Sim Kaur

20% is a lot of money.

But what was surprising to me and what you might think

find somewhat of a comfort is that the average drawdown over these 13 really large political crises or geopolitical crises, they were down by 4.6% on average and lasted only six weeks.

Let me say that in more simpler terms.

When it comes to these

horrible, catastrophic events, the impact that they have on the market is not as significant, where on average, you lose about 4.6% of your portfolio temporarily, may I add, and it tends to last six weeks before the market starts to come back up on the rise.

Again, past performance doesn't mean that this will happen in the next six weeks.

Please do not put in your calendar from six weeks from now, the market will recover, Sim said so.

But just historically,

They're not things that last years or many years every single time.

Sometimes they last longer, sometimes they last shorter.

On average, six weeks and down 4.6%.

Not as scary as maybe you might have thought.

This then leads us on to chapter three,

where you're probably wondering, well, Sim, why do share prices not drop when there is war?

I mean, it kind of, in theory, would make sense.

When I think of war, I think of destruction.

I think of people not working.

I think, what would you do if you were in World War I?

I don't know about you, but I wouldn't be logging into LinkedIn and updating as if life is normal and we just go about our day.