Stock Market (Humour)

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CA Final
340 Points Joined May 2008

 

The Stock Market simply illustrated ... Is there a lesson here?

 


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 to buy the monkeys.

 


Then they never saw the man nor his assistant, only monkeys everywhere!!!!

 

***********

 

 

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On 08 September 2008 at 15:22 Report
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ACMA (in Service)
5073 Points Joined September 2007

funny

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On 08 September 2008 at 16:59
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Chartered Accountant
4143 Points Joined November 2007

really funny !!!!!!

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On 08 September 2008 at 17:12
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Chartered Accountant
1581 Points Joined July 2007

very nice

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On 08 September 2008 at 18:19
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Chartered Accountant - Manager Finance
2375 Points Joined September 2007

Yes, true thats stock market!!!

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On 08 September 2008 at 18:22
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Guest
425205 Points Joined August 2012

Very Inteligent joke.....

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On 13 October 2008 at 15:36


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