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ARTICLE |

THE PHYSICIAN'S INVESTMENTS

RUKEYSER MERRYLE STANLEY, M.D.
JAMA. 1927;89(18):1515-1517. doi:10.1001/jama.1927.92690180001014.
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ABSTRACT

Physicians have long since freed themselves from the traditions of myth and magic in their own professional activities, but as investors they are still prone to place faith in the supernatural. If medical men would bring their scientific, questioning attitude into the field of finance, they would tend to cease to remain favorites on the sucker lists of security charlatans.

Inexperienced outside the biologic sciences, physicians are frequently thwarted by naively assuming that the casual lay outsider is equipped to give them financial information that will lead on to fortune. Sure thing tips on the stock market are on a par with "patent medicines" and quack remedies; they fulfil a human demand by promising much, but in the long run they are likely to yield only frustration and disappointment.

In this age of specialization, the medical man cannot afford to become a specialist in finance. But he can be consistent with the

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The American Medical Association is accredited by the Accreditation Council for Continuing Medical Education to provide continuing medical education for physicians. The AMA designates this journal-based CME activity for a maximum of 1 AMA PRA Category 1 CreditTM per course. Physicians should claim only the credit commensurate with the extent of their participation in the activity. Physicians who complete the CME course and score at least 80% correct on the quiz are eligible for AMA PRA Category 1 CreditTM.
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