[ExI] rich dad poor dad

Stathis Papaioannou stathisp at gmail.com
Fri May 15 07:23:50 UTC 2009

2009/5/13 spike <spike66 at att.net>:
> There is a local seminar from the author of Rich Dad Poor Dad that is being
> advertised on the radio.  The lead-in advice to attract listeners seems like
> terrible advice.  Perhaps some here have heard the ads.  They say right up
> front that working and saving will never get you rich (therefore don't
> bother trying.)  There are other notions in there that will likely prove
> ruinous to those who follow the advice, but consider the masses who hear the
> ads and do not attend the seminar.  I can imagine the actual ads leading to
> financial ruin for millions.

It's true that working and saving will never get you rich. The trick
is to come up with a scheme that legally transfers other peoples'
savings to you at a rate greatly in excess of the value of the work
you put into it. Then, to make yourself feel better, you say that *by
definition* the work you put into the scheme must be equal to the
money you have managed to extract, since the value of work is whatever
the market will bear.

Stathis Papaioannou

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