How the stockmarket works
Discussion
MONKEY BUSINESS - HOW THE STOCK MARKET WORKS
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 supply started to diminish, the villagers stopped their effort. He further announced that he would now buy at $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 increased to $25 each 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 $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 $35 and when the man returns from the city, you can sell them to him for $50 each.'
The villagers rounded up with all their savings and bought all the monkeys. Then they never saw the man nor his assistant, only monkeys everywhere!
Now you have a better understanding of how the stock market works.
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 supply started to diminish, the villagers stopped their effort. He further announced that he would now buy at $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 increased to $25 each 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 $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 $35 and when the man returns from the city, you can sell them to him for $50 each.'
The villagers rounded up with all their savings and bought all the monkeys. Then they never saw the man nor his assistant, only monkeys everywhere!
Now you have a better understanding of how the stock market works.
And another (old but good) because business can be too dull on its own:
A man in a hot air balloon realised he was lost. He reduced his altitude and saw a man below. “Excuse me, but can you help me?I promised a friend I would meet him an hour ago but I don’t know where I am,” he said.
The man below replied: “You are in a hot air balloon hovering approximately 30 ft above the ground. You are between 40 and 41 degrees North latitude and between 56 and 57 degrees West longitude.”
To which the balloonist replied “You must be a broker.”
To which the man on the ground said: “I am, but how did you know?”
The reply came from above: “Everything you told me is technically correct but I have no idea what to make of your information, and the fact is I’m still lost. Frankly, you’ve not been much help so far.”
The man below responded: “You must be a trader.”
To which the balloonist replied: “Yes, I am, but how did you know?”
To which the man on the ground said: “You don’t know where you are or where you are going. You have risen to your current position due to a large quantity of hot air. You made a promise which you have no idea how to keep and you expect me to solve your problem. The fact is, you are in exactly the same position you were in before we met, but now, somehow, it’s my fault.”
A man in a hot air balloon realised he was lost. He reduced his altitude and saw a man below. “Excuse me, but can you help me?I promised a friend I would meet him an hour ago but I don’t know where I am,” he said.
The man below replied: “You are in a hot air balloon hovering approximately 30 ft above the ground. You are between 40 and 41 degrees North latitude and between 56 and 57 degrees West longitude.”
To which the balloonist replied “You must be a broker.”
To which the man on the ground said: “I am, but how did you know?”
The reply came from above: “Everything you told me is technically correct but I have no idea what to make of your information, and the fact is I’m still lost. Frankly, you’ve not been much help so far.”
The man below responded: “You must be a trader.”
To which the balloonist replied: “Yes, I am, but how did you know?”
To which the man on the ground said: “You don’t know where you are or where you are going. You have risen to your current position due to a large quantity of hot air. You made a promise which you have no idea how to keep and you expect me to solve your problem. The fact is, you are in exactly the same position you were in before we met, but now, somehow, it’s my fault.”
ked.
Simpo Two said:
And another (old but good) because business can be too dull on its own:
A man in a hot air balloon realised he was lost. He reduced his altitude and saw a man below. “Excuse me, but can you help me?I promised a friend I would meet him an hour ago but I don’t know where I am,” he said.
The man below replied: “You are in a hot air balloon hovering approximately 30 ft above the ground. You are between 40 and 41 degrees North latitude and between 56 and 57 degrees West longitude.”
To which the balloonist replied “You must be a broker.”
To which the man on the ground said: “I am, but how did you know?”
The reply came from above: “Everything you told me is technically correct but I have no idea what to make of your information, and the fact is I’m still lost. Frankly, you’ve not been much help so far.”
The man below responded: “You must be a trader.”
To which the balloonist replied: “Yes, I am, but how did you know?”
To which the man on the ground said: “You don’t know where you are or where you are going. You have risen to your current position due to a large quantity of hot air. You made a promise which you have no idea how to keep and you expect me to solve your problem. The fact is, you are in exactly the same position you were in before we met, but now, somehow, it’s my fault.”
That's good too A man in a hot air balloon realised he was lost. He reduced his altitude and saw a man below. “Excuse me, but can you help me?I promised a friend I would meet him an hour ago but I don’t know where I am,” he said.
The man below replied: “You are in a hot air balloon hovering approximately 30 ft above the ground. You are between 40 and 41 degrees North latitude and between 56 and 57 degrees West longitude.”
To which the balloonist replied “You must be a broker.”
To which the man on the ground said: “I am, but how did you know?”
The reply came from above: “Everything you told me is technically correct but I have no idea what to make of your information, and the fact is I’m still lost. Frankly, you’ve not been much help so far.”
The man below responded: “You must be a trader.”
To which the balloonist replied: “Yes, I am, but how did you know?”
To which the man on the ground said: “You don’t know where you are or where you are going. You have risen to your current position due to a large quantity of hot air. You made a promise which you have no idea how to keep and you expect me to solve your problem. The fact is, you are in exactly the same position you were in before we met, but now, somehow, it’s my fault.”
Simpo Two said:
And another (old but good) because business can be too dull on its own:
A man in a hot air balloon realised he was lost. He reduced his altitude and saw a man below. “Excuse me, but can you help me?I promised a friend I would meet him an hour ago but I don’t know where I am,” he said.
The man below replied: “You are in a hot air balloon hovering approximately 30 ft above the ground. You are between 40 and 41 degrees North latitude and between 56 and 57 degrees West longitude.”
To which the balloonist replied “You must be a broker.”
To which the man on the ground said: “I am, but how did you know?”
The reply came from above: “Everything you told me is technically correct but I have no idea what to make of your information, and the fact is I’m still lost. Frankly, you’ve not been much help so far.”
The man below responded: “You must be a trader.”
To which the balloonist replied: “Yes, I am, but how did you know?”
To which the man on the ground said: “You don’t know where you are or where you are going. You have risen to your current position due to a large quantity of hot air. You made a promise which you have no idea how to keep and you expect me to solve your problem. The fact is, you are in exactly the same position you were in before we met, but now, somehow, it’s my fault.”
Nice one !A man in a hot air balloon realised he was lost. He reduced his altitude and saw a man below. “Excuse me, but can you help me?I promised a friend I would meet him an hour ago but I don’t know where I am,” he said.
The man below replied: “You are in a hot air balloon hovering approximately 30 ft above the ground. You are between 40 and 41 degrees North latitude and between 56 and 57 degrees West longitude.”
To which the balloonist replied “You must be a broker.”
To which the man on the ground said: “I am, but how did you know?”
The reply came from above: “Everything you told me is technically correct but I have no idea what to make of your information, and the fact is I’m still lost. Frankly, you’ve not been much help so far.”
The man below responded: “You must be a trader.”
To which the balloonist replied: “Yes, I am, but how did you know?”
To which the man on the ground said: “You don’t know where you are or where you are going. You have risen to your current position due to a large quantity of hot air. You made a promise which you have no idea how to keep and you expect me to solve your problem. The fact is, you are in exactly the same position you were in before we met, but now, somehow, it’s my fault.”
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