Young Paddy moved to Roscommon and bought a Donkey from a farmer for €100.00. The farmer agreed to deliver the Donkey the next day.
The next day he drove up and said, ‘Sorry son, but I have some bad news, the donkey died.’
Paddy replied, ‘Well, then just give me my money back.’
The farmer said, ‘Can’t do that. I went and spent it already.’
Paddy said, ‘Ok, then, just bring me the dead donkey.’
The farmer asked, ‘What are ya gonna do with him?
Paddy said, ‘I’m going to raffle him off.’
The farmer said, ‘You can’t raffle off a dead donkey!’
Paddy said, ‘Sure I can. Watch me.. I just won’t tell anybody he’s dead.’
A month later, the farmer met up with Paddy and asked, ‘What happened with that dead donkey?’
Paddy said,’I raffled him off. I sold 500 tickets at two euro’s a piece and made a profit of €898.00.’
The farmer said, ‘Didn’t anyone complain?’
Paddy said, ‘Just the guy who won. So I gave him his two euro’s back.’
Paddy now works for the Irish Government
One thought on “Some light relief”
A Better Understanding !!
Once upon a time, in a village, a man appeared and announced to the villagers that he would buy monkeys for $10 each.
The villagers, seeing that there were many monkeys around, went out to the forest and began catching them. The man bought thousands of monkeys at $10 and, as supply started to diminish, the villagers stopped their effort.
The man then said that he would now buy at $20 for a monkey.
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 $25 each, and the supply of monkeys became so small that it was an effort to even find 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 them 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 $35, and when the man returns from the city, you can sell them to him for $50 each.”
So the villagers gathered up all their savings and bought all the monkeys.
They never saw the man nor his assistant again, only monkeys everywhere!
Now you have a better understanding of how Wall Street works.
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