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George's Takes

Nostalgia Is Not a Strategy

·11 min read
George Pu
George Pu$10M+ Portfolio

27 · Toronto · Building businesses to own for 30+ years

Nostalgia Is Not a Strategy

Most people are living in the past while the world accelerates into the future.

COVID changed everything. AI is changing everything. Geopolitical chaos is changing everything.

And still, the most common response I hear is: "I just want things to go back to normal."

There is no normal. There's only adaptation.

Here's why nostalgia is the most dangerous delusion of our time—and what to do instead.

The Nostalgia Epidemic

Every social media scroll reveals the same pattern:

The housing complaint: "My parents could afford a house in their 30s on one income. I'll never own property despite doing everything right."

The career complaint: "Previous generations had job security and pensions. Now everything is gig economy chaos."

The education complaint: "College used to guarantee middle-class life. Now it guarantees debt."

The political complaint: "Politicians used to work together. Now everything is broken."

The generational complaint: "Boomers had it easy. They destroyed everything for us."

I understand these frustrations. They're valid emotions about real economic and social changes.

But they're also nostalgia disguised as analysis.

What Nostalgia Actually Does to Your Brain

Nostalgia is your brain's safety mechanism:

The psychology:

  • Past events feel knowable (they already happened)
  • Future possibilities feel unknowable (infinite uncertainty)
  • Human brains prefer certainty over uncertainty
  • So your brain constantly pulls attention backward to "safer" times

The emotional comfort:

  • Remembering when life felt simpler and more predictable
  • Yearning for periods when rules were clearer
  • Idealizing past economic or social conditions
  • Finding identity through shared grievances about change

The strategic problem:

  • Energy focused on impossible restoration rather than realistic adaptation
  • Decisions based on obsolete conditions rather than current reality
  • Victim mentality that reduces personal agency
  • Missing opportunities that exist NOW because focused on what's gone

Nostalgia feels like wisdom but functions like blindness.

The Events That Should Have Killed Nostalgia

In just the past 5 years, we've witnessed fundamental disruptions that should have shattered any illusion of returning to "normal":

COVID-19 (2020): The Everything Change

What it proved:

  • Global economy can shut down overnight
  • "Essential" vs "non-essential" distinctions are arbitrary and changeable
  • Remote work was always possible, office culture was always optional
  • Supply chains are fragile and globalization has costs
  • Government can print unlimited money without immediate hyperinflation

What should have changed: Expectations about stability, work location, career security What actually changed for most people: Temporary accommodations while waiting for "return to normal"

The AI Wave (2022-present): Knowledge Work Gets Commoditized

What it proved:

  • Most white-collar work can be automated or augmented
  • Expertise advantages can disappear in months, not years
  • The returns to original thinking vs. execution capability completely inverted
  • Educational credentials matter less when AI can pass the bar exam

What should have changed: Career strategies, skill development focus, business models What actually changed for most people: Anxiety about AI while continuing old approaches

Big Tech Layoffs (2022-2024): The "Safe Jobs" Illusion Dies

What it proved:

  • Google, Meta, Amazon, Netflix are not immune to economic cycles
  • "Culture fit" and "performance" are subjective and changeable
  • Stock options and high salaries don't guarantee security
  • Career ladder thinking breaks down in volatile industries

What should have changed: Expectations about corporate career paths, financial planning What actually changed for most people: Shock and disbelief, then attempts to recreate old patterns

Geopolitical Fragmentation (2020-present): The Global Order Shifts

What it proved:

  • International cooperation is fragile and reversible
  • Economic interdependence doesn't prevent conflict
  • Currency stability and trade relationships can change rapidly
  • Geographic arbitrage opportunities and risks are constant

What should have changed: Location strategies, currency exposure, political risk assessment What actually changed for most people: Increased news consumption and political anxiety

The pattern: Each disruption should have updated mental models about how the world works. Instead, most people treated them as temporary interruptions to permanent patterns.**

The Mentor Problem (Even Good Advice Gets Outdated)

I have exceptional mentors. Successful people. Smart people. People who built things I want to build.

But here's what I've learned: 50-70% of their advice doesn't work anymore.

Not because they're wrong about principles. Because they're describing a world that no longer exists.

