This is the White Coat Investor Podcast, where we help those who wear the white coat get a fair

shake on Wall Street. We've been helping doctors and other high-income professionals stop

doing dumb things with their money since 2011. This is White Coat Investor Podcast number 433,

investing questions. Today's episode is brought to us by SOFI,

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and MLS 696891. All right, welcome back to the podcast. It's summer. That means we're all

trying to take time off around here, a white coat investor. It's amazing to look at the weeks and see

how many of our staff are gone in any given week. That means when we're together, we wedge everything in

and try to get the work done. Unfortunately, that's the way emergency medicine works too. Now, I've

apparently taken too much time off in this month. And so here I find myself this week working seven days

straight. Now, it's not unusual for docs. I don't do that all the time, but for me,

it's a little unusual. I only work six shifts a month, and I've got five of them this week, you know, between shifts for July at the end of July and shifts for August at the beginning in August. So you can tell I'm recording this on the last day of July. And then, of course, the other two days in the week are chock full of WCI stuff. So I'm feeling a little crispy right now. Not going to lie, but I'm going to spend all next week backpacking. So it should be okay. Looking forward to going to the UNA Mountains with some young men from our church group. So it should be a lot of fun. All right. Let's get into your questions today. We've got a lot of great questions to talk about today. The first one comes in from somebody who sent me an email. I said, I have a suggestion for a blog post. And I said, sounds better to cover on the podcast. Said a rundown on the financial details and a stock quote. I agree with your preachings against picking and owning individual stocks, whoever chump's going to chump, and one of those chumps is my wife who recently enthusiastically

brought me the quote on her latest stock interest. The reason she was so excited was that the

price per share was five bucks, which she considers a steel. I tried to explain that the price per share is

meaningless without considering the underlying value per share, but she wasn't having it, just like with free handbags.

She believes that the price is the value.

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