Monkeys And Goats

Exactly four years ago, when the stock markets were racing to a new high practically every day, I wrote an article about the stock markets which had in it a story about monkeys and goats. Here's how it went. One day a man appeared in a village and offered to buy all the monkeys that the villagers could supply for a thousand rupees each. The villagers caught all the monkeys around and sold them. Soon, another man appeared and offered two thousand rupees for each monkey. However, there weren't any more monkeys around so the villagers couldn't sell the man anything. However, they figured that for some reason, the demand for monkeys was going up so they looked for the first man and bought back all the monkeys for Rs 3000 each (which was the least the

This article was originally published on October 17, 2011.