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

In some cultures, like Buddhism, you want things in your life to disappear, to reduce your needs and desires. To achieve some form of enlightenment. I believe in this brand of spirituality as well. I don?t think it and abundance are mutually exclusive at all. If you lower your expectations, for instance, your expectations are easy to exceed.

It's the power that brings death back to life, the power that turns poverty to wealth and anger to compassion.

Most people are not good people. In business, in art, in almost every 'world' I've been in, most people I've meet are pretty gray to black. It takes practice to be the person who is a source of compassion and honesty.

Not everyone is an entrepreneur. Not everyone wants to be one.

People fool themselves into thinking that the currency of unhappiness will buy them happiness. That we have to pay our dues, go on some sort of ride, and then get dropped off at a big location called our purpose, where now we can be happy. It doesn?t work that way.

Rejection?and the fear of rejection?is the biggest impediment we face to choosing ourselves.

So the question is not, when is an idea too big? It?s how do I make all ideas smaller and achievable? You do this by developing the idea muscle:

Take out a pad. List everything you enjoyed doing from the ages of six to eighteen, before your life was ruled by college, relationships, crappy jobs, mortgages, kids, responsibilities, self-loathing, etc.

The ethic of the Choose Yourself era is to not depend on those stifling trends that are defeating you. Instead, build your own platform, have faith and confidence in yourself instead of a jury-rigged system, and define success by your own terms.

The only way to learn new things is to ask questions and be curious. Find the people who inspire your curiosity because those are the ones you will most learn from.

There?s a saying, ?The learned man aims for more. But the wise man decreases. And then decreases again.?

Thousands of common stories that are baked into our societal mythology and that we believe are real.

We can no longer afford to rely on others and repeat the same mistakes from our pasts.

When we die our entire legacy is simply the added together strengths of all the connections we make with others. This is the ghost of ourselves we leave behind. This is showing up.

Writing a book makes you an expert in the field. At the very least, when you hand someone a book you wrote, it's more impressive than handing a business card.

You need to build a positive base: physically, emotionally, mentally, and spiritually. Once these four bodies are working in harmony, you can reach out into the world. You build the foundation for the house you want to live in.

I could be reading a book. Time is also a limited resource. You can respond to a comment on Facebook with an opinion no one will care about in a hundred years, or you can do something. Right now. You can take a walk by the river. Or you can kiss someone. Or you can jump on a trampoline.

I think bitcoin has about a 1 in 100 chance of being a survivor. So I have 1% of my portfolio in bitcoin.

If anything, diversify not across stocks but across the smart people you follow. That is real diversification instead of Yahoo Finance diversification.

If you don?t make courageous choices for yourself, nobody else will.

In that Facebook movie (you know, the Justin Timberlake vehicle), JT says, A million?s not cool. A BILLION is cool. Well, actually JT, very often a million is pretty cool.

It's very important to enjoy what you're doing or else you are always going to procrastinate.

Most people are not truly talented at anything. However, most people can be pretty good at something.

Nothing ever works out when you are at the whims of others. It doesn?t matter if you are an entrepreneur or an employee. Once someone is bribing you to do something (a salary is a form of bribery if you are only doing the work for the money and not for the meaning) then you become a prisoner.

People look for their passions. But often, the passions find you. How does your #? passion find you? When you are good at something, you get passionate about it. That?s it.

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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