Investment Banking Joke

dixm655's picture
Rank: Baboon | 120

The investment banker was at the pier of a small coastal Mexican village when a small boat with just one fisherman
docked. Inside the small boat were several large yellow fin tuna.
The investment banker complimented the fisherman on the quality of his
fish and asked how long it took to catch them.

The fisherman replied, only a little while.

The investment banker then asked why didn't he stay out longer
and catch more fish?

The fisherman said he had enough to support his family's
immediate needs.

The investment banker then asked, but what do you do with the
rest of your time?

The fisherman said, "I sleep late, fish a little, play with
my children, take siesta with my wife, Maria, stroll into the village
each evening where I sip wine and play guitar with my amigos, I have a
full and busy life, senor."

The investment banker scoffed, "I am a Harvard MBA and could
help you. You should spend more time fishing and with the proceeds, buy a bigger
boat. With the proceeds from the bigger boat you could buy several boats,
eventually you would have a fleet of fishing boats. Instead of selling your
catch to a middleman you would sell directly to the processor, eventually
opening your own cannery. You would control the product, processing
and distribution. You can leave this small coastal fishing
village and move to Mexico City, then LA and eventually NYC where you will run your expanding
enterprise."

The fisherman asked, "But senor, how long will this all
take?"

To which the American replied, "15-20 years."

But what then, senor?

The American laughed and said that's the best part. When
the time is right you would announce an IPO and sell your company stock to the
public and become very rich, you would make millions.

Millions, senor? Then what?

The American said, "Then you would retire. Move to a small
coastal fishing village where you would sleep late, fish a little, play
with your kids, take siesta with your wife, stroll to the village in the
evenings where you could sip wine and play your guitar with your
amigos."

Comments (7)

Jan 19, 2008

i've heard this one maybe 5 times before... its a good one

Jan 19, 2008

This joke...funny but its on WSO like 200 times already

Reality hits you hard, bro...

Jan 20, 2008

Indeed a good joke, but it's been posted way too much.

Jan 21, 2008

I don't get it.

Jan 22, 2008

^ Irony.

Jan 22, 2008

nice one indeed... typically Cliche of an economist / banker

Jan 22, 2008
Comment

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"its the running joke now, we now have fair trade with china so they send us poisoned sea food and we send them fraudulent securities."