The Only Person Fit to Be Mayor of NYC
James Altuchern Blog
by Managing Editor
3y ago
(THE ONLY TIME I HAVE EVER WRITTEN A POLITICAL ENDORSEMENT.) When Brooklyn Borough President and current candidate for Mayor, Eric Adams, was a young teenager, he and his brother were victims of severe police brutality. Eric came through this resolving not to be bitter about the past but to create change in the future. While he was a police officer he created the organization “100 Blacks in Law Enforcement Who Care,” and spoke out against police brutality and he helped create many police reforms. As Brooklyn Borough President he was in favor of stricter gun laws, and he continued his work agai ..read more
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The Road to $1 Trillion and Beyond
James Altuchern Blog
by Managing Editor
3y ago
  Inflation would be the greatest thing to happen to me. I selfishly want the government to spend as much money as possible. “You can’t print money forever!” everyone is shouting. Yes you can. And they will. They’ve been printing money for decades, and only now it’s making the headlines. The reason I am selfishly supportive of inflation is that there is a well-known maxim in poker that “money flows clockwise.” If you sit to the left of the weakest player at the poker table, then eventually you will have all of their money. Every time they bet, you raise them, scaring out all of the other ..read more
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The Perfect Investment Strategy
James Altuchern Blog
by Managing Editor
3y ago
I wanted to learn a perfect investment strategy. And when I say “perfect,” I mean: I want to buy stocks, and in the long run make a lot of money. There! Honest. For some people, a perfect investing strategy means: Make money every day. For other people it might mean: BUY CRYPTO!!!!!! For other people, it might mean: Every stock I buy goes up. That’s not what I mean. I am ultimately a very simple person. I don’t really enjoy investing. I enjoy learning and I enjoy games and I enjoy watching TV, writing, podcasting, etc. Oh, and my family. And sleeping. I really enjoy sleeping a lot. But everyon ..read more
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Why Arguing With My Wife Led Me to Buy Cloud Stocks
James Altuchern Blog
by Managing Editor
3y ago
[Editor’s Note: This is the first part in a special series we are doing on innovations in cloud computing. It will all culminate on day 4… when James plans to reveal his latest research on investing in this trend — including his favorite stocks in the sector!] Here’s my idea: I want a device that will listen to all of my conversations every day and track my every movement. Then it feeds all the data into GPT-3, which is an amazing tech recognition software that uses AI to build an “avatar” of me. An AI version of me. Then I will feed this new “James” all of my books, articles, and podcasts. No ..read more
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How to Be Undefeatable
James Altuchern Blog
by Managing Editor
3y ago
Phil has an incurable disease. His esophagus doesn’t work. It gets worse and worse and eventually he might not be able to talk or eat. But he seems fine. “I am fine,” he told me. “Because of the same method I use to elect Presidents.” — “Is this the most important election ever?” I asked Phil Stutts. I asked him because he is one of the few people that has actually helped elect a President of the United States. For the past 12 months, Phil has been collecting data on hundreds of millions of people. He told me a year ago, “People think they are going to die of COVID. They think everyone is goin ..read more
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Don’t Be Better… Be “The Only”
James Altuchern Blog
by Managing Editor
3y ago
A few months ago, we gave my daughter race car driving lessons… She got into a Formula 2 car with an instructor and after many lessons she now has a race car driving license. In her first race, she came in second. I’m proud of her. I hope she stays interested in it. And I also hope she doesn’t die from it. She really loved it but we’ll see. Love needs follow up, as my wife often reminds me if I play chess online all day. Here’s the thing: She got into every college she applied to. Now… I told her NOT to apply. I told her all the reasons I think college is a waste of time and a waste of money a ..read more
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A Review of My New Book, “Skip the Line”
James Altuchern Blog
by Managing Editor
3y ago
I pitched a TV show, “I Will Make You a Millionaire.” I pitched it to NBC, ABC, Fox, CBS, Netflix, and more.  The idea was: I would take 10 random people and, using the techniques that later went into my book, “Skip the Line,” I would make them a millionaire in six months. I was sure everyone would run with it and it would be a huge hit.  “But what if you can’t do it?” every network asked, despite me showing them a ton of examples where I had helped people and did it.  So they rejected the idea. Which means they rejected me. I thought maybe they felt I was too ugly for TV. Maybe ..read more
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You Should Run for President
James Altuchern Blog
by Managing Editor
3y ago
I am officially a candidate for President of the United States in 2024 and you should do it also. I went to the website for the Federal Elections Commission. I filled out all the paperwork. It took me 10 minutes. It cost me zero money. Now I am an official candidate in the eyes of the government. You can search for me there. You should do this also. God speed! First off, this is an experiment. In my book, “Skip the Line,” I discuss how the “10,000 Experiments Rule” is one of the quickest ways to “skip the line” and be in the top 1% (and monetize) whatever field you love. The 10,000 hour “rule ..read more
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You Can’t Do That!
James Altuchern Blog
by Managing Editor
3y ago
“Altucher’s new book, Skip the Line, is his best book EVER. It’s his first book filled with practical advice that has worked for him and others. I wish I read it when I was a young comedian.” – Jerry Seinfeld. “You can’t skip the line, James.” I wanted to be a hedge fund manager but I was broke. I lost $15 million of my money because I’d invested poorly. So of course I became obsessed and wanted to do it for a career. Only problem was, I was a computer programmer and writer. And our world loves labels. “You lost all your money investing and now you want to be a professional investor?” He work ..read more
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AOC and Other Progressives Hurt the Poor Every Day: Here’s How
James Altuchern Blog
by Managing Editor
3y ago
I am an innovationist. Any policy that encourages more innovation in society will lead to greater prosperity, more jobs, higher incomes, more money given to the government through taxes, and the cycle will repeat.  I don’t care which political party is an office. But I do wish there were a basic understanding of financial policies, so that people who are the most progressive — people who want as many benefits as possible for the bottom third of society — will stop creating policies that hurt these people.  First off, who is below the  poverty line? The example most used is peopl ..read more
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