The James Altucher Show

Join us as we delve into the captivating world of Wall Street's most unexpected profits. In this episode, we interview Scott Patterson, acclaimed Wall Street Journal reporter and author of the fascinating book, Chaos Kings: How Traders Make Billions in the New Age of Crisis.Drawing upon his extensive research and insider knowledge, Scott reveals the secrets of how traders manage to transform unprecedented events, such as the 'Black Swan' and  'Dragon King' phenomena into extraordinary profit-making opportunities.One faction, led by Nassim Nicholas Taleb, bestselling author of The Black Swan, believes humans can never see the big disaster coming. In their view, while inevitable, extreme events-so-called Black Swans-will always catch us by surprise. In 2007, Taleb's longtime collaborator, Mark Spitznagel, launched the Universa hedge fund, which would make billions protecting investors against unforeseen chaos in the market.A second faction, which relies on complex formulas, believes looming chaos can be detected. Chief among these risk prognosticators is Didier Sornette, a colorful French mathematician who enjoys riding his motorcycle at speeds over 170 miles per hour. When Sornette looks out from what he calls his Financial Crisis Observatory in Zurich, Switzerland, what he sees are "Dragon Kings"-punishing events that are unlikely to occur but have probabilities that can be predicted...and defended against.Patterson reveals the intricate strategies employed by these traders, who possess an uncanny ability to navigate and capitalize on market upheavals. From analyzing the impact of unforeseen events to the psychology of risk-taking, he and James shed light on the inner workings of betting on high-stakes world events.Throughout the interview, we explore the thrilling stories and characters that make up the fabric of Wall Street's most profitable moments. Scott Patterson's journalistic expertise and intimate understanding of the financial landscape give listeners a unique perspective on the elusive world of traders who have mastered the art of profiting from chaos.-----------What to write and publish a book in 30 days? Go to JamesAltucherShow.com/writing to join James' writing intensive!What do YOU think of the show? Head to JamesAltucherShow.com/listeners and fill out a short survey that will help us better tailor the podcast to our audience!Are you interested in getting direct answers from James about your question on a podcast? Go to JamesAltucherShow.com/AskAltucher and send in your questions to be answered on the air!------------Visit Notepd.com to read our idea lists & sign up to create your own!My new book Skip the Line is out! Make sure you get a copy wherever books are sold!Join the You Should Run for President 2.0 Facebook Group, where we discuss why you should run for President.I write about all my podcasts! Check out the full post and learn what I learned at jamesaltucher.com/podcast.------------Thank you so much for listening! If you like this episode, please rate, review, and subscribe  to "The James Altucher Show" wherever you get your podcasts: Apple PodcastsStitcheriHeart RadioSpotifyFollow me on Social Media:YouTubeTwitterFacebook ------------What do YOU think of the show? Head to JamesAltucherShow.com/listeners and fill out a short survey that will help us better tailor the podcast to our audience!Are you interested in getting direct answers from James about your question on a podcast? Go to JamesAltucherShow.com/AskAltucher and send in your questions to be answered on the air!------------Visit Notepd.com to read our idea lists & sign up to create your own!My new book, Skip the Line, is out! Make sure you get a copy wherever books are sold!Join the You Should Run for President 2.0 Facebook Group, where we discuss why you should run for President.I write about all... See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

