a.k.a Kanye West. He has an ego so great, he has a false sense and knowledge of reality. This was brought up to a larger audience by the creators of "South Park".
Also used in a few lame jokes.
-"Dude, you like fishsticks?"
-"Of course man!"
-"Do you like to put them in your mouth..?"
-"Yes, I like to put them in my mouth."
-"YOU'RE A GAY FISH"
When someone is the most skilled at an activity out of a relatively small or otherwise novice group of individuals in regards to said activity. Often used to denote that the "big fish" is not as skilled as those inside of the "small pond" would make it appear. Commonly used as an insult to the person being described.
Jim: I am the smartest one in my class!
Hank: Yeah, but you go to community college so... big fish small pond.
Sally: Laqueesha is the best prostitute I know!
Susan: That's because she lives in Old Lyme. If she lived in Compton she wouldn't be in the big fish small pond scenario.
A defining moment when you know that your favorite TV Show, Celebrity, Movie Series or Music Group has reached its peak and goes downhill. This term was coined as a dig on TV Guide when they bought the old jump the shark website, and destroyed it in February of 2009 so fans could no longer vote on shows that "Jumped the Shark". Jump the Shark Fans now refer to this corporate sell out in regards to that website "boning the fish" as well as replacing the old term "Jump the Shark" after a new website was created to celebrate the fans carrying the old JTS banner as "Bone the Fish" at www.bonethefish.com
Damn; when Idris Alba got killed on the "Wire", that show had a "Bone the Fish" moment!