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by ravenstine 151 days ago
> There’s only one problem with the Bloomberg Terminal — it’s fucking expensive. And old. And clunky.

Yes and no.

Obviously I have nowhere near the wealth to afford a Bloomberg Terminal, but an ex of mine had a father who has one. He told me that the terminal itself is kinda bullshit but the real value from it came from the fact that it essentially provides a way for you to network with other wealthy investors. The terminal itself, according to him, is pretty ornamental these days.

I won't actively defend his opinion if someone here knows better, but what he said made sense based on what I saw of it.