---
title: "Meaning & Key Takeaway of: When my book 'Rich Dad's Prophecy' was…"
description: "\"When my book 'Rich Dad's Prophecy' was released in 2002, most financial newspapers and magazines trashed it because I discussed a looming stock market ..."
image: "https://sms4smile.com/quotes/i/737/robert-kiyosaki-260_because_when-my-book-rich-dad-s-prophecy-was-rel_2362052.jpg"
---

#  When my book 'Rich Dad's Prophecy' was released in 2002…

![“When my book 'Rich Dad's Prophecy' was released in 2002, most financial newspapers and magazines trashed it because I discussed a looming stock market crash.” quote by Robert Kiyosaki](https://sms4smile.com/quotes/i/737/robert-kiyosaki-260_because_when-my-book-rich-dad-s-prophecy-was-rel_2362052.jpg)   [Download](https://sms4smile.com/quotes/i/737/robert-kiyosaki-260_because_when-my-book-rich-dad-s-prophecy-was-rel_2362052.jpg) [Open image](https://sms4smile.com/quotes/i/737/robert-kiyosaki-260_because_when-my-book-rich-dad-s-prophecy-was-rel_2362052.jpg)

> “When my book 'Rich Dad's Prophecy' was released in 2002, most financial newspapers and magazines trashed it because I discussed a looming stock market crash.”

[Robert Kiyosaki](https://sms4smile.com/quotes/author/robert-kiyosaki/)

## About This Quote

This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation.

The author notes that mainstream media dismissed his book because it warned of an impending market crash.

**In simple terms:** Media rejected his warning about a crash.

Key Takeaway

Expect resistance when challenging consensus.

Themes

finance media prediction controversy

Mood

skeptical defensive

Type

analytical controversial

When to use this quote

- investment strategy
- financial education
- public speaking
- policy analysis

Key Concepts

economic cycles media bias risk assessment

Questions to Reflect On

- Why do people resist uncomfortable financial forecasts?
- How can you present dissenting economic views effectively?

A Different Perspective

Critics may overlook valid warnings due to prevailing optimism.

★ ★ ★ ★ ★   No ratings yet

[Book](https://sms4smile.com/quotes/about/book/) [Books](https://sms4smile.com/quotes/about/books/) [Dad](https://sms4smile.com/quotes/about/dad/) [Investing](https://sms4smile.com/quotes/about/investing/) [Market](https://sms4smile.com/quotes/about/market/) [Market crash](https://sms4smile.com/quotes/about/market-crash/) [Money](https://sms4smile.com/quotes/about/money/) [Newspapers](https://sms4smile.com/quotes/about/newspapers/) [Prophecy](https://sms4smile.com/quotes/about/prophecy/) [Rich dad](https://sms4smile.com/quotes/about/rich-dad/) [Stock market](https://sms4smile.com/quotes/about/stock-market/) [Stock market crash](https://sms4smile.com/quotes/about/stock-market-crash/)

## Related quotes

> [When the stock market crash, a lot of people realized that the American dream was not all it was cracked up to be. They'd…](https://sms4smile.com/quotes/dominic-balli/when-the-stock-market-crash-a-lot-of-people-realized-that-the/)

[Dominic Balli](https://sms4smile.com/quotes/author/dominic-balli/)

> [“In the 1920s, he decided that it was cheaper to drill for oil than to buy the overvalued shares of other oil companies. After…](https://sms4smile.com/quotes/daniel-yergin/in-the-1920s-he-decided-that-it-was-cheaper-to-drill-for-oil-than-to/)

[Daniel Yergin](https://sms4smile.com/quotes/author/daniel-yergin/)

> [“Because in America there is a naive belief that we are all rugged individuals and can make it on our own, stock market and…](https://sms4smile.com/quotes/captain-hank-bracker-seawater-one/because-in-america-there-is-a-naive-belief-that-we-are-all-rugged/)

Captain Hank Bracker, "Seawater One

> [I've learned that things change. The whole boy band thing almost turned into a stock market crash.](https://sms4smile.com/quotes/max-martin/i-ve-learned-that-things-change-the-whole-boy-band-thing-almost/)

[Max Martin](https://sms4smile.com/quotes/author/max-martin/)

