Mike: *sighs* Kid, just look out for yourself.

from Breaking Bad (Ft. Thomas Schnauz) – Say My Name on Rap Genius

Meaning

Mike has tried his hardest to get Jesse to abandon Walter throughout the season. Not for selfish reasons like Gus; Mike just genuinely cares about Jesse and views Walt as a “ticking time bomb” that is nothing but trouble. But he realizes that Jesse is still loyal to Walt, and all he can do is get him to be careful around him.

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