Thomas Peterffy - INTERACTIVE BROKERS

Quote from piezoe:

Your comment re the Peterffy ad being unprofessional really surprised me, and illustrated for me how differently two people looking at the exact same ad can parse it in their minds. When I saw it, I thought it was both professional and very effective because of its personal touch and because it is a break from the usual mold of political ads.

Oddly, Peterffly wants us to associate communist socialism in Hungary of the late 1940's with a 21st Century U.S., somehow as if the most thoroughly capitalist nation the world has ever known was in danger of becoming communist. Because of this [imaginary] danger he is voting Republican. Curiously, if you simply alter his final words to say instead: "That's why I'm voting Democrat." The ad becomes just as effective in the other direction.

Oldtime's rather hilarious examples of would-be, personal, political ads illustrated, for me anyway, how we are seldom given any rational reason for voting one way or another in a political ad, but the ads apparently still work because we are such irrational and susceptible targets for the expert psychologists of Madison Avenue.

Thanks for the civil reply. I agree that it wasn't a typical political ad and Peterffy actually is fairly decent.
I just found the scare-tactics too far fetched, as you pointed out as "imaginary danger". Republican and Democratic parties aren't that different, neither really follows the teachings of Hayek or any other free-marketeer.
I find it problematic if a CEO uses his corporate identity to present political ads, there might be far fetched consequences for the clients. I just think no-ads is better than ads.
 
Quote from d08:

Thanks for the civil reply. I agree that it wasn't a typical political ad and Peterffy actually is fairly decent.
I just found the scare-tactics too far fetched, as you pointed out as "imaginary danger". Republican and Democratic parties aren't that different, neither really follows the teachings of Hayek or any other free-marketeer.
I find it problematic if a CEO uses his corporate identity to present political ads, there might be far fetched consequences for the clients. I just think no-ads is better than ads.

" Republican and Democratic parties aren't that different, neither really follows the teachings of Hayek or any other free-marketeer."
above is exactly why the US is in an economic mess.

"I find it problematic if a CEO uses his corporate identity to present political ads, there might be far fetched consequences for the clients."
it seems far fetched but assuming it is true does it follow that leaders in the financial industry should be muzzled in expressing their opinions?
 
Quote from zdreg:

the quote was from you and was in response to your post therefore what conclusion can one draw?

indeed...and that is the reason I asked?...specifically what are you referring to, when you say "no wonder..."

What specifically triggered your comment?

Thank you.

I must be next!
 
Quote from zdreg:

" Republican and Democratic parties aren't that different, neither really follows the teachings of Hayek or any other free-marketeer."
above is exactly why the US is in an economic mess.

"I find it problematic if a CEO uses his corporate identity to present political ads, there might be far fetched consequences for the clients."
it seems far fetched but assuming it is true does it follow that leaders in the financial industry should be muzzled in expressing their opinions?

NOT muzzled....just smart about business and the business/company/institution they represent. As a business person you do not want a backslash against your product or service. So you stay out of it! Business logic.

Unless you can name some CEO's making political commercials, that maybe we have missed.
 
On just this last post when I wrote..."So you stay out of it"; it is obviously meant so, you, as the CEO or business leader, stay out of politics, in general.

On another note.....crickets!!!
 
"Mr. Peterffy said he believes any effect on the business of Interactive Brokers, which reports third-quarter results Tuesday, will be a wash.

“There will be people who will not like it counterbalanced by people who will,” he said in the email. “As long as I do not get knocked off or have a regulatory crusade against me I’ll be fine.”
 
Quote from zdreg:

"Mr. Peterffy said he believes any effect on the business of Interactive Brokers, which reports third-quarter results Tuesday, will be a wash.

“There will be people who will not like it counterbalanced by people who will,” he said in the email. “As long as I do not get knocked off or have a regulatory crusade against me I’ll be fine.”

That's an awesome response. I really like this guy!

Surf:)
 
Back
Top