Latest / The Hannah Hammond Show / Robert Kiyosaki Passes The Cashflow Torch To The Next Generation

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Robert Kiyosaki Passes The Cashflow Torch To The Next Generation · The Hannah Hammond Show

0:00
We're at Robert Kiyosaki's house.
0:14
OK, We're going to do an unboxing.
0:20
As President John Kennedy said, I was in high school when he was
0:24
president, and he said ask not what your country can do for
0:29
you. That's what you could do for
0:30
your country. And he was so inspiring.
0:36
My mom and dad quit their jobs and joined the Peace Corps.
0:41
My sister became a nun and I joined the Marine Corps
0:45
completely opposite places. Right.
0:48
So I'm honored today to be with Hannah, one of the most powerful
0:53
woman on planet Earth today, and the torch is being passed to a
0:59
new generation of women, you know, who don't really need men.
1:07
That's right. Yeah, there's no more.
1:10
There used to be ATV show Leave It to Beaver or something.
1:14
And the wife was, you know, she's always wiping her apron
1:17
and all this stuff. That was the 50s and 60s.
1:21
So this is the new generation of women and they're about to take
1:26
over. So I'm very proud of you and
1:29
this is the torch I'm passing. She is a natural born teacher
1:34
and honored and honored and honored that she become a
1:38
teacher. And it was there, kid.
1:41
Thank you so much. It's so crazy that it all
1:44
started with Robert's book when I was 13 years old and I
1:47
literally have followed the cash flow principles my entire life
1:53
and that's what took me from miserable and poor to happy and
1:58
wealthy. This is the real gang here.
2:01
It's a financial statement. And this is financial literacy
2:06
and its purest form. And you're, you know, I, my rich
2:10
dad taught me how to be an ambassador playing monopoly for
2:15
greenhouses, 1031 tax deferred exchange, red hotel.
2:20
Today I own red hotels. Today I still play Monopoly in
2:25
real life. But this is the game my rich dad
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taught me. My poor dad didn't know this
2:30
game. He's a school teacher.
2:33
So, Hannah, congratulations. Thank you so much.
2:37
I'll sign the game board over to you.
2:39
Hannah, the torch has been passed to a new generation of
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powerful women. Love you, Robert.
2:48
Thank you. So what do you think about
2:50
accepting the torch? I love it.
2:52
I'm so excited. It's my greatest honor of my
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entire life and I can't wait to teach the cash flow game for the
3:00
rest of my life. I'm so excited.
3:03
Thank you, Robert. You are the new generation of
3:05
women, self-made, multimillionaire and proud of
3:11
you. Thank you.
3:12
Tell us how you came across my work.
3:15
Yeah, so I came across Robert's work when I was 13 years old,
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literally Googling how do I get rich?
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Because I came from a family, great family, but we just didn't
3:25
have any money and my parents really struggled to get by.
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And my dad works at a pawn shop still to this day, selling gold
3:32
and silver. And my mom did night shift
3:35
grocery bagging. And I was fortunate to have my
3:38
own rich dad, poor dad situation and had a wealthy friend.
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And I was like, how do I get that?
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How do I build that life of love and connection and experiences
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and travel and abundance? And so I googled how do I get
3:51
rich? And I found rich dad, poor dad.
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That was the first thing that popped up.
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And I read that book and the Rich Dad Principles is the exact
4:00
playbook that I then followed for the rest of my life.
4:02
And that's exactly what I do today.
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The poor in the middle class invest in liabilities, which
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just takes money out of their pocket, versus the rich invest
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in assets, which puts money in their pocket.
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And then he talked about getting out of the rat race, which is
4:15
what this game talks about, how to get out of the rat race.
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And when you buy real estate and you buy assets like gold and
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hard assets that people use, and you acquire those instead of
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acquiring liabilities, that's how you can get out of the rat
4:29
race and really have financial freedom in your life so you
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don't have to work for a paycheck for the rest of your
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life. And that's what got me hooked on
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it. And literally when I turned 18
4:38
years old, I signed up for real estate school and I started
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investing in real estate. I, I learned just like Robert
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taught me, sales, public speaking and capital raising
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were the three most important things that I had to learn.
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And so that's what I immediately did was get into real estate
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sales, sold real estate, use that Commission to start buying
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assets as soon as I possibly could, and then practice my
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public speaking and learning how to raise capital, which now I
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have a national capital advisory firm and get to speak on stages.
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Thanks to Robert. And you brought me on stage for
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the first time. And I have to thank Joe Polish,
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you know, for introducing us. Yeah, Joe.
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And Joe is a natural teacher also, so she's fantastic and
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she's the role model for new women.
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And I thank Joe Polish again for introducing us.
5:30
So you always talk about and the video that always goes so viral
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is being $1.2 billion in debt. Do you still feel good about
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being $1.2 billion in debt today?
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So she's my go to girl for debt financing.
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And what most people don't know is the US dollar became debt in
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1971. So when people, Nixon took the
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dollar off the gold standard and when that happened, the
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inflation went through the roof, you know, so I got rich because
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I'm a real estate guy, but the poor got poorer.
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My calling has always been how come there's no financial
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education in schools? I think it's one of the biggest
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failures of education throughout the world and it's the
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incompetence of our school teaching system for not teaching
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financial education. Now the good news is there are
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many colleges now who are have whole classes dedicated to
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teaching the cash flow game. I was in Uzbekistan, great
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country, great people. They have a whole Central Asia
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university. They have a whole room just
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dedicated to playing the game and teaching financial
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education. And then I was in Malaysia not
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too long ago, and the Malaysian government is now installing
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cash flow as mandatory teaching. So the question is, why are
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games better at teachers? Well, as Maria Montessori,
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another entrepreneur in education, she's fabulous woman.
