Once upon a time in a village, a man appeared and announced to the villagers that he would
buy monkeys for $5 each.
The villagers seeing that there were many monkeys around, went out to the forest and started catching them.
The man bought thousands at $5 and as supply started to diminish, the villagers stopped their effort.
He further announced that he would now buy at $10.
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 $15 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 his behalf.
In the man’s absence, 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
$45 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 again saw the man nor his assistant, only monkeys everywhere!
Now you have an understanding of how the stock market works…
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About kiwicafe
1955 . . . as a teenager in New Zealand, according to friends :) I talked incessantly of photography & philosophy, in my early twenties I hung out with photographers as I began my film editing career in Australia, I bought a variety of cameras, a faux snapper I guess, more interested in film editing, travel and back deck philosophy through which my curiosity took me from Sydney to New York & Venice Beach. For 45 years have I enjoyed working with some truly great creative directors, writers, art directors, film directors, photographers, producers et al . . . hopefully I learned a thing or two! I did win a bunch of awards and went from Editor of the Year in Australia to one of the top commercial film editors in America, not bad for a skinny kid from New Zealand.
2003 . . . newly divorced, I took the pledge, became 'one of many', an American Citizen & went Searching for Zane Grey's America. For two glorious years I filmed, photographed & blogged my way around the American West.
2006 . . . returned to Aotearoa NZ, restoring a small vineyard and continuing to film, photograph and write. I exhibited & sold some images, harvested a great vintage of both red & white, sold the vineyard, edited a movie or two & now, 2013, I have discovered a whole new journey for myself, via Lou Gehrig's Disease, aka ALS/MND. I continue to practice my love for film | fotography | philosophy as best I can, I am in a good place, there are no mistakes in life!
