Quotes from Howard Lutnick

The idea that big buyside firms are going to come in and trade mano-a-mano with high-frequency trading firms shows a lack of knowledge of the business.

For us to be successful, we have to kick our competitors' butt.

You have to give people more than one chance. We hire people in job A, and if it doesn't work out, we try them on job B. We'll generally give them three different tries. You have to be more committed to training, but you know they have the right stuff because someone you think highly of has recommended them.

People don't value strongly enough how much time they spend in the office. Imagine you could work with people you love - wouldn't work be great and staff turnover be lower? And your productivity higher?

When you take away all the people whose shoulders a CEO stands on, the CEO is just a person.

Dead-low interest rates are great for stocks. They don't run up, they creep up.

eSpeed took the worst that the world could dish out, and it still stood and performed.

What people really haven't thought about with real estate is, if you get tax reform, you're going to see real estate now... the velocity of selling and buying real estate will just kick.

Washington is not the engine of the economy.

After Hurricane Sandy, we adopted 19 elementary schools in tough neighborhoods. We took each kid in those schools and gave the family a prepaid Visa card.