Category Archives: MN Gordon
Hard Landing Ahead
When Glenn Burke and Dusty Baker invented the high five on October 2, 1977, it was a moment of pure spontaneity. Continue reading
How to Catch a Falling Knife
Like Buffett, we want to buy wonderful companies at a fair price. And the AI story, as far as we can tell, has gotten well ahead of the AI reality. In other words, AI alone doesn’t justify NVIDIA’s peak valuation of $3.3 trillion. Continue reading
Dollar Debasement Ad Infinitum
If there’s one thing to understand about what’s going on in the political economy today, it is the fundamentals of debt. You do not need to be a bean counter or get too deep into the weeds to get a handle on things. Continue reading
Why Radical Spending Cuts Are Needed
The International Monetary Fund, a creature birthed at the Bretton Woods Conference in July 1944, turned 80 years old this week. Its bureaucrats are worried. Continue reading
