Grifter dispenses pearls of wisdom… I’m breathless.
PMmeuroneweirdtrick on
Kiyosakis opinions are worthless.
cannythecat on
Best to inverse these grifters.
Hankstbro on
Horseshit.
He has claimed that time and time again. Barry Ritholtz even dedicated a whole chapter in his book “How Not to Invest” to him, plotting his predictions onto a graph of the SP500.
100% failure rate, very impressive, just like Burry after 2008.
OkPhotograph8286 on
I have no thoughts about this.
VividB82 on
ai is not coming for everyone’s job. people need to stop saying that as its untrue. There isnt enough resources, from chips, to metals to just plain energy to do that. I won’t even go in at how uncreative it is or that LLM’s have a ceiling to their capabilties. Just the resource issue alone is a HUGE barrier.
Its all just a huge narrative in order to inflate the bubble more and used as a scapegoat as to why your economy is falling apart with tons of layoffs and no jobs yet GDP is growng because of 7 company’s in a bubble. Its not AI, its your shitty government. Its ok, We will soon get to the point where AI will be unreachable/unaffordable for the average user.
pimple_prince on
Predicted the biggest crash in 2013 only to see the biggest bull market.
WolfKittenTigerPuppy on
I published a story called, “The Great Recession is Coming”, in 1993 and that recession arrived in 2008.
FrankDrebinOnReddit on
It makes no sense. Silver is like a more volatile gold that’s still highly correlated with the stock market because about half of silver mined is for industrial use. Gold is at least sometimes anticorrelated with the stock market in some investment regimes. Silver drops like a rock when the stock market does.
And the less said about crypto, the better.
InevitableSwan7 on
It’s honestly impressive people are this savvy to be able to prey on the dumb this successfully, which is the majority of America.
Crazy_Donkies on
It’s sooooo IN to say the market is going to dump. Get on the bandwagon.
Obviously some parts of the economy are booming, while others, not so much. Hopefully there’s a smooth, soft landing in the booming areas and improvements elsewhere. We will see.
CapitanianExtinction on
Calls. Definitely calls.
Mediocre_Celery_4948 on
Bro said nothing about ai causing the crash 😭
Successful-End7689 on
this clown probably couldn’t even tell you what the 10-year treasury is lmao
Get_rch_or_try_dyin on
lol, he’s been saying that for years.
He thought everything was crashing in April. If you had started buying in April, you would have 2x + your money on almost any stock
mikep120001 on
wtf is he saying? My international holdings are doing better than my domestic ytd
manofjacks on
Blah blah blah is my thoughts
ScubaAlek on
So… the prophecy given almost 13 years ago was that eventually at some undisclosed point in the future, the market will go down?
What a daring prediction.
Rib-I on
Crypto tanks every time the market does. It’s not a gold alternative.
nick_riviera24 on
So…instead of listening to RK in 2013 (when he recommended silver) I bought NVDA. I’m up 26 times.
Predicting future market downturns is like saying “tomorrow you will wake up and do a bunch of stuff and then go back to bed).
RK is…..
thomasthetanker on
“Time to buy Bitcoin”. Checks chart.
You’re scared of a stock market downturn so you want me to buy something which has dropped 31% in the last 6 weeks???
BodomDeth on
His first book was good. And for the few of those who actually read it, he just explains how to make a lot of money. He clearly states that writing a book and promoting it is a good way to make money.
Everything he says now ? It’s just to bring more people to buy his books. And make more money. One thing though, like a year ago he said buy gold and silver. I didn’t and my friend did. My friend is very happy.
If you listened to this scammer in 2013 and bought gold you would have lost out massively.
Gold is up 140% since 2013
S&P500 is up 440% since 2013
You just lost out on 300% gains
RadicalWatts on
This guy has been selling fear for as long as I can remember. Makes sense when you know humans feel losses twice as strongly as gains. I don’t respect it but I understand why his message appeals to people.
jonisradical17 on
lol
Kiyosaki is sounding alarms again and people are acting like it is the start of a full market breakdown. Silver is sitting around $50, so that part of what he said lines up, but the rest feels like the usual cycle of dramatic predictions.
If we were really heading into a major crash you would see volatility spiking, credit spreads widening fast, and heavy panic volume. None of that is showing up right now. The market looks shaky, but not like it is falling apart.
