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#11
07-11-2006, 04:50 PM
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Re: Robert Kiyosaki
I read a book by him called somehthing like What the Rich Invest in that the Poor and Middle Class do not. 300+ pages telling me that if you make 200k a year, you can invest in things that people who don't make 200k a year can not invest in. Then he proceeded to not tell me one thing about what these investments are or how to find them. Pretty f'in ridiculous.
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#12
07-11-2006, 04:51 PM
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Re: Robert Kiyosaki
[ QUOTE ]
[ QUOTE ] It's not targeted at a higher audience because he's trying to target customers for his books. [/ QUOTE ] Has he written any books besides Rich Dad Poor Dad? Are they any better? [/ QUOTE ] He actually has quite a collection of books in the RD series, you can find them on his website... I still think we should do a reading/review of RDPD after Cat is done going thru TII; I think the discussion generated could be interesting.
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#13
07-11-2006, 05:02 PM
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Re: Robert Kiyosaki
[ QUOTE ]
[ QUOTE ] [ QUOTE ] It's not targeted at a higher audience because he's trying to target customers for his books. [/ QUOTE ] Has he written any books besides Rich Dad Poor Dad? Are they any better? [/ QUOTE ] He actually has quite a collection of books in the RD series, you can find them on his website... I still think we should do a reading/review of RDPD after Cat is done going thru TII; I think the discussion generated could be interesting. [/ QUOTE ] I disagree. I think that's the equivalent of a No Limit strategy forum doing a review of the introduction they give to holdem at the beginning of WPT shows.
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#14
07-11-2006, 06:34 PM
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Re: Robert Kiyosaki
[ QUOTE ]
I read a book by him called somehthing like What the Rich Invest in that the Poor and Middle Class do not. 300+ pages telling me that if you make 200k a year, you can invest in things that people who don't make 200k a year can not invest in. Then he proceeded to not tell me one thing about what these investments are or how to find them. Pretty f'in ridiculous. [/ QUOTE ] Thank you, your mom, jesus someone agrees with me on this book. Unfortunately this was the second finance/ investing text that I ever read, and it caused me to nearly stop reading them. I was waiting for some big payoff in the end of this and zippoooooooo. I can't stand Kiyosaki, and his inane deification of himself. All he wants to do is sell you his crummy board games. IMO Avoid this series. Pure drivel.
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#15
07-11-2006, 06:51 PM
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Post deleted by Mat Sklansky
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#16
07-11-2006, 07:11 PM
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Re: Robert Kiyosaki
Some good stuff on this website including a lengthy review of Kiyosaki/RDPD; he does a good job bashing a bunch of real-estate gurus:
http://www.johntreed.com/Kiyosaki.html http://www.johntreed.com/Reedgururating.html No opinion either way from me, haven't read the book (RDPD).
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#17
07-11-2006, 07:27 PM
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Re: Robert Kiyosaki
[ QUOTE ]
[ QUOTE ] I disagree. I think that's the equivalent of a No Limit strategy forum doing a review of the introduction they give to holdem at the beginning of WPT shows. [/ QUOTE ] Not everybody is as smart as you are Evan. Look at the front page of this board...it has been dominated by 'I'm 19 and have half a million dollars and have no idea what to do with it!!' posts. This book is absolutely PERFECT for these types of people. [/ QUOTE ] I think they could skip RDPD and go straight into learning basic things like compound interest, different types of investment vehicles and the corresponding tax implications for them. The typical thread here is usually someone 18 to 23 with x amount of money that they want to invest for y amount of time. I wouldn't read Kiyosaki for that type of advice. I believe that most of the people on this forum are already motivated enough with getting a handle on the financial aspect of their lives and are generally more interested in learning things that they could act on. Of course I might be jaded and just not enjoy motivational books as much as the next guy.
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#18
07-11-2006, 07:41 PM
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Re: Robert Kiyosaki
[ QUOTE ]
[ QUOTE ] I disagree. I think that's the equivalent of a No Limit strategy forum doing a review of the introduction they give to holdem at the beginning of WPT shows. [/ QUOTE ] Not everybody is as smart as you are Evan. Look at the front page of this board...it has been dominated by 'I'm 19 and have half a million dollars and have no idea what to do with it!!' posts. This book is absolutely PERFECT for these types of people. [/ QUOTE ] This forum is filled with pretty bright guys, I think they can handle jumping in a little deeper than these books even if they know al ot less about finance than some other people. Also, catering to the lowest common denominator is just going to frustrate both the advanced members of this forum and the new guys. In the end they'll all wish they'd done something more challenging.
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#19
07-11-2006, 08:34 PM
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Re: Robert Kiyosaki
Evan,
I disagree... just look at the poor participation level in the TII reading... even after it seemed that the overwhelming consensus was to start with that book... With RDPD, it is a quick easy read, there are useful nuggets in there, and quite a bit to argue/discuss as well.
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#20
07-11-2006, 10:18 PM
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Re: Robert Kiyosaki
would the monkey on the typewriter who reproduces the masterpiece understand any of the ideas in his copy?
If a million forum posts were typed by humans, would any of them be any more worthwhile than one monkey's forum post, if only one million monkeys were reading the forum posts? If you ate monkey (http://www.angryman.ca/monkey.html)food for long enough, would you be able to save enough to invest and become a rich dad?
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