Is the Ukraine Conflict a Process or an Event?

The world has changed quite a lot. We really can't see how politics will be able to control either social tension, polarization tension or geopolitics for a long time to come. I usually tell my management friends that it took Hitler 15 years to come to power. So it's a process, not an event. And so from an investment point of view, I think it's extremely valuable to try to identify periods where you think social and geopolitical pressures will really build up.