SEPTEMBER 2018, VOLUME 4 | ISSUE 7
INSIDE THIS ISSUE
The Altucher Report Made Me Rich,
by Trevor Chapman
A few years back, I introduced my readers to the
Alibaba Arbitrage. One reader in particular ran
with the idea… and made a fortune. Here’s how
he did it…
Page 7
Canna-Businesses, Continued
This month, I have yet another incredible business
story from an entrepreneur who found a way to
make it big in the legal marijuana industry…
Page 10
The Podcast Corner: Roy Niederhoffer
How do you take the pain?
Page 13
Crypto Corner: Crypto Is a Global
Phenomenon — Here’s How We’ll
Take Advantage
This month, I provide insight into one Russian firm
that has the opportunity to lead the red state’s
cryptocurrency efforts… and make investors very
rich in the process.
Page 14
The Altucher Report Portfolio
Page 16
FORGET BOOK SALES…
Here’s How You REALLY Make Money
Self-Publishing…
When I was a kid, I wanted to be a thing. I’d just stare at a paper. How
writer. would I even describe the moves?
Rotate the top? Spin the middle a
I even got a publishing deal. I was half-rotation? I didn’t know what I
really good at solving a Rubik’s Cube was doing and nobody could help
during the infamous “Rubik’s Cube me and I couldn’t look it up on the
mania” of 1982. I would obsessively internet.
try to solve a Rubik’s Cube, and I
think I had my time down to about And then my teachers started ban-
a minute. ning me from bringing in a cube to
class. My rights to free cubing were
Now people can do it blindfolded being infringed upon!
in 12 seconds or
something insane like And then my “pub-
that. But at the time, I I wanted to be an lisher” went to jail.
felt like I was the first author. I wanted Apparently in his old
one to do it that fast. to have a comma. business (he would
Or the second. James Altucher, dispose of garbage
made of steel and re-
I wanted to write a comma, 'author.'
cycle the steel) he was
book about it. I con- bribing people to get
tacted a small, obscure publisher. him steel that wasn’t garbage from
He said to me, “If you write it, I’ll construction sites. Or something
buy it.” like that. I never understood. But
he went to jail.
So I started writing it. But I had
a problem. I started to like girls. That wasn’t my first attempt at a
I started to obsess. And I’m not book. But it was the closest I got
blaming anyone, but I got writer’s during my 12 grades of school.
block.
I wanted to be an author. I wanted
There were no computers then so to have a comma. James Altucher,
I was trying to handwrite every- comma, “author.”
continued on next page…
I didn’t even think about the
money. I felt worthless in every
other area of my life. Bullies were
bullying. Girls weren’t going out
with me. My parents were busy. I
was lonely.
I thought having a book would
give me some status. Maybe I
would make some friends.
I thought writing a book would
allow me to forever join some com-
munity of authors. They would
never be able to kick me out.
But I relied too much on someone
else choosing me.
And of course, I couldn’t write
down a single page.
The Gatekeepers
Are Gone
In 2003 I finally got a deal to write
my first book. I wrote the book
during the summer of 2003 and it
came out around March 2004.
I wrote 18 books after that. The
only year I didn’t write a book was
2017, but I was focused on going
up on stage doing stand-up come-
dy, and that took my book-writing
time. I also started doing three
podcasts a week (now I’m back
down to two) and I was advising
on the TV show Billions.
But there are still a few months left
in 2018 and I have a book or two in
me that I’m going to release soon.
With my 19 books, I would say I’ve
tried four methods of publishing:
• Traditional mainstream publish-
ing (HarperCollins, Random
House, Penguin, Hay House and
Wiley have all published me)
• Unprofessional self-publishing,
where I’d just finish a book
and upload it to
Amazon for both
the Kindle version If you write books
and the paperback that can help people,
version without they will pay. There
any real editing or is money out there.
design
• Professional self-publishing.
Choose Yourself was the first book
I used this method for. I wrote
the book; hired a line editor (for
grammar), a content editor, a
cover designer and an interior
designer; and had people help
me with marketing. I did this
with my next several books and
they were huge successes
• Direct publishing. One or two
books I’ve written were NEVER
published on Amazon. Instead, I
published them directly to you,
the people on this email list.
My self-publishing course cov-
ers the latter two. Professionally
self-publishing and THEN perhaps
using alternative methods to get
distribution for your book. The
course actually covers everything
from idea generation to writing to
how to get every aspect of the book
professionally done as if you were a
one-person publishing company.
This article is not about the
course.
But I’m going to share part of that
course by describing some of the
ways to make money from writing
a book.
People are hungry for knowledge.
They are hungry for entertain-
ment. They are hungry to better
themselves and go from “stuck” to
“unstuck.” I know I was.
And if you write books
that can help people,
they will pay. There is
money out there.
But it’s not just selling
the book that gets you
money. There are many ways, and
I will go over a few of them in this
intro.
Sometimes people ask me why I
want to share this.
For one thing, I enjoy it. I love tak-
ing something I know and writing
about it in ways that can help people.
The other thing is maybe there’s a
little anger in me over all the times
that the gatekeepers in the world
have said no to me. Maybe I want
to hurt them a little.
I hope this is not the main reason.
I’m friends with agents, editors,
publishers, authors and other peo-
ple who make their living from the
mainstream publishing industry.
But I feel like every time I truly
LOVED something and wanted to
accomplish something in that part
of my life, someone said NO to me
and I felt really bad.
I’ve been rejected by book publish-
ers hundreds of times. And not
by “the boss” — the head of the
publishing company — but by more
like the assistant to the assistant to
the agent, who would then pitch the
editorial assistant, who would then
pitch the editor, who would then

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2 THE ALTUCHER REPORT

pitch the marketing department,
who would ask the bookstores
what they would buy and then they
would pitch the actual publisher.
Someone along that line would say
NO.
That’s a gatekeeper, and they’re
found in every industry, in every
area of life worth succeeding in.
I wanted to write a book. And I
didn’t want anyone to say no to me.
But… but… don’t the publishers
make sure only good books get
published?
Not at all. Publishers are, quite cor-
rectly, in it only for the money. And
for them, you make money only if
you sell a lot of books. They don’t
care at all about the author’s career
or other ways you can make money.
So there might be a lot of reasons
they say no that have nothing to
do with the quality of the book.
It just might not be in the demo-
graphic that is selling that year.
Another thing to note: At author-
central.com, a site started by my
friend and former podcast guest
Hugh Howey, he did a study of all
books on Amazon and determined
that, on average, the books that
were self-published actually had
HIGHER star ratings and more
five-star reviews than books pub-
lished by traditional publishers.
