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How Stock Market Works!!! - Investment - Nairaland

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How Stock Market Works!!! by Natureboyfk(m): 8:04am On Sep 16, 2013
Once upon a time there was a place overrun with
monkeys.
One day, a man appeared and announced to the villagers
that he would buy monkeys for $10 each.
The villagers, seeing that there were many around, went
out to the forest and started catching them.
The man bought thousands at $10, and as supply started
to diminish, they became harder to catch, so the villagers
eventually abandoned their efforts.
The man then announced that he would now pay $20
for each one.
This renewed the efforts of the villagers and they
started catching monkeys again. But soon the supply
diminished even further, so the people again ceased their
efforts and went back to their farms.
The man then increased his price to $25 each, causing
the supply of monkeys to became so sparse that it was
an effort to even see a monkey, much less catch one.
The man then announced that he would buy monkeys for
$50. However, since he had to go to the city on some
business, his assistant would now buy on his behalf.
While the man was away, the assistant told the villagers,
“Look at all these monkeys in the big cage that the man
has bought. I will sell them to you at $35 each 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 and once again there were monkeys everywhere.
This, my friends, is how the stock market works!!!

1 Like

Re: How Stock Market Works!!! by Nobody: 10:13am On Sep 16, 2013
Hmmm! I have an idea.

Tqs for d eyeopener
Re: How Stock Market Works!!! by Nobody: 10:15am On Sep 16, 2013
How cunning

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