Wealth Management 101: For Wealth Managers

· IndraStra Papers
50 reviews
Ebook
69
Pages

About this ebook

Money. ‘Coined liberty’ as Dostoevsky put it. ‘Incarnate desire’ as James Buchanan put it. Also one of the most fundamental misunderstandings in basic economics.

We spend our whole lives being managed by money. We spend a great deal talking about it, worrying about it, often struggling to collect enough to meet our immediate needs. If we are one of the lucky ones to have a lot of money, we use it to buy our dream car, dream house, or set out on that dream vacation. Money is also considered to be a ‘tool of power’. It can be used to fund a good cause or even a war. Some are willing to break laws, destroy families, wage battles, or even get married in exchange for it. Some go beyond their measure to empower themselves with individual creativity and drive good for others around them. Feed a hungry soul seeking food. Enlighten a hungry mind seeking knowledge.

Is money good or bad? Or do we have it all wrong?

Money. ‘Coined liberty’ as Dostoevsky put it. ‘Incarnate desire’ as James Buchanan put it. Also one of the most fundamental misunderstandings in basic economics. We spend our whole lives being managed by money. We spend a great deal talking about it, worrying about it, often struggling to collect...

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Ratings and reviews

50 reviews
Koteswararao Annabattula
July 8, 2026
Is Money Good or Bad? offers a thoughtful exploration of money's true role in our lives. Rather than portraying wealth as inherently good or evil, the book examines how our beliefs, choices, and values shape its impact. Blending philosophy, economics, and real-life reflections, it challenges readers to rethink their relationship with money and use it as a tool for freedom, purpose, and positive change. A reflective and insightful read.
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ramesh kuppusamy
October 16, 2025
Great insight on investment. Will reread again
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Macdonald Moyo
February 12, 2024
very insightful and easy to understand.
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About the author

Nikhil Kamath is a Bangalore-based serial entrepreneur who has recently been named India’s youngest billionaire. Along with his brother Nitin, he co-founded online discount brokerage firm Zerodha. Together, both are first-time entrants in the Forbes list of India’s 100 Richest People. Also, they made it in the top 100 in IIFL Wealth Hurun India Rich List 2020, with Nikhil registering a wealth of ₹7,100 crores. In 2019, Nikhil co-founded his new venture True Beacon and launched True Beacon I, the first flagship fund in category-III. True Beacon is an asset management company in Alternate Investment Fund (AIF) space that aims to disrupt the market by adopting a zero upfront fee and only profit-sharing model.

Rose McReid is the Associate Partner and Design Editor at IndraStra Global New York

Simon Ghosh, an editor at IndraStra Global, specializes in working with fiction and non-fiction writers. He focuses on developing narratives and helping authors refine their work.

Nikhil Kamath is a Bangalore-based serial entrepreneur who has recently been named India’s youngest billionaire. Along with his brother Nitin, he co-founded online discount brokerage firm Zerodha. Together, both are first-time entrants in the Forbes list of India’s 100 Richest People. Also, they ...

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