Title: Monkeys Post by: david3103 on December 12, 2008, 02:22:04 PM Once upon a time in a village, a man appeared and announced to the
villagers that he would buy monkeys for $10 each. The villagers, seeing that there were many monkeys around, went into the forest and started catching them. The man bought thousands at $10 and, as supply started to diminish, the villagers stopped their effort. He further announced that he would now buy monkeys at $20 for each. 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 increased to $25 each, and the supply of monkeys became so small that it was an effort to even find a monkey, let alone catch it! The man now announced that he would buy monkeys at $50! 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 $35, and when the man returns from the city, you can sell them to him for $50 each." The villagers rounded up all their savings and bought all the monkeys. They never saw the man nor his assistant again, only monkeys everywhere! Now you have a better understanding of how Wall Street works. Title: Re: Monkeys Post by: bolt pp on December 12, 2008, 02:24:24 PM tl dr
Title: Re: Monkeys Post by: monkeyboy888 on December 12, 2008, 11:00:44 PM They never saw the man nor his assistant again, only monkeys everywhere! Seems like a happy ending to me....... P Title: Re: Monkeys Post by: ScottMGee on December 12, 2008, 11:17:47 PM Quote Now you have a better understanding of how Wall Street works. Hmmm villagers buy stolen property, the man's monkeys (they are not the assistants to sell) in order to make a quick profit and get scammed - sounds fair to me. Like the real hustle when those guys bought the black box that could supposedly recharge an oyster card - their reason for buying the box - so we could recharge at home? |