He has been calling for huge crashes for years. Sometimes he lands a point, sometimes he doesn’t, but it is always wrapped in the same big warning message. Better to watch the actual data than react to one headline.
26 Comments
Grifter dispenses pearls of wisdom… I’m breathless.
Kiyosakis opinions are worthless.
Best to inverse these grifters.
Horseshit.
He has claimed that time and time again. Barry Ritholtz even dedicated a whole chapter in his book “How Not to Invest” to him, plotting his predictions onto a graph of the SP500.
100% failure rate, very impressive, just like Burry after 2008.
I have no thoughts about this.
ai is not coming for everyone’s job. people need to stop saying that as its untrue. There isnt enough resources, from chips, to metals to just plain energy to do that. I won’t even go in at how uncreative it is or that LLM’s have a ceiling to their capabilties. Just the resource issue alone is a HUGE barrier.
Its all just a huge narrative in order to inflate the bubble more and used as a scapegoat as to why your economy is falling apart with tons of layoffs and no jobs yet GDP is growng because of 7 company’s in a bubble. Its not AI, its your shitty government. Its ok, We will soon get to the point where AI will be unreachable/unaffordable for the average user.
Predicted the biggest crash in 2013 only to see the biggest bull market.
I published a story called, “The Great Recession is Coming”, in 1993 and that recession arrived in 2008.
It makes no sense. Silver is like a more volatile gold that’s still highly correlated with the stock market because about half of silver mined is for industrial use. Gold is at least sometimes anticorrelated with the stock market in some investment regimes. Silver drops like a rock when the stock market does.
And the less said about crypto, the better.
It’s honestly impressive people are this savvy to be able to prey on the dumb this successfully, which is the majority of America.
It’s sooooo IN to say the market is going to dump. Get on the bandwagon.
Obviously some parts of the economy are booming, while others, not so much. Hopefully there’s a smooth, soft landing in the booming areas and improvements elsewhere. We will see.
Calls. Definitely calls.
Bro said nothing about ai causing the crash 😭
this clown probably couldn’t even tell you what the 10-year treasury is lmao
lol, he’s been saying that for years.
He thought everything was crashing in April. If you had started buying in April, you would have 2x + your money on almost any stock
wtf is he saying? My international holdings are doing better than my domestic ytd
Blah blah blah is my thoughts
So… the prophecy given almost 13 years ago was that eventually at some undisclosed point in the future, the market will go down?
What a daring prediction.
Crypto tanks every time the market does. It’s not a gold alternative.
So…instead of listening to RK in 2013 (when he recommended silver) I bought NVDA. I’m up 26 times.
Predicting future market downturns is like saying “tomorrow you will wake up and do a bunch of stuff and then go back to bed).
RK is…..
“Time to buy Bitcoin”. Checks chart.
You’re scared of a stock market downturn so you want me to buy something which has dropped 31% in the last 6 weeks???
His first book was good. And for the few of those who actually read it, he just explains how to make a lot of money. He clearly states that writing a book and promoting it is a good way to make money.
Everything he says now ? It’s just to bring more people to buy his books. And make more money. One thing though, like a year ago he said buy gold and silver. I didn’t and my friend did. My friend is very happy.
Tldr: he’s actually smart; broken clock yada yada; buy low sell high
If you listened to this scammer in 2013 and bought gold you would have lost out massively.
Gold is up 140% since 2013
S&P500 is up 440% since 2013
You just lost out on 300% gains
This guy has been selling fear for as long as I can remember. Makes sense when you know humans feel losses twice as strongly as gains. I don’t respect it but I understand why his message appeals to people.
lol
Kiyosaki is sounding alarms again and people are acting like it is the start of a full market breakdown. Silver is sitting around $50, so that part of what he said lines up, but the rest feels like the usual cycle of dramatic predictions.
If we were really heading into a major crash you would see volatility spiking, credit spreads widening fast, and heavy panic volume. None of that is showing up right now. The market looks shaky, but not like it is falling apart.
He has been calling for huge crashes for years. Sometimes he lands a point, sometimes he doesn’t, but it is always wrapped in the same big warning message. Better to watch the actual data than react to one headline.
Didn’t this guy just sell his entire BTC?