James Altucher
James Altucher (born January 22, 1968) is an American hedge-fund manager, author, podcaster and entrepreneur who has founded or cofounded over 20 companies.[1][2][3] He has published 20 books and he is a contributor to publications including The Financial Times, The Wall Street Journal,[4] TechCrunch, and The Huffington Post.
James Altucher | |
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James Altucher in London, 2018 | |
Born | |
Alma mater | Cornell University Carnegie Mellon University |
Occupation | Author, hedge fund manager |
Known for | Entrepreneurship, podcasting, blogging |
Notable work | The Power of No (2014) Choose Yourself (2013) |
Website | jamesaltucher |
Career
Altucher graduated from Cornell University with a bachelor's degree in computer science in 1989.[5][6] Altucher's first job after graduating was in the IT department at HBO. At one point, Altucher hosted an HBO program, III:am.[5]
In 1998, Altucher left HBO, sold a company he founded, Reset Inc., for approximately $15 million, and used the proceeds to fund new internet investments.[7][8] Altucher has said he began this period with $15 million and lost it all in two years, which led him to re-evaluate his approach to both business and life.[8] During this time, Jim Cramer of TheStreet.com hired him to write about stocks, and Altucher began trading for hedge funds.[5]
From 2002 to 2005, he traded for several hedge funds, and from 2004–2006, he ran a fund of hedge funds.[5]
In 2006, Altucher founded the financial social network, StockPickr.[9] The website was named one of Time Magazine's 50 Best Websites of 2007.[10] Altucher sold the company for $10 million in 2007.[7]
In 2017, he began advising on cryptocurrency investing,[11] despite having condemned Bitcoin in 2013 as "a fad, or a scam, or a ponzi scheme, or worse."[12] However, in May, 2013, he built a store to sell his book, "Choose Yourself" for Bitcoin a month before he released it on Amazon. He was interviewed by Business Insider about why he reversed his stance on Bitcoin.[13]
Altucher was a seed investor in Buddy Media, which later sold to Salesforce.com for $745 million in 2012.[5]
Podcasts
In August 2015, Altucher launched a podcast with Stephen Dubner, co-author of Freakonomics, called Question of the Day, based on questions from Quora.[14] Altucher also hosts The James Altucher Show, which has featured Tim Ferriss, Mark Cuban, and Arianna Huffington, among others.[15]
Authorship
The author of over 20 books, Altucher's work has appeared on The Wall Street Journal best-seller list and USA Today's list of best business books of all time in 2014.[3][16]
- What To Do When You Are Rejected? (2018) ASIN B0795WSQ7S
- Reinvent Yourself (2017) ISBN 9781541137134
- My Daddy Owns All of Outer Space (2016) ISBN 1540340961
- The Power of ASK: Ask for What You Want, Get What You Want (2015) ISBN 1401946216
- The Choose Yourself Guide to Wealth (2015) ISBN 150100994X
- The Rich Employee (2015) ISBN 1517088720
- The Power of No (2014) ISBN 1401945872
- The Choose Yourself Stories (2014) ISBN 1500193410
- Choose Yourself: Be Happy, Make Millions, Live the Dream (2013) ISBN 1490382887
- The Seven Habits of Highly Effective Mediocre People (2013) ASIN B00C4E1FDG
- Faq Me (2012) ISBN 1479256560
- 40 Alternatives to College (2012) ISBN 1479269387
- How To Be The Luckiest Person Alive! (2011) ISBN 9781461120704
- I Was Blind But Now I See: Time to Be Happy (2011) ISBN 9781466347953
- The Altucher Confidential: Ideas for a World Out of Balance, a Round Table Comic (2011) ISBN 1939418070
- The Wall Street Journal Guide to Investing in the Apocalypse: Make Money by Seeing Opportunity Where Others See Peril (2011) ISBN 9780062001320
- The Forever Portfolio: How to Pick Stocks that You Can Hold for the Long Run (2008) ISBN 1591842115
- SuperCash: The New Hedge Fund Capitalism (2006) ISBN 0471745995
- Trade Like Warren Buffett (2005) ISBN 0471655848
- Trade Like a Hedge Fund: 20 Successful Uncorrelated Strategies and Techniques to Winning Profits (2004) ISBN 0471484857
Personal life
Altucher is a co-owner of Stand Up NY, where he also performs stand-up comedy.[17] He is a National Chess Master with an Elo rating of 2204 as of 2012.[18][19]
References
- "James Altucher's 7 lessons from failure". CNBC. Retrieved 7 April 2020.
- "Most Leadership Advice Is Useless. Here's What I Really Learned Running 20 Companies". Entrepreneur.com. Retrieved 7 April 2020.
- "Why Self-Help Guru James Altucher Only Owns 15 Things". The New York Times. Retrieved 7 April 2020.
- "Wealth Manager". The Wall Street Journal. Retrieved 14 May 2020.
- Farzad, Roben. "James Altucher, Wall Street's Keeper of the Pain". Bloomberg. Retrieved 7 September 2012.
- Kaufman, Sarah (10 September 2010). "Some say bypassing a higher education is smarter than paying for a degree". Washington Post.
- "James Altucher is so good at failing, he made $11 million last year". Vox. Retrieved 7 April 2020.
- Campbell, Colin. "In conversation: James Altucher". Macleans. Retrieved 2012-01-07.
- Dealbook (20 November 2007). "Before Stockpickr.com, a Hedge Fund Deal Not Done". New York Times.
- Murray Buechner, Maryanne (8 July 2007). "50 Best Websites 2007: Stockpickr". Time.
- Wolff-Mann, Ethan (18 January 2016). "Meet the man behind those 'bitcoin genius' ads all over the internet". Yahoo! Finance. Retrieved 2018-01-21.
- Mac, Ryan; Lytvynenko, Jane (18 January 2018). "Here's How Scammers Are Using Fake News To Screw With Bitcoin Investors". BuzzFeed News. Retrieved 2018-01-21.
- "This Guy Is Selling His Book Exclusively Via Bitcoin". Business Insider. Retrieved 2018-12-02.
- Max Willens (2015-08-31). "Freakonomics Radio's Stephen J. Dubner Talks About His New Podcast 'Question Of The Day'". Ibtimes.com. Retrieved 2016-08-19.
- "James Altucher: The Most Interesting Man In The World". Forbes. Retrieved 7 April 2020.
- "The 12 best business books of all time". USA Today. Retrieved 14 May 2020.
- "A Debate About Bitcoin That Was a Debate About Nothing". Wired. Retrieved 14 May 2020.
- "28 Executives Who Are Excellent At Chess". Business Insider. Retrieved 14 May 2020.
- "Can Chess Make You Filthy Rich?". Chess.com. Retrieved 14 May 2020.