Quotes from James Altucher

Try this exercise: pretend everyone was sent to this planet to teach you. Famous people, dead people, your neighbors, your relatives, your co-workers. This will give you a strong feeling of humility. And guess what, you will learn from people, you will appreciate them more, and they will actually appreciate you more. Because everyone loves to teach.

IDEAS ARE THE CURRENCY OF LIFE. Not money.

But action leaks the panic out of your head.

The typical answer is "I study four hours a day.

IDEAS ARE THE CURRENCY OF LIFE. Not money. Money gets depleted until you go broke. But good ideas buy you good experiences, buy you better ideas, buy you better experiences, buy you more time, save your life. Financial wealth is a side effect of the "runner's high" of your idea muscle.

Prominent behavioral psychologist Dan Ariely has done research that tells us that the peak productivity period in a person's day is 2-5 hours after they wake up. After that, he says, there are declining returns on the work you put in.

What advice would you give me in terms of how I value this?

Ultimately, the best speakers are the ones who have put 10,000 hours into listening.

Mastery begins when formal education ends.

Take a camera. Make a YouTube video. Make 100 YouTube videos. Now you have a show. All by yourself.

A) Should I Daytrade? Only if you are also willing to take all of your money, rip it into tiny pieces, make cupcakes with one piece of money inside each cupcake and then eat all of the cupcakes. Then you will get sick, and eat all of your money, but it will taste thrilling along the way. Which is what day-trading is.

If you practice and make your idea muscle sweat and get in good shape, then 250 million dollars will not even mean that much

the only way to have success is to build the foundation for it.

You can't get good at something if you are working twenty hours a day. In fact, something is very wrong in your life if that is how much you are working at one thing.

So how can one make money in the market? I told you about: #1. Pick some stocks and hold them forever.

P) The 5 × 5 RULE You're the average of the 5 people you spend time with. You're the average of the 5 thoughts you most have. You're the average of the 5 types of food you eat. You're the average of the 5 things you are most grateful for. You are the average of the 5 things you are reading today.

Perfectionism is the enemy of the idea muscle.

If you tell someone that getting a job and a salary might not be the best way to make money, in fact it might be the best way to go broke, this doesn't even compute. The investment bias is too large. "This is my entire life you're talking about!" This

But the only way to take advantage of that abundance is to learn the skills, the habits, the hacks, the techniques, the tricks, the wonders of how to succeed and accomplish in this new world of innovation and freedom.

idea generation, of the good kind, the kind that helps you AND OTHERS, which is the type you will exercise in this book, is worth ten times that, or more.

Try many things. One thing I realized is that quantity equals quality. People think it's one or the other but it's not. When you have a quantity of ideas and things you are trying, you will find quality.

Humans are great storytellers. That's what separates us from every other species.

the only thing that gets results is action. Not a single ounce of greatness in history ended with thoughts. It happened with hands. With actions.

The ability to ignore the instant chatter of the mind and to recognize there is something beyond it. There is wisdom beyond it, from the fountain of silence. This is the only way to choose yourself.