6 Juni 20231h 2min

Today, we have a special guest who needs no introduction if you're a fan of science fiction, the talented writer of Silo - now an Apple+ TV series - Hugh Howey.Hugh Howey has an extraordinary journey that has taken him from working in bookstores to laboring as a roofer and even sailing on private yachts around the world. All the while, he was tirelessly crafting science-fiction novels and delving into various other genres. Just as James experienced with the self-publication of his book Choose Yourself, Hugh discovered the transformative power of self-publishing when he unleashed Wool onto the world. Little did he know that this gripping novel would eventually evolve into a groundbreaking TV series.On today's episode, we dive deep into the realms of writing, self-publishing, and the allure of science fiction. Hugh Howey joins James in a thought-provoking conversation about the fascinating universe of Silo and the intricacies of television production. Together, they explore the themes of optimism versus pessimism, the rise of artificial intelligence, and many other captivating subjects.-----------What to write and publish a book in 30 days? Go to JamesAltucherShow.com/writing to join James' writing intensive!What do YOU think of the show? Head to JamesAltucherShow.com/listeners and fill out a short survey that will help us better tailor the podcast to our audience!Are you interested in getting direct answers from James about your question on a podcast? Go to JamesAltucherShow.com/AskAltucher and send in your questions to be answered on the air!------------Visit Notepd.com to read our idea lists & sign up to create your own!My new book Skip the Line is out! Make sure you get a copy wherever books are sold!Join the You Should Run for President 2.0 Facebook Group, where we discuss why you should run for President.I write about all my podcasts! Check out the full post and learn what I learned at jamesaltucher.com/podcast.------------Thank you so much for listening! If you like this episode, please rate, review, and subscribe  to "The James Altucher Show" wherever you get your podcasts: Apple PodcastsStitcheriHeart RadioSpotifyFollow me on Social Media:YouTubeTwitterFacebook ------------What do YOU think of the show? Head to JamesAltucherShow.com/listeners and fill out a short survey that will help us better tailor the podcast to our audience!Are you interested in getting direct answers from James about your question on a podcast? Go to JamesAltucherShow.com/AskAltucher and send in your questions to be answered on the air!------------Visit Notepd.com to read our idea lists & sign up to create your own!My new book, Skip the Line, is out! Make sure you get a copy wherever books are sold!Join the You Should Run for President 2.0 Facebook Group, where we discuss why you should run for President.I write about all my podcasts! Check out the full post and learn what I learned at jamesaltuchershow.com------------Thank you so much for listening! If you like this episode, please rate, review, and subscribe to "The James Altucher Show" wherever you get your podcasts: Apple PodcastsiHeart RadioSpotifyFollow me on social media:YouTubeTwitterFacebookLinkedIn See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

1 Juni 202345min

In April 2023, a seismic shift occurred in the world of art and creativity. The prestigious Sony World Photography Awards, renowned for celebrating human talent and vision, awarded a prize to an AI-generated photograph. This groundbreaking moment marked a turning point, showcasing the capabilities of generative AI in producing art that could rival human creations. It left many questioning the boundaries between human and machine creativity.Simultaneously, another event unfolded. A new single, seemingly performed by beloved artists Drake and The Weeknd, took the internet by storm, captivating fans across the globe. However, as the excitement reached its peak, the truth emerged-it was an AI creation, flawlessly imitating the artists' musical styles and voices. This incident exposed the potential for AI to deceive and manipulate, blurring the lines between authenticity and imitation.This era of generative AI has ushered in a new paradigm, where not only are judges and fans being fooled, but malicious actors are exploiting the technology for personal gain. Voice cloning, powered by AI, has become a tool for scammers to steal personal information and deceive unsuspecting victims out of their money. The implications are far-reaching, challenging notions of trust and raising concerns about privacy and security in an increasingly AI-driven world.Amidst these pivotal developments, the esteemed musician and technology enthusiast, Vernon Reid, enters the stage. Known as one of Rolling Stone's '100 Greatest Guitarists of All Time,' Reid brings a unique perspective to the conversation. With his vast experience and passion for technology, he joins James in a discussion that delves into the evolving creative process and the profound implications of Large Language Models (LLMs) in shaping today's culture.Together, they navigate the complex landscape of AI's impact on creativity, touching upon questions surrounding artistic authenticity, the role of human intuition in the creative process, and the ethical considerations raised by the potential misuse of AI. Reid's insights shed light on the opportunities and challenges presented by LLMs, and their profound implications for the future of art, music, and human expression.To book this guest, contact Cricket PR: 212-363-0654------------What to write and publish a book in 30 days? Go to JamesAltucherShow.com/writing to join James' writing intensive!What do YOU think of the show? Head to JamesAltucherShow.com/listeners and fill out a short survey that will help us better tailor the podcast to our audience!Are you interested in getting direct answers from James about your question on a podcast? Go to JamesAltucherShow.com/AskAltucher and send in your questions to be answered on the air!------------Visit Notepd.com to read our idea lists & sign up to create your own!My new book Skip the Line is out! Make sure you get a copy wherever books are sold!Join the You Should Run for President 2.0 Facebook Group, where we discuss why you should run for President.I write about all my podcasts! Check out the full post and learn what I learned at jamesaltucher.com/podcast.------------Thank you so much for listening! If you like this episode, please rate, review, and subscribe  to "The James Altucher Show" wherever you get your podcasts: Apple PodcastsStitcheriHeart RadioSpotifyFollow me on Social Media:YouTubeTwitterFacebook ------------What do YOU think of the show? Head to JamesAltucherShow.com/listeners and fill out a short survey that will help us better tailor the podcast to our audience!Are you interested in getting direct answers from James about your question on a podcast? Go to JamesAltucherShow.com/AskAltucher and send in your questions to be answered on the air!------------Visit Notepd.com to read our idea lists & sign up to create your own!My new book, Skip the Line,... See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

