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FAKE

Fake Money, Fake Teachers, Fake Assets: How Lies Are Making the Poor and Middle Class Poorer
Written by: Robert T. Kiyosaki
Narrated by: William LeRoy
Length: 12 hrs and 43 mins
4.5 out of 5 stars (131 ratings)

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Publisher's Summary

Robert Kiyosaki - author of the #1 personal finance book of all time - has built a legacy around simplifying complex and often-confusing subjects like money and investing. He continues to challenge conventional wisdom and asks the questions that will help listeners sift through today's information overload to uncover ways to assess what's real... and what isn't. And use truth and facts as a foundation for taking control of their financial lives. 

In this new book, Robert fights what’s "fake" and helps listeners differentiate between what’s real...and what isn’t. 

Robert pulls no punches in his assessment of what is passed off as "fact" or conventional wisdom and believes that a strong foundation - for anything we want to build - needs to start with solid, true information. In today’s uncertain times, creating a secure financial future and the peace of mind that comes with it starts with taking action and taking control. 

In FAKE: Fake Money, Fake Teachers, Fake Assets, Robert delivers insights and answers that help ordinary people - who probably haven’t had a lot of financial education - determine what’s "real" and relevant to their financial lives.

Every day we are bombarded with news reports and information and opinions... How do we decipher fact from fiction? How do we differentiate between truth and lies? And determine what’s real... from what isn’t? Kiyosaki believes that it starts with education, financial education designed to make us smarter with our money - and able to fight what’s fake and use what isn’t to secure our financial future. 

PLEASE NOTE: When you purchase this title, the accompanying PDF will be available in your Audible Library along with the audio.

©2019 by Robert T. Kiyosaki. (P)2019 Brilliance Publishing, Inc., all rights reserved.
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  • Overall
    4 out of 5 stars
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    4 out of 5 stars

Great book - a bit repetitive - a bit conspiracy theory like

I really enjoyed Rich dad poor dad so I thought I would give this book a try. Overall I really liked the themes discussed in the presentation. But this book really needed to be edited better as there was a lot of needless repetition in the book could’ve been I think 50% shorter than it was. The author has to understand that his way is not the only way and that real estate cannot be acquired as cheaply and readily as it was in the 1970s and 80s. Today one can become very wealthy also from investing in constant dividend payers and razors and you can get rich with increasing dividends income. I just wish the author was more open to alternate methods of getting wealthy

1 person found this helpful

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Liked it

I learned a lot about currency, governments, and how the economic system works. Scary stuff! The book wasn’t well edited though as certain sections are copy and pasted later in the book which confused me. Didn’t I read this part already? His Q&A sections leave a lot to be desired. Big fan of Rich Dad. Glad he’s helping out the not so rich people of the world!

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Great Book!

Before getting the book, I read alot of the comments. The main criticism it got was.. 'it was too Repetitive'. After listening to the book, I understand why Robert had to be repetitive. He's explaining complex financial terms and ideas, to audience with limited or no experience. In other words the Repetition was good for me. It helped me understand everything he was saying. Again, great book!

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Best book yet!

This book helped me know my next steps of action.

I had a great Dad who gave me a work ethic but gave me no education in acquiring wealth that I can leave for the next generations.

I had a great Spiritual heritage for the next generation but I also want a financial heritage that I leave behinds as well.

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This could have been 1/3 the length

very repetitive and unfocused In its message. presents many problems with only a few real solutions (invest in gold/silver mainly). the question answer segments feel a little disingenuous and out of place, as does the spirituality stuff.

the relevant information is very important, and that's why I gave it a mid tier rating, but its spread through plenty of unnecessary fluff.

I loved rich dad poor dad but this book owes me some hours back. get the sparknotes if you can, the key info is still worth a read.

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A must read l!

Just found out I like books, my first book I read after school, now In the 30.

Well great informative simple for a simple guy like me.

A must Read!

Thanks Robert!

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Alright

Not a bad book overall. Some interesting points of views and the way it is explained makes it interesting. The biggest issue I had with this book was how many times it repeats itself. There were numerous times when I felt that I had somehow gone back to what I had just listened to but that was not the case, it was just that some of the parts were repeating or atleast extremely similar.

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if your not plugged in to this book your lost ..

if you are not plugged in to this book your lost ..

some things this book says are things we know already, however ill never owna house with my nam on it only my company name and in this book tell you why and how.

work with the government to grow economies and you'll get wealthy ..

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words of wisdom

Was really repetitive but I guess that's how you learn . lots of important knowledge here

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Not Fake !

Robert delivers a great read full of insight and wisdom . this should be mandatory reading for all school children and adults alike .

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  • Amazon Customer
  • 2019-05-31

Light on the Peanut Butter Heavy on the Crust!

