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Month: September 2020

Ethiopia 2020. Auto sales down 11.3% Year To Date in August while Ford rises over 30%

Ethiopia vehicles market in 2020 reports contained losses as the pandemic influences sales. Indeed, 812 units were sold Year To Date until August, losing 11.3% compared to last year. Toyota  (+28.5%) remains the leader, followed by Ford -the top performer- with a 30.3% increase in sales.  Economic Environment The current fiscal year (July 2020–July 2021) […]

Chinese cryptocurrency vocabulary list (in progress)

Here is a running list of words and phrases that are loosely related to cryptocurrency and bitcoin (and hence, finance and technology). Once it hits 100+ words, I’ll probably migrate to a public Google doc. If you’d like to contribute, reach out on twitter or email or wechat me (kevinrandom)! project participants = 项目方 = […]

Too many highlights from Niall Ferguson’s The Ascent of Money

I read this book more than 5 years ago and recently decided to revisit my Kindle highlights from it. In those 5 years, Niall has updated the book and released a 10th anniversary edition which has a chapter on bitcoin and cryptocurrencies. (it seems he caught the bug, from his son! 🙂 I might buy […]

Cameroon. In 2020 the market suffered a 29.8% drop, Toyota remains the undiscussed leader

Cameroon vehicles market in 2020 reports a sharp drop as the pandemic influences sales. Indeed, 1.446 units were sold Year To Date until August, losing 29.8% compared to last year. Toyota  (-22.3%) maintains the leadership, while Renault was the worst performer, with a 52.7% drop in sales. Meanwhile, Volkswagen reported a 25.7% increase in sales. […]

Rwanda. Volkswagen’s growth threatens Toyota’s throne in market down 17.4% in 2020

Rwanda vehicles market in 2020 shrinks moderately as the pandemic influences sales. Indeed, 409 units were sold Year To Date until August, losing 17.4% compared to last year. Toyota  (-26.5%) maintains the leadership followed by a rising star, Volkswagen, jumping from 14th to 2nd position.  Economic Environment A quarter of a century after the Tutsi […]

Zhang Yiming’s Bytedance confession (in Chinese and English)

One of my current goals is to significantly improve my Mandarin skillz…here is a letter that Bytedance CEO Zhang Yiming (张一鸣) wrote as a kind of public confession to the Chinese government and Chinese public about Bytedance’s need to have more “positive energy” (正能量) and to better represent the country. — Zhang Yiming’s Bytedance confession […]

September Robinhood / stonks update

Quick update… I took a small position in the VIX, the CBOE volatility index, with a view that as the election approaches and with structural weakness in both the US and global economy, we’ll see S&P 500 volatility rise and/or spike. Entry price of $28.31, so I’m currently down 7.5%. On Robinhood, I bot small […]

Togo. Market struggles with a 38.8% drop in sales Year to Date in August 2020

Togo vehicles market in 2020 reports a heavy drop as the pandemic influences sales. Indeed, 211 units were sold Year To Date until August, losing 38.8% compared to last year. Toyota  (-29.2%) maintains in leadership while reporting the best top 10 hold, while Peugeot was the worst performer, with a 57.1% drop in sales. Market […]