James Altucher

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

James Altucher is an American hedge fund manager, entrepreneur, bestselling author, and podcaster.[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.

Podcast[edit]

Altucher currently has two podcasts that are very often present at the top of the iTunes charts, peaking all the way at number one. On his main, weekly podcast, The James Altucher Show, he interviews entrepreneurs, public figures, comedians, and much more. His guests have included, Mark Cuban, Seth Godin, Gary Vaynerchuk, Wayne Dyer, Adam Carolla, and Tim Ferriss.[31]

In April 2014, Altucher began his daily podcast, Ask Altucher, in which he takes listeners questions and gives his answers.

Author[edit]

Altucher has written 11 books, both self and big six published.[32] 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][33] He has appeared on CNBC, Fox News Channel, Fox Business Network, Bloomberg TV, and CNN Radio.[10][34]

Altucher launched his blog, Altucher Confidential, in October 2010. In the first year, the blog had over 5 million page views.[35] 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 (10 September 2010). "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 (20 November 2007). "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 (8 July 2007). "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. ^ http://www.stansberryradio.com/James-Altucher/Latest-Episodes.  Missing or empty |title= (help)
  32. ^ Altucher/e/B001IOBN80 "Amazon.com: James Altucher". Amazon.com. Retrieved 8 May 2013. 
  33. ^ "James Altucher". Thought Catalog. Retrieved 8 May 2013. 
  34. ^ "Formula Capital's Altucher Interview". Bloomberg TV. 
  35. ^ Altucher, James. "My One Year Blogiversary – What I’ve Learned". James Altucher. 

External references[edit]