Robert Kiyosaki Reveals the Costly Mistakes That Changed How He Invests
Want to learn from investment mistakes instead of letting the fear of failure keep you from building wealth?
Most people spend their lives trying to avoid financial mistakes.
They follow conventional advice, trust financial experts, and choose what feels safe.
But what if avoiding failure is one of the biggest mistakes an investor can make?
In this episode of The Rich Dad Show, Robert Kiyosaki, alongside Kim Kiyosaki and fellow investors and entrepreneurs, challenges the traditional approach to financial success.
Robert shares how his early experiences in the mining industry helped shape his understanding of entrepreneurship, risk, and investment opportunities.
He also discusses a gold mining venture in China that went terribly wrong.
It was an expensive failure. But Robert argues that what happened next would never have been possible without it.
Kim shares a similar lesson from a real estate investment that didn't work out—and how that experience influenced a later opportunity.
Together, they explore why investors need more than financial advice, why starting small matters, and how real-world experience can teach lessons that books and classrooms cannot.
But the conversation goes beyond learning from mistakes.
Robert and his guests challenge the way most people define assets, question conventional retirement and investment strategies, and examine why cash flow, financial education, and the people you surround yourself with can influence your financial future.
They also discuss the risks of early-stage mining investments, the importance of building a strong business team, and why some investors believe relying entirely on traditional financial institutions can leave individuals without enough control over their money.
And one investor shares a painful lesson from the 2008 real estate crash that raises an important question:
What happens when you own an investment you can no longer afford to hold?
For anyone interested in real estate, entrepreneurship, gold and silver, or building wealth outside conventional financial strategies, this episode offers a different way to think about risk and failure.
Because financial education isn't just about knowing what to do when everything goes right. It's about developing the knowledge and experience to respond when things go wrong.
The question isn't whether you'll ever make an investment mistake.
It's whether you'll learn enough from it to become a better investor.
00:00 Introduction
02:47 Commodities and Startup Risk
05:12 Adventure Mindset for Investors
08:37 Rich Dad Basics Explained
11:42 Mentors Taxes and Good Debt
16:26 Billion Dollar Mistake to Big Win
19:07 BI Triangle and Daily Learning
23:26 Debt Crisis and Financial Repression
29:11 Stock Market Has No Edge
33:39 Real Estate Mistakes and Strategy
36:23 Final Takeaways and Rebuild
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Disclaimer: The information provided in this video is for educational and informational purposes only. It should not be considered as financial advice or a recommendation to buy or sell any financial instrument or engage in any financial activity.
The content presented here is based on the speaker's personal opinions and research, which may not always be accurate or up-to-date. Financial markets and investments carry inherent risks, and individuals should conduct their own research and seek professional advice before making any financial decisions.
Cameron Long
Cameron is a seasoned CFO and CPA with 31 years in finance. He created the AI Trader's Playbook to help everyday investors use AI to find high-confidence trades — in minutes, not hours.
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Always felt sorry for the poor real dad.
It is his fault
Your winning streak can be the longest losing streak of your life.
Everybody needs somewhere they can learn, including the person everyone learns from.
Tre was right to ask for a harder opponent. Helping somebody else grow shouldn’t cost you every opportunity to grow yourself.
Correct and Mr. K always talks about learning from others. May God bless you and your family
Invest in gold grains if you can’t invest in gold kilograms.
“Never become a forced seller.” Honestly, that one line from the 2008 story could be the whole episode. Back in my Field VP years at American Express Financial Advisors, the people who got hurt worst in a downturn usually weren’t the ones holding bad assets, they were the ones with no cushion who had to sell at the worst possible moment. And I love how Robert and Kim frame the China and Florida deals: a loss is tuition if you’re still standing to use what it taught you. Start small and never put yourself in the forced-seller seat is exactly the kind of system we try to teach Gen Z advisors early.
Thank you, Robert and Kim and all the guests. I learned something more every time I listen.
The mistakes help us unlearn and to be humble always.
Thank you, Mr. R. Kiyosaki🎉.
God Abundantly Bless You.🎉
Appreciate your real financial education. 🙌 Vancouver, BC 🇨🇦
Our great home and native land.
everyone debating boxx tax mechanics just to squeeze 4.3% out of cash lol. rather capture ~37% annualized market-neutral funding spreads inside Plugsic and pay taxes gladly on 8x the net profit
It’s true starting small 😊 is good for learning.. awesome thanks 😊
Awesome shirt Mr. K
Thank you very much
The most expensive education in investing doesn’t come with a diploma. It comes with a K-1.
Biggest money mistake = slagging off your dad in preference for your mates dad, when it was your dad’s fragility that bailed you out. you admitted he had other remortgage to family home to pay off your early business debts. Your dad had your back even if you wasn’t following the same path as he did.