Larry Richards studied music at the University of North Texas and went to Japan to research pre-1939 jazz history and play gigs. ‘I realised where I was in the pyramid, and if I were to pursue a career as a performer, I would be doing Bar Mitzvahs and weddings for $100 a night for the rest of my life,’ he told Bloomberg.
So Larry took an online course on equity derivatives, set up a trading software company and sold it a couple of months ago to Gammon Capital, staying on as chief technology officer. He still lives in Japan.
Lesson here, somewhere?