Best-seller author Robert T. Kiyosaki, in his book Rich Dad's Guide to Investing: What the Rich Invest in, That the Poor and the Middle Class Do Not!, narrates the story of how he managed to become a successful multi-millionaire investor, starting with as little as $3000 saved on his bank account.
In the book, he shares with us the teachings and counseling his rich dad gave him, which led him to being able to retire at the age of 47, while his multiple businesses kept on bringing him abundant cashflow, still up to these days.
These are the books (and other resources) recommended by Robert Kiyosaki in this book:
This is the first book published by Robert Kiyosaki, co-authored with Sharon Lechter. It's referenced through the whole book repeated times, same as the next one. In Rich Dad Poor Dad, Robert narrates the teachings from his rich dad given to him during his childhood, while on Rich Dad's Guide to Investing shared the teachings since the time he was 25.
This is the second book published by Robert Kiyosaki, again co-authored with Sharon Lechter. It's referenced through the whole book repeated times, same as the previous one. Rich Dad's Guide to Investing uses the cashflow quadrant a lot (this book focuses on this), and expands on the investor levels explained here.
CASHFLOW 101Robert Kiyosaki recommends this board game (nowadays there's a video game version) that he created with the intention to infuse people with the basic knowledge about investment and accounting that is absolutely required to become successful in finances, while simply having fun playing the game.
CASHFLOW 202This is a second version of Robert's board game CASHFLOW, which expands on the first in several ways, such as adding the option to invest in the stock market with several strategies that sophisticated investors use, and also making it more realistic.
What Works on Wall Street: The Classic Guide to the Best-Performing Investment Strategies of All TimeRobert mentions and quotes this book, authored by James O'Shaughnessy, on Chapter 8 of Rich Dad's Guide to Investing, and then again on Chapter 25. He recommends it saying that it's perfectly suited for people that believe that investing is too hard or dangerous, and puts emphasis on O'Shaughnessy's realization that a proven, mechanical investing method will outperform most investors that base their strategies on intuition.
This is a now rare audio training program that Robert Kiyosaki co-authored together with his accountant Diane Kennedy, composed of four cassette tapes (I couldn't find any modern format for it) and a workbook. He recommends it on Chapter 16 of his book, for those that want to learn how to handle money in the way rich people do, and to find their way to financial freedom.
The Warren Buffett WayIn Chapter 17, Kiyosaki leads his readers to this book, written by Robert Hagstrom, that tells the life story and philosophy of Warren Buffet as one of the best investors in the world. Robert Kiyosaki mentions how Buffet's company Berkshire Hathaway was one of his biggest investment mistake ever, but he heroically managed to turn the situation around and became extremely rich thanks to it.
Robert recommends this audio program he created and published on Nightingale Conant, by the end of Chapter 17, consisting of six cassette tapes (nowadays, it's available in CD format) and a workbook. He says this program will help us with overcoming the fear of failure as well as the fear of taking risks.
This book, written by James Dale Davidson and Lord William Rees-Mogg, is one of the books that Robert Kiyosaki admits has greatly changed the way he invests and the way he looks into the future. You can find this recommendation on Chapter 18.
This book, also written by James Dale Davidson and William Rees-Mogg, is the second of the books that Robert Kiyosaki admits has greatly changed the way he invests and the way he looks into the future. You can find his recommendation for this one on Chapter 18.
And this is the third book that Robert said has greatly changed the way he invests and the way he looks into the future, again written by James Dale Davidson and William Rees-Mogg. Same as the other two previous ones, this recommendation appears on Chapter 18.
Still in Chapter 18, we find this recommendation that Robert makes, saying about this book that even though he disagrees with the idea it contains that just anyone can get rich by saving the most they can, he enjoyed reading it and liked what it says about the importance of frugality. The authors are Thomas J. Stanley and William D. Danko.
The Millionaire MindAnother book written by Thomas J. Stanley (same author as The Millionaire Next Door), which Robert mentions on Chapter 19. About this one, Robert said that the author did an investigation and he found out that there seems to be no relation between good grades in admissions exams, school grades and the amount of income.
This book is authored by Thomas L. Friedman. Robert recommends it on Chapter 23, to the readers who are interested in gaining an understanding of nowadays' global business era, where technology allows the automation of huge movements of capital in virtually no time; and how that can greatly impact the economies of entire countries.
How to Be RichRobert Kiyosaki refers to this book written by J. Paul Getty, one of the first billionaires in the world, at the beginning of Chapter 30. He only says about this book that Getty's first rule is to be in a business only because of oneself, not for anyone else, as we won't ever get rich by working for someone else.
Written by Michael A. Lechter, the husband of Sharon Lechter (co-author of Rich Dad's Guide to Investing), this book is recommended by Robert on Chapter 35. On it, he says the book analyzes the different intellectual property mechanisms available and how we can make use of them to protect our ideas and products.
This book contains a thorough list of the broking and investment banking firms in North America (both the United States and Canada), by the time it was published. Kiyosaki, on Chapter 40, refers his readers to this guide to look for specialized professional advice about bringing their business to the public market.
Robert mentions this book, written by Joseph A. Schumpeter, by the end of his Guide to Investing, in the Conclusion chapter. The main idea on the book that Robert points out is that capitalism is creative destruction... where new and more effective products and services replace older and ineffective ones, so only the stronger and more efficient ones will survive.
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