This is what I learned: You can
create a better book when you self-
publish. And you can make more
money because you are not just
dependent on book sales.
Cashing In
Let’s discuss some of the ways you
can make money via self-publishing.
A) Book sales
I have to bring it up first only
because it IS the traditional way to
make money from writing a book.
Every book you sell, you make “Oh my god,” I said.
money.
“You were right,” he said. And I
With traditional publishing, you didn’t disagree with him.
have a deal with a publisher that is
worked out by an agent. If his book stayed there for one or
two days, he would’ve sold a few
If your book is going to be $18, then thousand copies and that would
maybe the wholesale price is $10. be it.
You get 15% of that minus your But his book stayed at No. 2 for
agent’s 20%, so 12% altogether. TWO YEARS. They sold millions
of copies.
Sell 5,000 copies (which is enough
to get you on the New York Times The friend was Stephen Dubner
Best Seller list) and you make and the book was Freakonomics.
$6,000. If your advance from the
traditional publisher was greater And then there was SuperFreakonom-
than $6,000, you have to wait until ics, Think Like a Freak, the Freako-
you can pay back the advance. nomics podcast and on and on.
I know a few people who have Check out my many podcasts
traditionally published who made with Stephen Dubner to hear more
a good amount of about it.
money on book sales
(although not the You can create a Suffice it to say, he’s
bulk of the money better book when made good money on
they made). With book sales. But he’s
you self-publish. And
high book sales, you made more using the
you can make more techniques I describe
almost certainly can
money because you below.
make multiples of that
using the techniques I are not just depen-
dent on book sales. Several people who
describe below.
have been on my
One time I was hav- podcast make their
ing lunch with a friend of mine. money just from book sales. This
This was in 2003, I think. His next is extremely rare. And these people
book was about to come out and are all fiction writers, so they
he was in a state of panic. can write multiple books for one
series.
“What if this doesn’t work out?”
he asked me. “What if the book They have crafted their skills so
flops? This is my fourth book. I their books are page-turners. In
might not be able to get another most cases, thriller page turners.
book deal.”
Ken Follett has sold over 100
“Don’t worry,” I said, “I read the million copies of his books. Judy
draft, remember? This book is go- Blume, maybe 150 million. And
ing to be a home run.” Brad Meltzer, Alex Berenson and
Hugh Howey have all sold mil-
I honestly didn’t know. But I lions of copies of their books.
wanted to be reassuring.
As far as I know, they just make
A few days later he called me. money off of book sales. Hugh
“Check out the Amazon rankings.” Howey started off just self-pub-
lishing. And Andy Weir (author of
I checked. His book was No. 2. The Martian, which sold millions)
in the entire store. The only book also started off just self-publishing.
ahead of it was a Harry Potter book. Oh, and so did one of my first
THE ALTUCHER REPORT 3

Let Me Help You
Say YES to You
I’ve written 19 books. Five of them I
published using traditional publish-
ers. All the others I self-published.
I will NEVER use a traditional pub-
lisher again.
Everyone has a book inside them…
but most people are too scared to
do anything about it. Too scared
of starting… too scared of rejec-
tion… too scared they’re not good
enough…
And it’s a shame… Think of how
many millions of books die every
day without ever getting the chance
to be born…
Don’t let that happen to your book.
The publishing gatekeepers are
gone. No one has the power to re-
ject you. Your only obstacle is you.
Get out of your own way. Say YES
to the book inside of you. Say YES
to you!
I’ll show you how… Click here.
guests, Wayne Dyer, who has sold
tens of millions of copies of his
books.
But making money off of book
sales is just the first step.
There’s nothing wrong with making
money this way. But if your book is
doing so well that it is making a liv-
ing for you, then trust me when I say
there are also many additional ways
to make money from your book.
B) Audiobook
Tucker Max (who has sold over 3
million copies of his books) con-
vinced me to do an audiobook for
Choose Yourself.
I had never listened to an audio-
book. I couldn’t believe people
listened to books that way. But I was
very, very wrong. The audiobook has
4 THE ALTUCHER REPORT
generated more money for me on
Choose Yourself than the paperback.
He also told me, “Don’t just do this
in your room. Do it in a real studio
with an audio engineer.”
So I booked a professional place
that had done many audiobooks. I
spent two days “reading” the book.
I put reading in quotes because I
riffed a lot. I riffed so much that it
became the “unabridged” edition.
It’s almost like a different product
than the book. I told different sto-
ries, made jokes, etc. It’s hard for
me to just read straight off a page.
Then the studio got it ready for
Audible and I uploaded it through
Audible to Amazon.
It also makes your book page look
more professional. You now have a
Kindle version, a paperback version
and an Audible version. Eventually,
I also had a hardcover version and
an MP3 version.
C) Foreign rights
I have sold the foreign
rights to many of my Making money off
books in about 20–30
of book sales is just
countries. I split the the first step.
money 50-50 with a
foreign rights agent
who goes to the Frankfurt Book
Fair every year with my books and
sells to publishers of other coun-
tries.
This isn’t a lot of money but it’s
not horrible. I just sold the foreign
rights to one of my books, The Rich
Employee, to Portugal for $3,000
and I took $1,500. Across 20 books
and 20 countries, some of which
pay more, it starts to add up.
And it’s free money. I love getting
an email from my foreign rights
agent. I open up the email, reply
with “agreed” and I cash the check
a few days later.
D) Other rights
This is the only thing on this list I
have NOT done, but I know many
people who have. Of course, with
a book you can sell other rights:
TV rights, movie rights, etc.
Depending on the book and level of
interest, this can be anywhere from
$5,000 to $1 million, but chances
are it’s closer to $5,000. This varies
depending on if the show/movie is
made, is syndicated, etc.
Do not rely on this as a way to
make money from writing a book.
E) Email marketing
This is one of the powerful differ-
ences between self-publishing and
traditional publishing:
YOU control the marketing. A
basic way you can do this is by
changing the price occasionally
and making special deals on either
Amazon or other book websites.
But email marketing is even better.
The owner of a big email list (about
200,000 names on his list) contact-
ed me and told me he
loved Choose Yourself
and wanted to sell it on
his list for $20 and we
would split the profits
50-50.
I said, “But they can buy it on Ama-
zon for $0.99 for the Kindle version
or $8.99 for the paperback.”
So we worked out a deal.
I wrote several additional chapters.
Plus, I wrote a special report on
Choose Yourself investing.
Then I called Amazon and asked
if I could make a special order of
20,000 hardcovers. They said yes
and I think it was the first time they
did that. I think Choose Yourself
might be their most successful non-
fiction self-published book ever.
My friend with the email list wrote
a nice letter about the book to his
subscribers.
He sold out all 20,000 books. That
was a nice check to get.
