In the sketch, Bob plays an explorer, who trudges through the jungle, swims the ocean and sprawls his way through the forest looking for Kermit. His appearance gets more and more worn as he continues, tattering his clothes and growing a long beard.
Upon reaching Kermit, who's sitting peacefully in the woods, Bob asks what the meaning of life is. Kermit responds: "A-B-C-D-E-F-G-H-I-J-K-L-M-N-O-P-Q-R-S-T-U-V-W-X-Y-Z." Bob becomes irate, telling him that's just the alphabet. Kermit, unaware of this, hands Bob his staff and declares him the new Wise Man of the Forest.
- Memoirs of a Muppets Writer, page 102