so confused!!

[foto-phreak.livejournal.com]

I'm trying to make a felt ornament in the shape of a No. 2 pencil. I'm absolutely stuck on how to go about making the lead tip. I cut a circle thinking I could shape it into a point, but that didn't work. Then I thought maybe a few triangles??? I don't know why I'm so confused. Maybe I need to be good at math, I just can't figure it out. If someone could do a cheesy diagram in MS Paint or explain it really well, I'd love you forever!

P.S. I dig the new LJ holiday look :)

Thank you!