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:
“So much for Mrs. Hollis’ nine months of pain and 20 years of hope.”
—Alvah Bessie, Ranald MacDougall, and Lester Cole. Raoul Walsh. Nameless GI, Objective Burma, cutting dog tags off a dead GI (1945)
“There is no lonelier man in death, except the suicide, than that man who has lived many years with a good wife and then outlived her. If two people love each other there can be no happy end to it.”
—Ernest Hemingway (1899–1961)