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:
“The great word Evolution had not yet, in 1860, made a new religion of history, but the old religion had preached the same doctrine for a thousand years without finding in the entire history of Rome anything but flat contradiction.”
—Henry Brooks Adams (1838–1918)
“We never become really and genuinely our entire and honest selves until we are dead—and not then until we have been dead years and years. People ought to start dead and then they would be honest so much earlier.”
—Mark Twain [Samuel Langhorne Clemens] (1835–1910)