Weekly Roundup 06/05/26 (MSTR wobbles, Polymarket's MSTR market, Andrew Left convicted)

**SPEAKER_1** (0:01)
Matt Walsh and Nic Carter are partners at Castle Island Ventures. All of these expressed by them or the guests on this podcast are solely their opinions and do not reflect the opinions of Castle Island Ventures. Guests and hosts may maintain positions in the assets discussed in this podcast. You should not treat any opinion expressed by anyone on this podcast as a specific inducement to make a particular investment or follow a particular strategy, but only as an expression of their personal opinion. This podcast is for informational purposes only.

**SPEAKER_2** (0:22)
Brought down by Bad Mortgage Investments, Lehman, which has 25,000 employees, will be liquidated.

**SPEAKER_3** (0:28)
The federal government loans American International Group, AIG, $85 billion.

**SPEAKER_5** (0:35)
The federal government is stepping in to stabilize Fannie Mae and Freddie Mac, the two mortgage giants that have been threatened by the housing crisis.

**Matt Walsh** (0:42)
The Bank of England has pumped $75 billion more into Britain's ailing economy.

**Nic Carter** (0:46)
The new round of quantitative easing.

**SPEAKER_1** (0:47)
You print a couple trillion dollars and all of a sudden people start to worry. So out of this worry, we have something called the Bitcoin.

**Matt Walsh** (0:54)
Welcome to On The Brink, I'm Matt Walsh.

**Nic Carter** (0:56)
And I'm Nic Carter.

**Matt Walsh** (0:58)
So I just went to my first baseball game in three years.

**Nic Carter** (1:01)
How was it?

**Matt Walsh** (1:02)
It's terrible.
Red Sox were awful. It's actually an embarrassment to the city of Boston. So I was with a portfolio company at their summer outing. And I left after the fifth inning. Red Sox gave up like seven runs in the first inning. It was embarrassing to watch.

**Nic Carter** (1:19)
The baseball, I don't understand why they called it America's Past. I find it to be tremendously boring. At least that's kind of exciting in a way.

**Matt Walsh** (1:27)
Yeah. I mean, there was a lot of runs being scored. Baltimore Orioles are awful, but they were crushing the Red Sox.

**Nic Carter** (1:34)
The one baseball game I've been to in my life, I think I did 1-0.

**Matt Walsh** (1:39)
Oh, was that the one that went with you?

**Nic Carter** (1:41)
Yeah. We went with our lawyer.

**Matt Walsh** (1:43)
Our lawyer. Then I remember you turned and you asked him, see that big green wall over there, does anyone ever hit it over?
He said, yes.

**Nic Carter** (1:52)
That's absolute slander.

**Matt Walsh** (1:54)
Indeed.

**Nic Carter** (1:54)
I'm sorry. That's completely made up and slanderous. I know enough about baseball to know the answer to that question.

**Matt Walsh** (2:00)
Sometimes people do hit it over that big green monster.

**Nic Carter** (2:03)
That's just a completely made up story. You've said it to a lot of people over the years to humiliate me. That's just not true.

**Matt Walsh** (2:12)
I have a very specific recall of that. It's like, hey, does anyone ever hit it over that wall?

**Nic Carter** (2:17)
Absolutely false. Absolutely false. And also a very boring game. So that was it for me in baseball.

**Matt Walsh** (2:23)
I think I'm all set on the Red Sox until they can actually put a good product on the field. It's actually really a problem.

**Nic Carter** (2:30)
Now you haven't changed your mind on the World Cup. You're not planning on attending.

**Matt Walsh** (2:36)
I had like three or four Zoom calls this week that start with people talking about the World Cup as if I actually care about the World Cup.

**Nic Carter** (2:43)
We operate in a global space, Matt, and it's the number one sport. And you owe it to yourself to learn a bit about it.

**Matt Walsh** (2:51)
About soccer?

**Nic Carter** (2:52)
Yeah.

**Matt Walsh** (2:53)
Yeah.

**Nic Carter** (2:53)
About how it works? I can give you some talking points if you want.

**Matt Walsh** (2:56)
Okay. Yeah. What do you got?

**Nic Carter** (2:58)
I would say the thing about Arsenal is they always try and walk it in. You say that to someone?

**Matt Walsh** (3:03)
Okay. But Arsenal's not playing in the World Cup. I know that much.

**Nic Carter** (3:06)
That, yeah, actually a lot of people mix that up. That's very, that's a very astute observation. If you want to sound smart, I would just say France are probably your pick. France or Spain.

**Matt Walsh** (3:15)
France. Okay.

**Nic Carter** (3:16)
And then say England on a skill level should, you know, should compete, but they just don't have the psychological ability to win a game.

**Matt Walsh** (3:27)
Okay.

**Nic Carter** (3:28)
In the knockout stages. So say something like that.