30 Maj 20231h 21min

What does it sound like when you change your mind?That's the name of the book Seth Godin was about to publish when James interviewed him. He only printed 5,500 copies. And he's not printing anymore.He doesn't view a book as just pages surrounded by two covers. He makes a 3-dimensional object that's beautiful to look at and read."It's not new," he said on my podcast. "It's the best of the last four years of my work. And it's illustrated with hundreds of photos by Thomas Hawk, who's the most prolific and talented internet photographer."The book weighs 18 pounds. And it's 800 pages long.I asked him about art and marketing... and he told me about life.A) START FROM THE BEGINNING"No business, no project, no novel ever started big," Seth said.It started with fear, uncertainty, excitement, possibility. Tons of "what if's" that lead to real action. And real action halts the what if's. The "what if's" turn to "what is".Seth said, "Instead of saying, 'I need to leap to the middle,' say, 'I'm going to start with people who want to engage with me.'"All successes start with one person. That's it. One person, then two, then three.Success is a curve. We all know it. Don't try to cheat the curve.B) KNOW YOUR WORLDI asked Seth, "How do you know what the world wants to hear?""Well, first of all, never the whole world," he said. "You pick your world."Where do you hurt? Where do you feel a knot? Can you loosen it up and ease the pressure?Can you create something for the people (or person) who want to love what you want to love?C) WHAT DO YOU CARE ENOUGH TO SAY?We talked about Facebook. And the Lays Potato Chip guy who re-designed the bag. His job was to make it sound crunchier.Kids had slamming competitions. Who could slam a soda the fastest? So Coke-A-Cola created a bottle with a mouthpiece meant to maximize chugging efficiency.They sold products. But it's the message that matters.I always say: message over money.Invention happens at the edges. Between heart and lungs, breath and vocal cords is the message. It's the thing you want to say. The thing you're afraid to say."What really matters isn't what time you posted on Facebook," Seth said. "What matters is, what did you care enough to say?D) ANYONE CAN LEAD..."'Purple Cow' says, 'How do I sit in my office and make a thing that people talk about?'""What 'Tribes' says is 'Now that anyone can stand up and lead (because anyone can have a media channel... because anyone can make a connection) will you choose to lead? And if you're going to lead, who will you lead? How will you connect with the people you're leading? That is marketing, but it's also life."E) CULTURE BEATS EVERYTHING"No one has a Suzuki tattoo," Seth said."What's a Suzuki tattoo?" I asked.Then I got it. Harley Davidson makes half their revenue licensing its brand. T-shirts, jackets, etc."If you're in the Harley tribe, you can't show up on a Suzuki," he said."Tribes aren't about the alpha to the omega. Leaders always go away. The alpha person dies or moves on. But the tribe doesn't. The tribe persists. Because culture beats everything. Scenes have a culture. Tribes have a culture. It's the culture that determines how an organization makes its choices, how a nation will evolve."I've said this before. It doesn't matter who the president is. What matters is who you surround yourself with. Who's in your tribe? Who's in your heart?And if they're toxic to your creativity or well-being, detox now."The Beatles didn't invent teenagers. I'm not saying we invent our tribe. We just show up to lead them."I didn't invent the choose yourself community. The cubicle job did.F) SHOW UPI'll never say what other people should do. I just say what I like to do. I say what gets me past just getting by."Half my blog posts are below average," Seth said.I asked if he feels bad.Intellectually, I understand failure. But it still hurts. It can turn your life upside down.... See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

