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1.
This expression means that it is better to have an advantage or opportunity that is certain than having one that is worth more but is not so certain.

"A bird in the hand," is yours, and it's not going anywhere unless you let it go. But if you leave it and go for "two in the bush," there is no guarantee you'll catch them, you might end up with nothing in the end.

In essence, don't be greedy and stick with what good things you already have, instead of going after something you'll probably never get.
Bob: "I think I'm gonna quit my job..another firm is going to offer me a better job.."

Joe: "Are you sure? You probably shouldn't quit unless you know you're gonna get in for sure. A bird in the hand is worth two in the bush."

(Weeks later)

Joe: "So how was the interview?"

Bob: "Idk not so good...i don't think the boss is gonna let me come back either..."

Joe: "You're an idiot.."
by Javo2357 February 10, 2012
 
2.
what you may decide while contemplating your cock rubbing up against some other dude's cock if you were to participate in a 3some with a chick and said dude.
He had his eye on that girl all semester, until she finally invited him to a 3some. At that point he quickly lost interest, deciding that a bird in the hand is worth two in the bush.
by turttlemugger December 04, 2008
 
3.
This expression shows the benefits of masterbation over intercourse by saying a bird (your penis) is better in your hand than having both your penises in a bush (vagina).

Women are sometimes not worth the hassle, headache or monitary cost to keep around, despite giving you sex.
Rob: Y'know, Greg, my girlfriend wanted another $20 from me this morning.

Greg: Oh yeah? What for?

Rob: I don't know, she wouldn't tell me. I bet she's cheating on me.

Greg: Why do you think that?

Rob: Well she borrows money from me all the time, and I'm stupid and jump to conclusions.

Greg: Well, my dad always told me that a bird in the hand is worth two in the bush.

Rob: You're right.

/corny story
by Joseph and friends. July 10, 2008