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The Montessori school system, she says What the hand does, the
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mind remembers. So by playing this game and
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doing the numbers and all that, it's burning into your brain.
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But when I was in class, I sit there and the teacher go like
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this, you know, I retained less than 7%.
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School is a waste of time. So by schools adopting and
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changing, I'm very happy to say some schools are changing to the
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cash flow game and using as a teaching tool.
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And then they teach money on top of that.
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So that's how the rich get richer.
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But unfortunately today, inflation's going like this
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because it's fake money. They're printing money and the
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poor are getting poorer. That's got to stop.
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That's got to stop. So I'm proud to be turning over
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the torch to any generation of women 40 to 50 years I've been
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teaching. What stops most people from
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learning is what they learned at home, and if they came from
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poorer parents, they have poor habits the brain is already
8:19
fried into. No, you're going to play it
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safe. You got to get a college
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education, job security, job security, and hopefully a
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pension. You know, that's what is hard to
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change because what mommy and daddy taught you is who you
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become. Just like, you know, if you
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spoke French at home, you'd probably speak French.
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The same with money. And the reason games are
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powerful. Games include four
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intelligences. Mental, you have to use your
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brain. Physical, you have to use your
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hands, emotional. Everybody hates to win and lose,
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you know what I mean? But you get to control your
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emotion. And the last one is spiritual.
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When you understand you can master money.
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And the question is, what do I want to do with the rest of my
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life if I don't have to keep working for a living?
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And that's what happened for me. I retired, you know, the years
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ago. And the question is what I'm
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going to do with the rest of my life.
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You know, I began to teach. Yeah.
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How important is it to follow your Spirit's mission?
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I have a doctor, his name is Doctor Radical Pollen, and he's
9:34
not only a cardiac heart transplant guy.
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You guys are genius. But he's also a doctor of
9:41
acupuncture, and he's also a yoga master.
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You know, he's a real spiritual. He's like Gandhi, so Doctor
9:48
Gopal's like Gandhi. And he says the mission of the
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body, our body is to fulfill our spirit's mission.
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What did God send you here to do?
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What's in your heart that you really want to do?
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You know, I hated school. I hated the teachers.
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But my mission was become a teacher, of all things.
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I flunked out of high school so many times.
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I just hated it. And I flunked because I couldn't
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write. And now I'm an international
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bestseller. Funny how that works.
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And her mission too, is to be a teacher.
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But she comes from the finance world.
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And you, role model for women. Thank you.
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So what I suggest all over the world now this game is being
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played. I suggest Hannah get together
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with five No 4 friends, best as five players.
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You know, 2 or 3 is OK. Play it once, play it twice,
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play it three times, and it starts to change the way you see
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the world. Your cash flow starts to change.
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But if you teach 10 people, it'll change your life.
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But you have to give before you receive.
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Most people want to receive not give and Hannah is a giver and
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Joe Ollish is a giver. We teach O lay the game at least
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10 times and then teach 10 people 10 and 10.
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Your life will change. You'll see a different future.
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Thank you. I can't wait to play.
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I can't wait to teach it all over the world.
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She did all of that without playing this game.
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I couldn't believe it. I know I have not played the
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cash flow game and I've been living the cash flow game, but I
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haven't been playing the cash flow game.
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So it's going to be amazing, so. We're brothers and sisters in
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spirit, you know, and we teach and it's money other people to
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do things like God or how to fix a car.
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We teach money because money is not the root of all evil.
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The lack of money is the root of all evil.
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I learned in Sunday school, teach a man to fish, you feed
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them for a lifetime. Give a man a fish, you feed them
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for a day. It's spiritual, it's biblical.
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And our schools are screwing up all over the world because they
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tell you, you get a job security and you know, and, and AI is
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coming, it's going to wipe out jobs all over the world.
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So it's time for change and where teachers have changed.
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What do you recommend to the next generation?
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We're entering one of the biggest changes in world history
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right now. The central bank system, the
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printed money, all coming to an end.
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Debt is all over the world now and people are losing trust in
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paper money. So the new saying I have is any
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asset that depends on trust will get wiped out.
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So if you're saving, let's say ETFs or stocks, because there's
12:57
too much trust, the biggest trust is people are losing trust
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in America and that's our bonds. If people lose trust in America
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and the US bond, you know that BS that financial planners tell
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you is that bonds are safe. Not true anymore.
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So if the trust goes out of the US bond system, America goes
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bankrupt that fast. Hope it doesn't happen.
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I hope I'm wrong, but that's how close we are.
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America, you know, the greatest nation in world history, but
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China's going to kick our ass right now.
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What do you think happens if we go down?
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Chaos Revolution. I've seen it before.
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I've sometimes been in the wrong place at the right time all of
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my life. I was in Zimbabwe, in Africa,
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when the Zim dollar collapsed. I was most terrifying that 10
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days of my life. Chaos erupted.
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The blacks started to murder the white farmers and steal their
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farms. So I was in the wrong place at
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the right time watching this happen in Zimbabwe.
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Great country, great people. And this white, little white
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woman, you know, I was, I was at her house and I'm sitting there,
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you know, getting out of Dodge and she comes running up to me
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and she says, burn my farm down. Leave those bastards.
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Nothing. Holy shit.
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You know, like I was in Vietnam when the North Viennese busted
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through the line, the DMZ and I saw them kick our asses.
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So communism was winning. So I looked at my friend.
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I said let's do it. So we got torches.
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This beautiful 400 year old farm, we got torches.
