B"H, 26 Tevet, 5713.
Brooklyn.
Shalom u'Vrachah!
...Regarding your question about the meaning of the word 'hanolad'—whether it refers to the future or to the past—and your reference to Yevamot 11a, and that our master, the Alter Rebbe, explains "Who is wise? One who sees the hanolad," as referring to the past: In Chassidus, both interpretations are brought regarding this teaching of our Sages (see Tanya chapter 43; Likkutei Torah Shemini Atzeret 91b)...
With blessing.
Summary
The Rebbe clarifies that in Chassidus, "hanolad" can refer to both future and past events. Wisdom involves seeing outcomes as they unfold from both perspectives.