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| Photo Courtesy: parrots4parties.com |
An INVESTMENT BANKER goes into a pet shop to buy a parrot. The shop owner shows him three nearly identical parrots on a perch and says, "The parrot on the right costs $500."
"Why does that parrot cost so much?" asks the INVESTMENT BANKER.
"Well," replies the owner, "it knows how to do pitchbooks."
"How much does the middle parrot cost?" asks the INVESTMENT BANKER again.
"That one costs $1,000 because it can do everything the first one can do plus it knows how to do complex valuation problems".
The startled INVESTMENT BANKER asks about the third parrot, to be told it costs $4,000. Needless to say, this begs the question, "What can it do?"
To which the owner replies "To be honest, I've never seen him do a darn thing, but the other two call him MD."
