confusing code return early pattern

ConfusingCode.js

function returnStuff(argument1, argument2) {
  if (argument1.isValid()) {
    if (argument2.isValid()) {
      const otherVal1 = doSomeStuff(argument1, argument2);

      if (otherVal1.isValid()) {
        const otherVal2 = doAnotherStuff(otherVal1);

        if (otherVal2.isValid()) {
          return "Stuff";
        } else {
          throw new Exception();
        }
      } else {
        throw new Exception();
      }
    } else {
      throw new Exception();
    }
  } else {
    throw new Exception();
  }
}