The Godfather’s Lesson for Investors

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Johnny Fontaine investing. Now, if you’re not familiar with Johnny Fontaine, first Godfather movie, singer, Godson to Don Corleone, you’re not familiar with this, you didn’t see Godfather 1, stop right now, stop exactly what you’re doing and go watch the damn movie. And by the way, shame on you. Shame on you, haven’t seen it. Anyway, seen in Godfather 1, Johnny Fontaine.

set, you know, his career is not being advanced, producer in Hollywood’s holding back, he goes sees his godfather Vito Corleone and he whines. Well, I don’t know what to do, Godfather. I don’t know what to do. And Vito Corleone gets up, grabs him, smacks him across the face and says, you can act like a man. he’s like, what are you? You go out to Hollywood and now you become back and yet, you know, goes on and on anyway. Yeah.

We have to deal with a lot of that whining at Markowski Investments. We do. We do. know, people will come in, you know, losing a fortune on whatever ridiculous idea, dumb idea, trying to get rich quick nonsense. And what do you want me to do? You want me to hold your hand? We’ll tell you, that’s too bad. That’s, you know, no.

We’re going to fix the problem, but you got to man up. You did it. OK, you’re the one that was greedy. OK, again, greed and fear always set the trap. You were the one who’s greedy. You were the one that decided, hey, you know what? I’m not going to pay attention to the risk in this at all. I am going to ignore all the risk factors in my portfolio because I want to be rich quickly. How’d that work out for you?

Again, I’m giving you my Vito Corleone smack upside the head right now. Listen, we’ll build your portfolio back up. It’s going to take time. You screwed it up.

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You’re the one that’s a guy to go all in on meme stocks or disrupt their companies or whatever crap private equity company that somebody puts you into. Don’t blame the advisor. Okay. He’s just doing what he’s told blame yourself. Okay. This is one of the things if you want to be successful in life, you got to take ownership of everything. say this again and again and again. You did it. It’s funny. And I wrote about this in the past.

These investment con guys out there, they actually say this. They said, they will tell you, you know, we would be out of business. We would be out of business if people weren’t greedy.

Again, that’s what they teach people when they start on Wall Street, how to press people’s greed buttons, okay? Paint them a picture of all the riches that they’re gonna have. I was reading it the other night, and I’m gonna misquote it. God forgive me, it was some proverbs, from Crying Out Loud, the importance of gaining wealth little by little over time.

rather than all at once. And that means a myriad of different things, but listen, okay? If it was so easy to get Rich Quick, wouldn’t everyone do it? But what do we say here on the program every single week? Every single week, everything in life that has meaning, value, and worth involves work, time, and effort. Say it again and again, 10 times over, okay?

If something is missing from that equation, if there’s no work, time, and effort in your success, guess what? Okay, I’ll quote another mafia movie. It’s a bloody fugazi. Watchdogonwallstreet.com.