Hungarian - Businessman | 1944 -
Self-discipline is what separates the winners and the losers.
Thomas Peterffy
Self-DisciplineWinnersLosers
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.
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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.
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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.
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Software makes the world go round.
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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.
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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.
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Some traders still think that a computer could not trade as well as they can.
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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.
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It seems like people don't learn from the past.
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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.
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You win a few, you lose a few.
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