TREVOR NG'OMA

Notes

Ideas in progress.

An occasional collection of observations, questions, and things I'm learning or thinking about.

01

Why Used Cars Are Still So Expensive

I was listening to a podcast and they broke down why used car prices are still so high. Three things stood out:

The price waterfall — When new cars get more expensive, used cars tend to follow. More people get priced out of buying new and start looking used instead.

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Economics

September 2026

02

I finally understand The Big Short.

I'd seen The Big Short before. I thought I understood it. Turns out, I really didn't.

Watching it again while studying finance was completely different. Mortgage-backed securities, credit default swaps, ratings, leverage... all the stuff that used to sound like complicated Wall Street language actually started making sense.

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Finance

September 2026