An inside look at james altucher’s altucher investment network
The Altucher Investment Network aims to provide actionable investment ideas and education to help everyday investors grow their wealth. At the core of the network is Altucher’s popular podcast “The James Altucher Show” where he interviews successful entrepreneurs and investors about their careers, mindsets, and money strategies. His irreverent style and willingness to tackle taboo topics have attracted over 20 million downloads.
The flagship offering of the Altucher Investment Network is an investment research advisory called “Altucher’s Investment Accelerator?” This service provides subscribers with monthly stock recommendations based on an investment framework, which prioritizes small companies with large growth potential. The key is identifying businesses that are at an inflection point and poised for exponential growth before the crowd catches on. The service also includes access to model portfolios, explanatory videos, regular Q&A sessions, and a community forum.
The Altucher Report marketing materials claim subscribers could have the chance to get in early on “the next Amazon” and target returns of 25-50% per year through Altucher’s picks. While skeptics may scoff at such aggressive projections, the track record shows some remarkable winners. For example, past recommendations went on to gain over 1000% after Altucher suggested them near their early stages. Of course, like any growth-oriented strategy, losses are inevitable and diversification is necessary. Still, Altucher’s approach aims to uncover big winners that more than compensate for the inevitable losers over time. In reviewing materials from the altuchers investment network review, some key principles emerge that underpin the overall investing philosophy:
- Focus on future potential rather than current fundamentals – Altucher wants to identify growth stocks early before valuation metrics look attractive to traditional analysts. His picks may not have profits yet but show signs of reaching an inflection point.
- Ride winners as long as possible – Altucher advises holding on to stocks demonstrating strong momentum rather than trying to sell at the top or diversify too early. A few home runs matter more than scratching singles.
- Cut losers quickly and learn from mistakes – Any failed investment is a learning opportunity to refine your framework. Successful investing requires an acceptance of losing money at times.
- Go against the crowd – Altucher deliberately tries to zig when others zag, buying when others are fearful, and contrarian opportunities emerge.
- Leverage mega trends – He aims to identify stocks riding larger socioeconomic shifts in technology, media, healthcare, and other sectors. These massive trends lift many boats over time.
While Altucher frames his advisory in get-rich-quick terms at times, his core ideas around understanding business lifecycles and exponential growth potential hold merit for investors with longer time horizons. His entertaining storytelling and enthusiasm make the lessons more accessible for average folks looking to sharpen their investing skills. Some members have complained that the Investment Accelerator service recommends too many stocks rather than focusing on just the top ideas. With around 4-6 new picks per month plus updates on past recommendations, it is a lot to track for those with smaller portfolios. There are also concerns that as the service has grown, the quality of recommendations and customer service has declined. But overall, most reviews indicate that Altucher delivers substantial value for the subscription fee.