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Kiyosaki….So Simplistic, How Does It Sell?
I’ve read a number of articles by the “Rich Dad, Poor Dad” author, Robert Kiyosaki, and am often amazed at the lack of insight I gain after reading the article….kind of like the lack of nutrition I feel after eating a bowl of Frosted Flakes.
In today’s Yahoo article by Kiyosaki Reading, Writing, and Resisting Debt, I gleaned that some debt is good debt with a hint toward that debt being real estate debt. Wow, that is deep.
I was beginning to wonder…was it just me? How is this guy so popular? Is everyone drinking the koolaid? I looked around the net at blogs, looked at some of the Amazon book reviews, etc. and found that I have a lot of company. Zac Bissonnette who, unlike me, took the time to read Rich Dad, Poor Dad, calls it “easily the worst of the 200-plus investing/personal finance books I’ve read”….Terrible books top this year’s personal finance best-sellers This real estate guru, John T. Reed, does an effective job barbecuing Kiyosaki. I encourage devotees to read John’s site and form their own opinions.
Hi,
Thanks for reading our blog! I don’t have any information on why John T. Reed’s site is down. I really admire what he does and think it’s important, but having a website with some of the stuff he has on it seems (to me) to be begging for a lawsuit.
And yes, Kiyosaki’s columns on Yahoo! are some of the biggest garbage you will ever read.
Zac
January 23, 2007 @ 6:44 pm
Looks like John’s site was only down for the day. I looked around the web and see that he has been embroiled in another brouhaha with someone named Russ Whitney. Apparently John is not afraid of calling people out on the website. I admire his guts.
January 24, 2007 @ 4:07 pm