not quite a gertrude stein for spotting new talent , garnet instead made acquaintance with the then manager of the chelsea hotel - the citys undisputed bedding place for the worlds literati - who endeavoured , in his turn , to keep garnet updated concerning news of the rising and falling fortunes of his distinguished guests , and to attempt to keep one step ahead of the market - and the media - by predicting who was going to be hot and who was not .