The second edition of my book The Physician’s Guide to Investing: A Practical Approach to Building Wealth appeared last year.

This book is unique.  It addresses a previously neglected topic; helping physicians with their personal financial management.  It also provides common sense advice found nowhere else and that all investors should find profitable.

Please see Book Reviews for comments on the first edition by Warren Buffett and Drs. William C. Roberts, George Meyer and Edward T. Creagan.

I also write The Physician Investor Newsletter.  Click on the The Newsletter to learn more and to sign up for a free three month trial subscription.

Below is an excerpt from the most recent edition of The Physician Investor Newsletter:

A Little Insurance: Wealth, War and Wisdom

September 18th, 2017 - #488

    Almost a month ago North Korea threatened to attack Guam. Trump said we will responds with “fire and fury”. I thought about writing this newsletter at that time, but was concerned that any mention of possible nuclear war would label me as an alarmist and hurt my credibility. Then along comes 2 hurricanes and Kim launches a missile over Japan (and then another missile) so I’m going to write about some common sense things you should do to prepare for a natural or man-made disaster.
    Before getting started: My fear of a nuclear war is no higher than 6 month ago. For all of the bellicosity (on both sides), Kim’s family has been in power in N. Korea for 70 years. They know how to play international politics. I believe the chance of him picking a shooting war with us is almost zero. I don’t believe a major conflict, much less the use of nuclear weapons, is imminent. Neither does the best gauge of the totality of public opinion, namely the stock market. The South Korean KOSPI and the Japanese NIKKEI remain strong. When they drop 5-10% in one day is when you should get worried. It’s like when the policeman with the bomb-sniffing dog starts to run away from a backpack sitting on a bench: time for you to run too.

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