I was working at a company full of PhDs and well seasoned veterans, who looked at me as a new kid, kind of underqualified to be working in their tools group. I had been at the firm for a while, and they were nice enough, but didn't really have me down as someone who was going to contribute as anything other than a very junior engineer.
We had a severe problem with a program's performance, and no one really had any idea why. And as it was clearly not a sophisticated project, I got assigned to figure something out.
I used the then very new callgrind and the accompanying flamegraph, and discovered that we were passing very large bit arrays for register allocation by value. Very, very large. They had started small enough to fit in registers, but over time had grown so large that a function call to manipulate them effectively flushed the cache, and the rest of the code assumed these operations were cheap.
Profiling tools at the time were quite primitive, and the application was a morass of shared libraries, weird dynamic allocations and JIT, and a bunch of other crap.
Valgrind was able to get the profiles after failing with everything else I could try.
The presentation I made on that discovery, and my proposed fixes (which eventually sped everything up greatly), finally earned the respect of my colleagues, and no phd wasn't a big deal after that. Later on, those colleagues who had left the company invited me to my next gig. And the one after that.
So thanks!