a good story

Once upon a time in a village, a man
appeared and announced to the
villagers that he would buy monkeys
for Rs10.

The villagers seeing that there were
many monkeys around, went out to
the forest and started catching them.

The man bought thousands at Rs10
and as supply started to diminish, the
villagers stopped their effort.

He further announced that he would
now buy at Rs20. 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 rate increased
to Rs25 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 Rs50!

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 Rs35 and when the
man returns from the city, you can sell
it to him for Rs50."

The villagers squeezed up with all
their savings and bought all the
monkeys. Then they never saw the
man nor his assistant, only monkeys
everywhere!! !


Welcome to the "Stock" Market!!!!!