Benedictine nuns buy shares in Croatian soccer club
October 22 (RIA Novosti) - A group of Croatian Benedictine nuns have bought shares in a leading Croatian soccer club, the Vecherniy List paper said on Wednesday.
The 19 nuns, from a convent located some 150 km (93 miles) away from the coastal city of Zadar, bought 50 shares worth around $4,500 in Hajduk Split, the nine times champions of Croatia.
The club recently became a shareholder company. The purchase made the nuns one of the club's top 20 shareholders.
"Our mother superior told us that we had become owners of Hajduk shares, but I know hardly anything about this," a nun by the name of Anselma told the paper.
She also said that none of the nuns were from Split, adding that they usually "pray for the Croatian national soccer side."
Anselma also added that she and the other nuns knew hardly anything about the sport.
Journalists from the paper asked the nun to pose in a Hadjuk Split strip for their story but she "politely refused."
The mother superior declined to meet with the press.
Formatted for CROWN by Marko Puljić
Submitted by: Violi Calvert
How the Stock Market Works
Once upon a time a man appeared in a village 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 started catching them.
The man bought thousands at $10 and, as supply started to diminish, the villagers stopped their effort. He next announced that he would now buy monkeys at $20 each. 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 scarce it was an effort to even find a monkey, let alone catch it!
The man now announced that he would buy monkeys at $50 each! However, since he had to go to the city on some business, his assistant would buy 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 already 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."
The villagers rounded up all their savings and bought all the monkeys.
They never saw the man or his assistant again, only lots and lots of monkeys!
Now you have a better understanding of how the stock market works.
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