Dr. James Grubman - Wealth 3.0
The Inheritance Podcast
The Need for Longitudinal Studies in Understanding Wealthy Families
There is a significant gap in academic research regarding wealthy families, particularly the need for longitudinal studies that track these families over time. Unlike the industry, which tends to prioritize short-term results, academia has neglected to explore the long-term dynamics of family wealth. The focus of family business schools on immediate outcomes, rather than on the broader concept of family wealth, contributes to this oversight. Addressing these shortcomings through rigorous research designs is crucial for understanding the complexities of wealthy families and their financial trajectories.
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