Lone Pine brews success on java bet

Mandel’s investment team deserves special credit for seeing continued upside in the stock, which had already risen 9,000% over the past decade.

75portwatch.gif

By Pete Gallo

The last two decades may be remembered as America’s golden age of gourmet coffees, with Starbucks Coffee springing up latte shacks on every available corner. But in a down economy marked by a retail bust, it pays to be a distributor of coffee products rather than a storefront laden with an expensive real-estate lease.

Hedge

To continue reading, subscribe now to Premium Journalism. Already a subscriber? login.

Related