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We started with a diesel yard. We set the diesel tanks on fire,
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burned her house down and burned all the thatch houses down.
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Kept her promise and got out of got out, barely got out.
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So it's like Vietnam. When I saw I was at the battle
15:09
of Quang Tree, we got our asses kicked.
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We lost 62 men that day. So many guys got, thank God I
15:17
didn't get shot down, but they they got shot down.
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I saw my friends die and the North Vietnamese run South.
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And then in 1975, you saw the helicopter on the roof.
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That was ACIA helicopter. It was taking the last Americans
15:35
out of the embassy and getting out.
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So I've been the wrong place at the right time.
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I've seen too much to to to stay silent.
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Our education system's failing us right now.
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They're Marxist. They really don't know they're
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Marxist because they never studied Marx.
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And Marx said it all. You know, he's in 1930, Columbia
15:59
University's Teachers College invited Marxist instructors from
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Germany to teach their teachers. That was 1930.
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It's all historically registered.
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By the time I got to school in 1960s, there was rioting all
16:15
across the campuses because the teachers are Marxist.
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And you know, as in Kent State, Ohio, they shot 4 students.
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That's chaos. Orders has to break down, the
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same as I saw in Zimbabwe, in Vietnam.
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I've just seen too much, so I can't keep my mouth shut.
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My poor dad. Brilliant man.
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Brilliant, brilliant man, Good man. 6 foot three, tall for
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Japanese. But he was a PhD, poor, helpless
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and desperate. And he went to Stanford
16:50
Northwestern. And so get your PhD.
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You know, I said, Dad, you're broke.
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And my wrist tenses. My best friend's father, he says
17:01
play Monopoly, use debt. So I had to learn how to use
17:06
debt, find real estate, find investments, put deals together.
17:11
And the highest achievement in my opinion of an entrepreneur is
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take a company public through IPOs initial public offering.
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So I've taken three companies public, I've been on a New York
17:26
Stock Exchange ringing the bell and all that, just like Elon
17:29
Musk did and all this Elon Musk is the greatest entrepreneur
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we've had in our generation and he's South African, you know, so
17:39
entrepreneurship can save the world.
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That's what we're we're the elements of this game teaches
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the fundamentals of entrepreneurship.
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The numbers. Let's, let's show the numbers
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one more time. This is the foundation of
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entrepreneurship. Can you control your numbers?
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This is income, expense, assets, liabilities, income statement,
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balance sheet, statement of cash flow.
18:08
And you learn it by having fun. You know, when I was in, I have
18:13
three pH DS today. I hate to admit that, but our
18:16
school teacher didn't understand this.
18:20
My accounting teacher didn't understand this.
18:23
They knew this, they knew this. They didn't know the statement
18:27
of cash flow. So this is the only game in the
18:31
world that teaches a statement of cash flow to everybody.
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And it's fun, Tough game, hard to learn, but you play it 10
18:42
times, your brain goes, Oh my God.
18:45
And as Marinta Montessori, what the hand does, the mind
18:47
remembers. And in school, I was in the, I
18:51
was in the accounting class, the teachers, yeah, put no way of
18:55
going in one ear out the other. So I got kicked out of the
18:59
accounting class in my MBA program because I took on the
19:04
teacher. I asked the accounting teacher
19:07
said, are you an accountant? I said, I stood up and I said,
19:10
come on, Marine, you know, I said, don't dodge me, man.
19:14
Are you an accountant? He says, no, I just studied the
19:18
accounting school. He had no practical experience.
19:25
He didn't know how to use debt. You thought that was bad, Like
19:29
Dave Ramsey is live debt free. And that's good advice for most
19:32
people. But you know what?
19:34
I know we use debt to get rich, but that takes a different
19:39
mindset, different skill set because it's not easy.
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So the purpose of the game is inspired to play this game in
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real life, but our schools don't teach us.
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But thank God the universities and some schools are now
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adopting this game as a fundamental for the financial
19:55
education courses. So far, I don't know of anybody
19:58
in the US who is because the Teachers Union of America is the
20:03
NEA National Education Association.
20:07
Forbes calls America's teachers union, the National Extortion
20:11
Association. Biggest criminals going on the
20:14
teachers unions. And Marx said unions are Marxist
20:19
because workers of the world unite.
20:21
That was one rule. And also Karl Marx said the
20:24
abolition of private property. So you look at what's happening
20:28
in California right now, today, 2026, the rich are leaving
20:33
California at a high speed because the Communist Republic
20:37
of California just says we're going to tax everything.
20:42
You own everything. So I may have bought this house
20:45
20 years ago. They're going to tax it again.
20:47
And so that's why they're leaving.
20:49
California's losing a lot because they're rich are
20:52
leaving, same as New York City. They're all going to Florida and
20:56
Texas. But because our teachers are
21:00
Marxist, America's coming down. That's got to change.
21:05
So I said, why not start with the women, right?
21:10
What do you think? I agree 100%.
21:13
I think you know, you teach in your book that we are taught in
21:17
the traditional school system to go to school, get a job, a safe
21:21
and secure job, invest in your 4O1K, buy a primary residence
21:26
and save for retirement someday and hope that you're going to
21:29
have money in your 4O1K or your pension, which pensions aren't
21:32
around anymore. And I was scared.
21:34
I was one of those those students.
21:36
I didn't know if I was going to be a successful entrepreneur.
21:39
I was just following a book that I had read.
21:40
I didn't know Robert in person. I didn't have any like real life
21:43
mentors. And so I did both.
21:45
I literally got my real estate license, started my own real
21:48
estate business, started investing in assets, but at the
21:51
same time, I was still going down the path of schooling.
