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.

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.

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.

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.

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

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.

The rich support the poor primarily via taxes.