Examples of Outdated Wisdom

On hiring: "Hire for culture fit, skills can be taught"

  • When it worked: Pre-AI, when roles were stable for years
  • Why it's outdated: AI handles skills, culture fit matters but roles change monthly
  • Updated approach: Hire for learning velocity and strategic thinking

On marketing: "Content marketing takes 6-12 months to show results"

  • When it worked: Pre-attention collapse, when SEO was predictable
  • Why it's outdated: Attention spans shortened, algorithm changes constant, AI content floods market
  • Updated approach: Community building and direct relationship development

On career development: "Specialize deeply, become the expert"

  • When it worked: Pre-AI, when expertise created sustainable advantages
  • Why it's outdated: AI commoditizes expertise, specialization creates fragility
  • Updated approach: Develop portfolio of complementary capabilities

On fundraising: "Raise 18-24 months of runway"

  • When it worked: Pre-AI, when development costs and team sizes were predictable
  • Why it's outdated: AI reduces development costs but increases uncertainty about business models
  • Updated approach: Optimize for optionality and rapid iteration capability

On business development: "Network in person, relationships matter"

  • When it worked: Pre-remote work, when physical proximity created advantages
  • Why it's outdated: Remote relationship building often more efficient, global talent accessible
  • Updated approach: Strategic relationship building regardless of geography

The insight: Even excellent mentors can give outdated advice because their success was created under different conditions.**

How to Learn from Mentors Without Nostalgia

Filter framework:

Step 1: Identify the principle What underlying insight drove their specific approach?

Step 2: Assess current context
Do the conditions that made their approach work still exist?

Step 3: Adapt or discard How would you apply their principle under current conditions?

Example application:

Mentor advice: "Always meet investors in person, it shows commitment" Principle: Demonstrate genuine interest and build personal connection Context check: Remote meetings normalized, travel costly, time efficiency valued Adaptation: Invest extra effort in remote relationship building, use saved time for more investor meetings

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The Five Stages of Letting Go

Accepting that the old world is gone requires genuine grief work:

Stage 1: Denial

What it looks like: "This is temporary, things will stabilize soon"

Common manifestations:

  • "AI is just hype, it'll settle down like all technology cycles"
  • "Remote work is a fad, companies will require office presence again"
  • "Political polarization will decrease after next election"
  • "Housing prices will crash back to reasonable levels"

Why people get stuck: Denial feels safer than facing uncertainty

Stage 2: Anger

What it looks like: "This isn't fair, I followed the rules"

Common manifestations:

  • "I did everything right and still can't get ahead"
  • "The system is rigged against people like me"
  • "Previous generations destroyed our opportunities"
  • "Technology companies are evil and should be regulated"

Why people get stuck: Anger provides sense of agency through blame

Stage 3: Bargaining

What it looks like: "Maybe if I just learn the right skill..."

Common manifestations:

  • "I'll learn to code and AI can't touch me"
  • "If I get an MBA, I'll be management-track safe"
  • "Maybe if I move to a cheaper city, I can recreate my parents' lifestyle"
  • "One more certification will make me indispensable"

Why people get stuck: Bargaining feels like taking action while avoiding fundamental change

Stage 4: Depression

What it looks like: "What's the point, everything is changing too fast"

Common manifestations:

  • "I can't keep up with all the changes"
  • "Nothing I do matters because everything will be different soon"
  • "Previous generations had clear paths, we have chaos"
  • "Hard work doesn't guarantee anything anymore"

Why people get stuck: Depression feels more realistic than false hope

Stage 5: Acceptance

What it looks like: "The world changed. I'm changing with it."

What acceptance enables:

  • Energy focused on current opportunities rather than past grievances
  • Decisions based on present conditions rather than previous patterns
  • Learning approach rather than expertise protection
  • Strategic risk-taking rather than security-seeking

Why most people don't reach acceptance: It requires abandoning comfortable illusions about predictability and control.

