Malcolm & Eddie - Season 3 Episode 21

After the club makes $50,000 in just three months, Malcolm quickly invests his share of the profits in the stock market. Eddie, on the other hand, takes his earning to the racetrack. While Malcolm accuses his partner of being irresponsible, Eddie counters by saying that he's cheap. As a result, Malcolm calls on his financial advisor to set Eddie straight. But instead of taking Olive's advice, Eddie buys a racehorse. As Eddie settles in to watch his horse win $100,000 in its first race, a stock market nosedive costs Malcolm plenty. As the horse continues winning, Eddie becomes richer by the race, allowing him to get all the things Malcolm is too cheap to buy. But, after seeing Eddie's new entourage of hangers-on, Malcolm is worried about his partner wasting all of his money. To talk some sense into Eddie, Malcolm asks actor Emmanuel Lewis to give him a lecture on fiscal responsibility. Noting how newfound wealth once attracted a host of new friends eager to cash in for themselves, Emmanuel warns Eddie about being too free with his cash. And though Eddie is grateful for Malcolm's concern, they finally agree not to try and tell each other what to do.