551: James Altucher, The Altucher Report, COVID-19 Population Migration


Manage episode 263201027 series 2615
By Jason Hartman, Jason Hartman talks to Joe the Plumber, Janice Dean, Bernard Kerik, Senator Byron Dorgan, Daniel Flynn, Susan Crawford, Navy SEAL Team Six, G. Edward Griffin, Craig Hulet, Gerald Celente, Matthew Stein, Steven Greenhut, Charles Goyette, John Perkins, Catherine Austin Fitts, John R. Lott, Joel Skousen, James Wesley Rawles, Dr. Peter Breggin, Jerome Corsi, and Wayne Allyn Root. Discovered by Player FM and our community — copyright is owned by the publisher, not Player FM, and audio is streamed directly from their servers. Hit the Subscribe button to track updates in Player FM, or paste the feed URL into other podcast apps.

James Altucher joins Jason to share his viewpoints on the economy, stocks, and more specifically the stimulus. As well, listen to the seriousness of this pandemic from a New Yorker’s perspective, and what it’s like managing life in the most challenging U.S. coronavirus area.

James also discusses his moves in the stock market, and why he favors certain positions. As well, this pandemic will accelerate our development with technology and how we perceive colleges vs certificates.

Key Takeaways:

Guest: James Altucher

[2:30] The New York and New Jersey Coronavirus perspective vs the rest of the nation.

[5:30] “The earlier models were wrong”

[10:10] “As long as you keep seeing insanity happen, those are all canaries in the coal mine.” -Altucher

[11:00] We know that the economy is going to wake up, we just don’t know when and how.

[12:40] Understanding why we should prep for supply shock.

[14:15] The GDP of a year is about 20 trillion dollars, 5 trillion per quarter. There is an expectation that 2 to 3 trillion will be withdrawn from the economy this quarter.

[18:30] Is this stimulus enough, are the right people getting it?

[20:10] We, the proverbial We, all live better now than the richest people of the past.

[28:39] Don’t buy SPY “the spider”, go with RVT instead. Royce Value Trust Inc

[29:20] Anything that was going to happen in ten years, will happen tomorrow

[31:00] Altucher shares his preferences on stocks based on some forced trends bound to happen in the next ten years.

[35:45] Florida has “luxury weather.”

[39:30] 40 alternatives to college, with James Altucher.






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533 episodes