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:
“In these years we are witnessing the gigantic spectacle of innumerable human lives wandering about lost in their own labyrinths, through not having anything to which to give themselves.”
—José Ortega Y Gasset (1883–1955)
“It’s no go the picture palace, it’s no go the stadium,
It’s no go the country cot with a pot of pink geraniums.
It’s no go the Government grants, it’s no go the elections,
Sit on your arse for fifty years and hang your hat on a pension.”
—Louis MacNeice (1907–1963)