How can narrate the story of the monkey Trader. Saidia please.
Need to narrate it to my kids.
Once upon a time in a village, a man appeared and announced to the villagers that he would buy monkeys for Ksh 10/-
The villagers seeing that there were many monkeys around, went out to the forest and started catching them. The man bought thousands at Ksh 10/- and as supply started to diminish, the villagers stopped their effort. He further announced that he would now buy at Ksh 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 Ksh 25/- 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 Ksh 50! However, since he had to go to the city on some business, his assistant would now buy on behalf of him.
In the absence of the man, 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 Ksh 35 and when the man returns from the city, you can sell it to him for Ksh 50/-
The villagers squeezed up with all their savings and bought all the monkeys.
Then they never saw the man nor his assistant, only monkeys everywhere!! !
Welcome to the ‘Stock’ Market!!!
Sijui ni hii unataka or the one ya NASWA guy…
Kuna ile ya a guy went to the market to sell a monkey and another man to sell a goat. At the market many people crowded around the monkey trader to see the monkey do its antics. Nobody bothered with the giat trader. At the end of the day after having their fill of entertainment, the people remembered what brought them to the market, the search for food. They went to the goat trader to buy the goat. So the monkey trader attracted crowds but went home empty handed while the goat trader went home with a full wallet.
classical example of jakuon…he could fill the stadiums leterally but look at the outcome