Page 47 - Why We Want You To Be Rich - Donald Trump, Robert Kiyosaki.pdf
P. 47
OUR SHARED CONCERNS I 41
again and expecting different results." In this case, it is my opinion that it is
insanity to keep sendingkids to school and not teaching them about money.
When you look at the CASHFLOW Quadrant pictured below,
E standsfor employee
S standsfor small-businessperson, self-employedorspecialist
B standsfor big-business owners suchasDonald Trump
I standsfor investor
I believe we need to train more kids to be Bs, entrepreneurs who create
jobs, and all kids to be investors in the I quadrant. Today, our schools do a
pretty good job educatingpeople to be Es or Ss,but hardly any education is
allocated to be Bs or Is.
Instead ofwalking awaywith a solid financial education, most kids leave
school- some already deeply in debt - prepared only to work hard, save
money, get out ofdebt, invest for the long term and diversify.
Warren Buffett saysthe following about diversification:
"Diversification is protection against ignorance.
(It) makes very little sense ifyou know what you are doing."
One ofthe keys to becoming rich is to know what you are doing.