Wednesday, November 12, 2008

Stock Market Parable

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 out to the forest, and started catching them.

The man bought thousands at $10 and as the supply started to diminish, the villagers stopped their effort.

He then announced that he would now buy at $20.


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Now you have a better understanding of how the stock market works.