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Analyst and Broker at the Races
Date: Sent Tuesday, July 16, 2019
Category: None
Rating: 2.20/5 (114 votes)
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A stock analyst and a Wall Street broker went to the races. The broker suggested to bet $10,000 on a horse. The analyst was sceptical, saying that he wanted first to understand the rules, to look at the horses, etc. The broker whispered that he knew a secret algorithm for success, but he could not convince the analyst.

"You are too theoretical," he said as he bet on a horse. Sure enough, that horse came in first, bringing him a lot of money. Triumphantly, he exclaimed, "I told you I knew the secret!"

"What is your secret?" the analyst asked.

"It is rather easy. I have two kids, a three-year-old and a five-year-old. I sum up their ages and I bet on number nine."

"But, three and five is eight," the analyst protested.

"I told you, you are too theoretical!" the broker replied. "Haven't I just shown experimentally that my calculation is correct?!"

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