A city boy, Lloyd, moved to the country and bought a donkey from an old farmer for $100.00. The farmer agreed to deliver the donkey the next day, so early in the morning he drove over to Lloyd’s.
Farmer: “Sorry son, I have some bad news, the donkey died.”
Lloyd: “Well then, just give me my money back.”
Farmer: “Can’t do that. I went and spent it already.”
Lloyd: “OK then, just unload the donkey.”
Farmer: “What ya gonna do with him?”
Lloyd: “I’m going to raffle him off.”
Farmer: “You can’t raffle off a dead donkey!”
Lloyd: “Sure I can. Watch me. I just won’t tell anybody he’s dead.”
A month later the farmer met up with Lloyd.
Farmer: “What happened with that dead donkey?”
Lloyd: “I raffled him off. I sold 500 tickets at two dollars a piece and made a profit of $898.00.”
Farmer: “Didn’t anyone complain?”
Lloyd: “Just the guy who won. So I gave him his two dollars back.”
Lloyd grew up and eventually became CEO of Goldman Sachs!
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