TLDR: a "poor" senator (meaning just ~$2 million throwing away money), gets kicked out of the white house, and connects with loads of high tech firms and big ba

TLDR: a "poor" senator (meaning just ~$2 million throwing away money), gets kicked out of the white house, and connects with loads of high tech firms and big banks and "somehow" gets >100x investment return in ~10 years, or 10x market return (70% per year average) through his hedge fund (the 10x return is on his own money, of course, not on the people who paid him to manage their money, article doesn't state what their return was). Looking up what return he provided for clients in the same period, for one client (NY city/state [2]) it appears he managed to deliver 32% in the 2009-2012 period. Per year that comes out to 9.5%, assuming reinvestment. Keep in mind that plain S&P 500 rose from 90 (SPY approx value in 2009/1/1) to 205 (SPY approx value 2012/6/1), or 233%, or 32% per year. Can someone explain to me why anyone parks even a single penny with this firm ? Although the article does say that it was public funds looking for an "environmentally friendly" way to invest. Some interesting things, apparently ethical investing means mostly tech companies, with Microsoft being the #1 single investment. Generally looks like a run-of-the-mill, a lot riskier than usual (has biotech & tech, he's got to be down 10% for the past month, at least. And if his bond portfolio is this risky, more than 10%), portfolio. [1] http://www.nasdaq.com/quotes/institutional-portfolio/generation-investment-management-llp-733957 http://www.nasdaq.com/quotes/institutional-portfolio/generat... [2] http://www.businessinsider.com.au/al-gores-generation-investment-management-wins-1656-million-nyc-pension-contract-2012-6 http://www.businessinsider.com.au/al-gores-generation-invest...