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:
“There are those who say to you—we are rushing this issue of civil rights. I say we are 172 years late.”
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“Perhaps our own woods and fields,—in the best wooded towns, where we need not quarrel about the huckleberries,—with the primitive swamps scattered here and there in their midst, but not prevailing over them, are the perfection of parks and groves, gardens, arbors, paths, vistas, and landscapes. They are the natural consequence of what art and refinement we as a people have.... Or, I would rather say, such were our groves twenty years ago.”
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