Comment by JumpCrisscross

> I’m not in the trading world

I was. Algorithmic derivatives. The rich kids went into banking. Their connections bought deal flow. Those of us from public universities mostly went into trading. It’s why it’s been looked down on within Wall Street since basically ever.

> I’ve only ever seen Bloomberg terminals outside of office settings in the apartments of wealthy children

Parents buying their kids Bloomberg terminals aren’t looking for them to get into trading, they’re training them to start a hedge fund.

(I’d also guess a minority of folks with a BB are traders. It’s really more of a vetted calling card.)