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.
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Famous quotes containing the word years:
“The days of our years are threescore years and ten; and if by reason of strength they be fourscore years, yet is their strength labour and sorrow; for it is soon cut off, and we fly away.”
—Bible: Hebrew Psalms 90:10.
The Book of Common Prayer (1662)
“Young fellows are tempted by girls, men who are thirty years old are tempted by gold, when they are forty years old they are tempted by honor and glory, and those who are sixty years old say to themselves, “What a pious man I have become.””
—Martin Luther (1483–1546)