There are hundreds of email lists
out there, covering almost every
possible interest. Write a good book
and you can make deals with lists.
Something ZERO traditional pub-
lishers will do.
F) Collect emails
Even better, use your book to col-
lect emails. Your own email list will
become your most powerful asset.
This is more important than being
in bookstores, getting on Good
Morning America or anything else.
A big email list is how you can sell
more books and, as we will see in a
bit, other products.
Use your book to get a big email list.
There are several ways to do this:
1. On the first page (or the last
page), say, “For a free extra
chapter, click here.” Readers give
their email address and you send
the free chapter. My self-pub-
lishing course provides some
email list providers you can use,
or you can just Google it.
2. Offer the entire book for free
on Twitter (the PDF version) in
exchange for an email address.
3. Write several free chapters and
put an ad on Facebook offering
users the free chapters in ex-
change for their email address.
And so on.
G) Speaker
This could really be a course unto
itself: How to be a professional
speaker.
I just had lunch yesterday with a
friend of mine who makes over
$1 million a year as a speaker. He
speaks at 70 engagements a year,
usually big corporations.
He’s written several ebooks, al-
though I told him he can just upload
those to Amazon and they will be
available in paperback as well.
He’s got a list of testimonials of
him speaking (he’s been doing it
for 15 years, but you have to start
somewhere).
The main thing: If a company is
deciding on two speakers for their
executive retreat, the one with the
book written will get the gig.
My very first book got me several
speaking gigs. Including being
a spokesperson for
Fidelity at every major
This is more important
investing conference.
than being in book-
I made 50 times more stores, getting on
from my speaking gigs Good Morning America
on that book than I or anything else.
actually made from
the book itself.
And the more books you write and
the more aggressively you look for
speaking gigs, the more you will
get.
H) Consultant
Tucker Max was telling me about
his company, Scribe Media (for-
merly Book in a Box), which helps
professionals who are experts
in their field — but not expert
writers — put together their first
book.
His very first client was a specialist
in helping retailers create some-
thing called “pop-up stores.”
This is not a huge audience.
Hence, self-publishing was the
only choice.
Tucker’s company helped her write
and publish her book.
She closed probably an extra $1
million in business as a result of
being the only consultant in her
space with a book.
I) Course
A friend of mine, Dorie Clark, who
has written for this newsletter mul-
tiple times, has written several books.
She used her books to build up her
speaking engagements and then
used her books, speaking engage-
ments and opportunities to write
articles for prestigious websites to
build up her email list.
She then created a course on how
to improve sales.
A book might cost $20. But a
course requires a lot more work to
create. And a course
might also have a lot
more value than a
book. So she might
charge $500 for a
course.
I don’t know her exact
numbers, but let’s say
her email list is 20,000 people and
she sells her course to only 5%
(1,000 people). That’s $500,000
she makes on her course, minus
her costs.
Another friend of mine does one
course a year. Her latest online
course was how to get your proj-
ect/business/brand in the media.
She charges $700 and probably
makes about $1 million a year
from her home.
But a book gives the credibility
your audience needs.
What can you do a course on?
Anything you want.
Here’s an idea: Come up with 10
ideas for courses. Make Facebook
ads for each idea. Put them on Face-
book. See which ones get clicked on.
Whatever gets the most clicks is
what you build your course about.
J) Newsletter
Similar to the course above but I’ll
describe an example.
THE ALTUCHER REPORT 5
You’ve probably seen me promote my
good friend Tim Sykes’ newsletter on
how to invest in stocks on a Friday
and sell on a Monday. He calls it his
Weekend Profits newsletter.
He wrote a book a long time ago
and used that to build his email list.
He also does deals with other email
lists.
I’ve spoken at the conferences he
puts together for his subscribers.
Some of his subscribers have made
millions of dollars by following the
advice in his newsletters.
This is too much value to put in a
book, although his initial book was
riveting and attracted his first email
subscribers.
I don’t know how well he is doing
now. But I remember a few years
ago he told me his business gener-
ated $22 million in revenues.
Again, what can you write a news-
letter on?
Anything you want.
The general rule of
thumb in the newslet- Write 300 words a
ter business is to write day. And you will
in one of these three
write a book or two
categories: How to get
a year.
paid, how to get laid
or how to lose weight.
But I bet there are more categories
that would work.
K) One-on-one coaching
If you put your email address in
your book and say you offer one-
on-one coaching, people will write
to you.
Don’t be afraid to charge a lot.
One friend of mine was contacted
by a wealthy man for one-on-one
“life coaching.” She was going to
say she would do it for $1,000 a
month but her daughter told her,
“No! Tell him you are charging $1
million a year.”
She thought her daughter was
6 THE ALTUCHER REPORT
crazy. But she did it. And he said
yes. And so did two others.
L) Adviser
A friend of mine has written several
best-selling books. You would think
he made millions from his books
and you’d probably be right.
But because of his books, he be-
came an adviser to many successful
Silicon Valley companies. After he
wrote his books, he moved out there
and networked effectively, and many
companies soon wanted him on
their board.
So far, he’s made much more from
these companies than he can ever
possibly make from his books.
But the books gave him the oppor-
tunity.
M) Franchise the brand
Hal Elrod wrote the best-selling
book The Miracle Morning. He’s
come on one of my podcasts to
talk about it and the
experiences that led
to it.
Six years later, it’s still
the No. 1 book in the
business category. Self-
published.
But then he started getting other
authors to write The Miracle Morning
for Parents and Families, The Miracle
Morning for Entrepreneurs, etc.
Heck, I even wrote the foreword
to The Miracle Morning for Writers,
which was written by Steve Scott
(also a former podcast guest).
Altogether, that franchise makes
Hal a good deal of money, but it
started with that initial self-
published book, combined with
an active Facebook community.
N) Podcast
A podcast is not always the best
way to make money. But it’s a great
way to generate more emails, get
more interest in your books, get
sponsors that can prove profitable
and generate content that can lead
to new books.
I just had Gilbert Gottfried on my
podcast. And last week I had on
Henry Winkler (the Fonz). Over
the past four years I’ve met many of
my heroes and I’m so grateful for this
podcast.
Live Your Best Life
These are just a few of the ways one
can make money by self-publishing
books. The book is the foot in the
door, but then each of the above
ways open the door further and fur-
ther to money and opportunity.
My life changed when I started self-
publishing. It changed in every way
imaginable. And other than selling
TV rights (although I’m working on
that), I have used all of the above
techniques (and more) to make
money.
Even though I cover much of this
in our newly released self-pub-
lishing course, I wanted to share
this information with you.