21:54
When I read that book at 13, I didn't know if I was going to be
21:57
successful. So I still had that fear and was
21:59
the top of my class, earned a full ride scholarship, went to
22:02
ASU and ended up working in corporate America.
22:06
And I had an engineering degree. It was like the highest paying
22:09
entry job possible. And I was making pretty good
22:13
money, like as good of money as you can in corporate America for
22:17
what the, you know, for an engineering degree that I had.
22:20
And this was back in 2014, I think.
22:21
I can't remember what I was making now, but it was like just
22:24
under 100,000 I think. And that was, that's good money,
22:27
right? But after taxes, 4 O 1K Social
22:31
Security, blah blah blah, all the money was gone on.
22:34
And I remember literally I was sitting at my desk when I got my
22:37
first paycheck and I started crying and I called my brother
22:41
and I was like, this is the worst part of the game.
22:44
Just like that video where that kids crying playing Monopoly
22:47
when he has to pay his taxes. Because I realized in that
22:50
moment that there's no way I was going to become truly wealthy
22:54
and be able to do the things that I wanted to do, have the
22:57
impact that I wanted to have and have the live the life that I
22:59
wanted to live. If that was the path that I was
23:01
going to do. And have 3% annual increases
23:04
each year and have half of it going away off the top right to
23:09
the government and to Medicare and Social Security and all
23:12
those things. And then I replaced that income
23:15
very quickly from my passive income from following the
23:19
principles of the cash flow game and from rich dad, poor dad.
23:22
And I started buying assets, renovating them, adding value to
23:25
them, using good debt. The tenants were paying back
23:28
that debt, paying for that debt, using the tax strategy as a real
23:32
estate professional to offset my earned income, and then cash
23:36
flowing from the tenants. And as soon as my rental income
23:39
replaced my job income, I was able to quit my job and have
23:44
financial freedom and successfully get out of the rat
23:47
race and the rest is history. What changed my life with
23:50
teachers and I was in Sunday school at 7 years old.
23:54
I was bored stiff as usual. But then you have you look up
23:58
ADHD my pictures there, you know, I just I get bored so
24:02
fast. That's why I hated school.
24:05
But anyway, my Sunday school teachers asked why she says why
24:09
were the three men wise men wise?
24:12
That's right. I know that answer. 7 years old
24:15
raised my hand. She goes why?
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I said because they're rich and in Methodist Church rich is a
24:22
sin. You know, the love of money is
24:25
the root of all evil in my church.
24:27
She goes, why do you say they were rich?
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I said one head goal, frankincense and mirror.
24:33
I said that stuff costs a lot of money.
24:35
And she goes, that's not why they were rich.
24:40
I said, well, tell me what it was.
24:42
She says the three wise men were seeking the best teacher.
24:49
I'm not pushing religion neither, but it was Jesus
24:51
Christ. I was seeking him the birth of
24:54
Christ, you know, and so seven years old, and I said I'd better
25:00
find a new teacher because my old man's a professor.
25:04
He's broke, PhD or helpless, desperate.
25:08
So when I was 10, I met my rich dad and I said my teacher's
25:11
here. And he broke out his monopoly.
25:14
I had to work for him for free because if I didn't work for
25:18
free, he says if you work for money, you're an employee,
25:22
you're a peasant. Said the rich don't work for
25:25
money. What?
25:27
And then he'd break out the Monopoly game and he'd go the
25:32
secrets on this game here. So I had to work for Rich Dad
25:36
for free picking up rubbish and because he owned hotels, pick up
25:40
stuff, you know, help people check out and all this.
25:43
He would sit down and play Monopoly with a stun in me and
25:48
he says 4 greenhouses, tax free exchange, 1031 red hotel.
25:55
And that's one of the biggest advantage of a real estate is a
26:00
tax free exchange. You can't do that in stocks.
26:05
So I make millions and not pay taxes legally because I invest
26:12
in real estate. I use debt.
26:15
So let's say I buy a property for a million goes up to 10
26:19
million. I don't sell it because then I
26:22
have a capital gains tax. So it goes from 1,000,000 to 10
26:25
million. I'll borrow out five and because
26:29
it's 5,000,010 on debt tax free. That's the game that monopoly.
26:35
Well, my rich dad taught me playing monopoly.
26:38
But there in school they don't teach you that They teach you
26:41
get a four O 1K risk. It was horrible, horrible thing
26:46
you can invest in or this guy Obama student loan debt to get
26:52
higher degrees. I would never use student loans
26:55
as the most onerous debt possible.
26:58
Terrible. But these Marxists like Obama
27:02
and all that, they're making our kids poorer.
27:07
So what happens is the poor kids get a student loan and they're
27:13
in debt for the rest of their lives.
27:15
And I'll say one more thing about Marx and he says the
27:19
essence of spreading communism is a graduated income tax.
27:26
Marx near that taxation would spread communism.
27:31
And so in 1913, I believe the Federal Reserve Bank was
27:36
created, which is Marxist. Anything central, central bank,
27:41
it's Marxist. But the same time the IRS was
27:44
created. For most of our lives, America
27:48
has been tax free. You know, America was founded in
27:52
1773 with the Boston Tea Party. There was a tax revolt, but the
27:58
Marxists kept taking over the poor people.
28:01
They become bureaucrats with their pH DS.
28:04
They don't know anything about this stuff here.
28:07
They don't know anything about things.
28:09
They don't understand debt that they've been told live debt
28:12
free. And now we have, you know,
28:14
California in 2026. The rich are leaving California
28:18
at high speed. They're leaving New York and
28:21
then we went to Florida and Texas because Marxists have
28:25
taken over California and New York.
