Guy Adami: a trader’s career path
Guy Adami is a well-known American trader and successful investor; he also participates in various profile programs and appears regularly as an expert on the financial talk shows Fast Money on CNBC.
Born in 1963 into a family of lawyers, Guy is one of five children. Adami Sr. worked as a judge in the local judicial system. During his school years, the future investor led an active lifestyle, playing for two teams – basketball and soccer. In both sports the young man showed good results, his interception in football is still considered one of the best among school players. In addition, he managed to combine the captaincy of two teams.
After graduating from high school in 1982, Guy enrolled at Georgetown University. After graduating in 1986, Adami landed a job at Drexel Burnham Lambert, where he specialized in commodities trading. Starting as an ordinary trader, working 24 hours a day, he rose through the ranks to become a top manager. Here, Guy gained skills in closing trades in various financial instruments. He also gained tremendous experience in communicating with clients and staff, making him a sought-after specialist in his field. After 10 years, Adami joined Goldman Sachs as a Vice President in the commodities group. He ran the gold business and developed strategies for traders. Adami later took over portfolio management with companies in the industrial sector. He left the firm in 2003 to become an executive director at CIBC World Markets.
In addition to his financial activities, Guy took part in a popular talk show on the American channel CNBC, becoming one of the invited experts. The topic of the program is a review of various financial news, explaining them or other professional issues in language understandable to ordinary viewers.
Adami’s hobbies are not limited to the stock market. In 2012, he tried his hand at the international Ironman competition held in New York. The competition involves a triathlon: swimming, cycling, and running, and is considered extremely difficult and requires long training. Adami’s motivation for Ironman was to raise money for the treatment of lymphoma and leukemia patients, which was organized by a community in New Jersey. More than $681,000 was raised after the event, although organizers expected to raise $500,000. The New York Times published an article about Adami’s preparation for the Ironman, his example, and his lofty goal of inspiring others to train.
Guy is married and has three children. The financier is worth an estimated $36 million.