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:
“... it is only after years and years that you can speak of penury in the midst of opulence, of hunger in the midst of almost sinful plenty. You must never speak of the immediate experience unless and until you have learned its consequent value. Otherwise you grow old in bitterness which is barren and futile....”
—E. M. Almedingen (b. 1898–?)
“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?”
—Golda Meir (1898–1978)