• [ network ]
  • goatmatrix.net
  • gvid.tv
  • img.gvid.tv
  • games.gvid.tv
  • apps.gvid.tv
HomeUploadUpload DirectHotlinkRandomAbouttheme toggle
Expand

James Altucher Found Himself by Losing Everything (and You Can Too!)

Views:1106
@ReasonVids

James Altucher has rebounded from personal catastrophe so many times in his 49 years, it's hard to imagine a more qualified evangelist for personal reinvention. During the dot-com boom of the 1990s, Altucher made millions designing corporate websites, only to squander it all on gambling and a string of disastrous investment decisions. "I was probably losing about a million dollars a week for an entire summer," he tells Reason's Nick Gillespie. "I just made every stupid decision in the book."



Subscribe to our YouTube channel: http://youtube.com/reasontv

Like us on Facebook: https://www.facebook.com/Reason.Magazine/
Follow us on Twitter: https://twitter.com/reason
Subscribe to our podcast at iTunes: https://goo.gl/az3a7a

Reason is the planet's leading source of news, politics, and culture from a libertarian perspective. Go to reason.com for a point of view you won't get from legacy media and old left-right opinion magazines.


With $143 left in his bank account, Altucher contemplated suicide. "I equated my self-worth with my net worth," he says, "and I just figured there's no way I'm going to dig myself out of this hole."

Instead of self-destruction, Altucher created himself anew. He dedicated himself to learning about finance, reading over a hundred books about investing. He built a new career as a hedge fund manager, earning writing gigs at TheStreet.com and The Financial Times.

The real estate crisis of 2008 wiped the slate clean. Finding himself with nothing to lose yet again, Altucher began blogging about his riches-to-rags-to-riches-again life story, eventually writing books—18 of them so far—for an audience that had felt the sting of the recession.

Crawling out of the abyss a few times has made Altucher wary of the American Dream. A Cornell and Carnegie Mellon graduate, he scorns higher education as an overpriced luxury. Home ownership is great for the banks, but a lousy deal for home owners. Hedge funds are a scam. He's never had credit card debt because he's never had a credit card.

In keeping with his philosophy of radical self-creation, Altucher's latest identity is a 21st century urban ascetic. He has pared down his possessions, discarding every item he doesn't need. He is determined that nothing get in the way of his chosen life, his best self. Today, he lives in AirBnB rentals and owns fifteen things that he carries in a small canvas bag.

Altucher's self-published book about the art of self-creation, Choose Yourself! Be Happy, Make Millions, Live the Dream, charts his life story, detailing how he bounced back, time and again, from disasters personal and financial. Equal parts self-help manual, cautionary tale, and tell-all autobiography, Choose Yourself! challenges us to create the best version of ourselves through a constant process of optimism, authenticity, and hard work.

Edited by Todd Krainin. Hosted by Nick Gillespie. Cameras by Jim Epstein and Krainin.

