---
product_id: 27793135
title: "The Physician's Guide to Investing: A Practical Approach to Building Wealth 2nd ed. 2009 Edition"
brand: "robert doroghazi"
price: "₪454"
currency: ILS
in_stock: true
reviews_count: 6
url: https://www.desertcart.co.il/products/27793135-the-physicians-guide-to-investing-a-practical-approach-to-building
store_origin: IL
region: Israel
---

# The Physician's Guide to Investing: A Practical Approach to Building Wealth 2nd ed. 2009 Edition

**Brand:** robert doroghazi
**Price:** ₪454
**Availability:** ✅ In Stock

## Quick Answers

- **What is this?** The Physician's Guide to Investing: A Practical Approach to Building Wealth 2nd ed. 2009 Edition by robert doroghazi
- **How much does it cost?** ₪454 with free shipping
- **Is it available?** Yes, in stock and ready to ship
- **Where can I buy it?** [www.desertcart.co.il](https://www.desertcart.co.il/products/27793135-the-physicians-guide-to-investing-a-practical-approach-to-building)

## Best For

- robert doroghazi enthusiasts

## Why This Product

- Trusted robert doroghazi brand quality
- Free international shipping included
- Worldwide delivery with tracking
- 15-day hassle-free returns

## Description

Full description not available

## Images

![The Physician's Guide to Investing: A Practical Approach to Building Wealth 2nd ed. 2009 Edition - Image 1](https://m.media-amazon.com/images/I/61OLE5ayupL.jpg)

## Customer Reviews

### ⭐⭐⭐⭐⭐ 5.0 out of 5 stars







  
  
    A good read!
  

*by M***H on Reviewed in the United States on December 8, 2013*

This book is good.  Although it can be condescending, it's real.  Within the first few pages the author immediately criticizes the medical educational institution for completely failing medical students by not educating them on financial matters at all.  Rather, medical schools actively brainwash students that it's all going to be ok for people choosing primary care even if they graduate 250k+ in debt.  It hits at the arrogance that physicians have in other areas of life outside of medicine.  It highlights the knowledge differential that is present in financial matters for physicians.  Example, I would bet that the vast majority of doctors don't know that the majority of mutual funds don't beat the market.  Further, physicians will pay somebody 1% a year to manage their money and not beat the market which is just stupid.  Physicians have a true knowledge differential in medicine, and given the complexity of medicine, they think that their prowess in medicine applies to other parts of life as well.  As the book highlights, it does not.  It's a good overview of how to keep your financial life in order as physician with explanation of various insurance policies including disability, umbrella, etc as well as various investment vehicles.  No, it does not provide specifics.  But it's a good place to start as the author cites numerous books that do provide specifics.

### ⭐⭐⭐⭐⭐ 5.0 out of 5 stars







  
  
    Best One!
  

*by T***R on Reviewed in the United States on June 18, 2010*

I got several financial books after my husband started private practice - this one is by far the most comprehensive and detailed.  Doroghazi has many funny one-liners and direct advice.  The table of contents is very helpful - I know right where to check back for info.  I really wish I had purchased this sooner, before we received bad advice from financial advisors who were only looking out for themselves....  Now I really feel like we have a better handle on our savings plan, goals, disability insurance & life insurance policies.  This is a great book!

### ⭐⭐⭐ 3.0 out of 5 stars







  
  
    Immensely valuable, with a few caveats (and a few more)
  

*by K***T on Reviewed in the United States on February 2, 2014*

I've been an investment guy since 1978, and started working with my first physician client in 1979. I have some problems with the book, which I'll outline later, but first I'd like to praise what the author does well.Dr. Doroghazi does a wonderful job of explaining and warning against the three central factors that make doctors under-perform almost every other group at accumulating wealth, when adjusted for income: a sense of entitlement or deferred gratification upon exiting residency or fellowship; an ego-driven belief that their intelligence and their training in one area (medicine) translates into expertise in other areas, particularly investments; and the confusion of social status with wealth. (Hence big car, big house, country club, European vacation.)This is great information for every doc beginning practice. Take his advice: buy less house, buy less car, avoid consumer debt, push savings early, steer clear of whole life insurance and annuities. Don't open a restaurant.Here's where I disagree strongly. After noting that few active investors beat the averages, and offering smart advice about no-load index funds, he then launches into excruciating detail about all of his own smart investment ideas. Evidently most mutual funds can't beat the market, but he can. One of his pieces of advice: spend one hour considering an investment for every $1,000 you plan to invest.Really? Work a sixty-hour week, take call, and in your spare time be an investment hobbyist instead of spending time with your family or reading the medical journals? As a patient, that is not how I'd want my cardiologist spending his spare time. Buy an index fund in your 401k and you don't need that research.Much of Doroghazi's investment advice is self-contradictory. (Read Warren Buffett, subscribe to Marc Faber. Really?) I sometimes wondered if Dr. D wishes he'd worked on Wall Street instead of in a hospital. That said, I believe he has some genuine understanding of the thought processes associated with successful investing, and intends this book to be a "brain transfer" of his accumulated wisdom to younger physicians.Brain transfers don't work. Behavioral economics suggests most individuals are intrinsically poor investors, and most cannot be taught to be successful. Based on my thirty-five year experience, many doctors are among the worst. Better to keep it much simpler and buy the Vanguard STAR Fund as he suggests, instead of wandering deep into the weeds contemplating 18-year stock/commodity super cycles.My final nitpick -- the book needs an editor and someone skilled at formatting for Kindle. It can get hard to read.I'll close by repeating my admiration of his clear advice about constraining lifestyle, avoiding debt, and pushing savings early.------------------Updated review February 10, 2014After re-reading parts of the book that troubled me, and visiting Doroghazi's website, which is heavily promoted in the book, I have to withdraw my endorsement of his investment approach. It appears that the good doctor has fallen heavily into gold buggery, to the great detriment of any newsletter subscribers foolish enough to follow his advice.Some basic math: if you believed Doroghazi writing in early 2009, you thought the bear market in stocks was just getting started, as was the bull market in gold. If you sold your stocks and bought gold bullion, as he advised (still does), you've missed a 170% advance in stocks, while suffering a 40% loss on gold. If you started with $1 million in 2009, thanks to Dr. Doroghazi you now have $600,000 instead of $2.7 million. This is a life changing and irrecoverable mistake.There is still some great stuff here, but investment error this large can't be overlooked. So five stars for advice on debt, and a qualified two stars for investment counsel.

---

## Why Shop on Desertcart?

- 🛒 **Trusted by 1.3+ Million Shoppers** — Serving international shoppers since 2016
- 🌍 **Shop Globally** — Access 737+ million products across 21 categories
- 💰 **No Hidden Fees** — All customs, duties, and taxes included in the price
- 🔄 **15-Day Free Returns** — Hassle-free returns (30 days for PRO members)
- 🔒 **Secure Payments** — Trusted payment options with buyer protection
- ⭐ **TrustPilot Rated 4.5/5** — Based on 8,000+ happy customer reviews

**Shop now:** [https://www.desertcart.co.il/products/27793135-the-physicians-guide-to-investing-a-practical-approach-to-building](https://www.desertcart.co.il/products/27793135-the-physicians-guide-to-investing-a-practical-approach-to-building)

---

*Product available on Desertcart Israel*
*Store origin: IL*
*Last updated: 2026-03-17*