Human Resources
+1 Other

Cite.Co is a repository of information and resources created by industry seniors and experts sharing their real world insights. Join Network
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


Welcome to the "Stock" Market!!!!!

Good work Praveen... how true... Its all monkey business after all... ha ha ha.. lol.. :-P
This discussion thread is closed. If you want to continue this discussion or have a follow up question, please post it on the network.
Add the url of this thread if you want to cite this discussion.

About Us Advertise Contact Us
Privacy Policy Disclaimer Terms Of Service

All rights reserved @ 2020 Cite.Co™