Investors need to know how to distinguish or get the facts

Robert Kiyosaki : There are a lot of financial reporters gunning for me. A lot of the reporters at the Los Angeles Times can’t say anything against their advertisers, which is common knowledge so most publications today have a great deal of censorship, especially in print. Everybody is entitled to free speech, but that doesn't mean you have to tell the truth and that goes all the way down to when you read a Pro Forma Statement on a company, or a piece of real estate; most of them are lies and you as an individual investor really need to know how to distinguish or get the facts. Most people don’t; they just read something on a report about IBM and they just take it as gospel.”


Rich Dad Poor Dad is the story of Robert Kiyosaki's financial education. He had two 'dads' - one his real dad, who was poor, and the other, his best friend's dad, who was on his way to becoming a very rich man.