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Updated over 4 years ago,

User Stats

60
Posts
5
Votes
Mike Jordan
  • Los Angeles, CA
5
Votes |
60
Posts

The disadvantageous of Rich Dad poor Dad book

Mike Jordan
  • Los Angeles, CA
Posted

First of all, I like this book, it is one of the fundamental books for every investor. However, it has some disadvantages.

1) it does not encourage investors to invest in intangible assets, such as education, training, R&D. etc Many of the developed countries and high ranking companies (AMAZON and APPLE)  invest heavily in R&D. Please read the Capitalisation without Capital book, it is elaborating these points

2) Most countries in the world, do not have enough technical staff(IT staff, programmers and engineers), and welcome these engineers to their country. They do not do this because they are kind government/people, they do this because it will improver their economy/GDP. Technology/education indeed improves any assets/country in the world. 

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