đ Let's Learn about Benner Cycle đ
Samuel Benner was a farmer from the 1800s who wanted to understand how market cycles worked. In 1875, he published a book forecasting business and commodity prices. He identified years of panic, years of good times, and years of hard times. âAâ Panic Years: These are years when the market panicked, either buying or selling a stock irrationally until its price skyrocketed or plummeted beyond anyoneâs wildest expectations. âBâ Good Times: Years Benner identified as times of high prices and the best time to sell stocks, values, and assets of all kinds. âCâ Hard Times: In these years, Benner recommends buying stocks, goods, and assets and holding them until the âboomâ years of good times, then unload.
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