My First Million

#76 with James Altucher - Making and Losing Millions Over and Over Again

20 May 2020

Audio

Description

Today's episode is possible because of Superside! Head to www.superside.com/mfm to hire a dedicated team of designers for your project! Joined our private FB group yet? It's a page where people share each others million dollar ideas or what they're already working on: https://www.facebook.com/groups/ourfirstmillion. Today, Sam (@thesamparr) and Shaan (@shaanvp) chat with James Altucher (@jaltucher). James is an entrepreneur, hedge fund manager, podcaster, writer and stand-up comedian. He has founded and sold companies for millions and lost his fortune over and over. He's always found a way back and today he shares all the lessons hes learned along the way. Today's topics include: (1:50) James talks about his background (6:05) James explains the companies he started and how he made his money. (19:10) James became a much better investor when he started investing alongside much smarter investors. (21:30) The challenges of selling a company. (29:14) James explain why he kept losing his fortunes and what he did to start managing his money better. (32:48) How James’ happiness fluctuated as his fortunes rose and fell. (38:35) James discusses what he does today — writing, podcasting, investing and stand-up comedy. (40:00) James discusses his investment and risk management strategy. (45:30) James tries to come up with 10 new business ideas every day — he explains his process. (51:00) How would you make money if you were 21 again? See acast.com/privacy for privacy and opt-out information.

Transcription

This episode hasn't been transcribed yet

Help us prioritize this episode for transcription by upvoting it.

0 upvotes

🗳️ Sign in to Upvote

Popular episodes get transcribed faster

Other episodes from My First Million

Transcribed and ready to explore now

When everything works, you learn the wrong lessons

15 Jan 2026

My First Million

Work at These Companies, Become a Millionaire in 5 Years.

08 Jan 2026

My First Million

7 Brutal Questions for a $20B Founder

26 Dec 2025

My First Million

View all episodes from My First Million

Comments

There are no comments yet.

Please log in to write the first comment.

Report any issue

My First Million

#76 with James Altucher - Making and Losing Millions Over and Over Again

This episode hasn't been transcribed yet

Other episodes from My First Million

When everything works, you learn the wrong lessons

Work at These Companies, Become a Millionaire in 5 Years.

7 Brutal Questions for a $20B Founder

Sign in to Audioscrape

Share this moment