“Compound interest is the eighth wonder of the world. He who understands it, earns it … he who doesn’t … pays it.” Who said that? I have no idea. People attribute it to Albert Einstein, but the truth is he probably didn’t say it either. In fact, people quote Albert Einstein a lot when he didn’t say the majority of those things. It’s simply trying to add more weight to whatever they are saying. “A […]
Investing
So after this first round of finance Friday posts we’ve gone through the basic definitions and established general priorities. Now I want to step back and remind everyone of the philosophy. Most, if not all of you, are young physicians or other highly educated young professionals. My investment philosophy is mostly tailored toward you because well, I am a young physician who went through the opportunity cost of 4 years of medical school and 6 […]
The Philosophy
This is my first “Finance Fridays” post so this is what I would consider an introduction and Talking the Talk. A huge part of understanding any concept is understanding the vocabulary. In medicine, this concept holds true even as a medical student. You spend the first two years of medical student learning anatomy, biochemistry, and physiology. This continues into the higher level subjects of pharmacology and pathology. However, I would argue that a substantial portion of both Pathology […]
Talking the Talk
#MatchDay2016 #MatchDay #iMatched #Match2016 #Match The day of matching. The first day of the rest of your life. The alpha. The omega. What is there to say? CONGRATULATIONS! You matched into Specialty X at location Y. Whether it was at Podunk College in BFE or Ivory Tower in Awesomeville, you have now officially embarked on your journey to being a “real doctor”. Bask in this moment and enjoy it. Go out with your friends and […]