To Win, Just Don’t Die

Investment lessons with James Altucher [Altucher Confidential] November 23, 2023 [WEBSITE]( | [UNSUBSCRIBE]( The market wants you to make money. It wants you to succeed. To invest in good companies. To be an entrepreneur. [Hero_Image] To Win, Just Don’t Die [James Altucher] JAMES ALTUCHER Dear Reader, Happy Thanksgiving. I’m going to take the holiday to talk a little about what an idiot I am. Getting started with investing. It was one thing to make some random trades in the Internet boom. But then to make the leap to professional investing! It starts with making money with my own money. Which is hard enough. Painful. But then to make money investing for others. UGLY! I’ve been doing it now for over 20 years. I really hate it. But I love it. Hate it. Love it. Hate it. Why do I do this? Sometimes I wish I would take on simple hobbies and passions. Ralph Maccio in the show, Cobra Kai, is a car dealer and has a hobby of pruning Bonsai trees. He needs the hobby because he is horribly mediocre at his other passion, which is karate. And God forbid he developed a passion for acting because he would not be good at that. Bonsai trees. Stamp collecting. Stamps don’t really disappoint you. I started writing books in 1990. I wrote novels and short stories. It’s hard to sit down and write. Even this article, 32 years later. From 1990-1995 I wrote about 50 short stories. And 4 novels. For each short story, I was very aggressive (and overly confident) about publishing them. All of them. I was the greatest writer! I had so much delusion. [(1) item]( on hold at our warehouse: Item #: [51987]( Status: On hold Value: Approx. $300 Claim by date: 11/26 at 11:59 PM To see how to claim yours simply [click here]( our Head of Customer Experience will show you what you need to do. I sent each story out to an average of 40 literary journals and magazines. I sent out each novel to about a dozen publishers and 30 agents. Every single short story and novel I wrote during this period was rejected by everyone. And I’m not exaggerating the numbers. It was a full time job sending out these wastes of paper to magazines, publishers, agents. A full time job after the writing. I was thrown out of graduate school because I was writing too much. Lost jobs, relationships, so much. And for what. Over 2,000 rejection letters. Since then I’ve written and published 25 books. And most of them have made me zero money. And most of them are no good. Please do not ever buy my book, SuperCash, written in 2006. But, I am proud of one book I wrote under a pseudonym, and given the events of the past week it is appropriate to post it here: [The Autobiography of Prince George Alexander Louis Windsor]( I gave myself the challenge to write AND PUBLISH a novel in a weekend. So I did it the week Prince George was born. He was three days old when I had him write his autobiography with the help of his sturdy butler, John Kenneth Rowling (get it?). It’s a classic masterpiece by me. 35% of the reviews are 1 star reviews. People just don’t get me! What pain. All the time. Every single day someone gets up the energy to send me a note about how much they dislike something I did. So what did I do? I started playing poker as a hobby. No problem, let’s play a game where I lose money the first six months of playing every night. Coming home at 4am through Madison Park with all the rats out and down another $500. So, of course, take on a more pleasant hobby and then profession. Professional investing and trading. And later, standup comedy, chess, more writing, more businesses. You would think playing a game would be fun. As Bruce Springsteen says, “it’s called ‘playing’ for a reason.” In a chess tournament, you sit there for four hours, twice in one day. Eight hours where you can’t speak to anyone else and you are just alone with your thoughts, inches from your opponent. Imagine losing twice in one day. The eight hours of self-talk. The bitterness, the anger, the five stages of grief. The feelings of being a loser and “this is like that time when I sucked at that other thing” over and over. You have to really like yourself in order to play chess. Unfortunately, I realized I have to work on that part of my game. You have to really like yourself to invest. The market wants you to make money. It wants you to succeed. To invest in good companies. To be an entrepreneur. My team and I are always on the lookout for the BIGGEST investment trends of the decade. As I show in my [latest interview]( If you’re not in this sector, you’re going to fall way behind. Check it out. [It could change everything](. Until next time, [James Altucher] James Altucher for Altucher Confidential The 2 AI investing traps revealed [must read] Investor and entrepreneur James Altucher made millions during the crypto boom. Many “experts” are now saying… [Artificial Intelligence opportunities could be even bigger.]( But don’t believe the hype. Before you invest one penny in AI… See James reveal the [2 AI investing TRAPS]( that will doom many investors… Yes, making money from AI SHOULD be easy… But most AI investors will fall flat on their faces. Because they don’t know the 2 AI investing TRAPS. [See the 2 AI investing traps here now]( [Paradigm]( ☰ ⊗ [ARCHIVE]( [ABOUT]( [Contact Us]( © 2023 Paradigm Press, LLC. 808 Saint Paul Street, Baltimore MD 21202. By submitting your email address, you consent to Paradigm Press, LLC. delivering daily email issues and advertisements. 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