"Kenny G, who once played at President Bill
Clinton's inaugural ball, wakes up every
morning to Starbucks. The saxophonist
doesn't drink coffee. Instead, the man whose
real name is Kenny Gorelick, obsessively
checks the company's stock price.
Gorelick was one of the first investors in
the Seattle-based chain. He was introduced
to Starbucks chief Howard Schultz through
an uncle, before the company went public,
and soon bought a stake. Shares are up
more than 12,000 per cent since beginning
public trade.
That success helped spark a stock-trading
habit that consumes his attention as his
music earning potential is eaten away by
digital music, which pays less than physical
album sales, and online piracy. These days,
Gorelick spends his mornings in front of his
computer screen, trading blocs of shares of
the approximately 30 companies in his
portfolio. Over the past decade, he has
earned about as much money from stock
trading as from music, he says."....Independent, today.
Well, an obvious career progession...
BN.
Clinton's inaugural ball, wakes up every
morning to Starbucks. The saxophonist
doesn't drink coffee. Instead, the man whose
real name is Kenny Gorelick, obsessively
checks the company's stock price.
Gorelick was one of the first investors in
the Seattle-based chain. He was introduced
to Starbucks chief Howard Schultz through
an uncle, before the company went public,
and soon bought a stake. Shares are up
more than 12,000 per cent since beginning
public trade.
That success helped spark a stock-trading
habit that consumes his attention as his
music earning potential is eaten away by
digital music, which pays less than physical
album sales, and online piracy. These days,
Gorelick spends his mornings in front of his
computer screen, trading blocs of shares of
the approximately 30 companies in his
portfolio. Over the past decade, he has
earned about as much money from stock
trading as from music, he says."....Independent, today.
Well, an obvious career progession...
BN.
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