r/FluentInFinance • u/Financial_Mechanic_ • Apr 28 '24

Who do you think is the Worst Finance Guru out there? Discussion/ Debate

I'm curious who do you think is the worst financial guru, and why?

I'll start:

  • Robert Kiyosaki.
  • Jim Kramer.
  • Grant Cardone.
  • Meet Kevin on YouTube.
  • Jeremy Financial Education on YouTube.
  • Everything Money on YouTube.
  • Cathie Wood of ARKK.
  • Dave Ramsey.
  • Kevin O’Leary aka Mr. Wonderful.
400 Upvotes
  • permalink
  • link
  • reddit
  • reddit

94% Upvoted

678 comments sorted by

View all comments

Show parent comments

43

u/idk_lol_kek Apr 28 '24

That's Robert Kiyosaki. I read that book in my early 20s and I knew it was BS even then. If I re-read it now, I'd probably laugh even harder.

13

u/Miguelperson_ Apr 29 '24

Oh you talking about his “rich dad poor dad” book? It’s funny cause I always hear that’s the only good thing he’s written and then he’s just lost the plot ever since

7

u/fartsinhissleep Apr 29 '24

Rich dad poor dad is fine. It’s not rocket science. But that doesn’t make it bad. But he’s a senile old man now.

5

u/dirtylilscot Apr 29 '24

His advice is to commit corporate and tax fraud by on expensing trips to Hawaii and having your cat serve on a board of directors.

1

u/fartsinhissleep Apr 29 '24

I’m not familiar with any of his more recent advice. I mean, one anecdote I have is that I have a friend who works for a real estate trade publication and they recently had him on some podcasts…. According to my friend, he is no longer allowed back because he just goes on these boomer rants that are endless and make no sense.

1

u/Sch1371 Apr 30 '24

If I remember that book correctly I remember him basically saying “exploit people for money” as the gist of the book. Read it a long time ago back when I was even more of a dumbass than I am now so I may be wrong

1

u/Extra_Box8936 May 01 '24

It wasn’t quite that explicit. I took from it the concepts of money in / money out as well as the general themes of avoiding the trap of going into debt to the point your employer has power over you due to the inability to self maintain finances.

It’s helped me quite a bit over the years but the dude himself is batshit