There were lot of monkeys in a village.
One day a merchant came to that village to buy these
monkeys.
He announced that he will buy a monkey @ hundred rupees each.
The villagers thought that this man is mad. They
thought , how can somebody buy stray
monkeys. Does anybody give 100 rupees for these useless monkeys?
Still, some people caught some monkeys and gave it to this
merchant and he gave 100 rupees for each monkey.
This news spread like anything and people caught monkeys and
sold it to the monkey merchant.
After some days he announced that he will buy monkeys @ 200
each.
The lazy villagers ran around to catch the remaining monkeys
They sold the remaining monkeys @200 each.
Then the merchant announced that he buys monkeys @500 each.
The villagers lost sleep. They
Caught six or seven monkeys ,which were left and got 500
each...
The villagers were waiting anxiously for the next
announcement.
Then the merchant announced that he is going home for one
week
And when he returns. he will buy monkeys @ 1000 each...
He asked his employee to take care of the monkeys.
He was alone taking care of all the monkeys in a cage.
The merchant went home ...
The villagers were very sad that .There were no monkeys left
for them to sell it at 1000 rupees.
Then his employee told them that he will give some monkeys @700
each secretly.
This news also flashed like fire ,since the merchant buy
monkey @ 1000 each.300 profit for one monkey...
LADDU broke on villagers head...
The next day villagers made a queue near the monkey cage
The employee sold all the monkeys at 700 each
The rich bought monkeys in lot. The poor also borrowed money
from financiers and bought monkeys.
He sold all the monkeys @ 700 rupees .
The villagers took care of their monkeys & waited for
the merchant to return.
But nobody came...
Then they ran to the employee. ...
But he has already left.
Then the villagers realized
That they have bought the useless & stray monkeys @ 700
each
This is the business, now we Call STOCK MARKET
This business has made lot of peoples bankrupt & very
little people millionaires in this monkey business.
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