WCI #188: Dr. Rick Hodes, a Life Dedicated to Service

White Coat Investor Podcast

Dr. Jim Dahle of the White Coat Investor

Medicine, Health & Fitness, Business, Investing

4.9 • 2.3K Ratings

🗓️ 10 December 2020

⏱️ 51 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

The work of Dr. Rick Hodes in Ethiopia is inspiring. He is working in an international inter-religious, interfaith, inter-ethnic environment to make the world a better place. He is the doctor we wrote we wanted to be in our medical school admission essay. We talk about how he got started practicing medicine internationally, the interesting work that he has done, and the many people that he has been able to help. We discuss the finances behind work like this and the effort put into fundraising. Some people have criticized international aid programs saying they are doing more harm than good and we get into that too. Many of our profession are suffering from burnout. Dr. Hodes has some advice on that as well, 30+ years into his career. We also talk about how you can help. For not a lot of money, we can help a lot of people. Rick shows us what a true calling in medicine can look like. Take a listen and see if you find this interview as inspiring as I did.

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The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and refinancing medical school loans to physician disability insurance and malpractice insurance. Learn about loan refinancing or consolidation, explore new investment strategies, and discover loan programs specifically aimed at helping doctors. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor is for you!

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Transcript

Click on a timestamp to play from that location

0:00.0	This is the White Code Investor Podcast, where we help those who wear the White Code get a fair shake on Wall Street.
0:06.0	We've been helping doctors and other high-income professionals stop doing dumb things with their money since 2011.
0:12.0	Here's your host, Dr. Jim Dolly.
0:18.0	This is White Code Investor Podcast number 188, Rick Hodes, a life dedicated to service.
0:24.0	Thanks for what you do. Life's not easy these days. I saw a COVID patient the other day in the ER,
0:29.0	who was not that sick, could actually go home. I shot a chest X-ray, it looked pretty good, and the oxygen looked good.
0:36.0	So I was going to let him go home, and we got his wife on the phone, and we were all talking together, and she threatened to sue me.
0:43.0	If anything bad happened to him, you know, what a great job we have that people are constantly threatening just to sue us in case anything bad happens,
0:50.0	even if our actions were completely reasonable.
0:53.0	So I actually got him a pulse oximeter, sent him home with that, told him to drink a bunch of water because he was a little dehydrated,
0:58.0	and called him the next day to make sure he was doing okay, and he said, yeah, you know, I really was very dehydrated,
1:03.0	and just needed to do that. I'm feeling much, much better today. So obviously, he's not going to sue me,
1:08.0	but it's tough having a job where you have that liability hanging over your head all the time,
1:13.0	where people just walk up and threaten to sue you for millions of dollars for killing their spouse.
1:18.0	So thanks for what you do.
1:20.0	The White Coat Investors are proud to introduce our no hype real estate investing course,
1:24.0	which will provide the framework to developing further knowledge and experiences you progress in your real estate investing career.
1:30.0	We call it an introductory course because there's always more to learn, but this is no short superficial course.
1:36.0	There are over 200 lectures and videos adding up to more than 27 hours of content by over 15 different instructors.
1:42.0	We think it just might be the best real estate course on the planet.
1:45.0	Continue your wealth building journey today with the no hype real estate investing course at whitecoatinvestor.com slash courses.
1:52.0	You can do this and the whitecoat investor can help.
	...

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