ER joke

A man in a hot air balloon, realising he was lost, reduced altitude and spotted a woman below. He descended further and shouted to the lady 'Excuse me, can you help me? I promised a friend I would meet him an hour ago, but I don't know where I am.'

The woman below replied, 'You're in a hot air balloon, hovering approximately 30 feet above the ground. You're between 40 and 41 degrees north latitude and between 59 and 60 degrees west longitude.'

'You must be in Equity Research,' said the balloonist.

'Actually I am,' replied the woman, 'How did you know?'

'Well,' answered the balloonist, 'everything you have told me is technically correct but I've no idea what to make of your information and the fact is I'm still lost. Frankly, you've not been much help at all. If anything, you've delayed my trip '.

The woman below responded, 'You must be in general Equity Sales.'

'I am,' replied the balloonist, 'but how did you know?'

'Well,' said the woman, 'you don't know where you are or where you’re going. You have risen to where you are due to a large quantity of hot air. You made a promise, which you've no idea how to keep, and you expect people beneath you to solve your problems. The fact is you are in exactly the same position you were in before we met, but now, somehow, it’s my f****** fault.

WSO Elite Modeling Package

  • 6 courses to mastery: Excel, Financial Statement, LBO, M&A, Valuation and DCF
  • Elite instructors from top BB investment banks and private equity megafunds
  • Includes Company DB + Video Library Access (1 year)

Comments (4)

Nov 2, 2007 - 4:38am

Nice one. I wonder if we can get someone to draw an iB analogy with the same conversation happening between an MD/VP and an Analyst/Associate

"God takes care of old folks and fools, while the Devil takes care of makin all the rules", P.E. 1998
Nov 2, 2007 - 2:39pm

Yeah, hayabusa! That sounds like SUCH an awesome idea! Dang, maybe we should "get" someone to do that!

_______________________________________ http://www.drmarkklein.blogspot.com/
Nov 2, 2007 - 3:58pm

A man in a hot air balloon, realising he was lost, reduced altitude and spotted a woman below. He descended further and shouted to the lady 'Excuse me, can you help me? I promised a friend I would meet him an hour ago, but I don't know where I am.'

The woman below replied, 'You're in a hot air balloon, hovering approximately 30 feet above the ground. You're between 40 and 41 degrees north latitude and between 59 and 60 degrees west longitude.'

'You must be an Analyst/Associate,' said the balloonist.

'Actually I am,' replied the woman, 'How did you know?'

'Well,' answered the balloonist, 'everything you have told me is technically correct but I've no idea what to make of your information and the fact is I'm still lost. Frankly, you've not been much help at all. If anything, you've delayed my trip '.

The woman below responded, 'You must be a VP/MD.'

'I am,' replied the balloonist, 'but how did you know?'

"Because you're an a hole."

-------------- Either you sling crack rock or you got a wicked jump shot
Nov 2, 2007 - 10:43pm
_______________________________________ http://www.drmarkklein.blogspot.com/
Start Discussion

Total Avg Compensation

July 2021 Investment Banking

  • Director/MD (9) $911
  • Vice President (36) $363
  • Associates (209) $232
  • 2nd Year Analyst (119) $152
  • 3rd+ Year Analyst (28) $146
  • Intern/Summer Associate (100) $145
  • 1st Year Analyst (439) $132
  • Intern/Summer Analyst (354) $82