www.johntreed.com/Kiyosaki.html
I chanced upon this a couple of days ago and thought it might be of interest to some people.
By posting it here I realise that I lay myself open to accusations of stirring but I am willing to accept that.
It is a long article which I have only skim-read, but I have picked up enough to know what the thrust of the author’s argument is.
Below is a very short summary of what I believe the article is about.
The writer is saying that Robert Kiyosaki and the Rich Dad books are good examples of a personality cult around him, Robert Kiyosaki. He says that most of the books are fiction with little truth to them, unlike the strong impression to the contrary given by RK. The real life ‘rich dad’ does not exist. The finance principles are very standard accounting practices, just glossed up to impress. RK himself is a flake in most senses other than being able to get thousands of people to follow him and his every word, and to spend money on his products. And much more in the same vein.
I tried to read his three consecutive books starting with “Rich Dad, Poor Dad’. That book was quite enjoyable, the second one less so, and I could only get half way through the third one before giving up. The reason for this is that it, the third one, was so badly written. In fact, although the first couple of books were also badly written, their story lines and subject matter were interesting enough to make up for that.
I have heard all this before but it struck a chord with me this time because of similar comments recently made on this site.
As you may know, I have a healthy scepticism of all this sort of thing and I am quite pleased with myself for not having fallen for any (or rather very little) of the hype and mass adoration shown to many people over the last few years. (I see quite a lot of this going on here on this site in relation to certain people and organisations.) The outcome is as clear as day to me – namely that these ‘gods’ people have made for themselves will disappear as the property boom which feeds the cult mentality falters and declines. And then we will hear the those same people who followed those 'gods' being the first to jump up to knock them and say what con-artists they were.
Anyway, just some thoughts. Read the article yourself if you are interested.
xris
I chanced upon this a couple of days ago and thought it might be of interest to some people.
By posting it here I realise that I lay myself open to accusations of stirring but I am willing to accept that.
It is a long article which I have only skim-read, but I have picked up enough to know what the thrust of the author’s argument is.
Below is a very short summary of what I believe the article is about.
The writer is saying that Robert Kiyosaki and the Rich Dad books are good examples of a personality cult around him, Robert Kiyosaki. He says that most of the books are fiction with little truth to them, unlike the strong impression to the contrary given by RK. The real life ‘rich dad’ does not exist. The finance principles are very standard accounting practices, just glossed up to impress. RK himself is a flake in most senses other than being able to get thousands of people to follow him and his every word, and to spend money on his products. And much more in the same vein.
I tried to read his three consecutive books starting with “Rich Dad, Poor Dad’. That book was quite enjoyable, the second one less so, and I could only get half way through the third one before giving up. The reason for this is that it, the third one, was so badly written. In fact, although the first couple of books were also badly written, their story lines and subject matter were interesting enough to make up for that.
I have heard all this before but it struck a chord with me this time because of similar comments recently made on this site.
As you may know, I have a healthy scepticism of all this sort of thing and I am quite pleased with myself for not having fallen for any (or rather very little) of the hype and mass adoration shown to many people over the last few years. (I see quite a lot of this going on here on this site in relation to certain people and organisations.) The outcome is as clear as day to me – namely that these ‘gods’ people have made for themselves will disappear as the property boom which feeds the cult mentality falters and declines. And then we will hear the those same people who followed those 'gods' being the first to jump up to knock them and say what con-artists they were.
Anyway, just some thoughts. Read the article yourself if you are interested.
xris
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