Once upon a time in a village, a man
appeared and announced to the villagers that he would buymonkeys 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 theireffort .
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!!!!!
