Pretty good article by Altrucher:
http://www.jamesaltucher.com/2011/06/pl ... -will-die/
Plug All of Your Leaks Or You Will Die
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Plug All of Your Leaks Or You Will Die
"Now remember, when things look bad and it looks like you're not gonna make it, then you gotta get mean. I mean plumb, mad-dog mean. 'Cause if you lose your head and you give up then you neither live nor win. That's just the way it is. "
Re: Plug All of Your Leaks Or You Will Die
Thanks, that was quite an enjoyable read. I'm not familiar with this blogger, but what a frantic, urgent writing style!
Browne's "How I Found Freedom in an Unfree World" touches on some of these same points about "leaks", referring to them as "traps".
Browne's "How I Found Freedom in an Unfree World" touches on some of these same points about "leaks", referring to them as "traps".
Re: Plug All of Your Leaks Or You Will Die
Altucher's work has been a little uneven lately (his dow 20,000 call by the end of next year being one example), but that was a great piece.
Thanks for posting.
Thanks for posting.
Q: “Do you have funny shaped balloons?”
A: “Not unless round is funny.”
A: “Not unless round is funny.”
Re: Plug All of Your Leaks Or You Will Die
So a >60% appreciation in the stock market in less than a year and a half? What would justify a prediction like that?MediumTex wrote: Altucher's work has been a little uneven lately (his dow 20,000 call by the end of next year being one example), but that was a great piece.

Re: Plug All of Your Leaks Or You Will Die
It was an appearance on CNBC.Lone Wolf wrote:So a >60% appreciation in the stock market in less than a year and a half? What would justify a prediction like that? :o I'll have to google that piece.MediumTex wrote: Altucher's work has been a little uneven lately (his dow 20,000 call by the end of next year being one example), but that was a great piece.
Altucher is also a frequent guest on Yahoo's Tech Ticker. His beaver pelt hairdo is instantly recognizable.
Q: “Do you have funny shaped balloons?”
A: “Not unless round is funny.”
A: “Not unless round is funny.”
Re: Plug All of Your Leaks Or You Will Die
He feels that large caps are drastically undervalued and that the effects of QE2 are about to kick in.
Re: Plug All of Your Leaks Or You Will Die
I think he's probably a borderline personality -- but highly intelligent and entertaining, nonetheless.
"Now remember, when things look bad and it looks like you're not gonna make it, then you gotta get mean. I mean plumb, mad-dog mean. 'Cause if you lose your head and you give up then you neither live nor win. That's just the way it is. "