27 Maj 202357min

Exponential Organizations 2.0, by Peter Diamandis & Salim Ismail, is a new book - and a new book format - that offers valuable insights into how companies can achieve exponential growth and impact by leveraging the latest technologies. You can now talk directly with the book that generated $1B for Procter & Gamble using OpenExO's chatbot, AI-X. You can register for free for the Exponential Organizations 2.0 Launch Event on June 6th, 2023 at 8 am PST, which will give you access to this new book as well as the ability to watch a 3-hour webinar discussing specifics of these topics with the book's authors.In today's episode, Peter and Salim discuss the billion-dollar businesses of the next decade, focusing on the 11  attributes of ExOs laid out in the book. Not all ExOs exhibit all 11 attributes, but they all incorporate many of them.The first 10 attributes of an Exponential Organization can be divided into "outward facing" and "internally facing" traits. The first five, encapsulated by the acronym SCALE, are outward-facing attributes, and the second five, encapsulated by the acronym IDEAS, are internally-facing attributes.SCALE attributes:Massive Transformative Purpose (MTP)Staff on DemandCommunity and CrowdAlgorithms and AILeveraged AssetsIDEAS attributes:InterfacesDashboardsExperimentationAutonomySocial TechnologiesFor example, a company like Uber uses a gig economy platform to hire external workers on a per-project basis (Staff on Demand) and leverages social media to engage with and learn from a community of like-minded individuals (Community and Crowd), exhibiting SCALE attributes. Meanwhile, a company that encourages experimentation in all departments of the organization and allows individual employees or teams to operate independently and effectively (Autonomy), exhibits an IDEAS attribute.In addition to these, the eleventh attribute is a culture of experimentation. This attribute refers to the importance of constantly testing new ideas and approaches in order to stay ahead of the competition and discover new opportunities for growth. For example, Google's "20% time" policy allows employees to spend 20% of their time working on their own projects, which led to the creation of innovative products like Gmail and Google Maps.This book is a must-read for anyone looking to future-proof their organization and this interview will convince you why.After you listen, remember to register for free for the Exponential Organizations 2.0 Launch Event being held June 8th, 2023 at 8 am PST!------------What to write and publish a book in 30 days? Go to JamesAltucherShow.com/writing to join James' writing intensive!What do YOU think of the show? Head to JamesAltucherShow.com/listeners and fill out a short survey that will help us better tailor the podcast to our audience!Are you interested in getting direct answers from James about your question on a podcast? Go to JamesAltucherShow.com/AskAltucher and send in your questions to be answered on the air!------------Visit Notepd.com to read our idea lists & sign up to create your own!My new book Skip the Line is out! Make sure you get a copy wherever books are sold!Join the You Should Run for President 2.0 Facebook Group, where we discuss why you should run for President.I write about all my podcasts! Check out the full post and learn what I learned at jamesaltucher.com/podcast.------------Thank you so much for listening! If you like this episode, please rate, review, and subscribe  to "The James Altucher Show" wherever you get your podcasts: Apple PodcastsStitcheriHeart RadioSpotifyFollow me on Social Media:YouTubeTwitterFacebook ------------What do YOU think of the show? Head to JamesAltucherShow.com/listeners and fill out a short survey that will help us better tailor the podcast to our audience!Are you interested in getting direct answers from James about your question on a podcast?... See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