> [“The widely mis-interpreted 1998 'meltdown' of East Asia was a financial symptom of the renewed reality: In fact, it was the first round the…](https://sms4smile.com/quotes/andr-gunder-frank/the-widely-mis-interpreted-1998-meltdown-of-east-asia-was-a-financial/)

[André Gunder Frank](https://sms4smile.com/quotes/author/andr-gunder-frank/)

> [An interesting thing happened in 1989, right as I was graduating: the stock market crashed and really changed the landscape of the art world…](https://sms4smile.com/quotes/matthew-barney/an-interesting-thing-happened-in-1989-right-as-i-was-graduating-the/)

[Matthew Barney](https://sms4smile.com/quotes/author/matthew-barney/)

> [From early Colonial days, sex life in America had been based on the custom of men supporting women. That situation reached its heyday in…](https://sms4smile.com/quotes/anita-loos/from-early-colonial-days-sex-life-in-america-had-been-based-on-the/)

[Anita Loos](https://sms4smile.com/quotes/author/anita-loos/)

> [“Not even much survives as memory. Many of the most notable names of the summer—Richard Byrd, Sacco and Vanzetti, Gene Tunney, even Charles Lindbergh—are…](https://sms4smile.com/quotes/bill-bryson/not-even-much-survives-as-memory-many-of-the-most-notable-names-of/)

[Bill Bryson](https://sms4smile.com/quotes/author/bill-bryson/)

> [“Chapter 51 In Atlanta, the day had gone mostly as Elliott had expected. The stock market crash had rattled everyone. It was a cloud…](https://sms4smile.com/quotes/a-g-riddle/chapter-51-in-atlanta-the-day-had-gone-mostly-as-elliott-had-expected/)

[A.G. Riddle](https://sms4smile.com/quotes/author/a-g-riddle/)

> [The Mexican debt crisis, Latin American debt crisis, the crises of the 1990s, the Wall Street stock market crash, and other events should have…](https://sms4smile.com/quotes/ben-bernanke/the-mexican-debt-crisis-latin-american-debt-crisis-the-crises-of-the/)

[Ben Bernanke](https://sms4smile.com/quotes/author/ben-bernanke/)

> [“from his company. After the stock market crash in 2000, Amazon went through two rounds of layoffs. But Bezos didn’t want to stop recruiting…](https://sms4smile.com/quotes/brad-stone/from-his-company-after-the-stock-market-crash-in-2000-amazon-went/)

[Brad Stone](https://sms4smile.com/quotes/author/brad-stone/)

> [The stock market crashed in October 1929. But that was not the cause of what caused the Great Depression. It was, in my opinion,…](https://sms4smile.com/quotes/milton-friedman/the-stock-market-crashed-in-october-1929-but-that-was-not-the-cause/)

[Milton Friedman](https://sms4smile.com/quotes/author/milton-friedman/)

> [The stock market crash in October 1929 didn't destroy a particularly large amount of wealth or make people highly pessimistic. Rather, it made companies…](https://sms4smile.com/quotes/christina-romer/the-stock-market-crash-in-october-1929-didn-t-destroy-a-particularly/)

[Christina Romer](https://sms4smile.com/quotes/author/christina-romer/)

> [My father was a very successful businessman, but he was ruined in the stock market crash. A big stockbroker jumped out the window and…](https://sms4smile.com/quotes/jackie-mason/my-father-was-a-very-successful-businessman-but-he-was-ruined-in-the/)

[Jackie Mason](https://sms4smile.com/quotes/author/jackie-mason/)

> [“After the stock market crash, some New York editors suggested that hearings be held: what had really caused the Depression? They were held in…](https://sms4smile.com/quotes/studs-terkel/after-the-stock-market-crash-some-new-york-editors-suggested-that/)

[Studs Terkel](https://sms4smile.com/quotes/author/studs-terkel/)

## More by Robert Kiyosaki

> [Most people put money in their piggy bank. I buy a goose that lays golden eggs over and over again. That's what an asset…](https://sms4smile.com/quotes/robert-kiyosaki/most-people-put-money-in-their-piggy-bank-i-buy-a-goose-that-lays/)

[Robert Kiyosaki](https://sms4smile.com/quotes/author/robert-kiyosaki/)

