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Show HN: Can’t afford Bloomberg Terminal? No prob, I built the next best thing

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Re: Show HN: Can’t afford Bloomberg Terminal? No prob, I built the next best thing

#171
post #65
post #54

The only thing that this shares with the bloomberg terminal is that it can do equities and is on a terminal. Sort of irks me because a bloomberg terminal can do so much more: level 2 data, trading capability, damn near instant news alerts, options, debt instrumentals + so much more - and I get it, this isn't meant for that same crowd and this is pretty well flushed out for a retail investor. But the comparison with t…

Maybe it's like a Bloomberg terminal as of a few decades ago? I think access to market data is a challenge in trying to replicate more of the present-day Bloomberg terminal. First because it's so voluminous (as people elsewhere in this thread have said), and second because so much of it is commonly provided under license for a fee (and with nondisclosure obligations) (and also subject to the trend where people pay mo…

a couple of decades ago the bloomberg was massively more than that already

Re: Show HN: Can’t afford Bloomberg Terminal? No prob, I built the next best thing

#172
post #147

Earlier quoted context omitted.

Sometimes I casually flash my B-Unit around or pretend to check the time on it just to let everyone know I have a subscription. Other times I will go out of my way to send emails from the terminal just so others get a glance at my @bloomberg.net email address. I also have people send me stuff to the email if it's someone I haven't met before. The Bloomberg Terminal is well worth it for these two perks. It's much bett…

I honestly can't tell if this is a parody or not

That's the best type of parody

Re: Show HN: Can’t afford Bloomberg Terminal? No prob, I built the next best thing

#173

If you like stocks and are careful with the way you spend your money, you know how much time goes into buying shares of a stock. It’s tedious and I don’t have 24k for a Bloomberg terminal. Which led me to the idea during xmas break to spend the time creating my own terminal. I introduce you to “Gamestonk Terminal” (probably should’ve sent 1 tweet everyday to Elon Musk for copyrights permission eheh). In summary, the…

> probably should’ve sent 1 tweet everyday to Elon Musk for copyrights permission eheh

Why? I assume you're doing this as an advertisment?

Re: Show HN: Can’t afford Bloomberg Terminal? No prob, I built the next best thing

#174

The biggest thing you pay for in the Bloomberg Terminal is the chat function, which lets you talk to other people who also have $25,000 a year to spend on a Bloomberg Terminal. But this is still pretty cool :)

This has that too, it's called "reddit"

I'm sure jedberg will be very interested to find out about this Reddit thing

Re: Show HN: Can’t afford Bloomberg Terminal? No prob, I built the next best thing

#175
post #159

Earlier quoted context omitted.

The act of linking against a library produces a derivative work of that library. But since APIs are not copyrightable (in europe, at least), the act of using an API does not produce a derivative work, and thus code which uses an API is not bound to any particular license wrt it.

There is a pretty clear line between using an API and using the code behind it. The line between an API and code describing and documenting that API is quite fine. See Google vs Oracle.

> See Google vs Oracle

Google v oracle happened in the us. I explicitly qualified with ‘in europe’. That lawsuit would never have flown in the first place. Oracle's position was specifically that they held the copyright of the java stdlib APIs, which copyright was infringed upon by google.

> code describing and documenting that API

I'm not sure what you mean by that, can you clarify?

Re: Show HN: Can’t afford Bloomberg Terminal? No prob, I built the next best thing

#176

Earlier quoted context omitted.

I honestly can't tell if this is a parody or not

That's the best type of parody

Not to the proud family whose surname is Parody.

Also those representing parity overheard you and may have a bit to talk with you about.

Re: Show HN: Can’t afford Bloomberg Terminal? No prob, I built the next best thing

#177

Earlier quoted context omitted.

It’s about who you know and the quality of info haha, do what you want

Well /biz/ was telling everyone to buy chainlink at 20 cents, it's now 26$, and they were posting all sorts of information to back their claims. If information giving more than x100 ROI in 3 years isn't quality enough for you then I don't know what is. One would be wise to look past the anonymity, racist jokes, homophobic jokes, etc... to find what you want, it's like diving in a lake of shit that has treasure chests…

[deleted]

Re: Show HN: Can’t afford Bloomberg Terminal? No prob, I built the next best thing

#178

The biggest thing you pay for in the Bloomberg Terminal is the chat function, which lets you talk to other people who also have $25,000 a year to spend on a Bloomberg Terminal. But this is still pretty cool :)

I thought they were too busy Snapchatting themselves with their gold iPhone 12 pros in diamond-encrusted cases with ruby-encrusted selfie sticks.

Re: Show HN: Can’t afford Bloomberg Terminal? No prob, I built the next best thing

#179

Should probably rewrite it in rust, to solve the markets memory leaks, otherwise everything will keep going up.

I realise this is a joke but there are economic reasons to expect stocks to go up in real terms on average in the long term. Investing in the long term is not a zero sum game.

That used to be case when you had to clear certain hurdles to IPO and stay listed. With the recent SPAC craze you no longer have to meet any of those. All you need is a credible narrative. In that environment, no, you shouldn’t expect stocks to have positive returns. Long-term positive return in stocks is purely a function of required rate of _cash_ return. But if an underlying business is never meant to ever distribute cash back to investors, the stock is worth exactly ZERO. In other words a ponzi scheme.

Re: Show HN: Can’t afford Bloomberg Terminal? No prob, I built the next best thing

#180
post #147

The biggest thing you pay for in the Bloomberg Terminal is the chat function, which lets you talk to other people who also have $25,000 a year to spend on a Bloomberg Terminal. But this is still pretty cool :)

Sometimes I casually flash my B-Unit around or pretend to check the time on it just to let everyone know I have a subscription. Other times I will go out of my way to send emails from the terminal just so others get a glance at my @bloomberg.net email address. I also have people send me stuff to the email if it's someone I haven't met before. The Bloomberg Terminal is well worth it for these two perks. It's much bett…

Assert your dominance by using your childhood hotmail email address for business purposes
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