Episode Transcript
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Speaker 1 (00:00):
The Watchdog on Wall Street podcast explaining the news coming
out of the complex worlds of finance, economics, and politics
and the impact that we'll have on everyday Americans. Author,
investment banker, consumer advocate, analyst, and trader Chris Markowski fa.
Speaker 2 (00:17):
FO Markowski style. Now, if you're not familiar with FAFO
that acronym.
Speaker 1 (00:24):
Look it up.
Speaker 2 (00:24):
I'm not going to tell you because my mom's listened.
She'll just yell at me. Anyway, f A FO Markowski style. Yeah,
we at Markowski Investments have a zero tolerance for bull excremit.
We have zero tolerance for disrespectful clients. We just we
(00:48):
just don't have it. We don't believe in that anybody
that we work with, as a matter of fact, in
the sense that our accounting department donofrio orperate the same thing,
same thing, f A F all. What I mean by
that we will do everything and anything that we can
(01:11):
to provide the highest level of service that's out there.
What we will not stand for is being disrespected or
being treated in an improper way. And again, you know what,
we don't have that problem. We really don't. Honestly, my
buddy John, the counting he has to deal with a
(01:33):
little bit more of that than we do. But for
whatever reason it may be, again, we are been doing
this for thirty years. We generate our client base obviously
through referrals and word of mouth and this program, radio show,
appearances that I made, and for whatever reason it may be,
(01:56):
and thank god, the people that we have quite frankly,
they get it, the same type of mentality, the same
belief system, and it makes for it makes for just
a really a wonderful and pleasant experience. Again, this is
(02:21):
again something that again I learned, wasn't always this way.
I've learned over the years and go back to you know,
the nineteen nineties. Yeah, it was a little bit more
forgiving back at that point in time. But the reality
is is that you're working with us because we're good
(02:43):
at what we do, and you're paying us because we're
good at what we do. Why would you come over
and work with the Markowski brothers, our family and start
telling us our job it's been kind of fanciful. And
(03:04):
I hear this from you know, some of our my
my you know, doctor friends and surgeon friends. All of
a sudden, people are they're their own doctors at this
point in time, and they want to tell people what
to do. And again, get all these pharmaceutical ads that
are out there as well, and all of a sudden,
I need this drug. No, no, no, no, that's nonsense. We
(03:25):
set up and we do things a certain way. All
of a sudden you say no, no, no, no, you know,
I really want to get involved. And all of these
disrupt their companies. Let's say twenty twenty, you know, sell
all of my high quality stuff, and I want to
go into those. The answer is no, Well, it's my client,
(03:45):
it's my book, and it's my money.
Speaker 1 (03:47):
I can do what.
Speaker 2 (03:48):
I'm fine, you're sure you can. You're not going to
do that here. You're not going to do that under
my name. You want to go lose money, go ahead, Okay,
I can't stop you. I'll try to talk you out
of doing dumb things with your money. And again that's
you know, We've done a lot of that over the years.
(04:08):
But you're not going to do it here. I remind you.
FAFO find out. You know what's funny was going back.
It's got to be about ten years ago. I got
invited to a guy wanted to retire. He was selling
his firm on long Island and it was in Garden City,
(04:28):
and you know, having a conversation with the guy and
he's like, well, listen, you know you got to make
sure you most of them, got to make sure you
are in the office here at least three four days
a week physically, because you know, clients like to come
in and they like to complain and yell and you know,
whatever it may be. And I was like, what you
(04:49):
think that I'm gonna deal with that? Nonsense. No, No,
it's fact that, you know what, You've got crappy clients,
and you know what, My time is too valuable. There's
too many good people in the world that I'd rather
be working with than dealing with a bunch of jerks.
F A f. O. Markowski style watchdog on Wall Street
(05:12):
dot Com.