Best Quotes from Thomas Peterffy

By | April 18, 2019

Self-discipline is what separates the winners and the losers.

Thomas Peterffy

It was a big deal to leave home and my culture and my language. But I believed that in America, I could truly reap what I sowed and that the measure of a man was his ability and determination to succeed. This was the land of boundless opportunity.

Thomas Peterffy

Software makes the world go round.

Thomas Peterffy

It seems like people don’t learn from the past.

Thomas Peterffy

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.

Thomas Peterffy

Some traders still think that a computer could not trade as well as they can.

Thomas Peterffy

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.

Thomas Peterffy

Never bend the rules. You bend the rules a little bit and then it’s a slippery slope.

Thomas Peterffy

What I am objecting to is linking bitcoin and other cryptocurrencies by federal regulations to the real economy, which would happen if we were to clear bitcoin along with other products in the same trading house.

Thomas Peterffy

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.

Thomas Peterffy

I grew up in a socialist country. And I have seen what that does to people. There is no hope, no freedom. No pride in achievement.

Thomas Peterffy

I see no point in exchanging something that I understand, know, love and think will have a great future for something else that I know much less about.

Thomas Peterffy

You win a few, you lose a few.

Thomas Peterffy

The rich support the poor primarily via taxes.

Thomas Peterffy

I paid $1.9 billion in taxes in my lifetime.

Thomas Peterffy

My charitable donations go to educational efforts, such as Teach for America, Vanderbilt University, Berkshire School.

Thomas Peterffy

Discipline is important for everything in life.

Thomas Peterffy

I don’t think my basic business strategy is well known by the public, probably because people think it’s too simple. My strategy has always been to try to focus in on a product or service where you can create a dollar of value for 20 cents and sell it for 40 cents.

Thomas Peterffy

I think bitcoin and other cryptocurrencies are great ideas. They should be allowed to be traded freely and used freely to find their appropriate role in the economy.

Thomas Peterffy

Advertising is so touchy-feely. You have to speak to the psyche of the people. I’m not very good at that.

Thomas Peterffy

The meaning of freedom is in the U.S. Constitution. Republicans want to live by the document’s original meaning.

Thomas Peterffy

Socialism and Communism are extremely attractive to a superficial observer. It is not until you get into the details, or actually experience it, that it becomes apparent that it does not work.

Thomas Peterffy

As a child, I grew up in fear. When I was four, all my other relatives were deported to the countryside, having to leave most of their personal belongings behind.

Thomas Peterffy

My mother had various jobs, from where she was regularly fired as politically undesirable. I often saw her crying and mumbling that we’ll starve to death.

Thomas Peterffy

I’m not connected to the Trump campaign in any way, shape, or form.

Thomas Peterffy

I don’t think there is anything unusual about a business losing money in certain years.

Thomas Peterffy

Everybody should pay taxes.

Thomas Peterffy

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