25 Maj 202358min

What a treat today's interview is. The legendary actress Sally Struthers and director Allan Piper talk with James about their new horror film eVil Sublet one week after its Best Feature debut win at the Coney Island Film Festival. Our guests discuss the rogue production techniques, filmed on location in Allan & his wife/star Jennifer Leigh Houston's apartment and a storage unit during the height of the pandemic, and the lengths New Yorkers will do to score a deal on an affordable rental. We also hear the backstory of Sally's first decade of television stardom on All in the Family and Gloria & Allan's lengthy background as a director working on presidential campaigns over the last 20 years.This conversation goes all over the place, and you'll love every minute of it.------------What to write and publish a book in 30 days? Go to JamesAltucherShow.com/writing to join James' writing intensive!What do YOU think of the show? Head to JamesAltucherShow.com/listeners and fill out a short survey that will help us better tailor the podcast to our audience!Are you interested in getting direct answers from James about your question on a podcast? Go to JamesAltucherShow.com/AskAltucher and send in your questions to be answered on the air!------------Visit Notepd.com to read our idea lists & sign up to create your own!My new book Skip the Line is out! Make sure you get a copy wherever books are sold!Join the You Should Run for President 2.0 Facebook Group, where we discuss why you should run for President.I write about all my podcasts! Check out the full post and learn what I learned at jamesaltucher.com/podcast.------------Thank you so much for listening! If you like this episode, please rate, review, and subscribe  to "The James Altucher Show" wherever you get your podcasts: Apple PodcastsStitcheriHeart RadioSpotifyFollow me on Social Media:YouTubeTwitterFacebook ------------What do YOU think of the show? Head to JamesAltucherShow.com/listeners and fill out a short survey that will help us better tailor the podcast to our audience!Are you interested in getting direct answers from James about your question on a podcast? Go to JamesAltucherShow.com/AskAltucher and send in your questions to be answered on the air!------------Visit Notepd.com to read our idea lists & sign up to create your own!My new book, Skip the Line, is out! Make sure you get a copy wherever books are sold!Join the You Should Run for President 2.0 Facebook Group, where we discuss why you should run for President.I write about all my podcasts! Check out the full post and learn what I learned at jamesaltuchershow.com------------Thank you so much for listening! If you like this episode, please rate, review, and subscribe to "The James Altucher Show" wherever you get your podcasts: Apple PodcastsiHeart RadioSpotifyFollow me on social media:YouTubeTwitterFacebookLinkedIn See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

23 Maj 202353min

Why do we use money? How did we get to the point where billions of US dollars can be created by the Federal Reserve with the click of a button for bills that are never printed and have no relation to the finite assets those dollars used to be pegged against? Are cryptocurrencies and the digital blockchain the next evolution of worldwide finance?The answer - according to Omid Malekan - is trust, and on today's episode of Ask Altucher, he and James take this conversation back thousands of years to the beginning of 'commodity money' and walk through its evolution to the present day.Omid has been studying the relationship between trust and money for decades, working as a stockbroker, lead cryptocurrency consultant for Citi Group, professor at Columbia Business School, and author of  several books, including Re-Architecting Trust: the Curse of History and the Crypto Cure for Money, Markets and Platforms as well as The Story of the Blockchain: A Beginner's Guide to the Technology That Nobody Understands.If you ever wanted to understand how and why the worldwide financial system operates, Omid explains it all in explicit yet accessible detail. Even seasoned financial professionals will take new nuggets of information away from this conversation.------------What to write and publish a book in 30 days? Go to JamesAltucherShow.com/writing to join James' writing intensive!What do YOU think of the show? Head to JamesAltucherShow.com/listeners and fill out a short survey that will help us better tailor the podcast to our audience!Are you interested in getting direct answers from James about your question on a podcast? Go to JamesAltucherShow.com/AskAltucher and send in your questions to be answered on the air!------------Visit Notepd.com to read our idea lists & sign up to create your own!My new book Skip the Line is out! Make sure you get a copy wherever books are sold!Join the You Should Run for President 2.0 Facebook Group, where we discuss why you should run for President.I write about all my podcasts! Check out the full post and learn what I learned at jamesaltucher.com/podcast.------------Thank you so much for listening! If you like this episode, please rate, review, and subscribe  to "The James Altucher Show" wherever you get your podcasts: Apple PodcastsStitcheriHeart RadioSpotifyFollow me on Social Media:YouTubeTwitterFacebook ------------What do YOU think of the show? Head to JamesAltucherShow.com/listeners and fill out a short survey that will help us better tailor the podcast to our audience!Are you interested in getting direct answers from James about your question on a podcast? Go to JamesAltucherShow.com/AskAltucher and send in your questions to be answered on the air!------------Visit Notepd.com to read our idea lists & sign up to create your own!My new book, Skip the Line, is out! Make sure you get a copy wherever books are sold!Join the You Should Run for President 2.0 Facebook Group, where we discuss why you should run for President.I write about all my podcasts! Check out the full post and learn what I learned at jamesaltuchershow.com------------Thank you so much for listening! If you like this episode, please rate, review, and subscribe to "The James Altucher Show" wherever you get your podcasts: Apple PodcastsiHeart RadioSpotifyFollow me on social media:YouTubeTwitterFacebookLinkedIn See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

