Funny Little Parable from Wall St.

Billy went to Texas and purchased from a farmer a donkey, for the price of $100.

The farmer agreed to deliver the donkey the next day.

The next day the farmer told Billy "Sorry, but I have bad news, the donkey died".

Billy replied: "No problem, give back my money".

The farmer said: "I can't return your money, because I have spent it already".

Billy said: "OK, then give me the dead donkey".

The farmer asked: "what are you going to do with the dead donkey?"

Billy replied: "I will hold a lottery".

The farmer said with a touch of irony: "There is no way you will be able to successfully pull off a lottery for a dead donkey".

Billy replied: "Of course I can. I simply won't tell anyone that the donkey is dead".

A month later the farmer ran into Billy and asked him: "What happened with the dead donkey?"

Billy replied: "I held the lottery for the donkey and sold 500 tickets at $2 each and I made a profit of $998".

The farmer asked "Nobody complained?"

Billy said: "Only the guy that won the (dead) donkey complained, so I returned his $2 so he would stop complaining".

Billy is now working for Goldman Sachs.