Sim Kaur

And therefore, I kind of would have assumed that the public market would just do terribly until a war would end.

But there are some theories as to why this war effect doesn't have such a strong impact as we would have assumed.

And there's a number of reasons why.

None really have, in my opinion, a very strong, clear, direct answer.

One thing that we have seen, which might not

come to a surprise to you anymore, but may have been surprising a couple of years ago, is that when war happens, energy prices increase significantly.

There is more demand for energy, oil gets harder and more expensive to reach, and all this equipment that is used in war requires, well, a lot of energy.

And as a result, the companies in the energy sector don't struggle too much during a war cycle.

You could argue that this happens in war manufacturing companies, but that's not really a strong component of why shares do well.

Some of them do and some of them don't.

It's mainly the energy sector that upholds the market more significantly.

The second reason, and one that is probably a lot more controversial, I mean, this whole episode is controversial, is the fact that a lot of new technology ends up becoming produced at a much faster rate because of war.

So I have some really interesting examples that I think would be like a

I mean, it depends what kind of person you are at a party, I'll be honest, but I like kind of sharing a little history war fact.

I think it really brings the dinner party table together.

The first one that probably surprises you is that EpiPens were invented because of the war.

Back in 1973, during the Vietnam War, doctors on the front line had kind of realized that they needed to create some sort of device that could like stab a wounded soldier in the leg and give them the medication that they need that could be life-saving.

So for example, if a soldier ran into like some chemical gas, they needed to be able to quickly inject something themselves and be able to survive because you're just, you're not going to have like a makeshift hospital going with you at every frontline.

I don't know.

I'm not really a war specialist.