Michael Sonnenfeldt, founder of high-net-worth network TIGER 21, discusses the psychological and intellectual hurdles entrepreneurs face after exiting their companies.
“From an intellectual challenge point of view, many of our members find the challenge of managing the wealth that they've created is actually intellectually more challenging than the business, because the business might have come naturally to them.”
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Sonnenfeldt: Business profits disguise founders' poor investing skills
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Opinion
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AssertionSupported
Sonnenfeldt: TIGER 21 members keep over 70% in risk-on assets
“And what's so remarkable is if you take those three numbers, the private equity, public equity and real estate, it adds up to 70 plus percent. Those are the risk on assets. So our members are relatively long-term bullish on investments. Even when they think we…”
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