Write one page a day. Write 300
words a day. And you will write a
book or two a year. Just try it so
you can see what happens, so you
can develop the skills of this amaz-
ing craft and so you can see what
opportunities it brings.
And at the very least (and this was
true for me as well), you can make
more friends.
THE ALTUCHER REPORT MADE ME RICH
How I Made Over $1 Million Using the Alibaba Artbitrage Strategy...
By Trevor Chapman
(Note from James: A couple years
back, I introduced my readers to an
incredible moneymaking idea, called
the Alibaba Arbitrage.
If you’re not familiar with my article
on the Alibaba Arbitrage strategy,
you can take a look here. But here’s a
quick overview:
• Identify a Product: Find a
popular product on Amazon and
read all the one-star reviews to
see what people’s complaints
were with the product. The idea
is that this is a top-selling prod-
uct even with flaws; imagine the
same product but without all the
flaws that people hate about it
• Source the Product: Contact
overseas suppliers who could
help you source the product with
the changes the market is asking
for (yes, you can do that now,
thanks to the internet). And it’s
cheap. The friend who first told
me about this idea buys products
for $1.40 each and sells them for
$19.95–20.95 each
• Ship the Product: My friend
ships all of her products directly
to Amazon and lets them deal
with all of the shipping, storage
and logistics
• Sell the Product: She earns six
figures per year!
This strategy really is as simple as that!
One reader in particular, Trevor,
wrote all about how the Alibaba
Arbitrage changed his life, and the
steps he took to make it work for
him. He shares his story and his
advice below…)
I was young in my 20s with a mul-
tistate company, over 40 employ-
ees and millions in revenue…
We had opened an office in Florida
for one reason: At the end of the
season I planned to buy a sail-
boat, float down to Necker Island
and hang out with my best friend
Richard Branson. Of
course, he didn’t actu-
ally know I existed, Whatever you do,
but that didn’t stop do it simply.
me from opening that
office in Florida and
imagining that one day I could
make our friendship happen.
Oh, that naiveté of youth!
Within a few short months, it all
came crashing down.
It was the recession and I lost near-
ly everything: tens of thousands of
customers, dozens of employees,
my life savings, my dreams…
Even my self-confidence.
I remember lying on the floor,
curled up in the fetal position,
stressed about payroll so much
that an internal thought about
"tomorrow" brought an immedi-
ate external manifestation today. I
crawled into our master bedroom
and asked for help from my young
bride, admitting for the first time
that I alone could not fix this.
I remember coming home for her
birthday with a guinea pig (all
that I could afford) in a cardboard
box because a plastic cage was a
few bucks more — more than I
had.
Excited to give it to her, I searched
through the house but could not
find her.
Eventually I heard her in the
closet, crying, on the phone with
the credit card companies, asking
them to defer our payments.
I learned two things over the next
six months:
1. Never go into a business peo-
ple cancel when times get tough.
The recession was one
of the toughest times
on record for most
people, and overnight
the pest control busi-
ness I’d spent years
building vanished into thin air.
2. Whatever you do, do it sim-
ply. I kept attempting to fix the
problem by adding more things
to my ever-growing to-do list.
Anytime you want to make last-
ing change, you start by asking
yourself the question, "What will
I no longer tolerate?"... Life is
already too complex. Complicat-
ing a bad situation even more by
adding more layers will never fix
a complicated situation.
Resolute, I followed those two
rules. Years later, I had not only re-
covered but was doing much better
than prior. I was a "success story."
But something was missing…
THE ALTUCHER REPORT 7
I found myself working 12–16
hour days. I had cash, but I lacked
any semblance of freedom…
Despite the positive signs, there
was still a polarity in my soul I
could not reconcile.
I woke up every day with this
feeling that TREVOR, you are more
than the life you are living.
A few more years went by. More
of the same. I had given up hope
of spending time with my family,
consumed with the
day-to-day of making
I woke up every day
a living.
with this feeling that
That’s when I came TREVOR, you are
across a man who I more than the life
considered to have you are living.
perhaps the unlikeli-
est success story.
He had curly hair, was not particu-
larly handsome, spoke without the
elegance of a statesman, was appar-
ently reclusive in crowds... yet he
had achieved far more than many
of the people I held in esteem.
More importantly, he seemed to
have solved the issue of the polar-
ity I was still struggling with.
I subscribed to this man's newsletter
— The Altucher Report.
One day, I was reading the most
recent edition and came across an
article about some newfangled ar-
bitrage method involving Alibaba
and Amazon. I was intrigued. A
seed was planted.
But I didn’t take action.
That’s when something happened
in my life that changed everything.
At the time, I owned a large, mul-
tistate company. And my market-
ing department complained they
needed more money. They were
spending, but they weren’t earning
anything for the dollars put out. I
was exasperated.
8 THE ALTUCHER REPORT
That’s when I got to thinking, with
a little elbow grease, can you re-
ally make something from almost
nothing like James wrote in his
newsletters? Could you really
have the power to control not only
your financial destiny but your
time and freedom too?
With zero prior experience in
e-commerce, I used $200 and put
the James Altucher Alibaba Arbi-
trage method to the test.
I hit $1 million 92
days later, $2 million
90 days after that…
and a 10-figure acqui-
sition in under a year.
Here’s how I did it,
and how you can do
it too:
1. YOUR VIRTUAL STOREFRONT
I looked at nearly every e-com-
merce platform there is. I settled
on Shopify. It’s simple to set up
and robustly flexible with third-
party apps. Prior to setting up the
store, you need a URL. Here are
my thoughts:
• If you are going to have a general
store, use a person’s name as the
URL: FirstLast.com
• If you will be targeting a specific
niche (outdoors, sports, beauty,
etc.), don’t try to build a brand
around some strange word you
just thought of. Create a URL
with a logical name: Outdoor-
Tool-Nation.com, CycleForLife.
com, BeautifulMillennial.com.
2. PRODUCTS
Your goal, especially if you’re
moonlighting, needs to be focused
on a ratio of time to cash:
• How quickly can you break even?
• How quickly can you start gener-
ating profit?
The key here is to NOT focus on
creating a trend. Do NOT try to
invent anything amazing. Do what
the experts say: Copy, copy, copy.
You need to find what other people
are successfully selling, find out
HOW they are selling it and then
market it similarly. Here is the
secret sauce to doing just that:
• Go to Facebook
• In the search bar, type: “get
yours here,” “free shipping,”
“claim yours here,” “while sup-
plies last,” “limited time,” etc.
• Scroll down and find your future
products
• Do not settle on a product that
only you will like.
You want to find a product with
hundreds of comments, hundreds
of shares and (if it has a video ad)
thousands or millions of views.
Choose up to 10 products this way
and then move on to Step 3.
