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James Altucher

James Altucher

James Altucher is an American hedge fund manager, entrepreneur, author, venture capitalist and podcaster. He has founded or cofounded more than 20 companies. He has published 20 books, and he is a contributor to publications including The Financial Times and The Huffington Post.

BornJanuary 22, 1968
ResidenceNew York,New York
Alma materCornell University Carnegie Mellon University
Known forEntrepreneurship,blogging
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Career

Altucher graduated from Cornell University with a bachelor's degree in computer science in 1989.[1][2] Altucher's first job after graduating was in the IT department of HBO. At one point, Altucher hosted an HBO program, III:am.[1]

In 1998, Altucher left HBO, sold Reset Inc. for approximately $10 million, and used the proceeds to fund new internet investments.[3] 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.[3] During this time, Jim Cramer of TheStreet.com hired him to write about stocks, and Altucher began trading for hedge funds.[1]

From 2002–2005, he traded for several hedge funds, and from 2004–2006, he ran a fund of hedge funds.[1]

In 2006, Altucher founded the financial social network StockPickr.[4] The website was named one of Time Magazine' s 50 Best Websites of 2007.[5]

In 2017, he moved into advising on cryptocurrency investing,[6] despite having condemned Bitcoin in 2013 as "a fad, or a scam, or a ponzi scheme, or worse."[7] 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 this and why he reversed his stance on Bitcoin. [8]

Altucher was a seed investor in Buddy Media, which later sold to Salesforce.com for $745 million.[1]

Podcasts

Altucher launched his top-10 rated podcast "The James Altucher Show" in 2014, it has millions of listeners and has more than 40 million downloads.[33]

On August 31, 2015, Altucher launched a new podcast with Stephen Dubner, co-author of Freakonomics, called Question of the Day, based on questions from Quora.[9][33][33]

Investments

Altucher was a seed investor in Buddy Media, which later sold to Salesforce.com for $745 million. Altucher also has investments in Ticketfly, CTera, Acebucks, Cancer Genetics, Optimal (where he was a board member before the company was acquired), and several other companies.[22]

Author

Altucher's 2011 book, I Was Blind But Now I See, reached No. 1 in Amazon.com's motivational books section for 2011.[1]

USA Today named Choose Yourself among the 12 Best Business Books of All Time. In Choose Yourself James shares many details about his past and how he over came many great challenges to continually get back up and eventually succeed in business, life and relationships. He references multiple notable people in several chapters including a chapter about Mahatma Gandhi, titled "Ghandi Chose Himself to Free an Entire Nation", "Nine Things I Learned from Woody Allen" a chapter about Dashama Konah Gordon titled "The Curious Case of the Sexy Image", one titled "Competence and The Beatles’ Last Concert" and "What I Learned from Superman".[23]

Books

  • 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

  • 40 Alternatives to College.

  • (2012) ISBN 1479269387

  • The Altucher Confidential: Ideas for a World Out of Balance, a Round Table Comic.

  • (2011) ISBN 1939418070

  • 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

References

[1]
Citation Linkwww.businessweek.comFarzad, Roben. "James Altucher, Wall Street's Keeper of the Pain". Bloomberg. Retrieved 7 September 2012.
Sep 29, 2019, 9:19 PM
[2]
Citation Linkwww.washingtonpost.comKaufman, Sarah (10 September 2010). "Some say bypassing a higher education is smarter than paying for a degree". Washington Post.
Sep 29, 2019, 9:19 PM
[3]
Citation Linkwww2.macleans.caCampbell, Colin. "In conversation: James Altucher". Macleans.
Sep 29, 2019, 9:19 PM
[4]
Citation Linkdealbook.nytimes.comDealbook (20 November 2007). "Before Stockpickr.com, a Hedge Fund Deal Not Done". New York Times.
Sep 29, 2019, 9:19 PM
[5]
Citation Linkwww.time.comMurray Buechner, Maryanne (8 July 2007). "50 Best Websites 2007: Stockpickr". Time.
Sep 29, 2019, 9:19 PM
[6]
Citation Linkfinance.yahoo.comWolff-Mann, Ethan (18 January 2016). "Meet the man behind those 'bitcoin genius' ads all over the internet". Yahoo! Finance. Retrieved 2018-01-21.
Sep 29, 2019, 9:19 PM
[7]
Citation Linkwww.buzzfeed.comMac, 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.
Sep 29, 2019, 9:19 PM
[8]
Citation Linkwww.businessinsider.com"This Guy Is Selling His Book Exclusively Via Bitcoin". Business Insider. Retrieved 2018-12-02.
Sep 29, 2019, 9:19 PM
[9]
Citation Linkwww.ibtimes.comMax 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.
Sep 29, 2019, 9:19 PM
[10]
Citation Linkjamesaltucher.comJames Altucher's personal blog
Sep 29, 2019, 9:19 PM
[21]
Citation Linken.wikipedia.orgThe original version of this page is from Wikipedia, you can edit the page right here on Everipedia.Text is available under the Creative Commons Attribution-ShareAlike License.Additional terms may apply.See everipedia.org/everipedia-termsfor further details.Images/media credited individually (click the icon for details).
Sep 29, 2019, 9:19 PM
[22]
Citation Linktechcrunch.comAcebucks Gets $1.5 Million For Virtual Facebook Currency • Techcrunch • September 23, 2007
Mar 29, 2020, 9:44 PM
[23]
Citation Linkeu.usatoday.comThe 12 best business books of all timeDan Dzombak The Motley Fool.USA Today, Nov 9, 2014
Mar 29, 2020, 9:48 PM
[24]
Citation Linkeveripedia-storage.s3.amazonaws.comA photo of James Altucher
Mar 29, 2020, 9:52 PM
[25]
Citation Linkeveripedia-storage.s3.amazonaws.comA photo of James Altucher
Mar 29, 2020, 9:56 PM
[26]
Citation Linkeveripedia-storage.s3.amazonaws.comA photo of James Altucher
Mar 29, 2020, 9:57 PM
[27]
Citation Linkeveripedia-storage.s3.amazonaws.comThe James Altucher Show logo
Mar 29, 2020, 9:58 PM
[28]
Citation Linkeveripedia-storage.s3.amazonaws.comJames Altucher - ultimatehealthpodcast.com
Mar 29, 2020, 9:58 PM
[29]
Citation Linkeveripedia-storage.s3.amazonaws.comQuote by James Altucher
Mar 29, 2020, 9:59 PM
[30]
Citation Linkeveripedia-storage.s3.amazonaws.comQuote by James Altucher
Mar 29, 2020, 9:59 PM