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:
“Early education can only promise to help make the third and fourth and fifth years of life good ones. It cannot insure without fail that any tomorrow will be successful. Nothing “fixes” a child for life, no matter what happens next. But exciting, pleasing early experiences are seldom sloughed off. They go with the child, on into first grade, on into the child’s long life ahead.”
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“America is a great country. It has many shortcomings, many social inequalities, and it’s tragic that the problem of the blacks wasn’t solved fifty or even a hundred years ago, but it’s still a great country, a country full of opportunities, of freedom! Does it seem nothing to you to be able to say what you like, even against the government, the Establishment?”
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