Comments on: Why I Started Stockpickr

By: Tadyrall Jarrett

Tadyrall Jarrett — Tue, 12 Nov 2013 05:10:00 +0000

I wonder if those $10 Billion hedge funds still would be interested in that software still? It has been 2 years ago. hhmmmm

By: Kamal Ravikant

Kamal Ravikant — Wed, 11 Apr 2012 12:25:00 +0000

Wow, James, outside of the humor (burst out laughing several times), some great truths in here, the one that made me go wow, “You need magic at some point to know an idea is good. What’s magic? It’s that feeling you get when everyone is writing you saying, “I can’t live without this website.” It’s that feeling you get when even you think, “I can’t live without this website.”

Gonna remember that, thanks!

By: Spyfrat

Spyfrat — Mon, 09 Apr 2012 13:35:00 +0000

hi boss trader, fancy meeting u here :) nice article eh

By: Guest

Guest — Sun, 08 Apr 2012 21:35:00 +0000

I’ve got a good idea for mking money and am wondering if I need to worry about hackers. We’ve all heard about Eurasian and Chinese hackers involved in stealing commercial secrets and general mayhem, etc. just wondering if it is the kind of thing to worry about for a good startup.

By: Gmrbluee

Gmrbluee — Sat, 07 Apr 2012 18:01:00 +0000

Funny you should mention the 13f, below cost trading strategy. I just started a mutual fund with this strategy (funded with 16m to start) at the beginning of March…

By: Brian Paul

Brian Paul — Thu, 05 Apr 2012 21:14:00 +0000

If you have a little money you can get a prototype built, there are some interesting ways to interview prospective technical people if you are non-technical.

Shoot me an email if you have questions.

By: Jose Santiago Casanova

Jose Santiago Casanova — Thu, 05 Apr 2012 20:36:00 +0000

“And then I sold it.
I don’t get attached to anything.”
My favorite part

By: kip kypuros

kip kypuros — Thu, 05 Apr 2012 17:49:00 +0000

okay – I will bite…
challenge to find truly original ideas – this is the note pad idea – writing 10 per day – fun but tough even when they begin to flow …
Business is basically – simplistic I know but
Services
Products
Components for someone else to use
Investment in others –
Most businesses fall into one of the above – this along the lines of JA’s previous 3 things to succeed.. Simple – youself, things and others – narrowing

The supposition that completely unique ideas are at best difficult. – is not defeatist but rather pragmatic. Why not work off the the blueprint of something that is already proven? Tweak it – twist it – make it yours This is the challenge – find a missing component but use the building blocks that are in place…
Don’t do it but for shame for discouraging others.. I don’t design buildings with new materials – rather I am using the same building blocks that have been in place for years, centuries and millenia (dirt) – but I tweak ’em, use em to fit a new need…..certainly I can not predict its shape after an earthquake but it will be constructed again using something that was in place and ready to use many years before (caveat – seismic research ongoing and necessary – but parts are the same, equations unchanged)
apologies – but this was off the cuff – not much thought – back to work now…soon back to play time..

By: kip kypuros

kip kypuros — Thu, 05 Apr 2012 14:38:00 +0000

I can not afford to buy it but I am willing to recreate it – and retain you as sole advisor….interested.

By: James Altucher

James Altucher — Thu, 05 Apr 2012 09:48:00 +0000

The problem was I had all sort of other things going on and when I really looked at the economics there was a chance the 100mm could’ve been a disaster for me. In a weird way, I don’t like to take chances.