Robert Kiyosaki - Rich Dad Poor Dad - Fiction or Non-Fiction?
Die Eigenheit levels all his guns at Robert Kiyosaki’s “Cash Flow Quadrant” and similar authors, hitting them broadside with some very apropos criticisms.
He claims that only the author profits from these finance books they sell. And the advice of each book depends on you buying another book, workbook, tape series, or seminar.
The author gives his own ‘free’ advice on how to get rich:
Einzige’s Get-Rich-Quick Secret
- Do something that others value
Einzige’s Corollary
- Do your thing better and/or cheaper than the next guy
The site has a link to John T Reed’s page about real estate investment and a very long post calling Robert Kiyosaki to task:
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.
I was also impressed by the post on Die Eigenheit. The place where I disagree with the critics is that they keep insisting that Kiyosaki’s books are finance books. They are not - they are philosophy books, and have some real strengths in that area. You might be interested in an e-Book I wrote that analyzes the first three in depth. See http://www.thinkingaboutmoney.com/?page_id=5.
Comment by kibitzer — June 21, 2006 @ 1:06 am
They probably classify them as finance books because the author passes them off as instructions on how you can become wealthy. I will bet that the Dewey Decimal and Library of Congress material printed by the publisher on the copyright page also puts them in the personal finance section and not the philosophy section of the library.
I like the idea of putting them in the fiction section!
Comment by GaryP — June 22, 2006 @ 10:57 am