Did you ever hear the story about the broken pencil?
That's okay. There is really no point to it.
Broken Pencil
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Explanation
Experiment
Explain Bear
Listen up, nimrod. This joke is all about wordplay, see? "Point" usually means the pointy end of a pencil. But in this joke, it also means that there's no "point" to the story, like it's useless. Get it now? You're probably the kinda guy who still uses a No. 2 pencil for everything, huh?