Once upon a time in a village, a man appeared and announced to the villagers that he would buy
monkeys for $10 each.
The villagers seeing that there were many monkeys around, went out to the forest, and started
catching them.
The man bought thousands at $10 and as supply started to diminish, the villagers stopped their
effort. He further announced that he would now buy at $20.
This renewed the efforts of the villagers and they started catching
monkeys again.
Soon the supply diminished even further and people started going back
to their farms.
The offer increased to $25 each and the supply of monkeys became so
little that it was an effort to even see a monkey, let alone! catch it!
The man now announced that he would buy monkeys at $50!
However, since he had to go to the city on some business, his assistant
would now buy on his behalf.
In the absence of the man, the assistant told the villagers. 'Look at
all these monkeys in the big cage that the man has collected. I will
sell them to you at $35 and when the man returns from the city, you can
sell them to him for $50 each.'
The villagers rounded up with all their savings and bought all the
monkeys.
Then they never saw the man nor his assistant ever again, only monkeys
everywhere!
Now you have a better understanding of how the stock market works.
- Forums
- Humour
- the stock market
Once upon a time in a village, a man appeared and announced to...
Featured News
Featured News
The Watchlist
1CG
ONE CLICK GROUP LIMITED
Mark Waller, MD
Mark Waller
MD
Previous Video
Next Video
SPONSORED BY The Market Online