171–180 of 232 posts
An alternative to Bloomberg Terminal, on the research side, is Tiingo, an amazing financial data portal. They ask that if you use it, you pay a minimum of $7 per month, though that is not currently enforced.
It seems as if there's a lot of behind the scenes data aggregation and analytics, which is good. But surely somebody has created a cheap variation on the rest of it? I.e. software with keystrokes to quickly access open financial data? I mean there's nothing to stop someone doing that, getting custom keyboards made, and selling it for a tiny fraction of the price right? I'd imagine that there are quite a lot of people…
There's Eikon from Thomson Reuters, which is considerably cheaper
Earlier quoted context omitted.
Oh. I'm European and I always wondered why in practically every American criminal-spy-scifi-investigative-themed TV show or movie there are people sitting at magical, proprietary computers able to find strange pieces of (personal) information in no time (but obviously always complex to use, because other characters don't know how). I didn't know about the "Bloomberg Terminal" before, but now that makes a lot more sen…
Bloomberg delivers financial information, not information on every individual.
For example:
The best way to think about the Bloomberg terminal is a web browser that connects you to a private network. (Bloomberg actually is the largest known private network.) Once connected, you have access to thousands of "web apps" - which Bloomberg users call "functions". Instead of a URL, you use a short 2 to 5 letter mnemonic code for each function, such as "MSG" for email, or "TOP" for top news. These different functio…
Your remark about Bloomberg being the largest private network is interesting. By what measure it is the largest (#people, #machines, miles of links?) and which ones count as private?
I could buy largest private financial network, but it's hard to verify a claim like this when the Chinese network behind the great firewall could be considered a private network (measuring by the intent rather than the implementation).
Wow, great comments about Bloomberg. It makes me wonder, is there similar system for Cryptocoins traders?
Earlier quoted context omitted.
I have gone from Textmate to Sublime to Atom and finally took the time to properly learn vi. vi has made my typing so vastly more efficient that I can't imagine to ever use anything else again. I guess you have never really used vi to make such a comparison, same as op has probably never used the Bloomberg Terminal.
Do you feel that way about generic text or code in particular? I haven't seen Intellisense or project templating for, say, F# at the same level as a VS Code. Does this exist? I'd love to move more to Vim!
The best way to think about the Bloomberg terminal is a web browser that connects you to a private network. (Bloomberg actually is the largest known private network.) Once connected, you have access to thousands of "web apps" - which Bloomberg users call "functions". Instead of a URL, you use a short 2 to 5 letter mnemonic code for each function, such as "MSG" for email, or "TOP" for top news. These different functio…
Your remark about Bloomberg being the largest private network is interesting. By what measure it is the largest (#people, #machines, miles of links?) and which ones count as private?
It brings together a vast variety of otherwise extremely hard to find information. The keyboard is specialized because it literally reduces the number of keystrokes required to quickly access financial information. This is a business where seconds matter - even when you have humans talking to other humans to negotiate trades. Literally almost every piece of useful financial information is available via bloomberg. And…
This is hyperbole, I've worked on dev side in finance a while now and bloomberg data is often unreliable, everywhere I've worked people have built layers on top of it, checking vs other sources and fat fingers. Also I'm actually currently working for some oil guys and they use bloomberg for some things but use specialist providers for oil macro, shipping and refinery events. I'd say their main advantages are familiar…
What I love about HN. I read one thing that sounds great and authoritative in a subject that I know nothing about. Just to have someone else rain on the parade! Which point of view is correct? I don't know (so I upvoted both..)
Earlier quoted context omitted.
Your remark about Bloomberg being the largest private network is interesting. By what measure it is the largest (#people, #machines, miles of links?) and which ones count as private?
SIPRNet is probably an order of magnitude larger with over four million users [1]. Even more impressive considering it isn't connected to the Internet. [1] https://en.m.wikipedia.org/wiki/SIPRNet
Maybe it's mostly using satellite connections?
Seems like there'd be many times (particularly in the US) where tunneling an encrypted connection over a civilian ISP would be worlds better than the next best option. Maybe not even at the IP level, but a dedicated wavelength on some existing AT&T fibre, for example.
Another killer feature was that there were addins to excel spreadsheets.
Now, there are probably competing products, but Bloomberg has a large user base who are very familiar with its product.