28:28
That guy, Mandami, he's a Marxist, purebred Marxist.
28:33
He admits it, Social Democrat. And so our schools are pumping
28:38
out Marxist like my poor dad. And so we combat that with
28:42
financial education outside the school system.
28:47
You don't have to go to school to play this game cost you a lot
28:50
less than a college degree. Oh yeah.
28:53
Have you played it 10 times? You teach 10 people.
28:56
You might have a chance to become Hannah.
28:58
I wish I would have not gone to college and I mean no regrets,
29:02
but wish I would have just dove and straight into cash flow and
29:05
buying assets and going all in on selling real estate and
29:09
increasing my network and my skills like public speaking and
29:13
capital raising. And I would have gotten a lot
29:15
farther a lot sooner. But it's it's exciting.
29:18
Shoot the rising stars, it's on CNBC.
29:21
It took me until I was 50 to get on CNBC.
29:24
She's already there. Thank you.
29:27
I'm so proud of her. I'm going with the rising star
29:30
teacher and honored to have her become one of and it'll be
29:34
partners in teaching because by education, we can, you know,
29:40
elevate the financial well-being of humanity.
29:42
Right now there's cash flow games all over the world being
29:44
played, different languages, Japanese, Chinese.
29:50
That's even though they won in I, I think Muslim or whatever,
29:54
Muslim Arabic, it's coming, you know.
29:58
But we can change the world with a game so that that's one of the
30:04
benefits of games. And games are great teachers.
30:07
You can play as long as you like, as hard as you like, and
30:11
the teacher doesn't ask for overtime.
30:13
Yeah, that's the teacher and it's about it Used to be 200
30:19
bucks, probably about 50 bucks or whatever.
30:23
It'll change. If you play it 10 times, teach
30:25
10 people, you'll see a different will.
30:28
Most people are terrified of debts, but you talk about the
30:31
difference between good debt and bad debt.
30:33
How much debt are you in and why are you excited about that?
30:36
Debt became money 1971. And then these financial
30:41
planners, you know, I think it takes seven days because of
30:44
financial planner, seven weeks I think.
30:50
And they tell people bonds are safe, US bonds.
30:56
Well, there's no safety from stupidity, you know, And trust
31:00
is going out of American bonds. So is Japanese bonds.
31:05
So the world is going to change big time in 2026 and beyond.
31:12
So financial education, hopefully we'll be a part of
31:16
that change. I'm not saying school teachers
31:18
are bad to people. They're like my poor dad.
31:21
They just don't know. They just don't know.
31:26
I went to military school. The first book I had to read at
31:32
military school was a communist manifesto.
31:37
And I asked my economic teacher, so why am I studying the
31:39
Communist manifesto? He says know thy enemy.
31:44
And I spent the rest of my life fighting communists.
31:48
Unfortunately, I killed a lot of them, killed a lot of them with
31:52
fight, you know, a Marine pilot lost a lot of friends.
31:57
But we fought to stop communism in Vietnam.
32:01
And that's why I said was the wrong place at the right time.
32:05
When the North Vietnamese broke through the DMZ with the Battle
32:09
of Quang Tree, we got our asses handed to us and I was a carrier
32:15
pilot at the time. I'm sitting on the carrier that
32:19
I was shot. The hell, you know, lost, I
32:21
think we lost 6 aircraft and 60 something.
32:24
Mandarin was horrible and they're trying to keep spirits
32:30
up. You know, I said, I raised a
32:33
question and the Colonel said, yes, Lieutenant, I said how come
32:38
their Vietnamese fight harder than our Vietnamese?
32:43
Because the South Vietnamese turn and ran and the NVA came
32:48
down. NVA fight differently.
32:50
It's really interesting. They hold their Aks like this
32:53
and shoot deadly accuracy, so they're trained differently too.
32:58
I'm going, I see my friend going down.
33:01
War was a good thing for me because I grew up and I said I'm
33:04
going to keep fighting, but I want to know why the communists
33:08
fight harder than the capitalist.
33:11
Why did the North Vietnamese fight harder than our South
33:14
Vietnamese? And we got fat and lazy.
33:16
I think, you know, I too comfortable.
33:19
So I don't hate the enemy. I have to respect them.
33:24
They're doing the same that came from families and all this.
33:26
So that's why I keep fighting for capitalism.
33:31
We teach this is capital. This is a capitalist game.
33:36
If you were 25 years old right now, what would you be focused
33:40
on learning? Every day I don't even I'm
33:42
working, I'm learning, I'm reading a new book.
33:45
But the thing I respect about Hannah, after I met her, I said,
33:48
Oh my God, I'll get to know you better.
33:52
And I kept calling her. She goes, no, I'm in a seminar.
33:58
So I called him a week or two. Oh, another seminar.
34:01
You know, she's in seminars, which is what my rich dad taught
34:06
me. He says don't go to school, go
34:08
to seminars. Learn from real teachers, you
34:13
know, teachers that practice what they teach.
34:17
The problem is most teachers teach what they read in a
34:21
textbook, so they lack the hands on experience and that's a big
34:28
thing. Choose your teachers wisely, but
34:31
always get educated. Why was a fabulous new book out?
34:35
There's 3 levels of respect. Number one is self respect.
34:40
You know that's what you had to learn, right?
34:41
Self respect. Number 2 is respect of your
34:45
friends, but #3 is the respect of people you respect.
34:54
So you can see in my room, Oprah called me, Trump calls me.
34:59
I respect those guys and people. I hate Trump.
35:01
He's a good friend of mine, you know, But when people you
35:05
respect, respect you as a third level of respect.
