BigDeal

If I was broke in 2024, here’s exactly what I’d do… (feat. James Altucher)

19 snips
May 14, 2024
Hedge fund manager and author James Altucher joins the podcast to discuss rebuilding after losing millions and surviving public failure. They cover embracing experimentation, navigating criticism, breaking the cycle of poverty, and choosing kindness. Practical steps to escaping poverty and the path out of brokeville are highlighted, providing insights and strategies for financial recovery.
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ANECDOTE

From Riches to Rags

  • James Altucher, once a hedge fund manager, experienced both immense financial success and devastating loss.
  • He recounts going from $15 million to $193 and the emotional toll it took.
INSIGHT

The Power of Vulnerability

  • Sharing failures connects people deeply and builds trust, unlike superficial connections based on success.
  • Vulnerability is crucial for genuine connection and honest communication.
ANECDOTE

The Double Downfall

  • Despite selling companies for millions, James Altucher found himself broke twice.
  • Codie Sanchez and James Altucher discuss the feeling of hitting zero and the emotional turmoil it causes.
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