3158: How to Create ”Tiny Advantages” and Crush Your Opponents by James Altucher on Investing Advice

2025-05-28

Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com. Episode 3158: James Altucher draws a powerful parallel between winning at chess and successful investing: both hinge on consistently building tiny advantages. From choosing debt-free companies with strong cash reserves to aligning with demographic trends, he reveals how small, smart moves compound into big wins, without relying on flashy predictions or risky...

Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com.

Episode 3158:

James Altucher draws a powerful parallel between winning at chess and successful investing: both hinge on consistently building tiny advantages. From choosing debt-free companies with strong cash reserves to aligning with demographic trends, he reveals how small, smart moves compound into big wins, without relying on flashy predictions or risky gambles.

Read along with the original article(s) here: https://jamesaltucher.com/blog/what-makes-some-stocks-safer/

Quotes to ponder:

"Basically, accumulate tiny advantages throughout the game."

"If a company has a lot of cash in the bank and no debt, then it’s not going to file bankruptcy anytime soon."

"The goal is to find that very unique combination of stocks that could go up quite a bit that also have a good margin of safety around them."

Episode references:

S&P Dow Jones SPIVA U.S. Scorecard 2020: https://www.spglobal.com/spdji/en/research-insights/spiva/

The Power of Now: https://www.amazon.com/Power-Now-Guide-Spiritual-Enlightenment/dp/1577314808

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