<a href="https://www.richdad.com/" rel="noopener noreferrer" target="_blank">Robert Kiyosaki</a> is arguably the most influential author in the finance, real estate, and investing space. His book, <a href="https://www.biggerpockets.com/richdadpoordad" rel="noopener noreferrer" target="_blank">Rich Dad Poor Dad</a>, has sold over thirty million copies and has been translated into forty different languages across forty different countries. Since its inception in 2002, Rich Dad Poor Dad has become almost every investor’s favorite book, prompting them to get out of the rat race, pursue <a href="https://www.biggerpockets.com/blog/key-to-financial-independence-has-nothing-to-do-with-real-estate" rel="noopener noreferrer" target="_blank">financial independence</a>, and teach them everything Robert’s “Rich Dad” taught him.Robert has seen numerous housing cycles, including crashes, booms, and busts. His knowledge of micro and macroeconomics is astounding (to say the least) and he has some strong <a href="https://www.biggerpockets.com/blog/housing-market-predictions-2021" rel="noopener noreferrer" target="_blank">predictions for the future of real estate investing</a> and the global economy as a whole. We talk about capitalism, marxism, communism, <a href="https://www.biggerpockets.com/blog/investor-understand-inflation" rel="noopener noreferrer" target="_blank">inflation</a>, debt, assets, liabilities, and everything in between. This episode is not only crucial for anyone who is a fan of Robert’s books, <a href="https://www.richdad.com/products/cashflow-classic" rel="noopener noreferrer" target="_blank">board games</a>, and videos but anyone who truly wants to learn the game of real estate.As a general word of advice: Robert has some very strong opinions that he voices throughout this episode, and even if you disagree with any (or many) of them, it may serve helpful to listen to his full explanations of his takes. Robert has built an incredibly successful life, but started as a child of a financially dependent family, served in the marines during the Vietnam war, and has fought hard to keep capitalism alive and well in the United States, and abroad.Be sure to grab Robert’s new book, <a href="https://store.richdad.com/products/capitalist-manifesto" rel="noopener noreferrer" target="_blank">Capitalist Manifesto</a>, and thank you for joining us for the 500th episode of The BiggerPockets Podcast!In This Episode We Cover:Why Rich Dad Poor Dad remains a timeless classic in the investing worldWhy Robert favors real estate, precious metals, and <a href="https://www.biggerpockets.com/blog/investing-in-cryptocurrencies-with-your-ira" rel="noopener noreferrer" target="_blank">cryptocurrency</a> above other assetsThe <a href="https://www.biggerpockets.com/blog/2016-01-26-liability-asset-own-house-you-live-in" rel="noopener noreferrer" target="_blank">difference between an asset and liability</a>, and why so many Americans confuse themWriting (and fighting) for freedom, prosperity, and wealth&nbsp;Paying attention to the macroeconomic trends and using them to make smarter investing decisionsThe assets that Robert is bullish on in today’s marketWhy you need to love <a href="https://www.biggerpockets.com/blog/start-real-estate-education" rel="noopener noreferrer" target="_blank">studying real estate</a> to become successfulAnd So Much More!Links from the Show<a href="https://www.biggerpockets.com/forums" rel="noopener noreferrer" target="_blank">BiggerPockets Forums</a><a href="https://www.biggerpockets.com/membership-types" rel="noopener noreferrer" target="_blank">BiggerPockets Pro Membership</a><a href="https://www.biggerpockets.com/youtube" rel="noopener noreferrer" target="_blank">BiggerPockets Youtube Channel</a><a href="https://www.biggerpockets.com/bookstore" rel="noopener noreferrer" target="_blank">BiggerPockets Bookstore</a><a href="https://www.instagram.com/beardybrandon" rel="noopener noreferrer" target="_blank">Brandon's Instagram</a><a href="https://www.instagram.com/davidgreene24/" rel="noopener noreferrer" target="_blank">David’s Instagram</a><a href="https://biggerpockets.com/bundle" rel="noopener noreferrer" target="_blank">BiggerPockets Bundle</a><a href="https://store.biggerpockets.com/products/biggerpockets-wealth-magazine" rel="noopener noreferrer" target="_blank">BiggerPockets Wealth Magazine</a><a href="https://www.biggerpockets.com/blog/biggerpockets-podcast-479-brandon-turner" rel="noopener noreferrer" target="_blank">BiggerPockets Podcast 479: 10 Powerful Lessons Brandon Learned Building a $50M+ Rental Portfolio</a><a href="https://www.mcdonalds.com/us/en-us/about-us/our-history.html" rel="noopener noreferrer" target="_blank">Ray Kroc's Story</a><a href="https://www.ramseysolutions.com/" rel="noopener noreferrer" target="_blank">Dave Ramsey's Website</a><a href="https://www.richdad.com/products/cashflow-the-board-game" rel="noopener noreferrer" target="_blank">Cashflow Game</a><a href="https://www.gobundance.com/" rel="noopener noreferrer" target="_blank">GoBundance</a><a href="https://kenmcelroy.com/" rel="noopener noreferrer" target="_blank">Ken McElroy's Website</a><a href="https://www.youtube.com/watch?v=D7hXE1ZVQKg" rel="noopener noreferrer" target="_blank">David's Guesting on Ken McElroy's Show</a><a href="https://www.jordanbpeterson.com/" rel="noopener noreferrer" target="_blank">Jordan Peterson's Website</a>Check the full show notes here: https://biggerpockets.com/show500See Privacy Policy at <a href="https://art19.com/privacy" rel="noopener noreferrer" target="_blank">https://art19.com/privacy</a> and California Privacy Notice at <a href="https://art19.com/privacy#do-not-sell-my-info" rel="noopener noreferrer" target="_blank">https://art19.com/privacy#do-not-sell-my-info</a>.

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500: Robert Kiyosaki: America’s ‘Rich Dad’ Sees a Real Estate Crash Coming

BiggerPockets Real Estate Podcast