There's a private Craigslist inside Bloomberg terminals where Wall Streeters are selling everything from Ferraris to Italian castles

the wolf of wall streetParamount

Thousands of people use a Bloomberg terminal every day to do their jobs. It's one of the most useful machines in the world, and the workhorse of the financial industry, with up-to-the-second data and news from around the world.

The terminal, which costs more than $20,000 a year, has some extremely handy functions, such as stock quotes, financial analysis, and an instant messenger that some people could not do without.

But there's another, lesser-known function — aptly named POSH — that allows Bloomberg users to list anything they want to flip for some cash.

We went through the listings to find the most opulent and ridiculous items and services for sale right now. Here are (just a few) of our favorites.

An Italian castle

Shutterstock

Price: €16,500,000

For the low price of roughly $19 million, this Calabrian castle can be your new home — or, you know, your second, third, etc.

This "medieval castle in the mountains" has a pool, an olive orchard, a vineyard, views of the sea, and even a working dairy with 30 cows on 100 acres of land.

Price got you down? Don't worry — the posting says it's a "practical family get away."



An original Picasso painting

Christie's Auction House

Price: $100,000

Need some new decor for your home? The Bloomberg terminal has you covered. This 1962 Picasso is from a set of 50 similar paintings. This one is dedicated "pour Ynes Picasso."



A 2012 Ferrari California

Ferrari

Price: £109,995

According to Business Insider's in-house Ferrari expert, Matthew DeBord, this might be a pretty good deal.

The starting price of the California T, the company's "entry-level" car, is $198,000. This 2012 model, in red, has 7,600 miles under its hood and is going for just about $145,000 at today's exchange rate.




See the rest of the story at Business Insider

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