Updated from Dec. 8, 2008
What do you get when you combine politics and business?
, the hedge fund founded by Al Gore, 45th vice president of the U.S., and David Blood, the former CEO of Goldman Sachs Asset Management, a division of
. Their fund, which has the nickname of "Blood and Gore," has reportedly outperformed its benchmarks historically.
Al Gore, who is also a senior advisor to
, which recently
involving the replacement of all coal-fired and oil-fired electricity generation with natural gas and renewable electricity. Google, which is down around 60% for the year, had its
last week from $650 to $500 due to lower guidance. The stock has a P/E ratio of 16, which is in line with other search engine companies such as
, with a 17 P/E. Google has a
ratio of 0.68, which is below the industry average of 0.78.
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Google, is also owned by Citadel Investment Group.
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