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:
“Gargantua, at the age of four hundred four score and forty- four years begat his son Pantagruel, from his wife, named Badebec, daughter of the King of the Amaurotes in Utopia, who died in child-birth: because he was marvelously huge and so heavy that he could not come to light without suffocating his mother.”
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