Financial analyst Morgan Housel draws a parallel between medicine and investing to make a simple, but important, point: “personal finance is deeply personal” so “coming up with a solution that lets you sleep at night, rather than one that’s academically superior, is how [a financial advisor] help[s] people.” He analogizes the “doctor knows best” era of medicine to the current state of financial advising, arguing that investing needs a “moment of clarity” similar to the effect of Yale ethicist Jay Katz’s book “The Silent World of Doctor and Patient” on the medical field. The “right answer,” he states, “doesn’t exist,” except to the extent it is right for the individual patient or client.