October 23, 2008
-
The Monkey Tale
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 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.
Comments (27)
so true and good post!
I have never quite understood that whole pork bellies thing. I mean really. It seems silly and why would I want to put my money into them. I thought in ky, you ran to the hollers. snicker
oki
@buddly47 - Excuse me, but I am the ultimate in multi tasking, when I comment on blogs and drink beer at the same time!! Not driving though.....stopped for the night. Deliver in Waterloo IA in the a.m.
@flatpick46 - Dontcha have two hands? Slacker! Or are you driving,LOL?
Oh yeah........now that was a good one! He said with beer in hand.
@MrsHammett - I do, but only when I'm talking to you! jkjk LOL!
@adventofreason - The future of pork bellies is grim, indeed! I, for one, have called in all of my liquid assets, folded them up and stuck them in my shirt pocket! Anarchy is coming, run for the hills!
@angi1972 - OY? That's all I get from the girl with her own wisdom? Figured the meaning of life out yet?hahaha
actually, no, because I just figured you were throwing out all those big words because you were so market savvy. I do wonder though, what the future in pork bellies is really all about. I get little of this. I still vote for burying it all in a coffee can in the back yard.
oki
@adventofreason - I only buy monkeys on the margin, and then only if I can buy long and sell short and I don't know what the heck I'm talking about either or did you figure that out already? LOL
bud
Good thing I don't have any stocks!
dan
OY!
@buddly47 - definitely a dweeb. who says dweeb anymore? haha jkjk
So, what you are saying is, don't buy any monkeys, right? This stuff gets so confusing and I, alas, am a simpleton.
oki
@menskeet - Beats me! I never knew enough to forget!haha
@ETCACTOR - Never any morals on this page Michael! LOL
wee wee mansuur ... i'l na pa de quois ... oops ... i've forgotten what that meanz ...
That was good! I was expecting some moral at the end. I need two beers!
Michael
@menskeet - OOOH! You speak French? lol
@MrsHammett - Dweeb with a pocket protector? And gay?
@buddly47 - where do we rendez-vous?
@buddly47 - haha, my deepest apologies. btw, i just had the most awkward hello of my life! i went over to the guy across the hall to say hey, (since we've moved suites, i've never even said hello) and I had the worst time He said, oh, hi, my name is warren, and could you not turn the radio on so loud?
@MrsHammett - Oh! You wound me deeply, MrsHammett!
@Bricker59 - @menskeet - I'm buying!
clever clever. but still jerky.
i think even i need a beer ...
Oh man, that one hurt.
I need a beer.
Comments are closed.