James Altucher

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James Altucher
JamesAltucher.jpg
James Altucher
Born (1968-01-23) January 23, 1968 (age 46)
Residence New York, New York
Known for Entrepreneur, Blogging
Website
http://www.jamesaltucher.com/

James Altucher is an American hedge fund manager, entrepreneur, and bestselling author.[1] He has founded or cofounded over 20 companies, including Reset Inc. and StockPickr and claims to have failed at 17 of them.[2][3][4] He has published 11 books, and is a frequent contributor to publications including The Financial Times, TheStreet.com, TechCrunch, Seeking Alpha, Thought Catalog, and The Huffington Post.[5][6][7]

Career[edit]

Altucher attended Cornell University, graduating with a bachelor's degree in computer science in 1989.[1][5][8] He later attended Carnegie Mellon University as a doctoral candidate in the same discipline.[9][10] Altucher's first job after graduating was with HBO, in their IT department. At one point, Altucher hosted an HBO program, III:am, where he roamed the streets of New York late at night interviewing residents of the city.[1][6]

Altucher's entrepreneurial career began in 1996 when he founded Reset Inc., a website design firm, while still working for HBO.[11] His clients included the Wu Tang Clan, American Express, Con Edison, Time Warner, and BMG.[5][11]

In 1998, Altucher left HBO and sold Reset Inc. for approximately $10 million, and used the proceeds to fund his new internet investments.[2][3] According to Altucher, he began this period with $15 million in the bank and within two years had lost it all, which led him to reevaluate his approach to business and to life.[2] During this time, Jim Cramer of TheStreet.com hired him to write about stocks and Altucher began trading for hedge funds.[1]

From 2002–2005 he traded for several hedge funds and from 2004–2006, ran a fund of hedge funds.[1][12][13] Currently, Altucher is Managing Director of Formula Capital, an asset management firm.[14]

StockPickr[edit]

In 2006 Altucher founded the financial social network StockPickr.[15][16] The website is a community based trading website which offers stock picks from amateur investors, a discussion forum, a stock market blog and thousands of professional stock portfolios.[17][18] The website was named among Time Magazine's 50 Best Websites of 2007, and sold to TheStreet.com the same year for $10 million.[19][20][21]

Investments[edit]

Currently, he serves as Managing Director of Formula Capital.[22] He was a seed investor in Buddy Media, which later sold to Salesforce.com for $745 million.[1][23] Altucher also has investments in bit.ly,[5] Ticketfly, CTera, Acebucks, Cancer Genetics, Optimal (where he is a board member),[24] and several other companies.[25] Altucher has previously held positions in companies such as 212 Ventures[10] and Corporate Resource Services Inc, as well as Stockpickr LLC and Vaultus Mobile, both of which he founded.[9][10]

Media[edit]

He was a weekly columnist from 2004–2009 for The Financial Times,[26] and wrote articles for The Street.com,[27] Seeking Alpha,[28] and Daily Finance.[29] He frequently appears on CNBC,[30] and has written several books on investing. Altucher is a frequent guest contributor to The Daily Ticker feature on Yahoo! Finance & TechCrunch.

Author[edit]

Altucher has written 11 books, both self and big six published.[31] Altucher's 2011 book, I Was Blind But Now I See, reached No. 1 in Amazon.com's motivational books section for 2011.[1] Altucher's writing appears in such publications as the Financial Times,[9] Wall Street Journal, TheStreet.com, Forbes, Yahoo Finance, TechCrunch, ThoughtCatalog, and Fidelity.com.[10][32] He has appeared on CNBC, Fox News Channel, Fox Business Network, Bloomberg TV, and CNN Radio.[10][33]

Altucher launched his blog, Altucher Confidential, in October 2010. In the first year, the blog had over 5 million page views.[34] Altucher's 2013 book Choose Yourself, debuted on the Wall Street Journal Bestselling-Books list.[7]

Publications[edit]

References[edit]

  1. ^ a b c d e f g Farzad, Roben. "James Altucher, Wall Street's Keeper of the Pain". Bloomberg. Retrieved 7 September 2012. 
  2. ^ a b c Campbell, Colin. "In conversation: James Altucher". Macleans. 
  3. ^ a b Warner, Andrew. "Fail Series: "I was losing $1 million every week" – with James Altucher". Mixergy. 
  4. ^ Miller, Tessa. "I'm James Altucher, and This Is How I Work". Lifehacker. 
  5. ^ a b c d "Q&A With James Altucher". Kirk Report. 
  6. ^ a b "How To Reinvent Yourself With James Altucher". Blogcast FM. 
  7. ^ a b "Best-Selling Books, Week Ended June 9". Wall Street Journal. 
  8. ^ Kaufman, Sarah. "Some say bypassing a higher education is smarter than paying for a degree". Washington Post. 
  9. ^ a b c "James Altucher". The Street. 
  10. ^ a b c d e "James Altucher". Huffington Post. Retrieved 8 May 2013. 
  11. ^ a b Altucher, James. "The Wu-Tang Clan, Hitler, and surviving your first year of being an entrepreneur". James Altucher. 
  12. ^ Altucher, James (24 December 2011). "Secrets Of The Accidental Entrepreneur". TechCrunch. Retrieved 7 January 2012. 
  13. ^ Altucher, James (2011-06-08). 140Love – The Ultimate Twitter Dating Service from beginning to END. Forbes. Retrieved 2013-05-08. 
  14. ^ "Why James Altucher Says You Should Quit Your Job". Level One Network. 
  15. ^ Dealbook. "Before Stockpickr.com, a Hedge Fund Deal Not Done". New York Times. 
  16. ^ Lazerow, Michael. "Why Weirdos Outperform Normals". LinkedIn. 
  17. ^ Barnako, Frank. "Stockpickr.com: trading meets social networking". MarketWatch. 
  18. ^ Elmblad, Shelley. "Stockpickr: Something Different for Free Online Stock Picks". About.com. 
  19. ^ Murray Buechner, Maryanne. "50 Best Websites 2007: Stockpickr". Time. 
  20. ^ VENEZIANI, Vince. "Stockpickr in deal with The Street: More to Come?". TechCrunch. 
  21. ^ Marshall, Matt. "Roundup: Scribd hype, Stockpickr, Red Herring, Cozmo and lots more". Venture Beat. 
  22. ^ "James Altucher". Seeking Alpha. Retrieved 8 May 2013. 
  23. ^ Gonsalves, Antone. "Why Buddy Media Is So Important to Salesforce". Read Write Web. 
  24. ^ Ha, Anthony. series-b/ "Optimal Raises $7M For Social Media Ads And Analytics". TechCrunch. Retrieved 8 May 2013. 
  25. ^ Kumparak, Greg. "Acebucks Gets $1.5 Million For Virtual Facebook Currency". TechCrunch. 
  26. ^ FT.com – James Altucher
  27. ^ James Altucher biographical information on thestreet.com
  28. ^ James Altucher – Seeking Alpha Profile
  29. ^ James Altucher – Daily Finance
  30. ^ James Altucher – Search Results on CNBC.com
  31. ^ Altucher/e/B001IOBN80 "Amazon.com: James Altucher". Amazon.com. Retrieved 8 May 2013. 
  32. ^ "James Altucher". Thought Catalog. Retrieved 8 May 2013. 
  33. ^ "Formula Capital's Altucher Interview". Bloomberg TV. 
  34. ^ Altucher, James. "My One Year Blogiversary – What I’ve Learned". James Altucher. 

External references[edit]