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Stiglitz, Joseph Society. Personalities Rickards, James

Thomas Peterffy

Thomas Peterffy is the founder and head of Interactive Brokers (Nasdaq: IBKR) and played a key role in founding the Boston Options Exchange.

Born: 1944; Budapest, Hungary

Thomas Peterffy was born in Budapest, Hungary in 1944. He was born in a hospital basement during an air raid on Budapest.

He immigrated to the United States in 1965. When he first moved to New York City, he did not speak English.

At some point he became a computer programmer and designed commodities trading software. Later Thomas purchased his own seat on the American Stock Exchange and began trading options.

US is now tending Soviet's way both structurally and culturally

On October 10th Interactive Brokers Group founder and CEO Thomas Peterffy posted a video to his eponymous YouTube account titled “Freedom To Succeed.”

<…>

Though he [Thomas Peterffy] stressed in our conversation on Monday that the United States clearly does not currently resemble the dystopian nightmare that was the Soviet bloc, he is concerned that the nation is now tending that way, both structurally and culturally.

<…>

In his words, “when 50% of the population is on government subsidies, which may happen in the next four years, it may be too late to do anything about it.”

Edwin Durgy
Billionaire Thomas Peterffy Publishes
Anti-Socialism Political Advertisement
Forbes (Oct 15, 2012)

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