35:11
So this friend of mine, Jim Records, who is a man I respect
35:15
immensely, not that it means most people.
35:18
He was LTCM, Long Term Capital Management.
35:21
His hedge fund nearly brought on the world economy.
35:24
Brilliant, brilliant man. I called the firehose when he
35:27
speaks. Guy's a genius.
35:31
Shell's rough for the CIA and Defense Department teaching
35:33
them. He sent me a book, says please
35:35
read this book, review this book.
35:37
So I got the pre publication copy of the Entropy trap.
35:42
The entropy trap and the the book blew my brain apart.
35:48
Yes, the book of today, the entropy trap.
35:51
I've read a lot of great books. Entropy Trap's the book of
35:54
today. It's so currently talks about
35:57
Hormuz and Iran fighting the price of oil going up.
36:03
What's terrifying is inflation's going to go up and then we're
36:07
going to collapse. Happens all the time.
36:11
And then we'll have Zimbabwe or South Vietnam because our
36:17
schools are Marxist good people. But like my poor dad, they don't
36:22
know anything about money. So that's why we teach.
36:27
We're fighting Marxism by teaching capitalism.
36:31
What about gods in disguise? That's a powerful book too.
36:35
Gods in Disguise talks about what?
36:37
What are the attributes of God #1 besides kindness, compassion
36:44
#1 was knowledge the number one attribute of God In this book,
36:49
Gods in Disguise, it's Ellen Walter.
36:52
Denise goes once they seek knowledge.
36:58
And that's why I feel sorry for people who leave school hating
37:01
it like I did, or people who stopped learning because it was
37:05
boring. So another reason why years ago
37:09
I created this, 1996 I created this game, and 1997 I couldn't
37:14
sell the game. That's a stupid game.
37:17
I couldn't sell it. So to sell the game, I wrote a
37:22
book called Rich Dad Burdad. The book took off and the game
37:26
follows now. Yeah, 40 million copies later.
37:31
You know, most teachers tell you you make mistakes, you're
37:33
stupid. Well, the way you get rich is
37:36
making mistakes. Learn from your mistakes, move
37:39
on. Learn from your mistakes, move
37:40
on. You know, in flight school,
37:43
every single day I was at Camp Pendleton, CA on the way to
37:48
Vietnam. Every single day we practice
37:52
crashing because the odds are we're going to go down the head
37:58
of doing things that were so terrifying, like it can't pen on
38:02
there. There's two trees.
38:05
The helicopter blades are this big, and our job was to come
38:11
turn the helicopter and go through the trees this way.
38:13
My younger brother was in the back seat that day.
38:16
He was in the Air Force, came to visit me.
38:19
I can still hear him screaming, but every day we crash three
38:24
times. So I crashed three times and the
38:29
third question I broke my back, but the IT became automatic.
38:34
It says OK I'm crashing engine quit good thing.
38:40
So excellent next big of mistake of school the teacher don't make
38:46
mistakes. Humans were decided to learn by
38:49
making mistakes. A baby learns to walk by
38:53
standing up, falling down. Learn to ride a bike by running
38:56
up, falling down. You know, don't make mistakes.
38:59
Make mistakes. You're stupid.
39:03
They're the stupid ones. They're making no mistakes.
39:06
Allison must take. Here is a horrible school.
39:09
I was there teaching with Charlie Kirk and the professors.
39:13
39 of them came after us. Why are they doing this?
39:17
You know, when Charlie Kirk got shot, I went.
39:19
I know who took him out. Who shot Charlie Kirk?
39:22
I suspect that those 39 professors attacked us.
39:27
A woman named Carrie Lake, you know, she was a senator.
39:31
Anthony Kern from here took up our cause.
39:35
And they called a hearing in front of the Senate of Arizona
39:41
and they asked those 39 professors to show up.
39:45
The 39 professors went. Who do these professors think
39:48
they are? So I just kind of verified my
39:50
whole contempt of school. It's Marxist.
39:56
Remember Marxist abolition of private property, income tax?
40:00
And that's the third one I forget.
40:03
But America's getting poorer because our school systems are
40:08
Marxist. They've got to change.
40:11
And thank God there are certain teachers changing.
40:14
Like the University in Uzbekistan, Central University
40:19
and Malaysia are adopting all programs to teach the scheme,
40:25
but meanwhile the Marxist professor at ASU to you, they
40:31
didn't even show up and center occurrences.
40:34
How dare they? They're above the law because
40:38
they have PhDs or helpless, desperate Marxists.
40:45
Not bad people, just different economic philosophy.
40:49
Capitalism is opposite of Marxism, a big, big difference.
40:54
So I have to study Marxism, capitalism, and that's why I
40:58
teach capitalism. You're going to touch teaching
41:00
capitalism with, you know, Joe Polish all over the world.
41:03
We changed the world that way. We raise a level as America, I
41:08
hate to say this is about to enter a depression very close.
41:12
So that's that book. The Entropy Trap will explain
41:15
why how you protect yourself. It's called the biggest wealth
41:17
transfers in the world. The people that rich are rich
41:21
today will probably be poorer tomorrow because they're
41:26
investing in, let's say paper that lacks trust.
41:33
That's when the financial plans say US bonds are safe.
41:35
I said not from stupidity. And that faith in America is
41:40
going down South. Gold and silver, you know,
41:44
Bitcoin, they hold their, they hold their integrity.
41:49
So that's why I own gold mines and silver mines.
41:54
I take them public and I have millions of shares of stock.
41:59
They're my shares. I don't buy shares.
