James Altucher
American hedge fund manager From Wikipedia, the free encyclopedia
American hedge fund manager From Wikipedia, the free encyclopedia
James Altucher (born January 22, 1968) is an American hedge-fund manager, author, podcaster and entrepreneur who has founded or cofounded over 20 companies.[1][2] He has published 20 books and is a contributor to publications including The Financial Times, The Wall Street Journal,[3] TechCrunch, and The Huffington Post.
James Altucher | |
|---|---|
Altucher in 2018 | |
| Born | January 22, 1968 New York City, U.S. |
| Alma mater | Cornell University Carnegie Mellon University |
| Occupation(s) | Author, hedge fund manager |
| Known for | Entrepreneurship, podcasting, blogging |
| Notable work | The Power of No (2014) Choose Yourself (2013) |
| Website | jamesaltucher |
Altucher was raised in a Jewish family in North Brunswick, New Jersey.[4][5] Altucher attended North Brunswick Township High School and graduated in 1986.[6][7][8] Altucher graduated from Cornell University with a bachelor's degree in computer science in 1989.[9][10]
Altucher's first job after graduating was in the IT department at HBO. At one point, Altucher hosted a web-series for HBO.com called III:am.[9]
In 1998, Altucher left HBO, sold a company he founded, Reset Inc., for approximately $15 million, and used the proceeds to fund new internet investments.[11][12] Altucher has said he began this period with $15 million and lost it all in two years, which led him to re-evaluate his approach to both business and life.[12] During this time, Jim Cramer of TheStreet.com hired him to write about stocks, and Altucher began trading for hedge funds.[9]
From 2002 to 2005, he traded for several hedge funds, and from 2004 to 2006, he ran a fund of hedge funds.[9]
In 2006, Altucher founded the financial social network, StockPickr.[13] The website was named one of Time Magazine's 50 Best Websites of 2007.[14] Altucher sold the company for $10 million in 2007.[11]
In 2017, he began advising on cryptocurrency investing,[15] despite having condemned Bitcoin in 2013 as "a fad, or a scam, or a ponzi scheme, or worse."[16] However, in May, 2013, he built a store to sell his book, "Choose Yourself" for Bitcoin a month before he released it on Amazon. He was interviewed by Business Insider about why he reversed his stance on Bitcoin.[17]
Altucher was a seed investor in Buddy Media, which later sold to Salesforce.com for $745 million in 2012.[9]
This podcast was 369 episodes in total between 4/21/2014 until 10/8/2015. The podcast became “temporarily unavailable” to listen to, sometime in May 2024.
In August 2015, Altucher launched a podcast with Stephen Dubner, co-author of Freakonomics, called Question of the Day, based on questions from Quora.[18] This has since finished but had a reunion in 2020.[19]
Altucher also hosts The James Altucher Show, which has featured Tim Ferriss, Mark Cuban, and Arianna Huffington, among others.[20] Altucher says it has more than 40 million downloads.[21]
The author of over 20 books, Altucher's work has appeared on The Wall Street Journal best-seller list and USA Today's list of best business books of all time in 2014.[2][22]
Altucher is a co-owner of Stand Up NY, where he also performs stand-up comedy.[23] Jerry Seinfeld said of the club, "It could use a little sprucing up."[24] He is a National Chess Master with an Elo rating of 2204 as of 2012.[25][26]
In August 2020, Altucher published a piece on LinkedIn titled "New York Is Dead Forever. Here's Why."[27] In response to Altucher's piece, Jerry Seinfeld called him "some putz", accused him of "whimpering and whining", and told him to "shut up".[24] Altucher used to write often about his second wife, Claudia Azula Altucher, on his blog.[28] The two later divorced.[citation needed]
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