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:
“If you feed a man, and wash his clothes, and borne his children, you and that man are married, that man is yours. If you sweep a house, and tend its fires and fill its stoves, and there is love in you all the years you are doing this, then you and that house are married, that house is yours.”
—Truman Capote (20th century)
“What a lesson here for our world. One blast, thousands of years of civilization wiped out.”
—Kurt Neumann (1906–1958)