Episode
Rich Dad Poor Dad
1:13:57
Published: Thu Apr 06 2023
Description
In 1997, Robert Kiyosaki revealed the secret to lifelong success: Deliver grifty seminars and hire child slaves.Support us on Patreon: https://www.patreon.com/IfBooksPodWhere to find us: TwitterPeter's other podcast, 5-4Mike's other podcast, Maintenance PhaseSources:Pound Foolish: Exposing the Dark Side of the Personal Finance Industry‘Rich Dad Poor Dad' Robert Kiyosaki ExposedStupid Investment of the WeekRobert Kiyosaki’s Rich Dad Education on Real Estate Investing ReviewThe Ticket to Easy Street? The Financial Consequences of Winning the LotteryWhy the Myth of the Miserable Lottery Winner Just Won’t DieWork Centrality and Post-Award Work Behavior of Lottery Winners"The best way to get even with A-grade students was to make them employees of mine"Ohio real estate investor’s warning statement on Robert Kiyosaki and Bill Gatten’s complex PACtrust for real estate investingAcademic Discipline and Personal Finance Instruction in High SchoolThanks to Mindseye for our theme song!
Chapters
Author Robert Kiyosaki's self-published book "Rich Dad Poor Dad" has sold millions of copies since its 1997 release, offering unconventional personal finance advice that leans towards conservatism.
00:00 - 02:16 (02:16)
Summary
Author Robert Kiyosaki's self-published book "Rich Dad Poor Dad" has sold millions of copies since its 1997 release, offering unconventional personal finance advice that leans towards conservatism.
EpisodeRich Dad Poor Dad
PodcastIf Books Could Kill
The podcaster shares their thoughts on the early reveal of the true identity of "rich dad" in the book "Rich Dad Poor Dad", and their desire to give a detailed portrait of spending 200 pages with the author.
02:16 - 06:57 (04:40)
Summary
The podcaster shares their thoughts on the early reveal of the true identity of "rich dad" in the book "Rich Dad Poor Dad", and their desire to give a detailed portrait of spending 200 pages with the author. They also mention getting a republished version of the book from a major publisher with updated text.
EpisodeRich Dad Poor Dad
PodcastIf Books Could Kill
The toothpaste tubes have gone through various changes since its origin.
06:57 - 12:31 (05:33)
Summary
The toothpaste tubes have gone through various changes since its origin. From lead to different metals and plastics, and mixing it with other substances for making them.
EpisodeRich Dad Poor Dad
PodcastIf Books Could Kill
A person offers to teach someone about money on a Saturday morning.
12:31 - 14:24 (01:53)
Summary
A person offers to teach someone about money on a Saturday morning. The teacher is busy doing deals when the student arrives.
EpisodeRich Dad Poor Dad
PodcastIf Books Could Kill
The toxic narrative of wealth perpetuated in popular culture is being dissected and criticized for the harmful message it sends, especially to young children.
14:24 - 18:10 (03:45)
Summary
The toxic narrative of wealth perpetuated in popular culture is being dissected and criticized for the harmful message it sends, especially to young children.
EpisodeRich Dad Poor Dad
PodcastIf Books Could Kill
The common belief that most lottery winners go bankrupt is a myth.
18:10 - 24:43 (06:32)
Summary
The common belief that most lottery winners go bankrupt is a myth. This misconception is due to the fact that only the stories of lottery winners that experience financial disaster make the news.
EpisodeRich Dad Poor Dad
PodcastIf Books Could Kill
The podcast discusses how the gold standard conspiracy theorizing in the 50s predicted that tying the dollar to gold would lead to the decline of the American economy.
24:43 - 28:15 (03:31)
Summary
The podcast discusses how the gold standard conspiracy theorizing in the 50s predicted that tying the dollar to gold would lead to the decline of the American economy. The discussion emphasizes how people's belief in the reality of money could ruin their lives as they fail to take charge of their own financial future.
EpisodeRich Dad Poor Dad
PodcastIf Books Could Kill
Author Helene Olin exposes the insidious nature of the financial literacy campaign, which has been mostly funded by banks, credit card companies and other financial institutions with a vested interest in convincing Americans that a lack of financial literacy is responsible for their poverty rates.
