> I think that 95% of the data in bloomberg terminal isn't needed for the common investor.
You'd be surprised.
For example, good old fundamental data.
The cheap competitors won't give you full coverage.
For example, little (but important) details based on adjustments detailed in financial footnotes. That won't be there on the cheap sources, but it will be on Bloomberg/Refinitiv and not only that but they will let you click through to the actual precise location in the source content so you can trace where they got the number from.
You'd be surprised.
For example, good old fundamental data.
The cheap competitors won't give you full coverage.
For example, little (but important) details based on adjustments detailed in financial footnotes. That won't be there on the cheap sources, but it will be on Bloomberg/Refinitiv and not only that but they will let you click through to the actual precise location in the source content so you can trace where they got the number from.