Rich Dad Poor Dad - Criticism and Reviews

Criticism and Reviews

John T. Reed, an outspoken critic of Robert Kiyosaki, says, "Rich Dad, Poor Dad contains much wrong advice, much bad advice, some dangerous advice, and virtually no good advice." He also states, "Rich Dad, Poor Dad is one of the dumbest financial advice books I have ever read. It contains many factual errors and numerous extremely unlikely accounts of events that supposedly occurred." Kiyosaki has provided a rebuttal to some of Reed's statements, but failed to address any of the in-depth technical points raised by Reed. Slate reviewer Rob Walker called the book full of nonsense, and said that Kiyosaki's claims were often vague, the narrative "fablelike", and that much of the book was "self-help boilerplate", noting the predictable common features of such books were present in Rich Dad, Poor Dad. He also criticizes Kiyosaki's conclusions about Americans, American culture, and Kiyosaki's methods. Despite the many negative reviews, the book was favored among some critics but perhaps its biggest fan was Oprah Winfrey, who endorsed the book on her show. Another celebrity sponsor is Will Smith, who said he is teaching his son about financial responsibility by reading this book.