查看: 1165|回复: 0
|
"Philosophy of the Stock Market"
[复制链接]
|
|
catch the "monkey" at the right time!
=======================================
Philosophy of the Stock Market
Once upon a time in a village, a man appeared who announced to the
villagers that he would buy monkeys for $10 each. The villagers, seeing
that there were many monkeys in the forest, went out and started
catching them.
The man bought thousands at $10 each. As supply started to diminish
and villagers started to stop their efforts, he announced that now he
would buy them at $20 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 rate was increased to $25 each and the supply of monkeys
became so scarce that it was an effort to even see a monkey, let alone
catch it.
The man now announced that he would buy monkeys at $50 each.
However, since he had to go to the city on some business, his assistant
would now buy on behalf of the man.
In the absence of the man, the assistant told the villagers, "Look
at all the monkeys in the big cage that the man has collected. I will
sell them to you at $35 each and when my boss comes back, you can sell
them to him for $50 each."
The villagers queued up with all their savings and bought all the
monkeys.
After that, neither the assistant nor the businessman could be found
anywhere but the monkeys were everywhere!
|
|
|
|
|
|
|
| |
本周最热论坛帖子
|