> a Bloomberg terminal $30,000 including data feeds > market data feeds you need $25,000/year for basic market data and fundamental data that you are allowed t

> a Bloomberg terminal $30,000 including data feeds > market data feeds you need $25,000/year for basic market data and fundamental data that you are allowed to warehouse(you can't store data you get from the Bloomberg terminal). Total nitpick: you can get those using soft dollars. But your numbers are spot on. In my job we estimate running a hedge fund with AUM < 250MM is just not worth it.