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Post by fixitguy on Dec 9, 2023 12:58:01 GMT
This is the first I have ever heard of this chart. it's very interesting.
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Post by Ozarks Tom on Dec 9, 2023 18:37:55 GMT
It's interesting alright, but I have to wonder just how accurate any forecast can be given the variables of international conflicts and other occurrences that have no such "cycles".
Another thing to remember is many of the investment tools, derivatives for instance, weren't in existence in Benner's time. That investment tool in itself is scary unstable, especially given the condition of China's economy. Another big default there could crush the derivatives market overnight, and it would happen literally overnight.
By the way, his mention of being in Iran and feeling safe makes me ponder his smarts. We just gave over a billion dollars per hostage to Iran for people who were no more a threat to Iran than he was. Rotting in a Tehran prison being a very real possibility isn't something I'd bet against.
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Post by fixitguy on Dec 9, 2023 19:36:22 GMT
By the way, his mention of being in Iran and feeling safe makes me ponder his smarts. We just gave over a billion dollars per hostage to Iran for people who were no more a threat to Iran than he was. Rotting in a Tehran prison being a very real possibility isn't something I'd bet against. My brother's stepdaughter and husband just spent 2 weeks in Dubai on vacation. It's a destination that's not on my *NEED* to visit locations, but too each his own. |
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Post by Jolly on Dec 9, 2023 23:23:10 GMT
 One of my favorite investing books. The father of The Efficient Market theory. Another...  Buy low, sell high, and always, always invest for growth. Both books promote dollar cost averaging. |
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