effort to rebuild war-torn Western Europe, stabilizing economies and curbing the spread of communism as Cold War tensions grew. The $13 billion assistance package (roughly $173 billion in today’s dollars) helped Western Europe recover, reigniting trade and eventually building the modern economies we recognize today. The plan rebuilt critical infrastructure—bridges, roads, factories—and provided economic and industrial aid to reconstruct Europe’s productivity systems. 🏗️ Beyond the physical revival, it also laid the foundation for modern economic cooperation. The Marshall Plan fostered long-lasting alliances by encouraging countries to pool resources and adopt policies promoting free enterprise and trade. It paved the way for institutions like NATO and the European Union. This ambitious policy saved Europe from collapse and safeguarded U.S. economic interests, as a recovering Europe became a vital trading partner and key contributor to the post-war global economy.Here are three Lessons for the Modern Investor courtesy of the Marshall Plan.

🏗️ Long-Term Vision, Even Amid CrisisThe Marshall Plan exemplified how strategic investments during turbulent times can yield long-term dividends for both investors and broader systems. While the immediate post-war period was uncertain and risky, U.S. leaders focused on a future where political and economic stability in Europe would translate to stronger global markets and reinforced alliances. Retirees or long-term investors can take a similar approach: volatile market periods can feel chaotic, but maintaining focus on well-diversified portfolios and sticking to long-term strategies often works better than reacting emotionally to short-term noise. Behavioral finance teaches us that loss aversion—the tendency to fear losses more than valuing equivalent gains—often clouds judgment during crises. Focusing on growth over the long haul, like the architects of the Marshall Plan, remains key.🏗️ Collaboration Yields Compound BenefitsA key feature of the Marshall Plan was its emphasis on collaboration rather than one-way assistance. European countries receiving aid agreed to work with each other economically, laying the groundwork for what eventually became the European Union. This reinforces the lesson that pooling resources and partnerships often creates stronger outcomes than going it alone. For investors, this applies in both macro and micro settings: on the macro level, multinational or cooperative initiatives like economic blocs can drive global growth; on the micro level, investors benefit by pooling risk through index funds and diversified accounts. Just as Europe thrived through collective action, portfolios diversified across regions, industries, and asset classes are more resilient against downturns.🏗️ Prepare for Changing ParadigmsThe success of the Marshall Plan reflected foresight into shifting global dynamics. U.S. leaders understood that Europe’s economic recovery would change from an agrarian, wartime economy to modern trade, technology, and infrastructure industries. Similarly, today’s investors must recognize when economic paradigms shift and prepare to position themselves accordingly. Think of the transitions we see today, from fossil fuels to renewables, traditional finance to fintech, manufacturing to AI and automation. Being mindful of these shifts—and strategically allocating investments to sectors poised for long-term growth—can help future-proof portfolios. Behavioral economists often refer to status quo bias, where individuals hesitate to adjust strategies despite evidence of changing environments. The Marshall Plan reminds us that progress comes from anticipating change and acting accordingly.As one of the crowning achievements of 20th-century economic policy, the Marshall Plan demonstrates the power of long-term thinking. Whether navigating volatile periods in the stock market, geopolitical uncertainty, or economic transitions, the principles of diversification, forward vision, and adaptability are as relevant now as they were in the post-war 1940s.

Thanks for reading History Lessons for the Modern Investor! This post is public so feel free to share it.

History Lessons for the Modern Investor | Economic Trends & Market Insights Explore the past to make sense of the present! This playlist breaks down key historical events and their impact on today’s financial markets. From understanding inflation and interest rates to analyzing the 10-year Treasury yield, we connect the dots between history and modern investing. Learn how figures like Elon Musk influence the economy, what past trends say about today’s economic calendar, and even answer questions like "Where is my tax refund?" and how tax refunds affect consumer spending. Stay ahead of the curve by using history as your guide to smarter investing! 🚀📈

This episode is sponsored by Victory Independent Planning. Ready to take the stress out of your retirement? At Victory Independent Planning, we put you on the right trajectory with our exclusive VIP Retirement Glidepath™️! Schedule an assessment now: https://freebusy.io/victoryindependentplanning-VIP-Booking/phone-consultation 🎯Patrick Huey is a small business owner and the author of three books on history and finance as well as the highly-rated recently-released fictional work Hell: A Novel. As owner of Victory Independent Planning, LLC, Patrick works with families and non-profit organizations. He is a CERTIFIED FINANCIAL PLANNER™ professional, Chartered Advisor in Philanthropy® and an Accredited Tax Preparer. He earned a Bachelor’s degree in History from the University of Pittsburgh, and a Master of Business Administration from Arizona State University. Patrick previously served as a Naval Flight Officer from 1996-2005, earning the Strike Fighter Air Medal during combat operations and two Navy Achievement Medals. 👉🏻 Reach him at 877-234-8957 or schedule a time to talk using this link:

https://freebusy.io/victoryindependentplanning-VIP-Booking/phone-consultation

#nuclearpower #HistoryLessons #RiskManagement #LearnFromHistory

Follow along for more insights, strategies, and reflections.

This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit hl4tmi.substack.com

Thanks for reading History Lessons for the Modern Investor! Subscribe for free to receive new posts and support my work.

