Best Thomas Peterffy Quotes : The insight and experience of others is a valuable source of inspiration and motivation. And learning from successful leaders and entrepreneurs is a fantastic way to grow, and today we are interested in the best quotations and proverbs said and written by the famous Businessman Thomas Peterffy.
Even if one cannot sum up the life of Thomas Peterffy with famous quotes and phrases, some motivational quotes, inspiration and life proverbs should be known, not only to fans, but also to the general culture.
So in this post, we offer you a handpicked selection of the best +10 Thomas Peterffy quotes, with text and images to motivate and encourage you to achieve your goals and to help you stay focused throughout the day!
Short biography : Who is Thomas Peterffy ?
Thomas Peterffy (born September 30, 1944) is a Hungarian-born American billionaire businessman. He is the founder, chairman, and the largest shareholder of Interactive Brokers. Peterffy worked as an architectural draftsman after emigrating to the US, and later became a computer programmer. In 1977, he purchased a seat on the American Stock Exchange and played a role in developing the first electronic trading platform for securities. According to Forbes he is the richest Hungarian, and the richest person in Florida.
- Thomas Peterffy
- Businessman
- Birth place :
Peterffy was born in Budapest, Hungary on September 30, 1944, in a hospital basement during a Russian air raid. His father emigrated to the US after the failure of the Hungarian Revolution in 1956. Thomas Peterffy, who went by Péterffy Tamás at the time, left his engineering studies in Hungary and emigrated to the United States to rendezvous with his father in New York in 1965. When his father, who was living with his second wife, did not have room to accommodate his son; he gave Thomas $100 and told him to make something of himself. There he began the journey that would make a multi-billionaire out of a penniless refugee.
In 1999, Peterffy was influential in persuading the Securities and Exchange Commission (SEC) that US options markets could be linked electronically, which would ensure that investors receive the best possible options prices. He has also testified before the United States Senate Banking Subcommittee on Securities, Insurance, and Investment about adding banking regulations.
During the 2012 United States presidential campaign, Peterffy created political ads in support of the Republican Party. Peterffy bought millions of dollars of air time on networks such as CNN, CNBC, and Bloomberg. The ads consisted of a minute-long spot narrated by Peterffy that warned against creeping socialism in the United States. The ads were considered remarkable in part because Peterffy was not a candidate and did not buy the ads through a 527 group but instead paid for them directly.
In the spot Peterffy said, “America’s wealth comes from the efforts of people striving for success. Take away their incentive with badmouthing success and you take away the wealth that helps us take care of the needy. Yes, in socialism the rich will be poorer±but the poor will also be poorer. People will lose interest in really working hard and creating jobs.” Peterffy did not directly mention Republican presidential nominee Mitt Romney or Democratic President Barack Obama, but clearly favored the former.
Peterffy’s ad received mixed responses. Joshua Green, writing for Bloomberg Businessweek, said “The ad, while slightly ridiculous, is deeply sincere and also quite affecting.” Green also asked Peterffy whether the comparison between the United States and Hungary made in the ad was a fair one: ” couldn’t really think that the U.S. was turning into socialist Hungary, could he? The government isn’t suppressing speech and throwing political opponents in jail. No, he conceded, it wasn’t. But it sure feels like that’s the path we’re on.” Politico reported that the ad was “being hailed as one of the best spots this election cycle”, and said that it could have been influential in Ohio due to its large Hungarian American population.
Voter registration records in Connecticut show that Peterffy has been registered as an independent voter. Campaign contribution records show that he donated at least $60,000 to the Republican National Committee in 2011 and that over the past few years (as of 2016) has mostly donated to Republican candidates.
During the 2016 presidential election cycle, Peterffy donated $100,000 to the campaign of Republican nominee Donald Trump.
+10 Best Thomas Peterffy Quotes, inspiration and Motivation with photos (2020)
Never bend the rules. You bend the rules a little bit and then it’s a slippery slope.
America’s wealth comes from the efforts of people striving for success. Take away their incentive with badmouthing success and you take away the wealth that helps us take care of the needy.
Yes, in socialism the rich will be poorer – but the poor will also be poorer. People will lose interest in really working hard and creating jobs.
I had an extremely boring time doing 20 to 30 trades a day while everyone was talking about baseball or basketball. So I stood there fantasizing about a device that could do the same thing I was doing.
My charitable donations go to educational efforts, such as Teach for America, Vanderbilt University, Berkshire School.
It seems like people don’t learn from the past.
Some traders still think that a computer could not trade as well as they can.
You win a few, you lose a few.
The rich support the poor primarily via taxes.
I paid $1.9 billion in taxes in my lifetime.
Even the world’s most successful individuals like Thomas Peterffy have experienced their fair share of setbacks and hardships. And there’s much to learn from their challenges as well as their success.
Life throws curveballs. And while there might be blockers to success, it’s imperative to keep pushing with the knowledge mistakes will be made and failure is inevitable.
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