42:02
I only sell shares, so that's why one of the goals I had was
42:07
take a company public. So my first public company was
42:11
on the Toronto Stock Exchange and then NASDAQ and then New
42:16
York Stock Exchange. So I rang the bill on the New
42:20
York Stock Exchange. That's how cool.
42:22
Rarest days of my life. And then real estate, you're
42:27
doing the what's that deal we're about to do where you're going
42:30
to put down $1,000,000 through a 1031 exchange so you don't have
42:33
to pay taxes and then buy a cash flowing building.
42:36
Your house is not an asset because you got to pay for it.
42:39
But even today I'm looking for a bigger real estate deals because
42:45
I make so much money. If I don't buy a real estate, I
42:49
pay taxes but where did I get that money from?
42:53
I take a property, it goes to 1,000,000 to 10 million.
42:58
I borrow out five million, let's say tax free money cause debt is
43:04
tax free and I buy my property. I can't do that with a stock or
43:11
someone who can, but that's how I do it.
43:15
That's why when I graduated from when I was getting on the Marine
43:18
Corps, my rest had had me take real estate courses and finance
43:27
debt, how to borrow money and how to communicate, which is
43:31
fits in because the different between rich and poor is a
43:35
different language, different language.
43:39
I was at Machu Picchu not too long ago.
43:42
I was going, wow, look at this place.
43:45
And when I got I come to little Inca and we're looking at Machu
43:49
Picchu and I said, do you have a question?
43:53
I said, yeah, So a little Inca says, took me to a secret place.
44:00
There's a rock with a hole in it.
44:04
He says look through this hole and the question you're looking
44:09
for will come to you. So here's this rock, not not a
44:13
big one, but a hole in it. So here's Machu Picchu, one
44:19
level, 2 Level, 3 levels. And so I said my question was,
44:26
what separated the three levels? This is, you know, hundreds of
44:32
how many years ago much beach was built?
44:35
And the Inca smiled and he says language.
44:40
He says the poor spoke the language of a farmer so that
44:46
they couldn't speak to anybody else.
44:48
But you know, stop, the second tier spoke the tier of kind of
44:55
business and, you know, making money shop owner and stuff like
44:59
this. I said, what about the top tier?
45:03
He says Quechua, the language of money.
45:09
I went, wow. So what made the rich rich was
45:13
not money, but words, financial literacy.
45:18
We speak the language of money and that's what capitalists
45:21
speak. So all it's been around for, you
45:26
know, centuries, centuries. And now AI is coming going to
45:33
change the world again. And all those people are going
45:36
to school for job security gone. It's going to be chaos.
45:42
Well, you got to buy things that hold value.
45:46
I buy gold. I own gold mines, I own silver
45:49
silver mines, and I own oil wells.
45:55
They're tangible assets to hold their value.
45:58
A bond doesn't hold its value, and a financial panel would say
46:01
bonds are safe. It's only as safe as a guy
46:05
issuing it. You know, in my world of gold
46:10
and silver and oil, there's no counterparty risk.
46:17
That was gold. Doesn't need to be money.
46:19
With anybody's blessing, it's money.
46:22
JP Morgan says gold is money. Everything else is dead.
46:27
That's true. But a school teacher, go to
46:30
school, get a job, save money, get out of debt and put some
46:33
money in Four O 1K. My generation boomer generation
46:38
got wiped out because the four O 1K started in 1974.
46:44
The boomers are the first generation without a defined
46:47
benefit pension plan. The benefit plan cannot crash,
46:51
but defined contribution can. 4 O1 KS, IRA, they can crash.
46:57
So this crash we're entering right now in 2026, many boomers
47:03
will be homeless. It's a house, not an asset.
47:10
So very treacherous times at the right time, right?
47:14
Teachers show up like you. Yeah, what about ESBI?
47:20
ESBI or book 1 was Rich Dad. Poor Dad came out in 1997.
47:27
This came out in 1996 but nobody would buy us.
47:30
I wrote Rich Dad, Poor Dad and the second book I wrote was the
47:34
Cash flow quadrant ESB. i.e. stands for employee, S stands
47:41
for self-employed or small business.
47:45
B stands for big business 500 employees or more and I didn't
47:50
stand for AN I stands for an insider.
47:53
The reason I like real estate is I'm an insider on the deal.
47:59
Insiders have more control. When I take a company public,
48:04
I'm an insider. People with a four O 1K or IRA
48:09
are outsiders, but it takes financial education become AB or
48:15
I so I have thousands of employees.
48:19
I don't need a job and I'm an insider.
48:23
I put my own deals together. That's what that teaches yeah.
48:28
Coming out of the whole video series that'll teach us, you
48:32
know more because video is the way to go like that guy does,
48:34
you know, just the future. That's the new teacher.
48:39
So I work on a guy named Matt Lights and he's an AI genius who
48:49
does video. So we're coming out as teachers,
48:54
but real teachers, not fake teachers.
48:57
Well, it's really cool now to AI.
49:00
You can be continue to teach forever, even long after you're
49:03
gone, because our AI clones can live on and keep teaching our
49:07
principles with AI video. Now we can keep teaching long
49:11
after we're gone, which is so cool.
49:13
The game is an artifact. Keep teaching the books,
49:16
artifice. They keep teaching you and I'll
49:18
be gone. They'll keep teaching, you know.
49:20
That's why you keep telling me that I need to have an artifact
49:23
and you already wrote the foreword to my book that I'm
49:26
working on. She needs an artifact and your
49:30
your first thing was was self esteem right.
49:33
I know her dad. We're the same business C&C
49:36
silver. I go to them all the time.
49:39
I didn't know, didn't know, Hannah, which I did, but.
49:43
Yeah, except he's my poor dad. Yeah.