libertarian
,
reason magazine
,
reason.com
,
reason.tv
,
reasontv
,
choose yourself
,
i was blind but now i see
,
how to be the luckiest person alive!
,
trade like warren buffett
    Thumbnail for The End of Play: Why Kids Need Unstructured Time30:34
    The End of Play: Why Kids Need Unstructured Time
    ReasonVids
    966 views
    Thumbnail for New games just don't feel this Cinematic anymore.. | TBAG [Clips]0:42
    New games just don't feel this Cinematic anymore.. | TBAG [Clips]
    invidious
    369 views
    Thumbnail for This is what mass migration does to a country. Even the white people get turned into niggers. 0:29
    This is what mass migration does to a country. Even the white people get turned into niggers.
    bestofupgoat
    285 views
    Thumbnail for Spin Control Happening Now. Propaganda Getting Ahead of the Story on Flu Deaths.  Influenza cases nosedive by 98% across the globe.0:33
    Spin Control Happening Now. Propaganda Getting Ahead of the Story on Flu Deaths. Influenza cases nosedive by 98% across the globe.
    bestofsaidit
    2785 views
    Thumbnail for The Lost History Of The Flat Earth16:14
    The Lost History Of The Flat Earth
    bestofsaidit
    783 views
    Thumbnail for Dr. Joseph Goebbels Speech - Why We Are National Socialists3:43
    Dr. Joseph Goebbels Speech - Why We Are National Socialists
    NachtWaffen
    918 views
    Thumbnail for TSA "My Ding-a-Ling" Sing-Along0:54
    TSA "My Ding-a-Ling" Sing-Along
    ReasonVids
    1020 views
    Thumbnail for Why Are Whites Dying of Despair?9:12
    Why Are Whites Dying of Despair?
    AmericanRenaissance
    1464 views
    Thumbnail for Golden Buzzer: Joseph Allen Leaves Exciting Footprint With Original Song - America's Got Talent 2019 | America's Got Talent9:38
    Golden Buzzer: Joseph Allen Leaves Exciting Footprint With Original Song - America's Got Talent 2019 | America's Got Talent
    agt.topic
    795 views
    Thumbnail for O ladrão do INSS entrou em 2019, diz Wolney Queiroz, novo Min. da Previdência | Na Lata com Antonia Fontenelle54:22
    O ladrão do INSS entrou em 2019, diz Wolney Queiroz, novo Min. da Previdência | Na Lata com Antonia Fontenelle
    invidious
    91 views
    Thumbnail for Kurt Loder on Film: The Good, the Bad, & the Godawful4:21
    Kurt Loder on Film: The Good, the Bad, & the Godawful
    ReasonVids
    1069 views
    Thumbnail for Democrat Jared Polis: Most Libertarian Governor?6:25
    Democrat Jared Polis: Most Libertarian Governor?
    ReasonVids
    1080 views
    Thumbnail for WEF Puppet Putin & possible future events/False flags (2:18)13:08
    WEF Puppet Putin & possible future events/False flags (2:18)
    bestofsaidit
    747 views
    Thumbnail for WICHITA P.D. OFFICER BULLIES A CITIZEN: HE DIDNT KNOW IT'S THE MAYOR | CONSTITUTIONAL Cowboy17:31
    WICHITA P.D. OFFICER BULLIES A CITIZEN: HE DIDNT KNOW IT'S THE MAYOR | CONSTITUTIONAL Cowboy
    invidious
    458 views
    Thumbnail for The first viable electric guitar 1:00
    The first viable electric guitar
    bestofupgoat
    299 views
    Thumbnail for Niggers are biological weapons to destroy our race and our society. And to sign off...0:02
    Niggers are biological weapons to destroy our race and our society. And to sign off...
    bestofvoatxyz
    582 views
    Thumbnail for Globalist Faggot Trudeau Announces Resignation 0:41
    Globalist Faggot Trudeau Announces Resignation
    bestofupgoat
    172 views
    Thumbnail for Harry Maguire SECRET Winger?! 🫢 | Premier League0:14
    Harry Maguire SECRET Winger?! 🫢 | Premier League
    invidious
    74 views
    Thumbnail for “I enjoy looking like a clown” - no shit.0:34
    “I enjoy looking like a clown” - no shit.
    AOU
    6192 views
    Thumbnail for Historic Duels that put the Wild West to Shame | BlueJay9:55
    Historic Duels that put the Wild West to Shame | BlueJay
    invidious
    423 views
    Thumbnail for How COVID-19 Supercharged School Choice: Corey DeAngelis54:44
    How COVID-19 Supercharged School Choice: Corey DeAngelis
    ReasonVids
    1048 views
    Thumbnail for Best Laid Plans0:07
    Best Laid Plans
    AOUisgay
    546 views
    Thumbnail for 2D Top Down Shooting POINT & CLICK Unity Tutorial | BMo13:54
    2D Top Down Shooting POINT & CLICK Unity Tutorial | BMo
    tech.topic
    658 views
    Thumbnail for No more brother laws: British and Irish finally unite against globohomo1:24
    No more brother laws: British and Irish finally unite against globohomo
    bestofupgoat
    261 views
    Thumbnail for Live คุย 11 ตัวจริง ทีมชาติไทย ดวล อัฟ มาแล้ว! อิชิอิ เซอร์ไพรส์! ธนวัฒน์ พีรดนย์ ลุย! ต้องซุย | ต้องซุย52:10
    Live คุย 11 ตัวจริง ทีมชาติไทย ดวล อัฟ มาแล้ว! อิชิอิ เซอร์ไพรส์! ธนวัฒน์ พีรดนย์ ลุย! ต้องซุย | ต้องซุย
    invidious
    115 views

points

Permalink
Reply
libertarian
,
reason magazine
,
reason.com
,
reason.tv
,
reasontv
,
choose yourself
,
i was blind but now i see
,
how to be the luckiest person alive!
,
trade like warren buffett
TOS  •  Add Keywords  •  Donate  •   Analytics  •   DMCA  •   Puzzle