Overall it constantly reminded me that it's purpose might have been to sell us on gold. A kitchen junk drawer of a read; IF your junk drawer was filled with old religious booklets, gold coin advertisement brochures and pamphlets from those multilevel marketing seminars you used to go to that were so heavy on the self-help quotes and jargon while never really being clear on what you'd be selling.
Listening to the book got most annoying when the narrator had to read aloud questions and answers to Robert. He'd have to say "Question:......." then "Answer:....." over and over like someone reading a script for their first part in a film forgetting that they don't have to keep saying their character's name before their lines.
That's not to say that I didn't find any useful information in this book, but most of the time it left the listener hanging as Robert moved away from personal finance and onto tangents about his spirituality. There were many mentions of Cryptocurrency, or "The People's Money" but he'd drop the subject just as randomly as he'd bring it up leaving you with a sense that he could have left any mention of it out of the book altogether without anyone missing it. Didn't leave the impression that Cryptocurrency was something he knew much about anyway. I will continue to check out other Rich Dad resources, but this book was far from my favorite.
I'll sum this book up for you all........."Gold.....blah blah.....Gold....Gold...blah blah....God....Gold.....God....Gold...Gold.... The End"

67 people found this helpful

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  • Anonymous User
  • 2019-08-01

fake is a flop!!!!

This book sucks!!! a few times I thought my phone was replaying a past chapter, nope just has the same stuff over and over. don't wast your time or money!

11 people found this helpful

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  • Scott
  • 2019-06-02

Disappointing - no new material

I’ve enjoyed many of Robert Kiyosaki’s previous books, but there is nothing new in this book, just rehashing material he’s already written. And he repeats it over and over again. It’s quite annoying.

I certainly recommend “Rich Dad Poor Dad”, “Cashflow Quadrant”, “Unfair Advantage”, and “Conspiracy of the Rich”, and definitely check out his lineup of “Rich Dad Advisors” books. If you’ve read those, there’s nothing more for you to learn in this book.

35 people found this helpful

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  • TeamDavidAndSarah
  • 2019-05-31

A far cry from Rich Dad Poor Dad

Oof - it is painful listening to this book after enjoying his original book Rich Dad Poor Dad. He went from the clear, logical advice that he gave there to this book where he answers the question of how much gold you should have in your portfolio with, "Well a guru once told me that however much gold you own is how much money you'll make in a month because gold attracts wealth and that's worked for me."

Makes me wonder if the reason he wrote it was simply to make the "infinite return" on investment he claims in here that writing a book will generate.

37 people found this helpful

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  • Alexandra Dyshlyuk
  • 2019-06-04

Strange book with dramatic reading

I've listened to half of the book and it's hard to get past the performer who is confusing outloud reading of non fiction book with Hamlet performance.

The content is a bit strange, mainly on conspiracy theories and survivalism.

8 people found this helpful

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  • Daniel Mccarty
  • 2019-05-30

Unbelievably disappointing.

After enjoying his last books, I was stoked to try this one. Half the book is a cliff-notes version of the work of Stephen Brill, which you can buy yourself on audible. He freely quotes huge portions of Brill’s book and article, in place of original thought. The other half of this book is a multiple hour commercial for gold and silver. He repeats it over and over and over. “Gold was around in ancient times, it will be around when just roaches are left on earth.” Not his deepest thinking.

53 people found this helpful

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  • Richard
  • 2019-06-02

No clear explanations. CRAP!!!!

Not only is anything explained well, but Kiyosaki constantly repeats himself!!!! Too bad, would have been interesting to learn something. Don’t buy. It s a waste.

24 people found this helpful

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  • Roland
  • 2019-06-20

Same old stories

Not a lot new here as he keeps on repeating the same old stories over and over.

13 people found this helpful

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  • Dan West
  • 2019-06-28

Repetitive

Repeats same story’s over and over. Basic lesson buy good and silver. Stocks are a bubble. Bitcoin maybe. Lol useless. What happened since Rich Dad PoorDad.

9 people found this helpful

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  • E. Reis
  • 2019-07-19

Heavy on conspiracy and "elites"

If you are all in on "elites" running everything, college doesn't teach you anything, when modern financial markets are crashing (and they will soon) chaos will rein and gold will save you, this book is for you. I was disappointed because I liked his early work and perspective on how to manage and earn money to live your life and retire. This was heavy, very heavy on the financial world is ending perspective with a ton of random stats and no explanation of potential solutions beyond protect yourself with gold. His disdain, mistrust of "elites" while there is probably something there, cause no one is perfect and anyone who works in financial markets will miss opportunities and not see crashes coming 100% of the time but he simply goes to far into conspiracy for my taste. And his belief that by owning gold will "attract" more gold or money to you was just to much for me. He is entitled to his point of view, but what happened to the guy with solid advice that is concrete and actionable. Cause this guy is totally out on the fringe without support.

8 people found this helpful