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The Economic Times
The Economic Times
Business
Dev Ashish

Built wealth by taking risks? Managing it requires a new mindset

If you have already made a decent amount of money (via a business that worked, a long career that paid well, or a chunky ESOP), there is an assumption that follows you around—the judgement which helped you build wealth will also help you decide how to manage it well. That, however, is not how it works in reality. Being good at making money does not automatically make you good at managing what you already have.

What built wealth rarely manages it

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