Wilfred Frost interviews Thomas Peterffy, the founder of Interactive Brokers, discussing his background, the growth and guiding principles of his company, and his views on the markets. Peterffy shares his experiences growing up in socialist Hungary, which shaped his belief in capitalism, and how technology and customer focus have driven his business success. The conversation covers topics such as the current bull market, AI, national debt, the differences between retail and institutional investors, ETFs, crypto, and prediction markets. Peterffy also offers advice on long-term planning and sticking to one's convictions in business and investing.
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