Tom Steyer is more famous on his presidential bid than his money making ability as a Hedge Fund Manager. This was a case of billionaires vs billionaires. The 3 billionaires involved in presidential contests were Tom Steyer, Michael Bloomberg and of course, Donald Trump. My research indicated he spent more than $120 million overall on politics, $47 million on 2020 presidential bid. But that was small compared to Michael Bloomberg, who spent more than $1 Billion. His life can be divided into 2 parts: part one either working or owning a business, part two as a full time politician (ie 2012 - present). He quit business cold turkey in 2012. Price gets washed out by growth over a long period. In philanthropy just like in business, we learn by doing. His hero is Warren Buffett. He is passionate on climate change. Finally, his recipe on how to succeed; by cultures, and values
and exceptional outcomes, linked by a reasonable strategy.
