Wednesday, October 29, 2008
Work and Play
~unknown
Wednesday, October 15, 2008
Lesson from Wall Street Why There is a Fianancial Crisis
If you have difficulty understanding the current world financial mess, the following should help...
Once upon a time in a village in India, a man announced to the villagers that he would buy monkeys for $10.
The villagers, seeing there were many monkeys around, went out to the forest and started catching them. The man bought thousands at $10, but, as the supply started to diminish, the villagers stopped their efforts.
So the man announced that he would now buy at $20. 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 $25, and the supply of monkeys dropped so much that it was an effort to even see a monkey, let alone catch one!
The man now announced he would buy monkeys at $50! However, since he had to go to the city on some business, his assistant would now act as buyer, on his behalf.
In the man's absence, his 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 he returns from the city, you can sell them back to him for $50.'
The villagers squeezed together their savings and bought all the monkeys.
Then they never saw the man or his assistant again, only monkeys everywhere!
Welcome to WALL STREET, The City of London and all the Venerable Institutions permitted to monkey around with our money !!
Friday, October 10, 2008
Growth
~I am questioning myself on which staged am I in?
Friday, September 12, 2008
How Poor Are We
One day a father, of a very wealthy family, took his son on a trip to the country with the firm purpose of showing his son how poor people can be. They spent a couple of days and nights on the farm of what would be considered a very poor family.
On their return from the trip, the father asked his son,"How was the trip?"
"It was great Dad!"
"Did you see how poor people can be?" the father asked.
"Oh yeah," said the son.
"So what did you learn from the trip?" asked the father.
The son answered,
" I saw we have one dog and they have four. We have a pool that reaches to the middle of our garden and they have a creek that has no end. We have imported lanterns in our garden and they have the stars at night. Our patio reaches to the front yard and they have the whole horizon.
We have a small piece of land to live on and they have fields that go beyond our sight. We have servants who serve us, but they serve others. We buy our food, but they grow theirs. We have walls around our property to protect us, they have friends to protect them."
With this the boy's father was speechless.
Then his son added,
"Thanks Dad for showing me how poor we are."
~Author unknown