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Gloomberb

gloom.sh

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Re: Gloomberb

#181

Post by ConcernedCoder »

pizzalife wrote: post #57
ryukoposting wrote: post #40

Earlier quoted context omitted.

Asked a dear friend in the finance industry what he thought about Bloomberg. He's the type of guy who uses these systems daily. Mostly paraphrasing: 1) Bloomberg was lightyears ahead of anything else in the pre-internet days, so there's a lot of UI familiarity. 2) Bloomberg's chat is important because, as a hedge fund or investment bank, the chat is how you buy and sell bonds. You agree to the trade in the chat, then…

It's funny to think some of the world's largest trades are being done in something that resembles a game's tradechat. (WTS bonds)

Unlocked a core memory for me!

Anyone else old enough to remember scripting a tradebot in Asheron's Call?

Re: Gloomberb

#182

Post by wavemode »

resters wrote: post #118
traceroute66 wrote: post #51

Earlier quoted context omitted.

> They're paying for the data source Yup. If you want fixed-income data, Bloomberg is the only shop on the street data-wise. If you want other financial data, Bloomberg's fixed entry-point pricing tends to make more sense in terms of bang for buck than its competitors modular price sheets. People saying Bloomberg is just about the chat are simply embarrassing themselves. Look at the price sheets of Eikon, Factset, Ca…

It's a bit ironic that in a country with free markets , so much of the data that is relevant to modern finance is proprietary and quite expensive. The exchange/marketplace is the oldest business in the world. How absurd that in 2026 seats on exchanges cost millions and the entities that control exchanges are mechanisms of gatekeeping rather than quality control -- the cronyism shown to SpaceX reveals just how corrupt…

A stock exchange is nothing more than a marketplace. Anyone can start their own (the challenge being, getting a bunch of companies to want to list their stock with you).

That freedom is actually why it's hard to create a Bloomberg competitor - in order to provide their data stream, Bloomberg has to have partnerships with hundreds of companies worldwide who run exchanges for stocks, bonds and other instruments. If exchanges were government-controlled rather than free-market, there would be more centralization and getting the data together would be easier.

Re: Gloomberb

#184

Post by wyre »

graemep wrote: post #177
grigri907 wrote: post #102

Earlier quoted context omitted.

I assumed they were referring to market crashes caused by irresponsible levels of risks and deceptive practices like we saw in 2008, and/or government-funded bailouts

That was not caused by trading. It was caused by irresponsible lending and deceptive securitisation of that debt. Trading can bring down a bank (e.g.Barings) but is not a big systemic risk.

Is lending not a trade? Two parties exchange money for terms of repayment/debt.

Re: Gloomberb

#185

Post by storus »

nemomarx wrote: post #167
storus wrote: post #104

Earlier quoted context omitted.

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.

If fundamentals matter for stock performance, sure yeah. I would be interested to see the results of trying that against the kinda alpha wall street uses usually

Some folks do fundamental analysis, some do technical analysis, most do a mix of those. You don't need Bloomberg terminal to extract fundamentals nor alpha. Maybe a better example would be S&P Capital IQ - you can essentially replace it with agents doing the web searches and extractions for you. Another 20-50k saved.

Re: Gloomberb

#187

Post by cube00 »

springtimesun wrote: post #71
grahammccain wrote: post #65

I 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…

My observation is that finance and banking and corporate functions high enough up the ladder operate more like a clubhouse than cutthroat businesses. You’d think all you need to do is make a better interface, but if you’re not part of the club, you’re not doing the business (or even getting shot at it).

"It's a big club and you ain't in it."

Re: Gloomberb

#188

Post by rdiddly »

nancyminusone wrote: post #145
rdiddly wrote: post #50

Useful 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

Yes and with an avian messenger

Re: Gloomberb

#189

Post by Revanche1367 »

nancyminusone wrote: post #145
rdiddly wrote: post #50

Useful 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

Very fitting then!

Re: Gloomberb

#190

Post by qurren »

slowin wrote: post #64

I really wish people would mention their stack when they have these curl install scripts. I'd rather use a real package manager, but I'm not totally against installing a compiled binary this way. I am, 100%, not going to install some Java/Type-script nightmare like this though. How is it resolving the dependencies? Is it installing some version of node, bun... on my machine? How's that working with other versions I h…

You can always bundle the runtime for interpreted languages and pretend it's compiled.
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