This episode covers Bitcoin’s sharp reversal, the breakdown of Michael Saylor’s Bitcoin treasury strategy, and why MicroStrategy may be removed from the MSCI index. Matt also examines Jason Zweig’s reporting on illiquidity risks in private real estate funds and shares lessons from Wall Street legend Art Cashin, featured in Bob Pisani’s Shut Up and Keep Talking affiliate link: https://amzn.to/3YbekZT (I can earn from qualifying purchases).

Clear insights, real risks, and timeless fundamentals.

Timestamps

00:00 – Intro + today’s topics

01:33 – MicroStrategy’s Bitcoin treasury model

03:48 – Why the “infinite money glitch” worked

07:51 – Index inclusion risk: MSCI’s possible removal

09:03 – Jason Zweig’s Column

12:27 – Reading Bob Pisani’s book for your spring course

22:57 – How markets changed since 1997

14:36 – Art Cashin: NYSE legend & storyteller

17:18 – Remembering a market historian