Later Years
In 1984, Jones transformed his fund into a fund of funds, investing its capital in other hedge funds with different areas of expertise and investment styles. He gradually disengaged himself from his office and gave his time to the Peace Corps and even tried to establish a "reverse Peace Corps" in which aid recipients would send their own volunteers back to the United States to work with the poor in that country, as a "hedge" against creating a culture of inferiority among developing countries.
Read more about this topic: Alfred Winslow Jones
Famous quotes containing the word years:
“During those years in Stamps, I met and fell in love with William Shakespeare. He was my first white love.... it was Shakespeare who said, “When in disgrace with fortune and men’s eyes.” It was a state of mind with which I found myself most familiar. I pacified myself about his whiteness by saying that after all he had been dead so long it couldn’t matter to anyone any more.”
—Maya Angelou (b. 1928)
“For six years you shall sow your land and gather in its yield; but the seventh year you shall let it rest and lie fallow, so that the poor of your people may eat; and what they leave the wild animals may eat. You shall do the same with your vineyard, and with your olive orchard.”
—Bible: Hebrew, Exodus 23:10,11.