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] He has published 20 books and is a contributor to publications including The Financial Times, The Wall Street Journal,[3] TechCrunch, and The Huffington Post.

James Altucher
James Altucher in London, 2018
Born (1968-01-22) January 22, 1968 (age 56)
New York City, US
Alma materCornell University
Carnegie Mellon University
Occupation(s)Author, hedge fund manager
Known forEntrepreneurship, podcasting, blogging
Notable workThe Power of No (2014)
Choose Yourself (2013)

Early life and education edit

Altucher was raised in a Jewish family in North Brunswick, New Jersey.[4][5] Altucher attended North Brunswick Township High School and graduated in 1986.[6][7][8] Altucher graduated from Cornell University with a bachelor's degree in computer science in 1989.[9][10]

Career edit

Altucher's first job after graduating was in the IT department at HBO. At one point, Altucher hosted a web-series for HBO.com called III:am.[9]

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.[11][12] 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.[12] During this time, Jim Cramer of TheStreet.com hired him to write about stocks, and Altucher began trading for hedge funds.[9]

From 2002 to 2005, he traded for several hedge funds, and from 2004 to 2006, he ran a fund of hedge funds.[9]

In 2006, Altucher founded the financial social network, StockPickr.[13] The website was named one of Time Magazine's 50 Best Websites of 2007.[14] Altucher sold the company for $10 million in 2007.[11]

In 2017, he began advising on cryptocurrency investing,[15] despite having condemned Bitcoin in 2013 as "a fad, or a scam, or a ponzi scheme, or worse."[16] 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.[17]

Altucher was a seed investor in Buddy Media, which later sold to Salesforce.com for $745 million in 2012.[9]

Podcasts edit

Question of the Day edit

In August 2015, Altucher launched a podcast with Stephen Dubner, co-author of Freakonomics, called Question of the Day, based on questions from Quora.[18] This has since finished but had a reunion in 2020.[19]

The James Altucher Show edit

Altucher also hosts The James Altucher Show, which has featured Tim Ferriss, Mark Cuban, and Arianna Huffington, among others.[20] Altucher says it has more than 40 million downloads.[21]

Authorship edit

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.[2][22]

  • Skip the Line: The 10,000 Experiments Rule and Other Surprising Advice for Reaching Your Goals (2021) ISBN 0753557967
  • 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 edit

Altucher is a co-owner of Stand Up NY, where he also performs stand-up comedy.[23] Jerry Seinfeld said of the club, "It could use a little sprucing up."[24] He is a National Chess Master with an Elo rating of 2204 as of 2012.[25][26]

In August 2020, Altucher published a piece on LinkedIn titled "New York Is Dead Forever. Here's Why."[27] In response to Altucher's piece, Jerry Seinfeld called him "some putz", accused him of "whimpering and whining", and told him to "shut up".[24] Altucher used to write often about his second wife, Claudia Azula Altucher, on his blog.[28] The two later divorced.[citation needed]

References edit

  1. ^ "James Altucher's 7 lessons from failure". CNBC. 25 August 2016. Retrieved 7 April 2020.
  2. ^ a b Williams, Alex (6 August 2016). "Why Self-Help Guru James Altucher Only Owns 15 Things". The New York Times. Retrieved 7 April 2020.
  3. ^ "Wealth Manager". The Wall Street Journal. Retrieved 14 May 2020.
  4. ^ https://m.facebook.com/JAltucher.Blog/posts/1596665440414944
  5. ^ Williams, Alex. "Why Self-Help Guru James Altucher Only Owns 15 Things", The New York Times, August 6, 2016. Accessed February 9, 2021. "But Mr. Altucher seems like an unlikely person to look to for solace. Bookish, contrarian and given to speaking in staccato bursts, this skinny computer geek from North Brunswick, N.J., is like the anti-Anthony Robbins, the strapping self-help star."
  6. ^ "Chess tourney champs to play for state title", Asbury Park Press, April 22, 1986. Accessed January 18, 2022, via Newspapers.com. "James Altucher, of North Brunswick High School, placed first in the Southern Section of the New Jersey High School Individual Championship (Chess) Tournament held over the weekend at Monmouth Regional High School, Tinton Falls."
  7. ^ https://www.linkedin.com/in/jamesaltucher/ [self-published source]
  8. ^ "Reconnect with friends from Classmates Test High School, find reunions, view yearbook photos and more".
  9. ^ a b c d e Farzad, Roben (18 November 2011). "James Altucher, Wall Street's Keeper of the Pain". Bloomberg.com. Bloomberg. Archived from the original on November 18, 2011. Retrieved 7 September 2012.
  10. ^ Kaufman, Sarah (10 September 2010). "Some say bypassing a higher education is smarter than paying for a degree". Washington Post.
  11. ^ a b "James Altucher is so good at failing, he made $11 million last year". Vox. 5 January 2017. Retrieved 7 April 2020.
  12. ^ a b Campbell, Colin. "In conversation: James Altucher". Macleans. Retrieved 2012-01-07.
  13. ^ Dealbook (20 November 2007). "Before Stockpickr.com, a Hedge Fund Deal Not Done". New York Times.
  14. ^ Murray Buechner, Maryanne (8 July 2007). "50 Best Websites 2007: Stockpickr". Time. Archived from the original on July 12, 2007.
  15. ^ Wolff-Mann, Ethan (18 January 2016). "Meet the man behind those 'bitcoin genius' ads all over the internet". Yahoo! Finance. Retrieved 2018-01-21.
  16. ^ 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.
  17. ^ "This Guy Is Selling His Book Exclusively Via Bitcoin". Business Insider. Retrieved 2018-12-02.
  18. ^ 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.
  19. ^ "533 - We're Back! 'Question of the Day' Reunion LIVE! Freakonomics Host Stephen Dubner and I Talk Rules to Live by, How to Make Life an Experiment & More - the James Altucher Show - Omny.fm".
  20. ^ "James Altucher: The Most Interesting Man In The World". Forbes. Retrieved 7 April 2020.
  21. ^ "Podcasts".
  22. ^ "The 12 best business books of all time". USA Today. Retrieved 14 May 2020.
  23. ^ "A Debate About Bitcoin That Was a Debate About Nothing". Wired. Retrieved 14 May 2020.
  24. ^ a b "So You Think New York Is Dead (It's Not)". The New York Times. Retrieved 14 April 2023.
  25. ^ "28 Executives Who Are Excellent At Chess". Business Insider. Retrieved 14 May 2020.
  26. ^ "Can Chess Make You Filthy Rich?". Chess.com. Retrieved 14 May 2020.
  27. ^ "New York Is Dead Forever. Here's Why". LinkedIn. Retrieved 14 April 2023.
  28. ^ Altucher, James (2015-07-28). "How To Be Married For Five Years". Mission.org. Retrieved 2023-05-25.

External links edit