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Rich Dad's Conspiracy of the Rich: The 8 New Rules of Money Audio CD – Unabridged, September 21, 2009
- LanguageEnglish
- PublisherHachette Audio
- Publication dateSeptember 21, 2009
- Dimensions5.25 x 1.5 x 5.75 inches
- ISBN-101600248985
- ISBN-13978-1600248986
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About the Author
Product details
- Publisher : Hachette Audio; Unabridged edition (September 21, 2009)
- Language : English
- ISBN-10 : 1600248985
- ISBN-13 : 978-1600248986
- Item Weight : 9.3 ounces
- Dimensions : 5.25 x 1.5 x 5.75 inches
- Best Sellers Rank: #1,311,585 in Books (See Top 100 in Books)
- #3,558 in Books on CD
- #11,006 in Personal Finance (Books)
- Customer Reviews:
About the author

Robert Kiyosaki, author of Rich Dad Poor Dad - the international runaway bestseller that has held a top spot on the New York Times bestsellers list for over six years - is an investor, entrepreneur and educator whose perspectives on money and investing fly in the face of conventional wisdom. He has, virtually single-handedly, challenged and changed the way tens of millions, around the world, think about money.In communicating his point of view on why 'old' advice - get a good job, save money, get out of debt, invest for the long term, and diversify - is 'bad' (both obsolete and flawed) advice, Robert has earned a reputation for straight talk, irreverence and courage.Rich Dad Poor Dad ranks as the longest-running bestseller on all four of the lists that report to Publisher's Weekly - The New York Times, Business Week, The Wall Street Journal and USA Today - and was named "USA Today's #1 Money Book" two years in a row. It is the third longest-running 'how-to' best seller of all time.Translated into 51 languages and available in 109 countries, the Rich Dad series has sold over 27 million copies worldwide and has dominated best sellers lists across Asia, Australia, South America, Mexico and Europe. In 2005, Robert was inducted into Amazon.com Hall of Fame as one of that bookseller's Top 25 Authors. There are currently 26 books in the Rich Dad series.In 2006 Robert teamed up with Donald Trump to co-author Why We Want You To Be Rich - Two Men - One Message. It debuted at #1 on The New York Times bestsellers list.Robert writes a bi-weekly column - 'Why the Rich Are Getting Richer' - for Yahoo! Finance and a monthly column titled 'Rich Returns' for Entrepreneur magazine.Prior to writing Rich Dad Poor Dad, Robert created the educational board game CASHFLOW 101 to teach individuals the financial and investment strategies that his rich dad spent years teaching him. It was those same strategies that allowed Robert to retire at age 47.Today there are more that 2,100 CASHFLOW Clubs - game groups independent of the Rich Dad Company - in cities throughout the world.Born and raised in Hawaii, Robert Kiyosaki is a fourth-generation Japanese-American. After graduating from college in New York, Robert joined the Marine Corps and served in Vietnam as an officer and helicopter gunship pilot. Following the war, Robert went to work in sales for Xerox Corporation and, in 1977, started a company that brought the first nylon and Velcro 'surfer wallets' to market. He founded an international education company in 1985 that taught business and investing to tens of thousands of students throughout the world. In 1994 Robert sold his business and, through his investments, was able to retire at the age of 47. During his short-lived retirement he wrote Rich Dad Poor Dad.
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Overall, I liked this book very much. I like the style of Robert T. Kiyosaki. He uses lots of proverbs, aphorism and interesting examples.
The basic idea of this book is that investment in your financial IQ is most important investment you can ever made. It is not gambling if you know what you're doing. It is gambling if you're just throwing money into a deal and praying. The idea in anything is to use your technical knowledge, wisdom and love of the game to cut the odds down, to lower the risk. Of course, there is always risk. It is financial intelligence that improves the odds. Thus, what is risky for one person is less risky to someone else. That is the primary reason the author constantly encourages people to invest more in their financial education than in the stock, real estate or other markets. The smarter you are, the better chance you have of beating the odds.
Despite the overall idea of the book is excellent, there are some drawbacks when it comes to macro economics and the economic theory in general. For example, the author constantly reiterates the growth of monetary base but keeps silent about the sharp fall of the multiplier and thus the broadest monetary aggregates. For example, just imagine how did M3 fall in the U.S. and the U.K. (M3 is no longer published or revealed to the public by the US central bank. However it is estimated by the web site Shadow Government Statistics). But I'm not here to do nitpicking. These minor omissions do not spoil the entire picture. Kiyosaki's books and teachings have been criticized by some people for focusing on anecdotes and containing little in the way of concrete advice on how readers should proceed. But that's exactly what I like in his books. They encourage to start thinking. Kiyosaki's material is meant to be more of a motivational tool to get readers thinking about money, rather than a step by step guide to wealth. The books are supposed to be "interesting" to people, which precludes involving a lot of technical material. Those people who do not want to understand this idea simply do not see the forest beyond the trees.
If you have read all previous Rich Dad's book, here you will find for the first time an interesting framework on asset division which is very atypical and very interesting, in my point of view. I highly recommend this book.
***BEST OF ALL robert shows how you can avoid the problem and save yourself and your loved ones.
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DISLIKES
-there's nothing i dislike about this book
LIKES
-simple plain english words used to describe complex banking terms
-gets to the point of what really keeps people broke financially
-financial education
-taught me how to become more discipline with the 8 new rules of money!
-eye opener
-affordable/reasonable price
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I'm a big fan of Robert Kiyosaki and also a student always learning from him and i recommend his other books: rich dad poor dad
Robert will always get a 5 star rating from me!!!
The first half of the book is a real wrist slicer for some of us entrenched in old money rules. Do hold out for the good stuff in the second half. I'm still feeling overwhelmed with all I must do to become more financially literate, but there is hope.




