Rich Dad, Poor Fool

by Michael Covel
Daily Reckoning

Most of you are familiar with the book “Rich Dad, Poor Dad.”

Mainly because it’s littered throughout bookstores and airports all over the world.

The book and its author, Robert Kiyosaki, became immensely popular in the late 1990s after he appeared on Oprah, kissed her ring, and received her blessing.

“Rich Dad, Poor Dad” tells the story of two dads: the author’s fiscally unstable father and the multimillionaire father of his friend.

The gist of Kiyosaki’s narrative is that rich people like his friend’s dad pass on valuable financial wisdom to their kids… and non-rich people don’t.

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