Once upon a time in a village, a man appeared and announced to the
villagers that he would buy monkeys for Rs 10.
The villagers started catching the monkeys. The man bought thousands
of monkeys at Rs 10 and as supply started to diminish, the villagers
stopped their effort.
He further announced that he would now buy at Rs 20.
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 Rs 25
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 Rs 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 Rs 35 and when the man returns from the city, you
can sell it to him for Rs 50."
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 !!!!
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