Is it stupid to do a MBA purely for the prestige?

Hypothetically, say I'm already working a tier 1 job (PE MF, MBB, tier 1 HF, top group IBD) and a tier 1 location (NYC/London) and tier 1 comp (>20mm).
 

Would it make sense to forgo around 45mm in opportunity cost to get a MBA from a tier 1 program (INSEAD/LBS/HSW)? 
 

There is zero reason for me to get a MBA except to have a fancy degree I can talk about at cocktail parties. 
 

I can also get a JD at Yale or a doctorate at Oxbridge as a Rhodes Scholar.


Let me know your thoughts.

 

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