I keep finding myself listening to Robert Kiyosaki. Part of me loves him, part of me hates him. His mantra “the rich buy assets, the middle class by liabilities they think are assets and the poor buy liabilities” keeps getting stuck in my head every time I think about buying stock.

Here he is in a particularly painful interview with a Romanian vlogger George Caliveria. Here Kiyosaki’s ego is on full display. Both he and the interviewer show a high degree of patience, despite their obvious mutual discomfort with the conversation. So, if you want a lesson in how finance gurus should not behave, give it a watch.



Incidentally, if you’re interested in more about Kiyosaki and his career, here are some fun articles.

The Checkered Legal History of Robert Kiyosaki
Man Listens To Kiyosaki, Looses Money
Kiyosaki Still Talking Nonsense
Kiyosaki On Money and Power
Is Robert Kiyosaki a Fraud?

And as a bonus, check out my friend Kelan’s article on whether Kiyosaki is a fraud.  Kelan concludes there isn’t enough information, but you can reach your own decision.

This entry was posted in Money Mistakes, Personal Finance and tagged by James Hendrickson. Bookmark the permalink.

Avatar photo About James Hendrickson

James Hendrickson is an internet entrepreneur, blogging junky, hunter and personal finance geek. When he’s not lurking in coffee shops in Portland, Oregon, you’ll find him in the Pacific Northwest’s great outdoors. James has a masters degree in Sociology from the University of Maryland at College Park and a Bachelors degree on Sociology from Earlham College. He loves individual stocks, bonds and precious metals.

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