22 Maj 202351min

Jon Morrow was facing an existential threat to the future of his livelihood's existence. He needed to figure out whether Chat-GPT was truly capable of authoring content that surpassed his team of copywriters at Smartblogger. After hundreds of hours of testing, Jon found his answer and made his choice: embrace the future.Jon has now published a book written completely by AI based on his exhaustive writing prompt discoveries, selling over 2,000 copies per week and a perfect 5-star average rating on Amazon. As Jon says, "You can only write a great prompt for AI if you truly understand the output you want. Because I'm better at writing headlines than 99.9% of writers, I can create a better prompt."Today's compelling episode follows James and Jon as they break down the structure and rationale behind Jon's discoveries. You'll hear James generate headlines and draft outlines in real-time using the specific prompts and methods outlined in Jon's new book to breathtaking results.Want your own copy of Jon's book for a fraction of the price? He's set up a special link for James Altucher Show listeners to buy AI Writer for $1 along with 3 sets of bonus material. Go to SmartBlogger.com/James to get your copy today.------------What to write and publish a book in 30 days? Go to JamesAltucherShow.com/writing to see James' writing intensive!What do YOU think of the show? Head to JamesAltucherShow.com/listeners and fill out a short survey that will help us better tailor the podcast to our audience!Are you interested in getting direct answers from James about your question on a podcast? Go to JamesAltucherShow.com/AskAltucher and send in your questions to be answered on the air!------------Visit Notepd.com to read our idea lists & sign up to create your own!My new book Skip the Line is out! Make sure you get a copy wherever books are sold!Join the You Should Run for President 2.0 Facebook Group, where we discuss why you should run for President.I write about all my podcasts! Check out the full post and learn what I learned at jamesaltucher.com/podcast.------------Thank you so much for listening! If you like this episode, please rate, review, and subscribe  to "The James Altucher Show" wherever you get your podcasts: Apple PodcastsStitcheriHeart RadioSpotifyFollow me on Social Media:YouTubeTwitterFacebook ------------What do YOU think of the show? Head to JamesAltucherShow.com/listeners and fill out a short survey that will help us better tailor the podcast to our audience!Are you interested in getting direct answers from James about your question on a podcast? Go to JamesAltucherShow.com/AskAltucher and send in your questions to be answered on the air!------------Visit Notepd.com to read our idea lists & sign up to create your own!My new book, Skip the Line, is out! Make sure you get a copy wherever books are sold!Join the You Should Run for President 2.0 Facebook Group, where we discuss why you should run for President.I write about all my podcasts! Check out the full post and learn what I learned at jamesaltuchershow.com------------Thank you so much for listening! If you like this episode, please rate, review, and subscribe to "The James Altucher Show" wherever you get your podcasts: Apple PodcastsiHeart RadioSpotifyFollow me on social media:YouTubeTwitterFacebookLinkedIn See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

18 Maj 20231h 14min