>From: "Hasan M. Soedjono" <hms@> > >Here is an analogy from an old buddy about the recent behavior of >Indonesia's capital market, in the form of an amusing allegory. As Charles >Darwin discovered, there's a monkey in all of us. > >Best Wishes, > >-hms- > >_____ > >From: Ongki P Sumarno [] >Sent: Saturday, October 11, 2008 11:57 AM >Subject: Play in the Capital Market-- Wall Street ala Indonesia > >If you have difficulty understanding the current world financial >situation, the following should help... > >Once upon a time in a village in Indonesia , a man, let say his name is >Donny, announced to the >villagers that he would buy monkeys for Rp.100. > >The villagers seeing there were many monkeys around, went out to the >forest and started catching them. >The man bought thousands at Rp.100, but, as the supply started to diminish, >the villagers stopped their efforts. > >The man further announced that he would now buy at Rp. 200. 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 Rp. 300 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 Rp. 500! However, since >he had to go to the city on some business, his assistant, Said, would now >act as buyer, on his behalf. > >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 Rp. 350 and when he returns from the city, you can sell >them back to him for Rp. 500. ' > >The villagers squeezed together their savings and bought all the >monkeys. > >Then they never saw Donny or his assistant, Said, again, only monkeys >everywhere!. Now even all the villagers, including us, look like monkeys.
