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James Altucher

@jaltucher

Apr 3

WHAT IS THE REAL TRUTH ABOUT THESE NEW TARIFFS?

And effect on economy + stock mkt.
The facts:

Trump put on:

RECIPROCAL TARIFFS: tariffs on countries with high tariffs against us.

BLANKET TARIFFS: a 10% tariff against almost all imports.

WHAT WILL BE THE RESULT? ...

First, its important to know

THE SIMPLE RULE TO GOVERN A COUNTRY

INCENTIVIZE behavior you want.
DISINCENTIVIZE behavior you don't want.

e.g example: cigarettes..

Put a vice tax on cigarettes. Result: fewer people smoke.

Nobody listens to health warnings. They only listen to prices.

WHAT DOES THIS HAVE TO DO WITH TARIFFS? (I'll start with reciprocal then go to blanket. )...

Read 13 tweets

James Altucher

@jaltucher

Mar 27

$TSLA is NOT a car company.

It's an AI Energy company.

Everything Elon does has the long-term goal of building a civilization on Mars. Transportation + energy + AI + autonomy+ robots.

By 2027, more profits will come from Tesla AI energy products than cars.

Here's why:

First, I'll describe the Tesla AI energy products. Then I'll describe why it's so much bigger than "just" the cars.

DOJO: Tesla's supercomputer that is used to train AI models for autonomy (like full-self-driving in cars and its Optimus Robots).

OPTICASTER: uses machine learning on Tesla Powerwalls, Powerpacks and eventually energy grids, etc to reduce energy costs by shifting usage (or even trading stored energy) during predicted peak or off-peak times.

AUTOBIDDER: This is AMAZING: Autobidder autonomously trades electricity in real-time energy markets. Uses machine learning to predict AI prices.

So if you are a utility, a supercharger network, a neighborhood that aggregates Powerwalls, or even a hedge fund that funds energy companies, you can make money trading stored energy using Tesla's AI-powered Autobidder.

POWERHUB: An AI-enhanced monitoring platform for renewable power plants, and microgrids. Shifts energy on a grid where it is needed, where there are power surges, etc.

Then there's OPTIMUS:

OPTIMUS: (not for sale yet so not included in profit and rev numbers I describe below):

- Installation:

Imagine a fleet of Optimus robots working 24/7, precisely placing panels or assembling battery storage units like Megapacks in remote or hazardous locations. Save on labor costs and errors.

- Monitoring:

For example, it could clean solar panels, repair microgrids, or swap out degraded battery cells

- Execution:

The AI forecasts energy needs and optimizes storage, then Optimus executes the plan, installing a solar grid in a desert or repairing a wind farm during a storm.

OUTCOME:

50,000,000 people work at blue collar jobs in the energy sector around the world. That's $1.5 TRILLION in revenues if Optimus replaces all or part of that work force.

Not to mention the potential for Mars.

But even without the potential for Optimus, the growth in Tesla AI energy products is amazing:

Read 5 tweets

James Altucher

@jaltucher

Mar 4

THE TRUTH ABOUT TARIFFS:

Many people think tariffs will cause inflation.

This is NOT TRUE.

This is not a political post at all. But I'm going to explain how tariffs work and what causes inflation (a thread):

In the 1800s, 97.5% (!!) of all US revenue came from tariffs.

Here is a chart of inflation from 1800 until now.

Note in the chart that inflation was about ZERO for almost the entire 1800s:

DEFINITION OF "INFLATION":

It is an increase in the AVERAGE price of a basket of goods. Like if the average price of oil, hamburgers, eggs, clothes, books, furniture, goes up then there is inflation across those products.

But what determines price? ...

Read 11 tweets

James Altucher

@jaltucher

Feb 25

HOW THE US CAN IMMEDIATELY ELIMINATE THE IRS (and get rid of 100% of personal income taxes) : (a thread): (1/17)

Personal income taxes adds up to $2.5 trillion in a year.

So to get rid of IRS, the government needs to generate $2.5 trillion in income.

Note: I'm NOT going to recommend a flat income tax or a flat sales tax. Much better... (2/17)

First, you have to understand the concept of "Money velocity"

Money velocity is how much a single dollar bill gets used per year.

Example:

if I get $1 in income and buy a newspaper and then the newspaper guy buys a coffee my $1 has now added $2 to economy.... (3/17)

Read 19 tweets

James Altucher

@jaltucher

Dec 29, 2024

It's important to take the politics out of this Immigration / H-1B Visa issue. This is an extremely important issue that has ZERO to do with politics or Trump's stance on immigation. It's worth understanding it before you judge it. Let me explain:

1) The "replacement rate" in the US is 2.1 children per woman. This is the amount of children that, on average, needs to be born so that the US will grow. Any less than this and the US population will SHRINK if there is no (legal) immigration. But there is a solution:

2) The replacement rate in the United States in 2023 was ONLY 1.65 children per woman. THIS IS THE LOWEST VALUE IN RECORDED HISTORY. And it's been lower than the replacement rate since the early 2000s. Because...

Read 11 tweets

James Altucher

@jaltucher

Aug 13, 2024

I'm hesitant to post this because I don't really like any aspect of the political system. But here is what I heard last night at the Must/Trump conversation and I'm curious what part of this people disagree with:

A) do more vetting at the border (as in legal immigration) to prevent criminals coming in.

B) Have an energy policy that doesn't depend on our enemies for fossil fuels while we continue to explore and innovate on solar/nuclear

Read 10 tweets

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