James Altucher


American Hedge Fund Manager, Entrepreneur, Author and Podcaster, Founder/Co-founder of more than 20 companies, including Reset Inc. and StockPickr

Author Quotes

Honesty is the fastest way to prevent a mistake from turning into a failure.

I have lots of ideas. How do I pick the right one? Execute on as many as possible. The right idea will pick you.

Idea! Maybe your dreams are nightmares. Make a list of the things you are doing where you can avoid your worst.

If we truly want to learn, we never learn when we are talking. We only learn when we are listening.

If you?re broke and close to death, you have to start coming up with ideas. If you destroy your life, you need to come up with ideas to rebuild it.

It?s not about yes or no. It?s about two people falling in love.

Luck equals (1) diversification plus (2) persistence.

Ninety-nine percent of the people on the street will lick the flavor right off your Life Saver if you let them.

Opinions are like money. No matter how much you know, there?s always someone who knows more.

Plan the leap, but don't rely on faith. Plan EVERYTHING.

Should I Daytrade? Only if you are also willing to take all of your money, rip it into tiny pieces, make cupcakes with one piece of money inside each cupcake and then eat all of the cupcakes. Then you will get sick, and eat all of your money, but it will taste thrilling along the way. Which is what day-trading is.

Study the history of the form you want to master.

The best, very best scammers will always ask for your advice. This is their favorite technique. It makes them vulnerable. It flatters your ego.

The only skills you need to be an entrepreneur are the ability to fail, to have ideas, to sell those ideas, to execute on them, and to be persistent so even as you fail you learn and move onto the next adventure.

The way to get easy money is to have the most noble character trait of all: being risk averse.

This is about a new phase in history where art, science, business, and spirit will join together, both externally and internally, in the pursuit of true wealth. It?s a phase where ideas are more important than people.

Ultimately, mastery is about connecting the dots of many fields.

When an idea has electricity in it you will have no choice but to move into action. And you will love it because it will set your heart on fire.

When you?re a kid, everything has a question mark at the end of it. Only later do they turn into periods. Or even exclamation points. ?Will I get over this?? becomes ?It?s too late.? Becomes ?I can?t get over this!?

You create your luck by being healthy and not regretting the past or being anxious about the future.

ZERO sectors in the economy are moving toward more full-time workers.

Honesty is the only way to make money in today?s world.

I have never met a mentally strong person who wasn?t a voracious reader.

IDEAS ARE THE CURRENCY OF LIFE. Not money. Money gets depleted until you go broke. But good ideas buy you good experiences, buy you better ideas, buy you better experiences, buy you more time, save your life. Financial wealth is a side effect of the runner?s high of your idea muscle.

If you act like the river, you ultimately flow past all the rocks along the way.

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American Hedge Fund Manager, Entrepreneur, Author and Podcaster, Founder/Co-founder of more than 20 companies, including Reset Inc. and StockPickr