Earlier quoted context omitted.
Markets are garbage collected.
The market can leak memory longer than you can stay solvent. Or something.
A full garbage collection can be a brutal time.
Show HN: Can’t afford Bloomberg Terminal? No prob, I built the next best thing
291–300 of 314 posts
Re: Show HN: Can’t afford Bloomberg Terminal? No prob, I built the next best thing
#292Earlier quoted context omitted.
Watch the movie "the big short". It's really good. This is from one of the scenes where too guys try to get a license. Although the manage a few million dollars, in order to get the license they should have even more. Or as it turns out the right connections.
the book is even better.
Michael Lewis, author of the Big Short, also wrote Liar's Poker about his experience at Solomon Brothers in the mid-eighties where things like mortgage backed securities were invented. It's captivating.
Re: Show HN: Can’t afford Bloomberg Terminal? No prob, I built the next best thing
#293Earlier quoted context omitted.
Hacker News has always been reddit. All these comments are just people seeing through the matrix.
Hacker News is Reddit with a thesaurus. This is only an insult to Hacker News if you think Reddit is bad, but they clearly share the same dynamic brought on by the perverse incentives of the "karma" system and individually threaded comments. Classic discussion forum interfaces (e.g. vBulletin or phpBB) allow for much richer and calmer communication.
I think “Reddit but smarter” is a legitimate point of differentiation. I gave up Reddit for HN because despite all the issues you probably have in mind, the average quality of interaction and information is marginally better here.
Re: Show HN: Can’t afford Bloomberg Terminal? No prob, I built the next best thing
#294Earlier quoted context omitted.
Hacker News is Reddit with a thesaurus. This is only an insult to Hacker News if you think Reddit is bad, but they clearly share the same dynamic brought on by the perverse incentives of the "karma" system and individually threaded comments. Classic discussion forum interfaces (e.g. vBulletin or phpBB) allow for much richer and calmer communication.
The problem with the karma system is that it incentivizes simple comments and appealing to common human instincts. I often regret it when my score goes up drastically because I think that I made a low effort comment that exploits ingrained biases instead of actually contributing to the discussion. I am personally not against the idea of sorting comments based on a score but the score itself shouldn't be visible to an…
I don't care at all about internet points, but I do get a chuckle when I notice my karma drop by double digits in a short time period because it means someone was mad enough at one of my comments that they went to my profile page and downvoted everything they could.
Re: Show HN: Can’t afford Bloomberg Terminal? No prob, I built the next best thing
#295Re: Show HN: Can’t afford Bloomberg Terminal? No prob, I built the next best thing
#296Earlier quoted context omitted.
Its a great scene, but this one takes the cake: https://www.youtube.com/watch?v=xbiDrzTd8fE "That's a nice shirt, do they make it for men?" "Somehow you're like Dora the Explorer and you're the first person who has found this thing..."
It's a great scene, but this one takes the cake: https://m.youtube.com/watch?v=DQ5VfKSYvSk "There’s some shady stuff going down. God, this is intimate. I feel like I’m financially inside of you or something." "I'm jacked. Jacked to tits!"
Literally laughed out loud, thanks for the smile on a tough afternoon.
Re: Show HN: Can’t afford Bloomberg Terminal? No prob, I built the next best thing
#297Earlier quoted context omitted.
I'm not sure the everyday person actually can get or even handle real time data. I spoke to someone about 4 years ago who was doing it for their startup and they said they had serious problems handling the data volume. Talking about terabytes of data coming in per day. Typical DB systems fall apart under that kind of load.
I'd like to understand a bit more about how Bloomberg Terminals are set up from an infrastructure perspective. Apologies if you don't know anything about that, but the idea that there's just "so much data" that only a Bloomberg Terminal can handle it seems kind of suspect to me. Don't we have other options? Or is this all proprietary?
There are lots of industry alternatives to Bloomberg, such as Refinitiv Eikon, FactSet, CapIQ, etc. There is a lot of technical infrastructure required to be able to constantly provide real-time data with no downtime. Also, some data sets are in fact proprietary. For example, Refinitiv has a historical database that can’t be beat by competitors because they were literally the only ones that started recording the data as early as they did. Anyone else who claims to have an equivalent data set just won’t have the same amount to provide.
Re: Show HN: Can’t afford Bloomberg Terminal? No prob, I built the next best thing
#298I was looking at the various APIs the project sources for data and was wondering does Bloomberg aggregate data sources from other vendors or does Bloomberg produce it's own market data for their terminals?
Most of the data on Bloomberg or any other market data terminal is going to from another data source. Either from an exchange, ratings agency, SEC reports, price reporting agencies, etc. They’ll also have proprietary data that are exclusive to their platform.
Re: Show HN: Can’t afford Bloomberg Terminal? No prob, I built the next best thing
#299I’m not a coder. This looks awesome and I’d really love to try it. Can anyone tell me how to get this working or point me to a set of instructions? I see the code and read me on GitHub but don’t know what to do next. Thank you.
From a quick glance, the first thing you'll need to do is install Python for your platform. There are a bunch available, but for Windows I usually recommend WinPython. This one should be good: https://sourceforge.net/projects/winpython/files/WinPython_3... . Run that and select an empty folder to install it into. When it's done, open the folder and run the "WinPython Command Prompt". Once you have that, download the…
n00b here as well...
WinPython install completed. Ran WinPython Command Prompt. Extracted zip folder to WinPython folder. Typed in "cd Gamestonk Terminal" (with and without "s). Result: The system cannot find the path specified. Terminal seems to have opened with scripts folder in command line.
Any ideas?
Re: Show HN: Can’t afford Bloomberg Terminal? No prob, I built the next best thing
#300Earlier quoted context omitted.
From a quick glance, the first thing you'll need to do is install Python for your platform. There are a bunch available, but for Windows I usually recommend WinPython. This one should be good: https://sourceforge.net/projects/winpython/files/WinPython_3... . Run that and select an empty folder to install it into. When it's done, open the folder and run the "WinPython Command Prompt". Once you have that, download the…
n00b here as well... WinPython install completed. Ran WinPython Command Prompt. Extracted zip folder to WinPython folder. Typed in "cd Gamestonk Terminal" (with and without "s). Result: The system cannot find the path specified. Terminal seems to have opened with scripts folder in command line. Any ideas?
NM, I just copied the GS folder contents into the scripts and ran the requirements.txt.
Thanks for your post though!