"Human beings never think for themselves, they find it too uncomfortable. For the most part, members of our species simply repeat what they are told--and become upset if they are exposed to any different view. The characteristic human trait is not awareness but conformity...Other animals fight for territory or food; but, uniquely in the animal kingdom, human beings fight for their 'beliefs'...The reason is that beliefs guide behavior, which has evolutionary importance among human beings. But at a time when our behavior may well lead us to extinction, I see no reason to assume we have any awareness at all. We are stubborn, self-destructive conformists. Any other view of our species is just a self-congratulatory delusion." - Michael Crichton, The Lost World

Sunday, March 4, 2007

Do you Think Like a Trader?

Take 1 – The Idiot

A penniless bum walks in to a bar and sees a sign on the wall and jumps for joy. Before the bartender can ask him what he wants he says ‘I’ll see you tomorrow’ and leaves.

Take 2 – The Norm

A man walks in to a bar and sees a sign on the wall and smiles. The bartender asks him what he wants. The man says ‘A pint of beer please’. The bartender gives him his beer, the man drinks it, pays, and leaves.

Take 3 – The Trader

A trader walks into the same bar, sees the sign, and gets a sly grin on his face. The bartender asks him what he wants. He says ’How much is beer?’ The bartender says $5 a pint.

The trader says ‘No, not how much I have to pay, how much do you pay for beer?’

‘Why should I tell you that?’ says the bartender.

‘I’ll make it worth your while’ says the trader.

‘OK’ says the bartender ‘I pay $2.50 a pint, now what do you want?’

‘I want to sell you some beer at $2 a pint’ says the trader.

‘How much beer?’ the bartender asks.

‘As much as you can take’ says the trader.

‘Where is it?’ says the bartender.

‘Oh, I don’t actually have any beer, I just want to agree to sell you some’.

‘You’re drunk or insane’ says the bartender ‘Get out of my bar’.

The trader leaves in disgust muttering something about the misleading sign.

Question: What did the sign say?

Contact Us if you can’t work out the answer.

Paul King
PMKing Trading LLC
www.pmkingtrading.com

1 comment:

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