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), then there is an assumption that follows you around. That the judgement which helped you build wealth will also help you decide how to manage it well.
But that is not how it works in reality. Being good at making money does not automatically make you good at managing what you already have.
I write about this topic (in my monthly column in the Economic Times Wealth 21-Sep-2026 edition).
