Monday, November 7, 2011

I don't get the Bloomberg terminal

Information is either on the web or it isn't. If its on the web, then I have access to analytic tools just as good as Bloomberg or better. If its off the web and Bloomberg gets inside info early, then you are paying for insider tips.

So Bloomberg isn't selling terminal service at $1500/yr because it has better software, it is $1500 because it transmits insider information. Bloomberg has the Murdoch thing going, it has illegal pipes into executive information, another rigged game.

No comments: