James Altucher

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James Altucher
James Altucher
Born (1968-01-23) January 23, 1968 (age 48)
United States
Residence New York, New York
Education Cornell University, Carnegie Mellon University
Known for Entrepreneurship, blogging

James Altucher is an American hedge fund manager, entrepreneur, bestselling author, and podcaster.[1] He has founded or cofounded more than[clarification needed] 20 companies, including Reset Inc. and StockPickr and says he failed at 17 of them.[2][3][4] He has published eleven books, and he is a frequent contributor to publications including The Financial Times, TheStreet.com, TechCrunch, Seeking Alpha, Thought Catalog, and The Huffington Post.[5][6][7] USA Today named his book Choose Yourself one of the 12 Best Business Books of All Time.[8]


Altucher graduated from Cornell University with a bachelor's degree in computer science in 1989.[1][5][9] He later attended Carnegie Mellon University as a doctoral student in computer science.[10][11] Altucher's first job after graduating was in the IT department of HBO. At one point, Altucher hosted an HBO program, III:am, where he roamed New York late at night to interview residents.[1][6]

Altucher's entrepreneurial career began in 1996 when he founded Reset Inc., a web-design firm, while still working at HBO.[12] His clients included Wu Tang Clan, American Express, Con Edison, Time Warner, and BMG.[5][12]

In 1998, Altucher left HBO, sold Reset Inc. for approximately $10 million, and used the proceeds to fund new internet investments.[2][3] Altucher has said he began this period with $15 million and lost it all in two years, which led him to reevaluate his approach to both business and 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 he ran a fund of hedge funds.[1][13][14] Currently,[when?] Altucher is managing director of Formula Capital, an asset management firm.[15]


In 2006 Altucher founded the financial social network StockPickr.[16][17] The website is a community-based trading website which offers stock picks, forums, and more.[18][19] The website was named one of Time Magazine's 50 Best Websites of 2007 and sold to TheStreet.com that year for $10 million.[20][21][22]


Altucher 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 previously worked for companies like 212 Ventures,[11] Corporate Resource Services Inc, Stockpickr LLC, and Vaultus Mobile, having founded the last two.[10][11]


He was a weekly columnist for The Financial Times[26] from 2004–2009 and has written 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 Quora and The Daily Ticker feature on Yahoo! Finance & TechCrunch.[citation needed]


Altucher currently has three podcasts. On the weekly podcast The James Altucher Show, he interviews entrepreneurs, public figures, comedians, and more. His guests have included Mark Cuban, Seth Godin, Gary Vaynerchuk, Wayne Dyer, Adam Carolla, Leonard Kim, and Tim Ferriss.[31]

In April 2014, Altucher began the daily podcast Ask Altucher, where he answers questions from callers.

On August 31, 2015, Altucher launched a new podcast with Stephen Dubner, co-author of Freakonomics, called Question of the Day, based on questions from Quora.[32]


Altucher has written and published 17 books.[33] 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,[10] Wall Street Journal, TheStreet.com, Forbes, Yahoo Finance, TechCrunch, ThoughtCatalog, and Fidelity.com.[11][34] He has appeared on CNBC, Fox News Channel, Fox Business Network, Bloomberg TV, and CNN Radio.[11][35]

Altucher launched his blog, Altucher Confidential, in October 2010. In the first year, the blog had over 5 million page views.[36] Altucher's 2013 book, Choose Yourself, debuted on the Wall Street Journal Bestselling-Books list.[7][37]

USA Today also named Choose Yourself among the 12 Best Business Books of All Time.[8]



  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. ^ a b Dzombak, Dan. "12 Best Business Books of All Time". USA Today. USA Today. Retrieved 10 November 2014. 
  9. ^ Kaufman, Sarah (10 September 2010). "Some say bypassing a higher education is smarter than paying for a degree". Washington Post. 
  10. ^ a b c "James Altucher". The Street. 
  11. ^ a b c d e "James Altucher". Huffington Post. Retrieved 8 May 2013. 
  12. ^ a b Altucher, James. "The Wu-Tang Clan, Hitler, and surviving your first year of being an entrepreneur". James Altucher. 
  13. ^ Altucher, James (24 December 2011). "Secrets Of The Accidental Entrepreneur". TechCrunch. Retrieved 7 January 2012. 
  14. ^ Altucher, James (2011-06-08). "140Love – The Ultimate Twitter Dating Service from beginning to END". Forbes. Retrieved 2013-05-08. 
  15. ^ "Why James Altucher Says You Should Quit Your Job". Level One Network. Archived from the original on July 19, 2013. 
  16. ^ Dealbook (20 November 2007). "Before Stockpickr.com, a Hedge Fund Deal Not Done". New York Times. 
  17. ^ Lazerow, Michael. "Why Weirdos Outperform Normals". LinkedIn. 
  18. ^ Barnako, Frank. "Stockpickr.com: trading meets social networking". MarketWatch. 
  19. ^ Elmblad, Shelley. "Stockpickr: Something Different for Free Online Stock Picks". About.com. 
  20. ^ Murray Buechner, Maryanne (8 July 2007). "50 Best Websites 2007: Stockpickr". Time. 
  21. ^ VENEZIANI, Vince. "Stockpickr in deal with The Street: More to Come?". TechCrunch. 
  22. ^ Marshall, Matt. "Roundup: Scribd hype, Stockpickr, Red Herring, Cozmo and lots more". Venture Beat. 
  23. ^ Gonsalves, Antone. "Why Buddy Media Is So Important to Salesforce". Read Write Web. 
  24. ^ Ha, Anthony. "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. ^ "The James Altucher Show". 
  32. ^ Max Willens (2015-08-31). "Freakonomics Radio's Stephen J. Dubner Talks About His New Podcast 'Question Of The Day'". Ibtimes.com. Retrieved 2016-08-19. 
  33. ^ "Amazon.com: James Altucher". Amazon.com. Retrieved 2 September 2015. 
  34. ^ "James Altucher". Thought Catalog. Retrieved 8 May 2013. 
  35. ^ "Formula Capital's Altucher Interview". Bloomberg TV. 
  36. ^ Altucher, James. "My One Year Blogiversary – What I've Learned". James Altucher. 
  37. ^ Williams, Alex (2016-08-06). "Why Self-Help Guru James Altucher Only Owns 15 Things". New York Times. Retrieved 2016-08-19. 

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