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

The best ideas are when you take two older ideas that have nothing to do with each other, make them have sex with each other, and then build a business around the bastard, ugly child that results. The child who was so ugly nobody else wanted to touch it. Look at Facebook: combine the Internet with stalking. Amazing!

The more grateful you are, the more you attract things to be grateful for.

The six people you must find today... Someone to admire. Someone to be grateful for. Someone to forget. Someone to forgive. Someone to love. Someone to thank.

This applies not just to customers but everyone in your life. Everyone. If someone no longer has your best interest at heart, then in your own self-interest you need to back off. Now.

Try any one of these things each day: A) Sleep eight hours. B) Eat two meals instead of three. C) No TV. D) No junk food. E) No complaining for one whole day. F) No gossip. G) Return an e-mail from five years ago. H) Express thanks to a friend. I) Watch a funny movie or a stand-up comic. J) Write down a list of ideas. The ideas can be about anything. K) Read a spiritual text. Any one that is inspirational to you. The Bible, The Tao te Ching, anything you want. L) Say to yourself when you wake up, I?m going to save a life today. Keep an eye out for that life you can save. M) Take up a hobby. Don?t say you don?t have time. Learn the piano. Take chess lessons. Do stand-up comedy. Write a novel. Do something that takes you out of your current rhythm. N) Write down your entire schedule. The schedule you do every day. Cross out one item and don?t do that anymore. O) Surprise someone. P) Think of ten people you are grateful for. Q) Forgive someone. You don?t have to tell them. Just write it down on a piece of paper and burn the paper. It turns out this has the same effect in terms of releasing oxytocin in the brain as actually forgiving them in person. R) Take the stairs instead of the elevator. S) I?m going to steal this next one from the 1970s pop psychology book Don?t Say Yes When You Want to Say No: when you find yourself thinking of that special someone who is causing you grief, think very quietly, No. If you think of him and (or?) her again, think loudly, No! Again? Whisper, No! Again, say it. Louder. Yell it. Louder. And so on. T) Tell someone every day that you love them. U) Don?t have sex with someone you don?t love. V) Shower. Scrub. Clean the toxins off your body. W) Read a chapter in a biography about someone who is an inspiration to you. X) Make plans to spend time with a friend. Y) If you think, Everything would be better off if I were dead, then think, That?s really cool. Now I can do anything I want and I can postpone this thought for a while, maybe even a few months. Because what does it matter now? The planet might not even be around in a few months. Who knows what could happen with all these solar flares. You know the ones I?m talking about. Z) Deep breathing. When the vagus nerve is inflamed, your breathing becomes shallower. Your breath becomes quick. It?s fight-or-flight time! You are panicking. Stop it! Breathe deep. Let me tell you something: most people think yoga is all those exercises where people are standing upside down and doing weird things. In the Yoga Sutras, written in 300 B.C., there are 196 lines divided into four chapters. In all those lines, ONLY THREE OF THEM refer to physical exercise. It basically reads, Be able to sit up straight. That?s it. That?s the only reference in the Yoga Sutras to physical exercise. Claudia always tells me that yogis measure their lives in breaths, not years. Deep breathing is what keeps those breaths going.

What happens when you stop gossiping? You have more time (gossiping consumes a lot of time). You have more friends. You have no risk of insulting the people who you otherwise would have insulted. And you gradually move ahead in the ranks of everyone who succumbed the shortcomings of gossip.

When you have ideas, you?ll quickly get freedom. When you get freedom, you?ll have the energy to build more ideas, to generate more abundance, to live the life you want to live.

You can?t hate the people who reject you. You can?t let them get the best of you. Nor can you bless the people who love you. Everyone is acting out of his or her own self-interest.

Your bosses simply hate you. That?s right, they hate you. You created more and more value. They paid you less and less. That?s the definition of disdain in my book.

Honesty compounds. It compounds exponentially. No matter what happens in your bank account, in your career, in your promotions, in your startups. Honesty compounds exponentially, not over days or weeks, but years and decades. More people trust your word and spread the news that you are a person to be sought out, sought after, given opportunity, given help, or given money. This is what will build your empire.

I had ideas first, wealth second. It only worked in that order.

I?m trying to have fewer things in my life right now. This doesn?t always mean fewer trinkets that shine on a shelf. It also might mean fewer things that upset me. Fewer people who bother me. Fewer regrets about things that are long dead and buried. Fewer anxieties about a future that may or may not exist.

If something is not a hell, YEAH!, Then it's a no!

If you try to get 1% better each day at your health, at your relationships and the way you treat people, at your creativity, and at turning despair into gratitude, then that 1% compounds into an amazing person. Do that 1%. Take one action. Even if the actions is for one minute. The 1/1/1 strategy.

It might indicate what businesses to start. And for every one trend there are many different businesses you can start.

Life is better when your sinuses are clean, when your arteries are clean, and when your digestive tract is clean.

Negotiation is worthless. Sales are everything.

Only read the books you enjoy, that make you happy to be human. Only go to the events that actually make you laugh or fall in love. Only deal with the people who love you back, who are winners and want you to win too.

Perfectionism is the enemy of the idea muscle. Perfectionism is your brain trying to protect you from harm?from coming up with an idea that is embarrassing and stupid and could cause you to suffer pain.

Right now, get down on your hands and knees and pray to God or Allah or Buddha or whoever if you are an unsophisticated investor.

Stand straight and act like someone who deserves to be listened to.

The best ideas come from collisions between newer and older ideas.

The muse, or the inspiration, does not just show up, it requires sweat as an offering.

The typical answer is I study four hours a day.

This book is about those other pieces, and getting them in place. It?s about understanding the external myths that have broken down; the same ones that created the massive American middle class, which is now dying, and left us with the Choose Yourself era in the fallout. People are walking around blind. If you are the one who can see, you will be able to navigate through this new world. You will be the beacon that will enhance the lives of everyone around you and, in doing so, trigger the actual law of nature that says when you enhance everyone around you, you can?t help but enhance yourself.

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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