The Stock Market simply illustrated ... Is there a lesson here?
Menu
The Stock Market simply illustrated ... Is there a lesson he
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!!!!
Replies (2)
gr8
gr8 work. it's a very good example of Stocks
Recent Topic
- Gift recd from brother
- How to show Loan write off in DPT 3?
- Form 10E and Salary arrear
- LTCG U/S 54F. Sale of property plus sale of share
- Issue with ITR2 online utility for HUF
- TDS deducted by EPFO under wrong section
- Schedule SI in ITR-2
- What is the easy way to do CA- through foundation
- Schedule FA query for this AY 2026-27
- Business income source for husband and wife
Related Topics
CAclubindia