3. SOURCING
Our goal is to NOT hold inventory,
to NOT pay for a warehouse or
fulfillment. We want to sell, drop-
ship the product and earn cash. So
follow the next steps carefully and
you won’t be out a single dollar —
you will ALWAYS earn more than
you’re spending.
Go to AliExpress.com and search for
the products you selected in Step 2.
• Sort by orders. This helps sort
out the dependable sellers from
the rest — the more orders, the
more experience
• Make sure your potential sup-
plier has blue diamonds next to
their name. If there are no dia-
monds, do not use this vendor as
your supplier
• Make sure the product can be
shipped to the U.S. through
 ePacket. Do not use any other
method of shipping. EPacket of-
fers the fastest trackable delivery.
Customers will charge back if
they have to wait longer than a
few weeks
• Write a message to the vendor
and tell them that you will be
drop-shipping. Make sure they
understand that (1) they must
process the order within 48
hours and (2) they must never
send an invoice or promotions
with your orders
• Make a list (in Google Docs or Ex-
cel) with the following columns:
Item | Cost | My Price | URL |
• You want to make sure you are
marking up the product so you
have at least a 60–70% margin.
If you have a winning product
and it can sell for more, mark it
up so you earn more. My best
product costs $4.99 and I sell it
for $59.99.
4. AD COPY
This is the first part of the door-to-
door sale on Facebook:
• Make a new page for your niche
(you might have multiple pages
for multiple niches, but one
Shopify store/URL)
• Select “Brand” as the page type.
Fill in all details (don’t worry
about the audience targeting)
• Find an appropriate profile im-
age and banner image for your
store and upload it
• Pull images of your product from
AliExpress
• Ideally, you want the product
photo to have a white background
• Create a new post with the
following type of format:
✗ [Line One] Attention-
grabbing question
✗ [Line Two] Scarcity or I’m far and away the most success-
constraining text ful person to ever come out of my
high school…
✗ [Line Three] Call to action
✗ [Line Four] Social validation. I now take each of my children on
a rite-of-passage trip with their dad
So an example might look like this: each year. We've summited Kiliman-
jaro, circumnavigated Mont Blanc
Do you love Warren Buffett? Do
and trekked into Choquequirao.
you invest?
We spend half a year on the road.
50% OFF until sold OUT!
My story is a decade-long overnight
Get yours here. (Link to URL of
success story marked by one criti-
product, not store homepage.) cal, magnificent moment of seren-
Comment “Yes” if you want a dipity: the James Altucher effect
100% ROI. — when something James writes
hits you deeply and you make an
Or like this: attempt to change what is common
into the uncommon… amazing
Do you have a road bike? Do you transformations take place.
love cycling?
Most major publications reach out
50% OFF next 100 units! to me for comments on my field of
expertise.... and like James, I share
Claim yours here. (Link to URL
because success is sweetest when
of product.)
shared.
Comment, tag, share if you LOVE
I invited my mom and dad to fol-
cycling.
low in suit. With only $40 spare
• Add your product image to the change, they followed the path
I forged from James' article... A
post. It should remove the link
year later, a seven-figure company
Facebook automatically gener-
ates from your URL was created by two people in their
early 60s.
• Post and you’re done.
Not long after that, 300 people
This seems way too followed suit as I've
simple, doesn’t it? My story is a decade- shown them what I
Almost embarrass- long overnight learned from James.
ingly so, because of success story marked Dozens have made
the grammar, the copy by one critical, mag- millions. Over a
and the simplicity of nificent moment of hundred have retired
it all. But don’t get serendipity: the from their day jobs.
creative until you’re
James Altucher effect.
selling over $10K a Bob McNulty, the
day. Just follow the father of e-commerce
formula. said of me, "Trevor is the most tal-
ented person I have seen in business
I did and it changed my life. in the last 25 years."
Fast-forward to today, Harvard I have a top-five podcast, beating
Business Review said of me, "Today Tim Ferriss and Tony Robbins.
he is considered one of the greatest
experts in digital marketing in the I speak all over the world on mar-
world." keting and internet technologies.
THE ALTUCHER REPORT 9
All of this came from taking action
at James' recommendation. I am
no different than you. In fact, I'm
a poor kid from Guam. The odds
were not in my favor.
I invite you to put your trust in
a man that I put my trust in — a
decision that changed my life.
Follow his story. Read his books.
Listen to his audio. If one of us can
change our life, we all can.
CANNA-BUSINESSES, CONTINUED
Meet This Month's "Marijuana-Preneur"
Bec Koop
Over the past couple months, I’ve been
introducing you to several entre-
preneurs who have found enormous
success in the legal cannabis industry.
I have another interview to share with
you this month. This month’s “mari-
juana-preneur” proves once again that
the booming marijuana industry pro-
vides countless opportunities for those
creative enough to find them…
Back in December 2013, Bec Koop
owned a traditional floral business
and worked in the highest dispen-
sary in the highest town in Amer-
ica (Alma, Colorado). One day,
she was in the garden trimming a
cannabis plant when she thought
to combine some of her trimmings
with some leftover flowers from an
10 THE ALTUCHER REPORT
I invite you to follow in step and be
free.
Trevor Chapman has been an en-
trepreneur for over 15 years. His
companies have generated over
$200 million in that time. He is
also an early investor in over 20
companies, and he’s often a keynote
speaker at internet and entrepre-
neurship events and conferences.
He has a top-10 business podcast,
The Trevor Chapman Show, and
event. That’s when an idea struck
her: People could get married car-
rying a cannabis bouquet — and
then smoke the cannabis after the
ceremony.
Just a couple weeks later, in Janu-
ary 2014 — the month cannabis
became recreationally legal in the
state of Colorado — she filed for
an LLC for Buds & Blossoms.
Less than five years
later, Bec’s business Two years in I was
has expanded to full- able to quit my
scale cannabis event full-time job.
planning. The busi-
ness now operates
under the name Irie Weddings &
Events. She has a partner, Madlyne
Kelly, and several coordinators on
staff. Bec and Madlyne are also two
of the co-founders of the Cannabis
Wedding Expo.
Read on to learn how Bec’s bud
business blossomed…
How did Buds & Blossoms get
started, and how did it grow
into Irie Weddings & Events?
BK: I started off only doing can-
nabis flower arrangements. The
problem I was seeing in the
beginning was that not all venues
were cannabis-friendly yet, so that
he’s the founder of the Academy of
Arbitrage.
Trevor is recognized as an expert on
digital strategy. Harvard Business
Review wrote of him, "Today he is
considered one of the greatest experts
in digital marketing in the world."
MIT Tech Review called him a "global
thought leader" in the digital space.
