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White Coat Investor Podcast

WCI #431: How to Rise Above a Broken Healthcare System with Dr. Dimitrios Tsatiris

White Coat Investor Podcast

Dr. Jim Dahle of the White Coat Investor

Medicine, Health & Fitness, Business, Investing

4.92.3K Ratings

🗓️ 7 August 2025

⏱️ 32 minutes

🧾️ Download transcript

Summary

Our guest today is Dr. Dimitrios Tsatiris. He is a practicing psychiatrist and author. Outside of his clinical practice he has a passion for helping docs avoid burnout. He and Dr. Dahle discuss why so many physicians are struggling with burnout, why we should talk about burnout on a financial podcast, how perfectionism and stoicism plays into all of this and what we can do to take care of ourselves and enjoy long and happy careers.

As summer comes to a close and Q4 approaches, now is a great time to revisit your tax strategy. Are you sure you're not paying the IRS more than you should? Cerebral Tax Advisors, a White Coat Investor-recommended firm, helps physicians nationwide reduce personal and business taxes using court-tested, IRS-approved strategies. On average, their clients have seen a 453.53% return on investment in tax planning services. Their services are flat-rate, focusing on the client's return on investment. Alexis Gallati, founder of Cerebral Tax Advisors, comes from a family of physicians and has over two decades of experience in high-level tax planning strategies and multi-state tax preparation. To schedule a free consultation, visit https://cerebraltaxadvisors.com

The White Coat Investor has been helping doctors, dentists, and other high-income professionals with their money since 2011. Our free personal finance resource covers an array of topics including how to use your retirement accounts, getting a doctor mortgage loan, how to manage your student loans, buying physician disability and malpractice insurance, asset allocation & asset location, how to invest in real estate, and so much more. We will help you learn how to manage your finances like a pro so you can stop worrying about money and start living your best life. 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 Coat Investor Podcast, where we help those who wear the white coat get a fair shake on Wall Street.

0:06.2

We've been helping doctors and other high-income professionals stop doing dumb things with their money since 2011.

0:16.0

This is White Coat Investor Podcast number 431.

0:19.1

As summer comes to a close and quarter four approaches,

0:21.4

now is a great time to revisit your tax strategy. Are you sure you not paying the IRS more than

0:25.4

you should? Cerebral Tax Advisors, the White Coat investor recommended firm, helps physicians

0:29.3

nationwide, reduce personal and business taxes using court-tested IRS-approved strategies.

0:34.6

On average, their clients have seen a 453% return on investment in tax planning

0:39.0

services. Their services are a flat rate focusing on the client's return on investment.

0:43.5

Alexis Kalati, founder of cerebral tax advisor, comes from a family of physicians and has over two

0:47.8

decades of experience in high-level tax planning strategies and multi-state tax preparation.

0:52.7

Schedule a free consultation. Visit cerebraltaxadvisors.com.

0:58.1

All right, a quote of the day today comes from Dave Ramsey. Like him or hate him, here's what he

1:02.7

said. Financial peace isn't the acquisition of stuff. It's learning to live on less than you make.

1:08.5

So you can give money back and have money to invest. You can't win until you do this. Good advice there. Thanks, everybody out there for what you're doing. We're going to talk about doctors today. We're going to talk about doctors and a lot of the issues they're having out there, which are legion. There's a real problem in medicine. You know, it's called burnout.

1:28.2

There's a lot of factors that go into it.

1:30.6

You know, it might be toxic work.

1:32.2

It might be a little bit of mental illness among doctors.

1:35.5

It might be financial stress.

1:38.1

There's a lot that causes this.

1:39.6

And we're going to talk about today and some things you can do to reduce it

1:43.1

because it is a huge financial risk in your

...

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