From the comments here:

An old Italian Mafia Don is dying and he calls his grandson to his bed.

“You lissin-a me. I wanna for you to taka my chrome plated 38 revolver so you will always remember me.”

“But grandpa, I really don’t like guns. Howzabout you leava me your Rolex watch instead.”

“Shuddup an lissin. Somma day you gonna runna da business, you gonna have a beautifula wife, lotsa money, a biga home and maybe a couple a bambinos.

Somma day you gonna coma home and maybe find you wife inna bed with another man. Whadda you gonna do then……pointa to you watch and a say, Times Up?”