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:
“But you were not living at all,
and I was half-living,
so where the years blight these others,
we, who were not of the years,
have escaped,
we got nowhere.”
—Hilda Doolittle (1886–1961)
“What a hundred years is not enough to build, one day is more than enough to destroy.”
—Chinese proverb.