My brother works in financial market and one day he provided me insight that I want to share with my friends:
One day a stranger comes to a village to buy chickens. He asks the villagers to sell him all their chickens for a price of Rs. 100 a chicken. The price is too good. The villagers sell all their chickens to him.
The same person comes next day and says that the demand for chickens is rising and he is ready to pay Rs. 125 per chicken. Some lucky ones who hadn't sold their chickens to him already find it a good opportunity to make cool profit and he gets few more chickens.
He comes next day again, this time he has raised price to Rs. 150 per chicken. Only one person who hadn't sold his chicken also gets greedy and sells it at Rs. 150.
The stranger arrives next day again and says he will pay Rs. 300 per chicken and needs lots of them still, the market for chickens is suddenly so hot. The villagers are sad, angry, some start crying over the fact that they lost so much profits. The stranger promises to come after three days to check again.
Next day a big truck carrying chicken passes through their village. The villagers stop him. He says that he has to deliver all these chickens to wholesale market@ Rs. 240 per chicken. The villagers get calculating. They decide to buy all his chickens @ Rs. 250 per chicken. They would sell it at Rs. 300 per chicken and still make cool profits. Some sell their gold, house, everything they own to the Zamindar and buy all the chickens @ Rs. 250 per chicken.
It was more than three months back and I last heard that the villagers are still waiting for the stranger to return after three days and buy their chickens @ Rs. 300 per chicken.
No comments:
Post a Comment