Wednesday, October 10, 2007

Stock monkeys

The Stock Market simply illustrated .... Here is a lesson for those gritty minds...

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!!!!! :-)

1 comment:

Amudhan said...

Shan,
There are many people I love, I hate, I envy, I despise... but there are very few I admire. You are one among of them. I am damn serious. Your sense of humor and your liveliness is what I admire (in addition to your smartness and personality, which is out-of-context of blogs).

Blogger.com is now rich with your presence. Your *About me* column itself made me laugh my head out. Excellent Shan. I happily and humbly welcome you to the blogging world (naan oru periya paruppu illa... irundhalum, oru varusama pala pera mokkaiya pootu alavaitha perumai enaku iruku).

I want more and more from you Shan... do not be like me. Posting for a month and then leaving a 5 months gap like that. Please keep posting regularly.

Your (fast rotating) fan,
Amudhan.