The Cost of Nostalgia

Personal Costs

Opportunity cost:

  • Time spent lamenting changes = time not spent adapting to changes
  • Mental energy focused on unchangeable past = less energy for actionable present
  • Identity tied to obsolete conditions = resistance to necessary growth

Strategic cost:

  • Decisions based on old patterns = poor outcomes in new environment
  • Career development for yesterday's economy = irrelevance in today's economy
  • Financial planning for stable world = vulnerability in volatile world

Relationship cost:

  • Bonding through shared grievances = negative-sum social connections
  • Competing with past instead of collaborating on future = isolation
  • Expecting others to accommodate nostalgic worldview = friction and disappointment

Societal Costs

Political dysfunction:

  • Voting for impossible restoration rather than realistic progress
  • Policy debates about recreating past instead of optimizing for future
  • Resource allocation based on obsolete priorities rather than emerging challenges

Economic inefficiency:

  • Human capital misallocated to declining industries and approaches
  • Investment in preservation rather than innovation and adaptation
  • Regulatory capture protecting old models instead of enabling new ones

Cultural stagnation:

  • Art and media focused on past glory rather than present possibility
  • Educational systems preparing students for world that no longer exists
  • Social norms resistant to necessary evolution

The Anti-Nostalgia Playbook

Step 1: Radical Present Focus

Daily practice: The 2025 Reality Check

Every major decision, ask:

  • What conditions exist NOW that affect this choice?
  • What has changed in the past 12 months that makes previous approaches less effective?
  • What new opportunities exist that didn't exist when I learned my current approach?
  • Am I optimizing for today's world or yesterday's world?

Example application:

Career decision: Should I get an MBA?

  • Nostalgic approach: MBA guarantees management track and salary increase
  • Present reality approach: What skills do managers need now? How has AI changed management work? Are there faster/cheaper ways to develop those skills? What do successful managers today actually do vs. what MBA programs teach?

Step 2: Information Diet Overhaul

Stop consuming backward-looking analysis:

  • "How things used to be" articles and social media content
  • Political content focused on blame and grievance rather than solutions
  • Economic analysis based on historical patterns without technological context
  • Career advice written before AI became capable

Start consuming forward-looking analysis:

  • Case studies of people succeeding under current conditions
  • Technology adoption patterns and business model innovations
  • Economic analysis that incorporates recent technological and social changes
  • Career development focused on skills that complement rather than compete with AI

Step 3: Mentor Filter Upgrade

When receiving advice, always ask:

  • When did this person develop this approach?
  • What conditions made their approach successful?
  • Do those conditions still exist?
  • How would they adapt this approach under current conditions?

Red flag phrases:

  • "This is how it's always been done"
  • "When I was building my career..."
  • "Back in my day..."
  • "The fundamentals never change"

Green flag phrases:

  • "Here's what I'm seeing work now"
  • "This principle still applies, but the implementation has changed"
  • "I would approach this differently today"
  • "Let me connect you with someone who's doing this successfully right now"

Step 4: Future-Back Planning

Instead of extrapolating from past patterns, work backward from likely futures:

Traditional approach:

  1. Look at historical trends
  2. Project them forward
  3. Plan based on projected continuity

Anti-nostalgia approach:

  1. Identify forces creating discontinuity (AI, climate, demographics, geopolitics)
  2. Envision multiple possible futures based on these forces
  3. Develop capabilities that create value across multiple scenarios

Example: Career planning

Nostalgic approach:

  • Choose career based on historical stability and income
  • Develop expertise through traditional educational path
  • Expect career progression through established hierarchies

Future-back approach:

  • Identify work that humans will do better than AI in 10 years
  • Develop skills through real projects and direct learning
  • Build portfolio career that adapts to changing economic structures

What Actually Works Now

The strategies I see working for people who've moved beyond nostalgia:

Building for Volatility, Not Stability

Instead of seeking secure jobs: Build multiple revenue streams and capabilities Instead of planning 20-year careers: Develop 2-year capability development cycles Instead of depending on institutions: Create personal systems and networks Instead of optimizing for predictability: Optimize for adaptability and learning speed

Real example: Nostalgic approach: Stay at same company for 10+ years, climb corporate ladder Anti-nostalgia approach: Build consulting business, develop multiple client relationships, learn new skills every quarter, maintain optionality for industry changes

Leveraging Change Rather Than Resisting It

Instead of competing with AI: Partner with AI to amplify human capabilities Instead of maintaining old business models: Experiment with new approaches continuously Instead of preserving traditional career paths: Create unique value combinations Instead of fighting technological change: Find opportunities within technological change

Real example: Nostalgic approach: Traditional marketing agency doing same services as always Anti-nostalgia approach: AI-augmented marketing consultancy helping businesses navigate attention economy changes

