I was introduced to Robert Kiyosaki’s material as a child, and it did inspire me in some ways. Like most people he is neither all good or all bad. However, over the years I am less and less impressed with him.
A reddit user recently uploaded a tweet of his from June 2022 where he says quote
Best INVESTMENT: Cans of Tuna Fish. Inflation about to take off. Best Investments are cans of tuna & baked beans. You can’t eat gold, silver, or Bitcoin. You can eat cans of tuna and baked beans. Food most important. Starvation next problem. Invest in the solution. Take care.
Robert Kiyosaki on Twitter Jun 12, 2022
If you have already checked the answer key he was either way wrong or way too early. I’m not opposed to the idea the apocalypse is coming – I’m just opposed to the idea that someone can predict it if it is. As I like to say a broken clock is right twice a day so if an apocalypse does happen it will have been “predicted” since there are always people calling for one.
Just to document how wrong he was take a look at the image below.
I want to be very clear, it is okay to be wrong about the market but your delivery matters.
Saying “I think inflation is likely to go higher because of x, y, and z” is not the same as saying “inflation is about to take off!”
How I Invest 