David Senra presents the life story of Thomas Peterffy, the 81-year-old founder of Interactive Brokers, drawing heavily from a profile written by Dom Cook of Colossus. The episode chronicles Peterffy's early life in post-war Budapest, his immigration to America, and his pioneering work in automated trading. Starting with his early business ventures as a child, the episode details his work at an engineering firm, his introduction to finance, and his eventual founding of Timber Hill and Interactive Brokers. It highlights Peterffy's innovative solutions to challenges, such as inventing the first handheld trading computer and his unique approach to automating trading systems, which led to Interactive Brokers becoming a major player in the financial industry. The episode also touches on Peterffy's philosophy of automation, his decision to take Interactive Brokers public, and his continued involvement in the company.
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