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DENTISTRY vs MEDICINE: WHO WILL WIN!? (1 Viewer)

alman

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as i say: value investing is the way to go for guaranteed money (i can attest to that)..but here is a passage i read in "the intelligent investor" by benjamin graham - a great book i recommend:

"the average doctor maybe more likely than the average widow to become an enterprising investor. He has one important handicap, however -the fact that he has less time available to give to his investment education and to the administration of his funds. In fact, medical men have been notoriously unsuccessful in their security dealings. The reason for this is that they usually have an ample confidence in their own intelligence and a strong desire to make a good return on their money, without the realization that to do so successfully requires both considerable attention to the matter and something of a professional approach to security values."

the lesson is: never rely on your income to determine how wealthy you are. in fact, a good way to determine wealth is multiply age with annual income (not including inheritance) and divide by 5. thats how much you should be worth.

just dont spend all you money like most medical men....aint that right inasero?
 

Lexicographer

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Originally posted by CHUDYMASTER
Why are there different names across the states? There's not difference I assume....but then again BMedSci in Usyd or UNSW is not the same as MBBS....
Medical Science is not Medicine, it is the study of technology and its applications to Medicine (or so they say).

In fact, it is actually a Bachelor of GAMSAT. MedSci is really three years of First Year Physics, Chemistry and Biology - a near assurance that you will at very least pass the GAMSAT examination.

Edit: Incidentally, not all universities award "MBBS". Newcastle gives the testamur "BMed" instead. The name isn't important, as long as people know what it means.
 

CHUDYMASTER

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alman:
Hmm, some of those technical terms I don't follow. Is he suggesting that doctors generally aren't good managers of money? Or is he saying they don't have much time to spend it? lol...or both???
 

CHUDYMASTER

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Originally posted by Lexicographer
Medical Science is not Medicine, it is the study of technology and its applications to Medicine (or so they say).
I know it's not the same, hence that's what I said. I was trying to draw an analogy for what PointDexter was saying,
 

alman

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chudy:

as in doctors arent good managers of money and they dont have time to properly educate themselves in this management...its a warning sign..

when you spend too much on products, somethings wrong with you money management skills - a problem with most of today's doctors..

perhaps, minai might be able explain my quoted passage :D
 

CHUDYMASTER

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Originally posted by alman
chudy:

as in doctors arent good managers of money and they dont have time to properly educate themselves in this management...its a warning sign..

when you spend too much on products, somethings wrong with you money management skills - a problem with most of today's doctors..

perhaps, minai might be able explain my quoted passage :D
That'd be right-- but then again syllabi have changed since then! Hehe, my parents get their accountant to do most of their dirty work :D

The current courses in medicine train people on the management side, from what I've read in my course outlines.
 

+Po1ntDeXt3r+

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Originally posted by CHUDYMASTER
I know it's not the same, hence that's what I said. I was trying to draw an analogy for what PointDexter was saying,
hehe i found out they are the same :eek:
its just cos of tradition :rolleyes:
but at least im goin to be lik my aunt and cuz.. with BDS.. instead of BDSc.. ... inferior lolz :p
 

adsta

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My cousin is a doctor, anyway his hours aren't that bad. He works in ER, and had the option on being on call 24/7 + more money, but he decided not to because he still wants a life.
 

CHUDYMASTER

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Originally posted by adsta
My cousin is a doctor, anyway his hours aren't that bad. He works in ER, and had the option on being on call 24/7 + more money, but he decided not to because he still wants a life.
hehe...btw what does he "Specialise" in? Does he actually need to specialise in anything as such? Or can he deal with things like stabbings, accidents, etc. no matter where they are located?
 

inasero

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his speciality IS emergency medicine.....general pracitce is a specialty in itself, then there's gastroenterology, opthalmology, cardiology, radiology, otolarynrhinology, psychiatry, paediatrics, haematology, pathology, emergency medicine, neurology, surgery, gynaecology, obstetrics yada yada......take your pick
 

CHUDYMASTER

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Originally posted by inasero
his speciality IS emergency medicine.....general pracitce is a specialty in itself, then there's gastroenterology, opthalmology, cardiology, radiology, otolarynrhinology, psychiatry, paediatrics, haematology, pathology, emergency medicine, neurology, surgery, gynaecology, obstetrics yada yada......take your pick
yummios, so much to choose from!
 

inasero

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ehhe he means the 'chudy' part...which translates to 'underwear' or something...
 

adsta

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Originally posted by inasero
his speciality IS emergency medicine.....
Yes, that is correct. I think he had to do another 4 years of uni (I will check if anyone is interested).
 

CHUDYMASTER

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I am but the master of underwear...as well as the master of curry and consequent wisdom. Got a problem with that??! HUH?!
 

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