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Financial Mathematics Joke

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Financial Mathematics Joke


A man was looking in a newspaper column devoted to the stock's prices. And there he saw that the stocks of some company were worth 1 cent for a stock. So, he thought "they can't go more down", called his friend, who was working as a broker, and asked him to buy the stocks for 1000 dollars.

Then, a day later, he saw that the price for a stock go up to 2 cents. He thought: "hm... not bad. I'll wait a little, may be they go up even more".

And then, on the next day, the price was 3 cent a stock. So, he thought "the time has come", called his friend and cried out:

- Immediately sell those stocks!

And tired broker replied:


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