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Comment Re:WTF is a Bloomberg Terminal? (Score 1) 61

In finance, basically all data is bad quality. That is because there's some many arbitrary and non standard things that happen like corporate events, that can mean that a small percentage of the data is broken - which is unacceptable in finance.

Bloomberg is basically the only place that has perfect data. Perfect. It is the standard of truth.

And this is exactly why Perplexity wont be able to beat it. Bloomberg doesn't make money from the terminal software. It makes money from the proprietary data the terminal gives access it.

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