He can be found on all social media
channels @jtrevorchapman.
kind of limited where my clients
could utilize my services. I started
building relationships with dif-
ferent venues so that I could refer
my clients to go to those specific
cannabis-friendly locations.
It was during that first summer of
being in business, in 2014, that
one of my good friends, who was a
wedding planner in the area, said,
"Bec, you're never go-
ing believe this, but a
photographer walked
out — literally left
his clients at the aisle
— because he saw
the groom smoking a
joint with his groomsmen before the
wedding. He left them high and dry
with a $5,000 nonrefundable con-
tract." It was all because the man
was uncomfortable with cannabis.
I was just like, "Well, I know ven-
ues. I know photographers. I know
different vendors, caterers, bartend-
ers. I know plenty of people who
will be open-minded and friendly if
it's done right."
That's when I got the inspiration
to develop the additional business,
called Cannabis Concierge Events.
That was strictly the wedding
planning and event planning side,
to connect the clients with all of the
different vendors.We were operat-
ing as two different businesses, two
different EINs, all that fun stuff,
and decided for sanity purposes
and for a fresh new face to create a
one-stop shop. We rebranded both
businesses under Irie Weddings &
Events in January 2017.
What were your initial startup
costs?
BK: Because wedding planning is
such an intellectual service, thank-
fully the actual startup costs were
pretty minimal. It was mostly
marketing, websites, that kind of
stuff. On the floral side of our busi-
ness, I would say my startup costs
were around $1,500. We paid about
$1,500 to lawyers to make sure that
we were compliant, the contracts
were up to par and that we were
doing everything within the law.
How has the business grown over
the past four years?
BK: I started off just as myself. Two
years in I was able to quit my full-
time job. It was enough to make
ends meet. Then it's just continu-
ously grown from there.
We went from hosting about five
events a year to 32 events and
counting. We’ve seen a 400% in-
crease in productivity over the last
four years. We are literally booking
as far as 2021 right now. We get
phone calls pretty much every single
week for people who are looking.
I brought on my business partner
[Madlyne] at the time that we re-
branded. She has been phenomenal
to the team. Then we've got several
part-time day-of coordinators.
At every wedding or event, all of
our vendors had so many questions
about cannabis that we decided to
develop an educational course to
train folks in the service and hospi-
tality industry, called High Class Ed-
ucation. We developed the SCORE
certification. That means that you
understand Colorado's state laws
and regulations. You understand
cannabis basics. You know how to
appropriately check IDs. What are
safe serving methods? How do you
prevent overconsumption? What do
you do when there's dual consump-
tion of alcohol and cannabis? We
try to set up these event profession-
als for success at any event where
cannabis is going to be consumed.
Right now we are working to get
the backing from the governor and
from the state so that it actually will
become a requirement for anybody
who is serving cannabis at a private
event. We're also talking to insurance
companies to see if these vendors
can get discounts on their insur-
ance for having their staff all trained
around cannabis consumption.
What are some of the laws and
regulations you must adhere to as
an ancillary cannabis business?
BK: It depends on the level of in-
corporation of cannabis. If you are
going to sell or distribute, or you're
going to make an edible, or anything
along those lines, there are very
Let’s Deal Drugs!
Making money from the marijuana indus-
try doesn’t have to be illegal or sketchy. As
these incredible entrepreneurs have shown
us, there are some awesome, legitimate
ways to get rich off this trend.
But if you’re looking for an even simpler
method, I’ve found one that may be right
for you… And you don’t even have to live
in a state where marijuana is legal.
All you need is a computer, a brokerage
account, and a few minutes each week…
Click here to learn how to earn cash
from cannabis…
specific guidelines and requirements.
Whereas if you are doing an ancil-
lary business and you are not directly
selling the cannabis but you're sell-
ing a service that incorporates it, it's
a different type of business model.
Under the stipulations of canna-
bis, we can only operate under the
model where the clients purchase
the cannabis from a legal dispensary.
We collect a copy of their receipt,
and we keep that with our invoice.
That shows that they did not pur-
chase the cannabis directly from us,
because that would be incredibly
illegal. Once it is purchased at the
dispensary, it is then gifted to our
business, as is allowed under Colo-
rado Amendment 64. Then we gift
it to the guests. Now, at a normal
alcohol bar, you can set out a tip jar.
Well, at a cannabis bar, you cannot,
because that would be considered a
financial exchange for the cannabis,
which is illegal. So understanding
THE ALTUCHER REPORT 11
a lot of these bylaws that pertain to in, and that high might linger for
your specific business is incredibly, six–eight hours. Given that circum-
incredibly important to make sure stance, that high would typically
that you stay compliant. exceed the duration of the event,
which then turns into a liability
How does the ID-ing situation when guests are leaving. Looking
work for a cannabis-friendly event? at all of those different situations is
BK: Different venues have differ- so, so important to make sure that
ent policies. Some venues prefer you're handling it the right way.
that everybody is 21 and up. Other
One budtender for every 35 guests is
venues ask that you have a separate
our typical ratio. Because chances are
consumption area that is minor-free.
that if someone has never consumed,
There are different options, depend-
they have a ton of questions. We want
ing on the venue's policies. We check
to be able to make sure that we can
IDs once folks are coming up to the
bud bar looking to consume. At that answer all of the questions every time.
point, we ask for their ID, no differ- How much do you charge for
ent than when somebody walks up these kinds of events?
to an alcohol bar requesting a glass of
wine or requesting a beer. BK: We have packages that start as
low as $250. We call it
How does the bud the Grow Your Own. least in motion. Then we also, ideally,
bar operate? Choosing the right would like to have one in the Pacific
That's for your DIY
method of consump- bride. It's more of just Northwest that can service both Port-
BK: We've got two tion is incredibly a consulting package land and Oregon. [Then we’d like to
different primary
important for the where we sit down for continue expanding] as more states be-
packages. One is called
the Flower Package. type of event. a couple hours and we come friendly. They just have to have
The Flower Package end up giving them a the same laws about gifting, as well
can be anything from bunch of suggestions. as the same laws about how cannabis
half-gram joints to glass to vapor- can be consumed at a private event.
Then we have the Sweet Leaf pack- Here, the law states that you must
izers. Then you have the other type
age, the O.G. Kush package, the have it in a private event on private
of package that's for canna-cocktails,
where you would make a nonalco- Platinum Shelf package. Those dif- property run by private management.
holic beverage and put water-soluble ferent packages are more hands-on And there must be a private guest
THC in it in a micro-serving that is a with actual planning assistance. list. It's not open to the public where
comparable high to a glass of wine or Then you also have the Best Bud a random stranger could attend your
a beer. Folks can choose if they want private event. It has to be strictly invite
package that you can add on. That's
to do a flower bud bar or a canna- only. Making sure that these different
$99 an hour, and that's your typi-
cocktail bud bar or a combination of states are on par with those regulations
cal day-of coordination duties. Your
the two. Some venues don't like the would allow the opportunity for us
setup and your breakdown, your
smoke and the odor, so they prefer to start a franchise in those locations.
basic coordination. Then the bud
to only allow vaporizing and canna-
bar pricing is separate. What would be your No. 1 piece
cocktails. Some places will allow all
types of consumption. We do wedding floral designs. of advice for someone looking to
Florals can range kind of all over start a cannabis event business?
