Complex rarely wins. Dr. Robert Doroghazi breaks down he simple rules he swears by, the savings target most doctors miss, why boring often beats stock picking, and the relationship move that multiplies wealth. Hear the traps smart people still fall into and how to sidestep them effectively.

Key takeaways to listen for

• [07:40] The three money traps doctors fall into
• [15:18] Why you must invest only in what you truly understand
• [20:14] How to control the controllables: fees and taxes
• [29:04] What his Physician Investor Newsletter actually teaches
• [32:20] Proof from The Millionaire Next Door on frugality

• [04:01] The Physician’s Guide to Investing by Robert M. Doroghazi | Paperback and Hardcover
• [32:20] The Millionaire Next Door by Thomas J. Stanley and William D. Danko | Kindle, Paperback, and Hardcover
• [33:32] The Richest Man in Babylon by George S. Clason | Kindle and Paperback

Dr. Robert M. Doroghazi is a retired cardiologist and the author of The Physician’s Guide to Investing: A Practical Approach to Building Wealth. Drawing from personal experience and financial discipline, he built a substantial investment portfolio that allowed him to retire at age 54. Known for his direct, no-nonsense approach, Dr. Doroghazi advocates for living below your means, saving aggressively, and investing in low-cost index funds. In addition to writing, he publishes The Physician Investor Newsletter, offering financial guidance to fellow physicians and professionals aiming to achieve financial independence.

• Website: The Physician Investor Newsletter
• LinkedIn: Robert Doroghazi, MD

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