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Slightly off topic, but an article tipped up on the FT over the weekend about hedge funds and their returns: Sounds like a distinct case of the principal-agent problem...

Jaycee, here's a handy summary of Rich Dad, Poor Dad. It supports my opinion that most of the content can be easily condensed. Lizzie, here's a PDF of the Richest Man in Babylon.

That's why I prefer index trackers, whose fees are around 0.5% per annum. :) There's a blog post by Terry Smith on just how much fees, particularly from hedge funds, can eat up. I probably misread Kiyosaki's tendency to invest in risky propositions as being an advocacy of this strategy...

I don't think that it matters if the Rich Dad was a real person, composite of several people, entirely fictional, or originated in a hallucination whilst Kiyosaki overdosed on crack during his bankrupt years. (The last one might not have happened. :D) The stories are a framing device for...

I've only read the first half of Rich Dad, Poor Dad, and should really get round to finishing it off. I'm probably mixing-up self-employment with being incorporated as a limited company, corporation or similar legal structure. Doing so in the UK allows earnings to be paid as dividends...

My opinion of Rich Dad, Poor Dad is that it's not that well written, and the meat of the book is obfuscated by a huge amount of overly-sentimental padding. I could probably boil it down to around 10,000 words and not lose any content. The basic advice is live below your means, save and...

Plus I point blank refuse to do business with any organisation that shows a pop-up as I attempt to close the browser window, asking me to reconsider walking away from such an opportunity. Rich Dad Consulting does that...

I've taken a bit of a look at the Rich Dad books, and found a few interesting ideas wrapped up in a morass of overly-sentimental morality tales. :) Out of curiosity, I Googled Rich Dad Coaching, and found the following: It's expensive. It's run by a third party firm, not Kiyosaki. It's...