Choosing the right method of con-
the place from, say, $500–3,500 for BK: Understand the law. There's a lot
sumption is incredibly important for
different floral packages. of gray area, and you want to make
the type of event, what atmosphere
you're looking for, what experience How do you see the business grow- sure that you're covered. I would ad-
your guests are looking for. Also, ing in the future? Are you going to vise speaking with a lawyer to make
what's the duration of the event? Be- expand to other states? sure that everything you’re doing,
cause I don't necessarily encourage, you’re doing 100% within the law,
say, giving folks a traditional edible BK: We would like to have a North- as well as having binding contracts
that's like a brownie or a cookie, ern California branch and a Southern that protect you, your clients and the
which might take two hours to kick California branch before 2019 at venues you work with.
12 THE ALTUCHER REPORT
PODCAST CORNER: ROY NIEDERHOFFER
“What does it take to be able to handle that kind of pain?”
I was talking to Roy Niederhoffer.
He’s built a billion-dollar hedge
fund. And his brother used to be
my boss. That was 16 years ago
when I was a hedge fund manager.
Roy was telling me about Black
Monday (one of the scariest days
in financial history), when he
watched the richest person he
knew go dead-broke.
If that had happened to me, I
would have sold everything. I’d
have gotten out of the market as
quickly as possible. And lost it all.
And then watched it go up again
from the sidelines…
But this guy didn’t act on instinct.
And that’s what I wanted to ask
Roy about.
Because this guy didn’t sell every-
thing. He waited. He held his posi-
tion. And he became wealthy again
in a matter of hours.
Most people would get scared.
And there are a lot of times in life
we get scared and act on instinct.
It happens in all areas of life
(finances, family, human interac-
tions, etc.).
So I asked Roy, “What does it take
to be able to handle that kind of
pain?”
Now, I should men- Diversity in life
tion that Roy went to buffers the misery.
Harvard and studied
neuroscience.
So when I ask him about men-
tal states or brain behaviors, he
knows.
He told me what happens “when
people fall prey to instinctive
behavior...” And said the trick is to
be diversified in your life. Not just
financially but emotionally and
creatively, too.
Because when horrible things
happen, we react. Instincts are
instincts.
Diversity in life buffers the
misery. And if nothing horrible
happens, then you just have the
benefit of living a more fulfilling
and whole life.
So that brings me to
this month’s question.
Think of a time in
your life you experi-
enced profound pain
— whether emotional, physical,
spiritual, financial…
What did it take to handle it, to get
through to the other side?
I’ll leave you with one other thing
(totally unrelated). Roy and I spent
the last 20 or 30 minutes of the
podcast talking about crypto. And
he’s really brilliant, so I recom-
mend you give it a listen.
Email your podcast corner answer
to JamesAltucherShowPodcast@
gmail.com and I’ll share some in
next month’s Altucher Report.
THE ALTUCHER REPORT 13
 Crypto
Corner
While the U.S. (and Silicon Valley
specifically) has long led technol-
ogy innovation, countries around
the globe are setting up programs
to compete aggressively to take
advantage of the blockchain
revolution.
Zug, Switzerland, for example, al-
lows residents to pay their taxes in
bitcoin. Malta has passed laws that
recognize organizations formed
by smart contracts. Bermuda has
updated its banking laws to allow
banks to provide services to cryp-
tocurrency firms.
The arms race to become a world
leader in cryptocurrency has
generated momentum in countries
from Venezuela to India.
That’s why, in recent months, I’ve
been looking for crypto invest-
ments outside of the U.S.
One of the countries poised to be
a leader in cryptocurrency is none
other than the U.S.’ longtime po-
litical adversary: Russia.
14 THE ALTUCHER REPORT
CRYPTO IS A GLOBAL
PHENOMENON
Here’s How We’ll Take Advantage
And I’ve found a company that 20 million users. The company has
could launch the country into a over 152,000 kiosks and terminals,
prime crypto leadership position… and it processed over 914 billion
Russian rubles (about US$13.4 bil-
QIWI (NASDAQ: QIWI) is a lion) in transactions in 2017.
leading fintech company offering
payment and financial services It’s also been able to develop a
in Russia and the former Soviet leading position in e-commerce in
Union. Russia, which comprised roughly
half of its revenue in 2017.
Founded in 1999, the
company was an early However, the com-
The arms race to be-
leader in electronic pany isn’t content to
come a world leader
payments in Rus- rest on its laurels.
in cryptocurrency has
sia and in the early
generated momen- Leveraging the cash
2000s rolled out pre-
tum in countries from flow generated by
paid mobile payment
Venezuela to India. its payment services
cards.
business, QIWI has
Fast-forward to today in recent years been
and QIWI has over 50 million aggressively pursuing even higher
monthly customers and has ex- growth opportunities in e-com-
panded into other complimentary merce, the sharing economy and
payment services, such as payment cryptocurrency to help boost its
kiosks and terminals, online pay- core business.
ments and remittance services. In June, QIWI announced a part-
These businesses have grown mas- nership with Otkritie Bank (one
sively over the past 18 years — QI- of the largest banks in Russia) and
WI’s virtual wallet software has over digital payments startup Tochka to
develop a digital banking service
focused on offering services to
small and medium businesses.
The new partnership gives QIWI
access to Russia’s growing freelanc-
ers and small and medium busi-
nesses, which currently account
for more than 20% of the economy.
Apart from SMEs, the company’s
investment in Tochka increases
QIWI’s existing exposure to the
sharing economy, which currently
includes partnerships for process-
ing payments for Uber and Airbnb
in Russia.
This is an important area for
growth for the company as the
size of the sharing economy is an-
ticipated to increase in Russia by a
compounded 20% annually.
In order to further capitalize on
the trend, the company has also
been investing heavily in a new
installment card called Sovest.
Similar to credit cards in the U.S.,
Sovest allows consumers to make
purchases that are repaid over time.
However, Sovest differs from tradi-
tional credit cards in that it dumps
the expensive interest charges. Rath-
er, retail partners share the profits
from the product sale with lenders
who carry all the repayment risk.
