A traveling salesman stopped alongside a field on a country road to rest a few minutes. The man had just closed his eyes when a horse came to the fence and began to boast about his past.

"Yes sir, I'm a fine horse. I've run in 25 races and won over $5 million dollars. I keep my trophies in the barn."

The salesman computed the value of having a talking horse, found the horse's owner and offered a handsome sum for the animal.

"Aw, you don't want that horse," said the farmer.

"Yes I do," said the salesman, "and I'll give you $100,000 for the horse."

Recognizing a good deal, the farmer said without hesitation, "He's yours."

While he wrote out his check, the salesman asked, "By the way, why wouldn't I want your horse?"

"Because," said the farmer, "he's a liar - he hasn't won a race in his life."