Bloomberg Terminal

“Truly remarkable for their time.”

“the data quality, and the data quality processes, are a large part of what you pay for”

“a trader who knows where everything is can scan a lot of information very quickly”

“Its breadth and depth - it's about being able to see a forward for ISONE Vermont Pk power prices, swaptions on uk gilts”

“their customer support is absolutely excellent”

“It has an enormous amount of data of all kinds that could be vaguely relevant in finance.”

“Bloomberg has its own news collection and analysis operation, bigger than almost all US newspapers.”

“Structured, deep and wide”

“At $32,000 a year per person the Bloomberg Terminal is a deeply unfair advantage for the rich to get richer.”

“$25,000 annually is brutal if you're not a broker-dealer”

“Love how those dense screens make numbers checkable at a glance”

“This is crazy simple to learn and use.”

“I have never used bloomberg but my understanding is it has history, network effects and great data.”

“You don't need Bloomberg terminal to extract fundamentals nor alpha.”

“Combined with the data and news and you got yourself a hell of a platform”

“There are alternatives that cost much less than 30k per year for just stocks.”

“It brings data sources into one place.”

“it's correct, it just works”

“Making a bad trade or missing a good one due to delaying data or bad data can pay for several years worth of bloombergs”

“bbg is still an extremely attractive data provider”

“If you want fixed-income data, Bloomberg is the only shop on the street data-wise.”

“if bloomberg can give you an edge on just one or two trades a year, you come out ahead”

“Bloomberg was lightyears ahead of anything else in the pre-internet days, so there's a lot of UI familiarity.”

“Bonds and Fixed Income: It provides the best data for interest rates and debt markets.”

“The same goes for the supposedly "bad" Bloomberg terminal.”

“Bloomberg UIs generally do quite a good job of making the functionality scale”

“Many of these have atrocious interfaces. I pay because they solve real problems in the real world for me.”

“Bloomberg cover this space with way more depth”

“Your hands never left the keyboard, and that was the point”

“They publish billions of ticker items in near real time simultaneously to all their users”

“There are a ton of existing tools and services that seek to answer the first question reasonably well”

“That's because Bloomberg's moat is their data, latency, and people.”

“A fever dream in shades of orange, black and blue.”

“but were still incredibly useful/valuable”

“It's the information sources and validation that makes it worth the price.”

“that $18,000-$24,000 bloomberg terminal had a 300bps modem”

“They even bumped up our prices from $25k to $36k annually.”

“It was always a melange of ancient Fortran tabbed forms with never-to-be-fixed bugs and newer consistent TUI.”

“A single $250 payment per head for training is quite cheap if you consider the hours saved at not waiting for awfully slow SSO redirections”

“that came at the expense of a steep learning curve”