Posts tagged as:

rich dad

Is Rich Dad the Great Black Swan Hunter?

by DR

You’re not half as smart as you think you are. That’s the message in Nassim Nicholas Taleb’s book, The Black Swan: The Impact of the Highly Improbable. I sure wish Robert Kiyosaki (famed author of the Rich Dad Poor Dad never-ending series of books) would read The Black Swan. For our purposes [...]

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Has Rich Dad Been Reading The Dough Roller?

by DR

One week ago, I wrote an article (Rich Dad Gives Lousy Advice) that was critical of Rich Dad, Poor Dad author Robert Kiyosaki’s comparison of mutual funds to playing the lottery. I’ve grown more and more concerned with the “advice” he’s been dishing out on Yahoo! Finance lately. Frankly, it’s dangerous, and I [...]

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Rich Dad Gives Lousy Advice

by DR

I read Robert Kiyosaki’s book, Rich Dad, Poor Dad: What the Rich Teach Their Kids About Money–That the Poor and Middle Class Do Not!, years ago. It’s a decent book, although a bit gimmicky. His discussion of the relationship between the balance sheet and the income statement is good. Basically, you want [...]

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