James Altucher Profile picture
Aug 13, 2024 10 tweets 2 min read Read on X
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
C) The biggest threat to not only America but the world is nuclear weapons in the hands of bad nations.
D) Cut Dept of Education because US is consistently getting lower on education vs the world and yet spending more per student.
E) Have a more efficient government in terms of spending. Everyone says this but nobody does anything about it. Is there a way to do something about it?
F) Inflation is the result of an increased money supply due to higher government (and inefficient govt spending). If money supply increases faster than our goods and services than inflation results.
G) A "strong" president deters bad foreign actors. Examples can be seen (this is my own comments on this) JFK (Bay of Pigs / Cuban Missile Crisis), Carter (Iran hostages), Bush (9/11, etc), and Trump implies Biden (Ukraine, Iran).
So: Am I missing something? And what part of this doesn't seem like common sense? And the important question: who is better at dealing with these issues (if they are issues): Trump or Harris. Why does Harris not have policies on her website?
I ask these questions in all sincerity, seeking answers, and without bias. I really want to know. People say this was a "rambling" interview but it seems like this is what I heard. Did I hear incorrectly?

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More from @jaltucher

Apr 3, 2025
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. )... Image
Read 13 tweets
Mar 27, 2025
$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
Mar 4, 2025
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: Image
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
Feb 25, 2025
HOW THE US CAN IMMEDIATELY ELIMINATE THE IRS (and get rid of 100% of personal income taxes) : (a thread): (1/17) Image
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) Image
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)Image
Read 19 tweets
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
Jan 5, 2023
How to start a Podcast

A Thread 🧵

Someone asked me how to start a podcast:

what high-end equipment they need, how to get ads, great guests, etc. These are the wrong questions. Here's what you should do. (1/x)
1) START NOW!

Take out the recorder on your iphone. Interview someone.

Interview your spouse about all the things that are wrong with you.

Or interview a homeless guy on the street. You can do 3 interviews in one day.

Or call a wrong # and interview.

Just START! (2/x)
2) DISTRIBUTION: Go to a company that distributes podcasts

Like Libsyn or Omny. They take your podcast and send it to all the places that host podcasts, like Apple Itunes, Stitcher, etc. Upload your episode(s).

NOW YOU HAVE A PODCAST! (3/x)
Read 21 tweets

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