Adapt glide path to a diversified portfolio
There are many well off mid to senior level corporate executives who are very wealthy even by global standards due to the options/shares held by them in their employer companies.
Whilst that is a great place to be in, it also leads to problems with many of them. The value of the shares of their employer company is a major component of their wealth and, in many cases, they are getting additional option allocations every year. This means that the value of their wealth is critically dependent on continued good performance of a single share which could be Indian or International depending on the employer company. My article in Business Standard today on guiding principles to follow to enable such investors to break the shackles of “greed” and “fear” to reduce the dependance on the fortunes of a single holding.