Geographic and Cultural Arbitrage

Instead of staying in expensive, competitive traditional hubs: Find emerging opportunities in overlooked locations Instead of competing within established cultural norms: Create value across cultural boundaries Instead of accepting domestic policy constraints: Build internationally distributed life and business Instead of aging cultural references and approaches: Stay current with emerging cultural patterns

Relationship Building for Uncertain Future

Instead of networking for current industry: Build relationships across industries and geographies Instead of connecting through shared grievances: Connect through shared future vision Instead of maintaining relationships from past contexts: Develop relationships with people adapting successfully to current context Instead of seeking mentors based on past success: Seek advisors based on current relevant experience

The Psychology of Forward Movement

Why It's Hard

Evolutionary programming:

  • Human brains evolved for stable environments over thousands of years
  • Rapid change triggers stress responses designed for physical threats
  • Pattern recognition optimized for repetition, not innovation
  • Social bonding often based on shared past experiences

Cultural conditioning:

  • Education system based on learning established knowledge
  • Professional development focused on expertise accumulation
  • Social status often tied to mastery of traditional markers
  • Family and peer expectations based on previous generation's experience

Economic incentives:

  • Many institutions benefit from nostalgia (education, media, politics)
  • Short-term comfort of familiar approaches vs. long-term benefit of adaptation
  • Sunk cost fallacy around previous education and career investments
  • Risk aversion when change requires upfront costs for uncertain benefits

Why It's Worth It

Personal benefits:

  • Reduced anxiety from trying to control uncontrollable past
  • Increased energy available for current opportunities
  • Better decision-making based on accurate information about present conditions
  • More authentic relationships based on shared forward vision

Professional benefits:

  • Competitive advantage through superior adaptation to current conditions
  • Career resilience through continuous learning and capability development
  • Business opportunities visible to forward-looking people but invisible to nostalgic people
  • Network effects with other people successfully navigating change

Strategic benefits:

  • Optionality preservation through avoiding obsolete path dependence
  • Risk management through distributed capability portfolio
  • Innovation through combining current tools with emerging opportunities
  • Long-term wealth creation through early adoption of successful new patterns

Common Objections and Responses

"But some things never change"

Partial truth: Human psychology, basic needs, and certain principles remain constant Missing context: Implementation methods, social structures, and economic systems change constantly Response: Distinguish between eternal principles (human needs for connection, purpose, security) and temporal methods (how those needs get met in specific economic and technological contexts)

"I can't keep up with all the changes"

Valid concern: Change pace has accelerated beyond historical norms Strategic response: Focus on learning frameworks rather than specific knowledge, develop meta-skills for adaptation rather than trying to master everything Practical approach: Choose 2-3 change areas most relevant to your life, ignore the rest

"My parents/mentors succeeded with traditional approaches"

Historical accuracy: Previous approaches worked under previous conditions Current relevance: Many traditional approaches now create negative ROI due to changed conditions Balanced approach: Extract principles from traditional approaches, adapt implementation to current conditions

"This sounds like just accepting that everything is worse now"

Reframe: Not acceptance that things are worse, but recognition that they are different Opportunity focus: Every change creates both threats and opportunities, nostalgia blinds you to opportunities Agency emphasis: You have more control over your response to current conditions than over returning to past conditions

Conclusion: Forward Is the Only Direction

Nostalgia feels like wisdom but functions like a drug.

It provides temporary emotional comfort at the cost of strategic clarity.

The world that your parents succeeded in doesn't exist. The economy your mentors navigated is gone. The career paths that worked for previous generations are obsolete.

This isn't tragic. It's reality.

And reality is where opportunities exist.

The people who are succeeding now—really succeeding, not just surviving—have one thing in common: They've let go of how things used to work and focused on how things actually work.

They're building for the world that exists, not the world that existed.

They're solving today's problems with today's tools for today's customers.

They're not trying to recreate their parents' middle class lifestyle. They're creating their own version of success under current conditions.

The future belongs to people who can see clearly, think differently, and move quickly.

Nostalgia disables all three.

Let go of the past. It's not coming back.

The future is already here. It's just waiting for you to join it.

Stop mourning what's gone. Start building what's next.

Adaptation is not surrender. It's strategy.

And it's the only strategy that works.