In this way, the Sovest product
allows QIWI to offload the credit
risk to lenders while allowing
consumers to easily finance their
purchases.
Separately, the company has also
been quietly investing in block-
chain capabilities over the past
several years.
In 2016, the company joined the
r3 consortium to develop en-
terprise blockchain technology
alongside big banks like Bank of
America, Wells Fargo and Barclays.
R3 seeks to define new standards for
interbank collaboration by develop-
ing new blockchain technologies
that allow banks to more efficiently
trade and settle transactions.
Through its involvement in r3,
QIWI stands to define the next-
generation technology standards
for financial infrastructures. And,
to top it off, QIWI is the only Rus-
sian member of the r3 consortium.
Apart from r3, the company also
created a new subsidiary in 2017
called Qiwi Blockchain Tech-
nologies (QBT), which develops
blockchain technology for QIWI’s
various businesses and provides
Have you heard
about this?
I am now offering VIP text message
alerts for Altucher Report readers.
Whenever I have special bonus
content to share that can’t wait for the
next issue or weekly update, you’ll
receive a text from me so that you can
view it right away.
It’s like you’re getting added to my
own personal Rolodex!
Let me show you a few examples of
bonus content Altucher Report read-
ers have received from me so far:
blockchain consulting services to
other companies.
The company has already had
some small early success with this.
Earlier this year, the company
announced that it was collaborat-
ing with a cryptocurrency-focused
investment bank called Hash, with
the intention of providing technol-
ogy support for new ICOs.
The company has also been
experimenting internally with
blockchain. Earlier this year
the company announced that it
intends to compensate employees
in cryptocurrencies, which would
And that’s not all!
I’ll also shoot you text message
alerts when your weekly update or
monthly issues are available. Some-
thing like this:
So far, I’ve really enjoyed connecting
with my readers in this new format. I
encourage you to try it out!
Text ALTUCHER TO 31996
14/Msgs Month. Reply STOP to cancel, HELP for help.
Msg&data rates may apply. Terms: https://slkt.io/qe9
give employees voting rights on
managerial decisions and co-
worker performance.
And while all of this is very excit-
ing, it really represents a cherry on
top compared with the company’s
lucrative existing business.
For years the company has relied
on its core cash cow: its existing
network of payment services.
In June, QIWI reported that net rev-
enue for the payment services group
had grown 28% since the prior year,
with net profit up by 22%.
THE ALTUCHER REPORT 15
 It has consistently been growing its
payment services revenue by 20%
annually since at least 2013.
And while QIWI has experienced
phenomenal growth, the market is
nowhere near saturated. According
to the company, 80% of payments
in Russia and the former Soviet
Union are made in cash.
Additionally, the company sees
potential to expand this business
by capitalizing on growing de-
mand for remittance services and
further increasing its market share
in e-commerce.
However, even without these
catalysts, the company’s payment
services continues to spin off gener-
ous cash flow. Last year, payment
services generated close to $110
million in profit.
It’s worth noting that in 2017 the
company’s total profit actually
shrank for the first time in years.
This is largely due to the mas-
sive investments the company has
been making in Sovest and Tochka,
among others.
But even with this spending, the
company was able to rake in nearly
$60 million in profits to add to its
balance sheet.
This disciplined style of investing
has allowed the company to invest
aggressively in growth opportuni-
ties while building a considerable
treasury.
Which is to say, as far as the bal-
ance sheet goes, the company is in
great shape.
The company has in recent years
been socking away cash generated
through its lucrative payments busi-
ness and amassed a cash hoard of
roughly $350 million with no debt.
For a company with a market cap
currently just over $800 million,
this means that almost half of its
market cap is cash.
This gives the company a hefty
arsenal to use for investments in
expanding its business and new op-
portunities such as Sovest, Tochka
and blockchain.
Although the company sold off ear-
lier this summer as earnings failed
to meet Wall Street expectations,
I believe much of this selling is
overblown. The company currently
trades at just under nine times for-
ward earnings, a major value com-
pared with U.S. peers like PayPal
(31 times) and Square (96 times).
Takeaway: Given QIWI’s lucra-
tive payment services business, its
investment in high-growth oppor-
tunities such as Sovest, Tochka and
blockchain, its considerable cash
reserves and its relatively low valu-
ation, I’m generally pretty bullish
on QIWI. I advise readers to buy
QIWI (NASDAQ: QIWI) up to
$14, with no more than 2–3% of
their portfolio.

The Altucher Report Portfolio

SYMBOL ENTRY DATE ENTRY PRICE CURRENT PRICE PERCENT GAIN COMMENTS

Stocks
QIWI QIWI NEW NEW NEW NEW Buy up to $14 per shae
Facebook FB 1/3/17 $116.86 $175.90 51% Buy up to $125 per share
GW Pharmaceutical GWPH 10/2/17 $98.51 $147.80 50% Buy up to $103 per share
Check Point CHKP 5/8/18 $99.93 $117.68 18% Buy up to $110 per share
Xunlei XNET 6/4/18 $12.52 $10.06 -20% Buy up to $12.25 per share
Aptiv APTV 7/3/17 $87.80 $90.78 5% Buy up to $120 per share
Visa V 4/9/18 $117.70 $147.03 25% Buy up to $128 per share
ServiceNow NOW 1/5/18 $135.01 $200.23 48% Buy up to $140 per share
Natural Grocers NGVC 2/1/17 $12.54 $18.39 47% Buy up to $16 per share
Cypress Semiconductors CY 4/3/17 $13.51 $16.71 28% Buy up to $16 per share
IBM IBM 11/1/17 $154.03 $147.54 -1% Buy up to $160 per share
SM Energy SM 5/1/17 $22.55 $29.95 33% Buy up to $25 per share
Radware RDWR 12/1/17 $20.29 $27.80 37% Buy up to $26 per share
SBI Holdings SBHGF 7/10/18 $23.80 $25.80 8% Buy up to $28 per share
Aerovironment AVAV 3/1/17 $27.43 $86.21 214% Buy up to $29 per share
AT&T T 6/1/17 $38.87 $32.23 -11% Buy up to $40.50 per share
Line Corp. LN 8/6/18 $43.71 $44.80 2% Buy up to $48.25 per share
Granite Construction GVA 8/1/17 $51.47 $45.72 -10% Buy up to $56 per share
Activision Blizzard ATVI 9/1/17 $65.12 $74.91 16% Buy up to $75 per share

Crypto
Bitcoin BTC/USD 9/1/17 $4,923.54 $7,035.40 43% Buy at market
Ethereum ETH/USD 9/1/17 $387.25 $288.48 -26% Buy at market

Updated on 8/29/2018

16 THE ALTUCHER REPORT