On March 28, 1979, the Three Mile Island Nuclear Power Plant in Pennsylvania experienced a partial meltdown in Reactor 2, marking the most serious accident in U.S. commercial nuclear energy history.

Located near Harrisburg, Pennsylvania, the facility was considered an emblem of technological progress and a key player in the adoption of nuclear power as a sustainable energy alternative. This confidence was abruptly shaken when a combination of mechanical malfunctions and operator errors triggered a cooling system failure. Reactor 2’s core began to overheat dangerously, leading to a partial meltdown that released small amounts of radioactive gases. Although no immediate injuries or fatalities occurred, what followed was a wave of widespread panic fueled by misinformation and inadequate communication from both plant operators and regulators. Emergency measures were enacted, including a temporary evacuation of pregnant women and children living near the facility, further stoking public fear. To this day, the incident remains a catalyst for the nuclear energy industry’s reassessment of risk, oversight, and transparency. Its lasting impact stretched beyond engineering or safety reforms, fundamentally altering public perception and undermining confidence in nuclear energy as an economical and reliable solution to the nation’s energy needs.Here are 3 Lessons for Modern Investors from the Three Mile Island accident:⚡ Prepare for the UnexpectedJust like the cooling system failure at Three Mile Island highlighted cascading risks, retirees managing their savings need to account for the unexpected in their portfolios. Market downturns, geopolitical shocks, or health crises can trigger financial challenges that undermine your long-term plans. Have a plan in place that reduces the impact of “black swan” events on your total savings. Behavioral finance research emphasizes the human tendency toward “recency bias,” where we assume that current conditions will persist indefinitely. This can lead to overexposure in high-risk assets during bullish markets. Retirees can instead protect their financial futures by building a balanced, intelligently structured portfolio designed to weather economic turbulence, preserving income streams and capital even in uncertain times. Nothing is perfect, even good portfolios run out of steam occasionally, but you must avoid a total meltdown. ⚡ Clear Communication Can Make or Break Investor ConfidenceThree Mile Island showed how poor communication in a crisis exacerbated public fear and damaged long-term trust. From an investor’s perspective, this highlights the importance of clarity and reliability when working with financial advisors or planning financial strategies. Retirees, in particular, should prioritize relationships with advisors who communicate transparently—whether it’s discussing risk levels, explaining account performance, or outlining how broader economic conditions may impact retirement income. Behavioral finance research reinforces that unclear communication heightens uncertainty, encouraging emotional and reactive decision-making. Trusting clear, objective information can help retirees make more rational long-term choices and avoid panic during volatile moments. Do we need to talk? A link to schedule an appointment is included above!⚡ Stakeholder Perception Can Reshape MarketsThe aftermath of the Three Mile Island accident transformed public opinion on nuclear energy, significantly curtailing its growth for decades. Social proof and loss aversion shaped attitudes toward nuclear projects for decades. Sectors like clean energy, healthcare, or technology are influenced not just by financial fundamentals but also by changing public preferences and government policies. For retirees aiming to protect their savings while pursuing growth, keeping an eye on broad, long-term trends can help identify which industries are poised for sustainable success—and which may face broader headwinds.The Three Mile Island accident remains a cautionary tale for industries and investors alike. While innovation and growth provide opportunities, disruptions—be they technical, economic, or reputational—will constantly challenge those opportunities. The core lesson for retirees managing their financial futures is clear: stay prepared for the unexpected through risk management, seek clear and transparent guidance from trusted advisors, and remain attuned to larger societal and economic shifts that may influence financial outcomes.

Thanks for reading History Lessons for the Modern Investor! This post is public so feel free to share it.

History Lessons for the Modern Investor | Economic Trends & Market Insights Explore the past to make sense of the present! This playlist breaks down key historical events and their impact on today’s financial markets. From understanding inflation and interest rates to analyzing the 10-year Treasury yield, we connect the dots between history and modern investing. Learn how figures like Elon Musk influence the economy, what past trends say about today’s economic calendar, and even answer questions like "Where is my tax refund?" and how tax refunds affect consumer spending. Stay ahead of the curve by using history as your guide to smarter investing! 🚀📈

This episode is sponsored by Victory Independent Planning. Ready to take the stress out of your retirement? At Victory Independent Planning, we put you on the right trajectory with our exclusive VIP Retirement Glidepath™️! Schedule an assessment now: https://freebusy.io/victoryindependentplanning-VIP-Booking/phone-consultation 🎯Patrick Huey is a small business owner and the author of three books on history and finance as well as the highly-rated recently-released fictional work Hell: A Novel. As owner of Victory Independent Planning, LLC, Patrick works with families and non-profit organizations. He is a CERTIFIED FINANCIAL PLANNER™ professional, Chartered Advisor in Philanthropy® and an Accredited Tax Preparer. He earned a Bachelor’s degree in History from the University of Pittsburgh, and a Master of Business Administration from Arizona State University. Patrick previously served as a Naval Flight Officer from 1996-2005, earning the Strike Fighter Air Medal during combat operations and two Navy Achievement Medals. 👉🏻 Reach him at 877-234-8957 or schedule a time to talk using this link:

https://freebusy.io/victoryindependentplanning-VIP-Booking/phone-consultation

#nuclearpower #HistoryLessons #RiskManagement #LearnFromHistory

Follow along for more insights, strategies, and reflections.

This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit hl4tmi.substack.com