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:
“Perhaps you have forgotten me. Dont [sic] you remember a long black fellow who rode on horseback with you from Tremont to Springfield nearly ten years ago, swimming your horses over the Mackinaw on the trip? Well, I am that same one fellow yet.”
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