The story goes that one of Charlie's distant relatives had cornered some part of the 1920's shoebutton market. Back then, shoebuttons were smallish ornaments you put on your shoes.
The success entitled the prince to pontificate on any and all things in unlimited fashion--especially those outside the realm of shoebuttons.
Although, having worked in municipal finance on the Street for a couple years (somewhat back office, somewhat deal support) I can honestly say that a lot of the systems and information in certain sectors is pretty dated. As in, not very good by modern standards. The MSRB is trying with EMMA - but because there's no fiscal / competitive reward like in Bloomberg's info providing case, rather it's for regulatory and market stability - but a lot of stuff was still pretty old school.
I've designed an "Information as a Service" program targeting some of the most lucrative sectors in public finance (construction, transportation, education, etc) but still haven't mastered the design / handshakes with needed sources (ex. Thompson Reuters) to really call it ready to debut. Another issue is finding the right price point - Bloomberg's got a racket going, I'd just want to hit a good spot where most businesses could afford access, or put it at a value premium where having the information before others (arranged/conditioned by the system) would be worth larger expense. Eh, good times!
For example: * Magazines provide content in their subject area. * Yahoo: provides content apps and content.
Not coincidentally, that's why I take his pontificating about finance and economics with a grain of salt - he was a tech savvy info delivery man who lucked into trapping people into a dog-shit ugly, expensive, and industry ubiquitous device.
It's along the lines of "I'll view Google as more than just an extremely successful ad agency when they make money on their other projects" which might not seem fair, but cuts through a lot of the enigma-like perspectives regarding tech firms.