Tuesday, November 2, 2010

Rich Dad, Poor Dad. An analysis by John T. Reed

This is not so new thing.  I haven't read Rich Dad, Poor Dad either.  I stumbled into this from Malaysia-Finance Blogspot.

Summary

Rich Dad, Poor Dad is one of the dumbest financial advice books I have ever read. It contains many factual errors and numerous extremely unlikely accounts of events that supposedly occurred.

Kiyosaki is a salesman and a motivational speaker. He has no financial expertise and won’t disclose his supposed real estate or other investment success.

Rich Dad, Poor Dad contains much wrong advice, much bad advice, some dangerous advice, and virtually no good advice.


The whole analysis.

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