iPhone app iPad app Android phone app Android tablet app

James Altucher
GET UPDATES FROM James Altucher
 
James Altucher is the managing director of Formula Capital, an asset management firm and fund of hedge funds. He's written a bunch of boring books on investing and one book that he loves: How to be the Luckiest Person Alive.

Mr. Altucher is the founder of Stockpickr.com, a social network for finance that had millions of unique visitors per month when it was sold to TheStreet.com in 2007. He has written over 200 columns for The Financial Times and has written for TheStreet.com, Forbes, Yahoo Finance, Fidelity.com, and other publications. He was also the founder of a web services firm, Reset Inc, which he sold in 1998, at which time he became a partner at VC firm, 212 Ventures/Investcorp. Mr. Altucher regularly appears on CNBC, Fox News, Fox Business, and CNN Radio, and is also in his spare time a nationally ranked chess master. Mr. Altucher received his BA at Cornell University and attended graduate school for computer science at Carnegie Mellon University.

Blog Entries by James Altucher

How to Stop Lying

(6) Comments | Posted April 29, 2013 | 1:09 PM

I lied to him to get a job. The hedge fund manager asked me how much money I had in the bank. I had ZERO but I said, "a million dollars". This was in 2002. In the prior two years I had lost all the money I ever made and...

Read Post

Why Do People Hate Their Jobs?

(154) Comments | Posted April 18, 2013 | 1:32 PM

I limped out of the meeting and said, "excuse me", and took the elevator down 67 stories, went to Grand Central, limped home, and never went back to work at that job.

I never returned the constant phone calls and emails over the next month. "James, where did you go?"

...
Read Post

10 Reasons To Quit Your Job This Year

(379) Comments | Posted April 5, 2013 | 11:26 AM

This was going to end badly. I would play chess all day in my office with the door locked. My boss would knock on the door and I would put my headphones on and ignore him. People would complain that the software I wrote didn't work. My boss would say,...

Read Post

Wall Street's 'Eat What You Kill' Motto Is the Only Way to Live

(19) Comments | Posted February 1, 2013 | 1:21 PM

An anonymous commenter named "Frank" wrote on an article I wrote yesterday, "Every time Altucher opens his mouth or posts commentary, he subtracts from the sum total of all human knowledge."

Frank is absolutely right and I congratulate him for recognizing that. I do subtract from the sum total of...

Read Post

What Are You?

(0) Comments | Posted September 5, 2012 | 5:00 PM

Are you a Republican? Are you gay? Or straight? Are you pro-choice? Are you anti-environmentalist? Are you a Buddhist? Or a Jew? And, if Jewish -- are you Reform or Conservative? Or Reconstructionist? Are you a vegetarian for moral reasons? Do you smoke?

Are you a writer? Or a lawyer?...

Read Post

The Seven Habits of Highly Effective Mediocre People

(1) Comments | Posted September 4, 2012 | 10:46 AM

I'm pretty mediocre. I'm ashamed to admit it.  I'm not even being sarcastic or self-deprecating. I've never done anything that stands out as, "whoah! This guy made it into outerspace! Or...this guy has a best selling novel! Or...if only Google had thought of this!" I've had some successes and some...

Read Post

The 10 Keys To Selling Anything

(0) Comments | Posted January 31, 2012 | 9:04 PM

Someone I don't know at all just wrote me with the worst selling technique of all time. He wrote, "I really need to talk to you. Can I have 20-30 minutes of your time?"

The answer is, "no." Not that I think I'm so great. Or my time is so...

Read Post

My Minimalism Manifesto

(0) Comments | Posted January 12, 2012 | 9:35 AM

Claudia and I spent the entire Thanksgiving on an airplane, going from San Francisco to New York. We avoided the entire holiday.

Cooking, cleaning, getting together with relatives, all the small talk, all the hateful talk, all the gossipy talk, all the expenses. I hate that shit. Claudia slept almost...

