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This extract from Robert Kiyosaki's Rich Dad's Guide to Investing discusses the author's journey to becoming a successful investor. He contrasts the investment philosophies of his "poor dad" (his real father) and his "rich dad" (the father of a friend) and outlines a number of key lessons for investors. He describes the importance of financial literacy and understanding financial statements as crucial to success, along with creating assets that buy other assets, and building a strong business team. Finally, the text explains how to become a sophisticated investor and ultimately an inside investor through the process of taking a company public.
By Burhanuddin MufaddalThis extract from Robert Kiyosaki's Rich Dad's Guide to Investing discusses the author's journey to becoming a successful investor. He contrasts the investment philosophies of his "poor dad" (his real father) and his "rich dad" (the father of a friend) and outlines a number of key lessons for investors. He describes the importance of financial literacy and understanding financial statements as crucial to success, along with creating assets that buy other assets, and building a strong business team. Finally, the text explains how to become a sophisticated investor and ultimately an inside investor through the process of taking a company public.