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.
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Famous quotes containing the word years:
“Fear, when your friends say to you what you have done well, and say it through; but when they stand with uncertain timid looks of respect and half-dislike, and must suspend their judgement for years to come, you may begin to hope.”
—Ralph Waldo Emerson (1803–1882)
“Lonesome? God, no! From the day the kids are born, if it’s not one thing, it’s another. After all those years of being responsible for them, you finally get to the point where you want to scream: “Fall out of the nest already, you guys, will you? It’s time.””
—Anonymous Mother of Four. As quoted in Women of a Certain Age, by Lillian B. Rubin, ch. 2 (1979)