James Altucher Profile picture
Aug 13 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

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
Dec 18, 2022
ARE YOU A 5-25er?

The Warren Buffett 5/25 rule has been very important in keeping me from failure:

Investing is the one thing Buffett mastered above all other interests.

But the 5/25 rule is his technique of achieving mastery of ANYTHING.

First, what is it?

(1/x)
1: The 5/25 rule,

- LIST the 25 things you are most passionate about.

- SPLIT THEM into two lists. The top 5 items and then the next 20.

Note, you are still insanely passionate about the next 20. They are just numbers 6-25 on your list.

(2/x)
The KEY to the 5/25 rule

- NEVER LOOK OR THIINK ABOUT THE BOTTOM 20 AGAIN

This is how you master the top five and show proper devotion and respect to your top 5 passions in your life.

Perhaps there is one extension to this...

(3/x)
Read 18 tweets
Nov 24, 2022
What should Elon do with Twitter

A Thread 🧵
1) Use open source privacy communications technology (e.g. Signal) to create a private messaging network among verified twitter users.

Signal is a foundation started by the founders of WhatsApp after they left Facebook.Make Twitter THE platform for secure international
messaging. This will also be another justification for charging $8 a user for the blue checkmark.
Read 27 tweets
Nov 11, 2022
Three assets that can benefit from FTX's collapse: (1/x)
1. Coinbase
The most mainstream centralized crypto exchange.
People who are nervous (as many many are) will move crypto assets to Coinbase.

The 52 week high on Coinbase is 355. Right now it's 50 (the 52 week low was 44). (2/x)
2. Uniswap's token, UNI. The second largest DeFi exchange. If people move assets from FTX to a DeFi exchange the UNI token will certainly benefit. UNI's high was $40 and now it's around $5. (3/x)
Read 6 tweets
Nov 10, 2022
FTX and Binance is a crypto soap opera.
This is a crazy story of love, hate, money, and we might not get to the bottom of it. What I say in this thread is speculative.
But here's what happened, what is happening, and the good and bad of what might happen to crypto. (1/x)
1. First off, CZ (CEO of Finance) and SBF (Sam Bankman-Fried) were friends in the past. They grew up in this industry together and CZ even invested in FTX (2/x)
2. CZ was born in China and his family moved to Canada

The China ==> Canada route is a well known path for people in China with money to get their money out. When regimes change in China a lot of people disappear. Watch the latest CCP meeting to see it happen live on tv. (3/x)
Read 35 tweets
Jun 21, 2022
Many people say, "there are no real world use cases of crypto!" These people are wrong. Crypto is currently being used all over the world.

Here's a random sample of some of the many use cases being used today: (thread):
Many banks, even Visa, have used crypto and blockchain to make frictionless and fee-less transfers of money to other countries.
The biggest example: donations to Ukraine. Over 120,000 donations involving crypto have been made to Ukraine, totalling over $100,000,000. (2/x)
"The cryptocurrency donations being made to Ukraine ... save 30% in overhead charges and an additional 15% on reconciliation fees normally charge by traditional financial networks, said Avivah Litan, a distinguished analyst and vice president at research firm Gartner." (3/x)
Read 15 tweets

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