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As long as the vice-grip that Bloomberg holds on the sell side, namely the proprietary messaging platform used and loved by the buy side , the proprietary VWAP calculation which the buy side depends on and the benefit of a well-run and well-oiled machine vis a vis Thonson Reuters , innovation will likely be small steps in short bursts. I deserve to be rich if thinking about trading and investing and working hard were all that mattered. That being said, i'm fairly sure you're right about touch computing changing the game in finance, but i'm skeptical as to whether our friend Steve will be the right platform for that.
I'm tempted to guess that aside from Android and an inevitable Windows-Tablet, Bloomberg's future and that of other market data juggernauts Thomson Reuters, FactSet, even eSignal amd TradeStation will be in touch as well.
It'll be interesting to see how it plays out and where StockTwits ultimately finds itself in the mix. But, um, no. If you believe that computers are devices on which people express themselves and get work done, with words as well as pictures and finger-painting, then you know this device is a massive fail.
Or, for that matter, play on it. Without massive financial sector seizure etc. April will feel a lot like every other month for the last couple years, except for those of sufficient disposable means and insufficient preoccupation with reality to find themselves engorged over a 3G Etch-a-Sketch for arrested tweens.
Perhaps I am. Nonetheless: much of what I had to say had nothing to do with smarts, or investing, but with the utility and value of a device people have been calling game-changing for about 9 months more than it existed publicly. That has nothing to do with storytelling, intelligence, or investing though might inspire some speculation.
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