A Lesson About Markets: “I Will Buy Your Monkeys” - Investment - Nairaland
Nairaland Forum / Nairaland / General / Investment / A Lesson About Markets: “I Will Buy Your Monkeys” (1537 Views)
I Will Buy Arsenal By 2020 And Sack Arsene Wenger - Aliko Dangote / GHWW: A Lesson In History / I Will Buy Your Bitcoin And Itunes Card Here (2) (3) (4)
| A Lesson About Markets: “I Will Buy Your Monkeys” by nenergy(m): 12:48pm On Feb 09, 2016 |
In Zimbabwe, a man appeared and announced to the villagers that he would buy monkeys for $20.00 each. The villagers seeing that there were many monkeys around, went out to the forest and started catching them. The man bought thousands at $20.00, and as supply started to diminish, the villagers reduced their effort. He further announced that he would now buy at $30.00. 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 $40.00 each and the supply of monkeys became so little that it took so much effort to even see a monkey, let alone catch it! The man now announced that he would buy monkeys at $100.00! However, since he had to go to Jo'burg on some business, his assistant would now buy on his behalf. In the absence of the man, the assistant told the villagers, "Look at all these monkeys in this big cage that the man has collected. I will sell them to you at $80, and when the man returns from the city, you can sell them to him for $100.00 each." The villagers came together with all their savings and bought all the monkeys. Then they never saw the man or his assistant, only monkeys everywhere! You have just been given a free lecture on how the stock market works!!! Source: https://m.facebook.com/story.php?story_fbid=1110261612317992&id=100000024921401 6 Likes 2 Shares
|
| Re: A Lesson About Markets: “I Will Buy Your Monkeys” by kensandrea: 1:09pm On Feb 09, 2016 |
sorry am kinda confuse... whats the moral lesson from it.... |
| Re: A Lesson About Markets: “I Will Buy Your Monkeys” by davide470(m): 11:41pm On Feb 09, 2016 |
Haha..  The Law of Bids and Offers! Monkey-Hunting# Nice one nenergy. 2 Likes |
| Re: A Lesson About Markets: “I Will Buy Your Monkeys” by gal10(f): 8:16am On Feb 10, 2016 |
Oh lord!!! That was wicked but very deep!!! Nice one!! |
| Re: A Lesson About Markets: “I Will Buy Your Monkeys” by blank(f): 8:33am On Feb 10, 2016 |
kensandrea: No moral lesson. Just a financial one. |
| Re: A Lesson About Markets: “I Will Buy Your Monkeys” by kensandrea: 8:51am On Feb 10, 2016 |
blank: what the financial one from it |
| Re: A Lesson About Markets: “I Will Buy Your Monkeys” by nenergy(m): 10:05pm On Feb 10, 2016 |
kensandrea:Its a lesson in modern day business. Many of these MLM and online businesses only enrich the owners. We need to scrutinize business opportunities before investing. |
| Re: A Lesson About Markets: “I Will Buy Your Monkeys” by BullBearMkt(m): 1:39pm On Jun 11, 2023 |
kensandrea:...very funny! the moral: When next time you're tempted by a seemingly lucrative offer, use your intellect and ask questions before you leap into the "jungle" of investment. 🐵🍌💷  2 Likes |
| Re: A Lesson About Markets: “I Will Buy Your Monkeys” by neutralmind: 12:23am On Jun 12, 2023 |
This is the real monkey business 1 Like |
| Re: A Lesson About Markets: “I Will Buy Your Monkeys” by SavageResponse(m): 10:48am On Jun 12, 2023 |
(1) (Reply)
Mmm Is Finally Crashed Just Be Encouraged. / Which Peer To Peer Netwrk Can I Use 40k To Achieve 1.4m In 4 Months....? / Try Out This Site Pals..
(Go Up)
| Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health religion celebs tv-movies music-radio literature webmasters programming techmarket Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 29 |