Kiyosaki is a brilliant salesman and marketer.
The whole ..."assets put cash in your pocket", "what's an asset and liability"..that's designed to create controversy, get people talking, get his name out there...and sell more books, board games and seminars.
There's lots of assets, balance sheet and off. Goodwill or intellectual property can be an asset. Relationships can be assets. Would any sensible businessman (or woman) hand over all the names in their rolodex?
Guys like Kiyosaki are just too simplified, everything gets reduced down to one or two sentence nuggets of wisdom.
It'd be like someone writing about math, and reducing a complex answer down to just "3" or "1/3" or just "t".
Debt eventually has to be paid back, good or bad. Pat hit the nail on the head that cash is king.
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