The Dogmother Posted October 16, 2008 Share Posted October 16, 2008 "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 for a monkey. 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 small that it was an effort to even find 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 behalf of him. 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 all their savings and bought all the monkeys. They never saw the man nor his assistant again, only monkeys everywhere! Now you have a better understanding of how the stock market works. Quote Link to comment Share on other sites More sharing options...
kitbag Posted October 16, 2008 Share Posted October 16, 2008 lol That made me laugh!!! (I love monkeys!! ) Kitbag xxxxxxxxxxxxxxxxx Quote Link to comment Share on other sites More sharing options...
BeckyBoo Posted October 16, 2008 Share Posted October 16, 2008 That is FANTASTIC. It should be posted in business colleges and on the front page of the newspapers. Love it! Quote Link to comment Share on other sites More sharing options...
Egluntyne Posted October 16, 2008 Share Posted October 16, 2008 Very good. All is clear to me now Quote Link to comment Share on other sites More sharing options...
Plum Posted October 16, 2008 Share Posted October 16, 2008 Good one. Quote Link to comment Share on other sites More sharing options...
Guest Posted October 16, 2008 Share Posted October 16, 2008 Y'know..... I lent my brother £20 last week, and I got a call from the bank of England this morning. Turns out I'm now Britains third biggest lender...... Quote Link to comment Share on other sites More sharing options...
Chickvic Posted October 17, 2008 Share Posted October 17, 2008 Quote Link to comment Share on other sites More sharing options...
The Brown Clan Posted October 17, 2008 Share Posted October 17, 2008 now I know Quote Link to comment Share on other sites More sharing options...
