Early this week I was speaking with a thirty-something female Korean acquaintance, and she let out a great big sigh when the conversation turned toward the topic of finance.
"All my shares. They are now worth less than half what I paid," she buried her face in her hands in a mock-gesture at resignation.
I tried to comfort her. "One needs to be a little patient when investing. Give it a few years and the market will recover," I said.