Gloomberb
161–170 of 249 posts
Re: Gloomberb
#162Earlier quoted context omitted.
That should have been obvious from the mere fact that the bottom rungs are almost completely populated by silver-spooned nepo-babies.
> the bottom rungs are almost completely populated by silver-spooned nepo-babies You’re thinking of investment banking, corporate finance. Trading has always been the place folks from less privileged backgrounds got into finance. In the old days, Jews. (Like, into the 50s.) In the 80s, poor schmucks.
I’m not in the trading world though so I haven’t met the ones that don’t fit this description.
But exactly zero of the people I know who were raised in either poverty or mediocrity are traders or involved in finance, aside from maybe accounting.
Of course, this is all anecdotal - but I’ve only ever seen Bloomberg terminals outside of office settings in the apartments of wealthy children.
Perhaps things were a bit different decades ago, in the scrappy past, but it feels like most higher earning spheres are closing in around pre-existing wealth.
Re: Gloomberb
#163Earlier quoted context omitted.
Curious what you consider those that aren't 100% 'slop', aside from the common ones. Because I'm starting to see the word 'slop' as a synonym for: "This person may or may not have used AI to build software and I don't like it"
Slop is slop when the author could not have done it without the AI. https://simple.wikipedia.org/wiki/Hacker_koan#:~:text=%E2%80...
> Slop is slop when the author could not have done it without the AI.
For Vim (1.) and Linux's AI adoption policies, there are some contributors who couldn't have made a PR / patch without AI. Are Vim and Linux now considered slop because they allow AI contributions?
(1.) https://github.com/vim/vim/blob/master/CONTRIBUTING.md#using...
Re: Gloomberb
#164Useful on its own merits. Everybody who's distracted by the name and can't get past it, there's a thread developing here somewhere, where they're comparing it to Bloomberg.
the name makes it seem like it only delivers bad news
Re: Gloomberb
#165Earlier quoted context omitted.
> the bottom rungs are almost completely populated by silver-spooned nepo-babies You’re thinking of investment banking, corporate finance. Trading has always been the place folks from less privileged backgrounds got into finance. In the old days, Jews. (Like, into the 50s.) In the 80s, poor schmucks.
I know a lot of traders from both university and growing up around rich kids. Their parents are invariably very wealthy. They were the ones who had the time and safety net to sit around on computers all the time (like me becoming a programmer) I’m not in the trading world though so I haven’t met the ones that don’t fit this description. But exactly zero of the people I know who were raised in either poverty or medioc…
I was. Algorithmic derivatives. The rich kids went into banking. Their connections bought deal flow. Those of us from public universities mostly went into trading. It’s why it’s been looked down on within Wall Street since basically ever.
> I’ve only ever seen Bloomberg terminals outside of office settings in the apartments of wealthy children
Parents buying their kids Bloomberg terminals aren’t looking for them to get into trading, they’re training them to start a hedge fund.
(I’d also guess a minority of folks with a BB are traders. It’s really more of a vetted calling card.)
Re: Gloomberb
#166Re: Gloomberb
#167Yeah... people aren't paying Bloomberg $31,980 per year for a TUI. They're paying for the data source... and I don't think you have Bloomberg's connections.
Can't you just use a bunch of agents to extract financial statements from company websites the moment they are published? OK, no insider info but you can still do quick agentic fundamental analysis and decide which companies are interesting.
Re: Gloomberb
#168Earlier quoted context omitted.
I don't know man, seems like a cool project and is open source. I guess he could have just sat on it and used for himself exclusively. It's auditable and totally fine for an open source project and nobody is forced to use it. It's free to use under the MIT license, what else can you really ask for.
https://gloom.sh/cloud Is it? I see some kinda subscription, so there's gotta be some non MIT portion of it
Re: Gloomberb
#169I don't think the finance field needs a better bloomberg, I think the whole interface and everything needs to be rethought. Part of the moat is the data, and data access. But I think we need to completely reimagine the terminal interface and interactions with the introduction of AI. The finance industry probably will be slow to adapt, but I genuinely think someone could completely disrupt 99% of the wall street busin…
Not particularly. I don’t think Bloomberg has any super-proprietary data. It’s more like Excel. There is a command or two that is so weirdly niche specific that some user somewhere really needs. And it has a social network.
Bloomberg, as it is, will probably work as long as humans are in the loop in trading financial assets.