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"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 for a monkey. >> >> 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 small that it was an effort to even find >> 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 all >> their savings and bought all the monkeys. >> >> They never saw the man nor his assistant again ! >> Now you have a better understanding of how the stock market works." >> >> "I would remind you that extremism in the defense of liberty is no vice. I would remind you also that moderation in the pursuit of justice is no virtue." Barry M Goldwater. | ||
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one of us |
That certainly rings true in so many circles... Bobby Μολὼν λαβέ The most important thing in life is not what we do but how and why we do it. - Nana Mouskouri | |||
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One of Us |
Too true. Never mistake motion for action. | |||
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