Google+ Consumer Psyche: Smart investing

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Saturday, November 1, 2008

Smart investing

A city boy, Kenny, moved to the country and bought a donkey from an old farmer for $100.00. The farmer agreed to deliver the donkey the next day.
The next day the farmer drove up and said, "Sorry son, but I have some bad news, the donkey died last night."
Kenny replied: "Well then, just give me my money back."
The farmer said: "Can't do that. I went and spent it already."
Kenny said: "OK then, just unload the donkey."
The farmer asked: "What you gonna to do with him?"
Kenny: "I'm going to raffle him off." (Note: To raffle is to sell a thing by lottery - draw lot -! To a group of people each paying the same amount for a ticket)
Farmer: "You can't raffle off a dead donkey!"
Kenny: "Sure I can. Watch me. I just won't tell anybody he's dead."
A month later the farmer met up with Kenny and asked, "What happened with that dead donkey?"
Kenny: "I raffled him off. I sold 500 tickets at two dollars apiece and made a profit of $998.00."
Farmer: "Didn't anyone complain?"
Kenny: "Just the guy who won. So I gave him back his two dollars."
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