28:15 - 36:20 (08:05)
Summary
Author Helene Olin exposes the insidious nature of the financial literacy campaign, which has been mostly funded by banks, credit card companies and other financial institutions with a vested interest in convincing Americans that a lack of financial literacy is responsible for their poverty rates. However, the campaign conveniently ignores the fact that people in the 1970s spent significantly more of their disposable income on personal consumption.
EpisodeRich Dad Poor Dad
PodcastIf Books Could Kill
The speaker discusses the grifty advice given in a book about becoming rich, which includes selling merchandise and Velcro wallets.
36:20 - 40:40 (04:19)
Summary
The speaker discusses the grifty advice given in a book about becoming rich, which includes selling merchandise and Velcro wallets.
EpisodeRich Dad Poor Dad
PodcastIf Books Could Kill
Many $500 seminars claim to teach attendees valuable skills and knowledge, but often fail to deliver upon these promises.
40:40 - 43:43 (03:03)
Summary
Many $500 seminars claim to teach attendees valuable skills and knowledge, but often fail to deliver upon these promises. Many past attendees have lodged complaints with the Better Business Bureau and experienced limited success in seeking legal recourse for their grievances.
EpisodeRich Dad Poor Dad
PodcastIf Books Could Kill
The transcript discusses a section from a popular book advising people not to invest in mutual funds and labeling fund managers as scammers.
43:43 - 51:18 (07:34)
Summary
The transcript discusses a section from a popular book advising people not to invest in mutual funds and labeling fund managers as scammers. The speaker expresses contempt for the people who scalp and sell products for inflated prices.
EpisodeRich Dad Poor Dad
PodcastIf Books Could Kill
The podcast discusses the lack of helpful tax avoidance tips for the average employee and suggests that the available advice is geared towards the already wealthy.
51:18 - 53:42 (02:24)
Summary
The podcast discusses the lack of helpful tax avoidance tips for the average employee and suggests that the available advice is geared towards the already wealthy.
EpisodeRich Dad Poor Dad
PodcastIf Books Could Kill
The speaker shares advice on flipping real estate but includes stories that could be construed as illegal, cautioning listeners to ensure that everything is done legally and above board.
53:42 - 56:46 (03:04)
Summary
The speaker shares advice on flipping real estate but includes stories that could be construed as illegal, cautioning listeners to ensure that everything is done legally and above board.
EpisodeRich Dad Poor Dad
PodcastIf Books Could Kill
The challenges of acquiring money to buy a house and the misconception that real estate investment is a safe way to make money are discussed in this episode.
56:46 - 1:00:55 (04:09)
Summary
The challenges of acquiring money to buy a house and the misconception that real estate investment is a safe way to make money are discussed in this episode. The host also acknowledges the struggles that people face in paying bills and saving up for big purchases like a house.
EpisodeRich Dad Poor Dad
PodcastIf Books Could Kill
In this episode, the speaker talks about some scenarios in which stockbrokers could give bad advice to their clients, including when they think they are smarter than the market or when they recommend moving money based on feelings and not real advice.
1:00:56 - 1:04:39 (03:43)
Summary
In this episode, the speaker talks about some scenarios in which stockbrokers could give bad advice to their clients, including when they think they are smarter than the market or when they recommend moving money based on feelings and not real advice.
EpisodeRich Dad Poor Dad
PodcastIf Books Could Kill
The boomer generation stumbled upon financial success through sheer luck and opportunities that don’t exist today.
1:04:39 - 1:09:35 (04:56)
Summary
The boomer generation stumbled upon financial success through sheer luck and opportunities that don’t exist today. On the other hand, some self-proclaimed gurus, like Rhonda Byrne, manipulate people into believing that their “bullshit” ideologies can bring them wealth.
EpisodeRich Dad Poor Dad
PodcastIf Books Could Kill
This episode tells the story of a man who started with nothing and went on to create the middle-class tourism industry in Hawaii by opening a hotel for middle-class people.
1:09:35 - 1:12:34 (02:58)
Summary
This episode tells the story of a man who started with nothing and went on to create the middle-class tourism industry in Hawaii by opening a hotel for middle-class people.
EpisodeRich Dad Poor Dad
PodcastIf Books Could Kill
The hosts discuss the true identity of the Rich Dad in "Rich Dad Poor Dad" and the controversy surrounding the book's financial advice.
1:12:34 - 1:13:39 (01:04)
Summary
The hosts discuss the true identity of the Rich Dad in "Rich Dad Poor Dad" and the controversy surrounding the book's financial advice.