I left a large family business that had close to $200 m in revenues. I got 2 Master's degrees (Financial Mathematics and an MBA from an Ivy). I am now 46 and own a semi-profitable restaurant, some real estate, and have a small severance package. All I ever wanted was to work in hedge funds. I didn't realize how ageist people are and that they just don't hire people in their late '30's and '40's. I stand to inherit $15 m, but I may be 60 when that happens. Any words of wisdom as my family is finally willing to give me a few million to manage?
I was widely regarded as one of the smartest people in my home town, my high school, my undergrad, and both grad schools. Yet I feel like I have wasted my career and am wondering if I should just buy some real estate or a company with a nice cash flow instead of trying to get a track record.