49:47
He's my poor dad and he's my rich dad.
49:49
It's a. Different.
49:51
What was that? Nothing, I said.
49:54
He's my poor dad. He knew the game.
49:56
That's why silver has intrinsic value.
50:01
Gold has intrinsic value. It has integrity.
50:04
It holds a shape. It doesn't need anybody's
50:07
blessing it for it to be money. AUS bond requires somebody to
50:12
bless it. So when those financial planners
50:16
tell you bonds are safe, I said nothing's safe from stupidity.
50:22
Easy answer. You know that's true.
50:25
The hardest part is this. I look at Machu Picchu when
50:29
you're raised there, here, here. I have the toughest time with
50:34
poor people because your mommy and daddy taught them more
50:39
ideas. So, you know, I talk to my
50:42
brothers and sisters. They go college education.
50:46
College education. We send our kids to the best
50:48
schools around. I said buy us some.
50:50
No, we save money. We don't use debt.
50:53
That's what my dad taught them. Rich dad taught me differently.
50:57
So I love my brothers and sisters, but we're different
51:00
people. I did $100 million deal the
51:04
other day. Like I showed it to you, I have
51:09
no idea what it is. How did millions of it's not big
51:13
money and it's not it's not like Elon Musk be Elon Musk trillion
51:19
and just millions. But the mindset's the same.
51:24
But when you talk to people from the bottom layer, mommy and
51:29
daddy sing louder. The middle layer is often their
51:33
education sings louder, and the top wings speak the word
51:38
Quechua, the language of money. I don't know if people said
51:42
Quechua's not it, but works for me.
51:46
That was from the little that's Peruvian.
51:51
That's the sign of an Inca ruler.
51:54
There's always to us a good side and a bad side.
51:59
And she was asking me about God's in disguise.
52:04
It's very important book is it talks about what makes God, God
52:08
and #1A seeker of knowledge and kindness.
52:11
You know, stuff like that. It talked about the problem with
52:15
knowledge. It's called an ascension
52:18
experience. You go, the trouble with going
52:23
up is your good side gets stronger, so does your dark
52:29
side. And that's why you see a lot of
52:33
rich people go up or like, you know, football players or
52:36
basketball players, movie stars and all that.
52:40
And something happens and they come down because it's a good
52:45
site, goes up. What causes this guy's dark side
52:50
also goes up And be very careful of that one.
52:54
You know, So very interesting study, lots of information that
52:59
don't really teach in school and like, you know this, I love
53:04
playing like I have the same watch.
53:07
Yeah. And the worst thing you can tell
53:09
somebody has lived beyond your means.
53:13
Study can expand your means you. Mean live below.
53:17
Your like a good thing. Yeah, I I took my black Bentley
53:21
and Bentley convertible. I said, I'm kind of bored with
53:24
this car. So I took it to a dealer and
53:30
sitting next to it is a blonde Bentley.
53:31
I like blondes. I'm like, how much is that?
53:39
And you know, everybody says live below your means and nice
53:43
cars depreciate lie. You know, Toyota, you dream
53:47
about falls, but collector cars go up.
53:52
Certain cars always go up. So he liked my Bentley.
53:58
Sitting next was this blonde convertible blood and I said oh
54:02
and we traded. He goes sure.
54:05
So we traded and he gave me 35,000 bucks.
54:12
I only paid 70 for my Bentley. How did I get $35,000 back?
54:19
He says you're the best engine. Then I'm a dumb shit they don't
54:23
own an engine. My brother was really good
54:25
mechanic. I didn't enter the car.
54:27
You mean the engine was worth how much money?
54:28
He goes, Yeah. So this blonde Bentley doesn't
54:33
have to get good engine. So I got 2 cars with a 35 cup.
54:37
Buying another car, I still made money trading at one car.
54:45
So when you enter that world of the rich, it's a different
54:51
world. The hard part is what your mommy
54:54
and daddy told you. Were they poor, middle class or
54:58
rich? Yeah, moving from scary.
55:01
Donald Trump, and we're good friends.
55:03
Good man. His sons are great kids.
55:06
It's time we have financial education.
55:09
And because the schools aren't teaching it, we'll teach it.
55:12
But we're real teachers. We practice what we teach.
55:16
She practices what she's going to teach.
55:18
Yeah, moving from scarcity to abundance is the hardest thing.
55:21
You know, rewiring the mind when you are raised in scarcity and
55:26
fear and that's your driver behind everything that you're
55:28
doing. And it's so hard to create what
55:32
you want and realize your dreams.
55:35
If you're living in fear and scarcity.
55:37
You have to learn the skills, change your mind, think
55:42
positive, think big, change the way you think about everything
55:45
and understand anything truly is possible.
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I think therefore I am as a man thinketh in his heart, so is he
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so. Well, thank you, Robert.
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Thank you proud. Of you.
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This treasure was given to my dear friend Fernando Gonzalez.
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He is from Peru and I've learned a lot from Peru.
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So thank you, Fernando. The man in the arena.
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It is not the critic who counts, not the man who points out how
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strongman stumbles or where the doer of deeds could have done
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them better. The credit belongs to the man
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who is actually in the arena, whose face is marred by dust and
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sweat and blood, who strives valiantly, who airs, who come
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short again and again because there is no effort without error
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and shortcoming. But who does actually strive to
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do the deeds? Who knows great enthusiasms, the
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great devotions, Who spends himself in a worthy cause?
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Who at the best knows in the end the triumph of high achievement?
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And who at the worst, if he fails, at least fails while
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daring greatly, so that his place shall never be with those
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cold and timid souls who neither knew victory nor defeat.
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Theodore Roosevelt.