Fwd: Fw: The Stock Market simply illustrated. ... is there a lesson here?

> Once upon a time in a village, a man appeared and announced to the
> villagers that he would buy monkeys for Rs10. The villagers seeing that
> there were many monkeys around, went out to the forest and started
> catching
> them. The man bought thousands at Rs10 and as supply started to diminish,
> the villagers stopped their effort. He further announced that he would now
> buy at Rs20. 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 increased to Rs25 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 Rs50! 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 Rs35 and when the man returns from the city, you
> can sell it to him for Rs50." The villagers squeezed up with all their
> savings to buy the monkeys. Then they never saw the man nor his assistant,
> only monkeys everywhere!! !! -
>
> Welcome to the Market!!!!!

--
Nishant V. Patel