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White Coat Investor
@WCInvestor
Helping Doctors build wealth since 2011! The top source of unbiased financial education and resources for physicians.
whitecoatinvestor.com/personal-finan…
Joined December 2011
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    White Coat Investor
    @WCInvestor
    Oct 9, 2024
    Net worth surveys of physicians in their 60s, generally at the end of a 30+ year career, show that one-quarter of them have a net worth of less than $1 Million, and 12% have a net worth of less than $500,000! Why do you think such a large proportion of late career physicians
    56K
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    White Coat Investor
    @WCInvestor
    Apr 4, 2020
    Where did all these people with chest pain and belly pain go? Because they are no longer in my ER. It’s amazing how much less health care people consume when they are motivated not to.
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    White Coat Investor
    @WCInvestor
    Aug 28, 2018
    Hospital CEO compensation up 93%, doctor compensation up 15-26% over a decade, nurses up 3%. On average, CEOs make 5X what the orthopedic surgeons make and 44X what the nurses make. You can't make this stuff up. Imagine 44 more nurses on your unit.
    sciencedaily.com
    Wage gap between hospital executives and doctors is widening, study finds
    Over the past decade, salaries for hospital CEOs have risen much faster than for surgeons, physicians, and nurses, reports a new study.
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    White Coat Investor
    @WCInvestor
    Nov 18, 2017
    If you can learn how to manage money you only need to get rich ONCE, get lucky ONCE, figure out how to provide a lot of people a lot of value ONCE, figure out how to get paid well ONCE. If you never learn to manage money, it doesn't matter how many breaks you get-you'll be poor!
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    White Coat Investor
    @WCInvestor
    Feb 26, 2020
    Doctors don’t need free med school. They need reasonably priced med school.
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    White Coat Investor
    @WCInvestor
    May 29, 2020
    I must be winning. Northwestern Mutual is now distributing information to its agents about how to counter my blog posts and still get the sale.
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    White Coat Investor
    @WCInvestor
    Nov 30, 2020
    A public apology #MedTwitter
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    White Coat Investor
    @WCInvestor
    Dec 24, 2019
    Thank you to the team that successfully stented my mother’s LAD today. I appreciate the years you spent learning and practicing and your attention to detail.
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    White Coat Investor
    @WCInvestor
    Feb 6, 2022
    An apology and an explanation
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    White Coat Investor
    @WCInvestor
    Nov 13, 2019
    I just drove a Tesla for the first time. I shouldn’t have done that. And it was just a standard Model S.
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    White Coat Investor
    @WCInvestor
    Mar 29, 2025
    Do doctors owe society for the cost of their education and training? Hot take: Docs don't owe society anything for that. Even if they did, everything you earn as a doctor gets taxed at ordinary income tax rates, and usually the highest tax rates. And every bit of that income
    115K
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    White Coat Investor
    @WCInvestor
    Nov 13, 2020
    Had a patient’s wife threaten to sue me today and lost a neonate. Some days are better than others. It turns out some jobs are a lot harder than typing a bunch of crap into the internet. Thanks for what YOU do.
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    White Coat Investor
    @WCInvestor
    Aug 22, 2021
    We should probably quit saying “We’re out of hospital beds” and start saying “We’re out of hospital nurses.” Then maybe society will start finding ways to fix the real issue. Let’s be honest—there are plenty of beds and it is easy to get more. Far easier than training nurses.
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    White Coat Investor
    @WCInvestor
    Jul 13, 2018
    Most people think they want to be a millionaire, but what they really want is to spend a million dollars. It gets really confusing until they realize those two things are polar opposites. You literally become a millionaire by NOT spending a million bucks you could have spent.