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:
“Every immigrant who comes here should be required within five years to learn English or leave the country.”
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“Finishing schools in the fifties were a good place to store girls for a few years before marrying them off, a satisfactory rest stop between college weekends spent husband hunting. It was a haven for those of us adept at styling each other’s hair, playing canasta, and chain smoking Pall Mall extra-long cigarettes.”
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