Read Post

Mistakes Were Made

(0) Comments | Posted January 5, 2012 | 4:18 PM

Sometimes in the middle of the day, totally by reflex or accident, I blurt out, "No" really loud. The word escapes my throat before I can stop it. I'm daydreaming about some mistake I made over the past 40 years and how embarrassing it was. How ashamed I feel. I...

Read Post

Lessons I Learned From Poker

(0) Comments | Posted January 3, 2012 | 2:37 PM

In the Twitter Q&A that I give every Thursday @GiraffesCanSwim asked, "what did you learn from playing poker?" I gave a 140 character answer. Something like, "you learn quickly that all your friends lie to you all the time in order to steal your money."

But I've been thinking a...

Read Post

Unsubscribe

(4) Comments | Posted December 29, 2011 | 12:35 PM

I got an email this morning that said, "I disagree with you on Immigration. Unsubscribe."

So I guess after 280 posts where I've written about transvestite prostitutes, and every other topic under the sun, I finally said something that offended this guy so much he could NEVER EVER...

Read Post

How to Spot a Scammer

(0) Comments | Posted December 28, 2011 | 9:51 AM

I'm scammed almost every day. Or, if not scammed, at the very least someone tries to scam me. Usually more than once a day. The first time was at the age of 12 playing Three-card Monte in NYC where I lost my watch. Another time when I sent in $80...

Read Post

When I Retire I Will...

(1) Comments | Posted December 6, 2011 | 1:16 PM

I was about three years old and my dad scared the hell out of me. It was the first day of Yellow Duck nursery school. I had never been to school before. I vaguely remember being upset about it. Perhaps crying.

My dad said, "first you'll have two years of...

Read Post

Where Is the Magic?

(1) Comments | Posted November 30, 2011 | 11:43 AM

I had to run to the second level basement at the New York Public Libary on 42nd Street. Every day. I worked across the street at HBO and I would usually hold it in until I really had to go the bathroom. But there was no way I was...

Read Post

How to Create Your Own Luck

(2) Comments | Posted November 23, 2011 | 4:56 PM

I'm in even worse trouble now. A few weeks ago I had to speak at Barry Ritholz's conference but that turned out to be "only" a panel. It was a great panel but I knew I would only have ten minutes of time so not need to prepare much...

Read Post

How to Change the World (Or... How to Occupy Yourself)

(0) Comments | Posted November 16, 2011 | 9:16 PM

I cheated. When I was in college I took six courses a semester and then worked another 20-30 hours a week to pay for my bills (on top of the debt I was incurring). Often I had to miss classes because I had a job that I had to go...

Read Post

I Surrender

(0) Comments | Posted November 15, 2011 | 3:31 PM

I was going to go out of business or get sued.

I had just started my fund of hedge funds and on our fourth month in business our main investor said, "I'm going out of business and I need my money back." Apparently he had never told HIS investors that...

Read Post

Are You a Dirty Entrepreneur?

(0) Comments | Posted November 15, 2011 | 6:39 AM

The man was crying in my office. He was interviewing to be head of sales at my company. We made websites for entertainment companies.

It started out differently. He had come in confident. He wasn't tragic yet and the mythology of all of our success still permeated the room. "How...

Read Post

How to Use Gratitude to Get Rich

(3) Comments | Posted October 19, 2011 | 3:55 PM

"Why am I totally dead broke again?" That's what I thought the last time I had started a business that failed. I had no income. I had just lost a bunch of money investing in my own business. I was in danger of losing my home. I was in danger...

Read Post

6 Things I Learned From Charles Bukowski

(2) Comments | Posted October 10, 2011 | 2:46 AM

Charles Bukowski was disgusting, his actual real fiction is awful, he's been called a misogynist, overly simplistic, the worst narcissist, (and probably all of the above are true to an extent) and whenever there's a collection of "Greatest American Writers" he's never included.

And yet... he's probably the...

Read Post