> [The benefit of living in a free society is that we all have the choice to be rich, poor, or middle class. The decision…](https://sms4smile.com/quotes/robert-kiyosaki/the-benefit-of-living-in-a-free-society-is-that-we-all-have-the/)

[Robert Kiyosaki](https://sms4smile.com/quotes/author/robert-kiyosaki/)

> [Rich dad has taught me "You can't do it" doesn't necessarily mean "you can't". It more often means "they can't".](https://sms4smile.com/quotes/robert-kiyosaki/rich-dad-has-taught-me-you-can-t-do-it-doesn-t-necessarily-mean-you/)

[Robert Kiyosaki](https://sms4smile.com/quotes/author/robert-kiyosaki/)

> [The greatest secret of winners is that failure inspires winning; thus, they are not afraid of losing.](https://sms4smile.com/quotes/robert-kiyosaki/the-greatest-secret-of-winners-is-that-failure-inspires-winning-thus/)

[Robert Kiyosaki](https://sms4smile.com/quotes/author/robert-kiyosaki/)

> [A truly intelligent person is the dumbest person on the team he is leading.](https://sms4smile.com/quotes/robert-kiyosaki/a-truly-intelligent-person-is-the-dumbest-person-on-the-team-he-is/)

[Robert Kiyosaki](https://sms4smile.com/quotes/author/robert-kiyosaki/)

> [Corporate America is a 20th-century dinosaur, trembling on the edge of extinction, and the only way for you to have a genuinely secure future…](https://sms4smile.com/quotes/robert-kiyosaki/corporate-america-is-a-20th-century-dinosaur-trembling-on-the-edge-of/)

[Robert Kiyosaki](https://sms4smile.com/quotes/author/robert-kiyosaki/)

> [If you don't like the idea that most of the money spent on lottery tickets supports government programs, you should know that most of…](https://sms4smile.com/quotes/robert-kiyosaki/if-you-don-t-like-the-idea-that-most-of-the-money-spent-on-lottery/)

[Robert Kiyosaki](https://sms4smile.com/quotes/author/robert-kiyosaki/)

> [Jobs are a centuries-old concept created during the Industrial Revolution. Despite the reality that we're now deep in the Information Age, many people are…](https://sms4smile.com/quotes/robert-kiyosaki/jobs-are-a-centuries-old-concept-created-during-the-industrial/)

[Robert Kiyosaki](https://sms4smile.com/quotes/author/robert-kiyosaki/)

> [A job is a short term solution to a long term problem](https://sms4smile.com/quotes/robert-kiyosaki/a-job-is-a-short-term-solution-to-a-long-term-problem/)

[Robert Kiyosaki](https://sms4smile.com/quotes/author/robert-kiyosaki/)

> [Excuses cost a dime and that's why the poor could afford a lot of it.](https://sms4smile.com/quotes/robert-kiyosaki/excuses-cost-a-dime-and-that-s-why-the-poor-could-afford-a-lot-of-it/)

[Robert Kiyosaki](https://sms4smile.com/quotes/author/robert-kiyosaki/)

> [In today's rapidly changing world, the people who are not taking risk are the risk takers.](https://sms4smile.com/quotes/robert-kiyosaki/in-today-s-rapidly-changing-world-the-people-who-are-not-taking-risk/)

[Robert Kiyosaki](https://sms4smile.com/quotes/author/robert-kiyosaki/)

> [For people who live in the suburbs and must commute long distances to work, their wealth will sink as energy prices rise.](https://sms4smile.com/quotes/robert-kiyosaki/for-people-who-live-in-the-suburbs-and-must-commute-long-distances-to/)

[Robert Kiyosaki](https://sms4smile.com/quotes/author/robert-kiyosaki/)

> [The strength of character and emotional intelligence to face your failures and learn from them are at the core of success.](https://sms4smile.com/quotes/robert-kiyosaki/the-strength-of-character-and-emotional-intelligence-to-face-your/)

[Robert Kiyosaki](https://sms4smile.com/quotes/author/robert-kiyosaki/)

> [The biggest trap, the biggest dungeon in life isn't laziness or bad luck, it's comfort.](https://sms4smile.com/quotes/robert-kiyosaki/the-biggest-trap-the-biggest-dungeon-in-life-isn-t-laziness-or-bad/)

[Robert Kiyosaki](https://sms4smile.com/quotes/author/robert-kiyosaki/)

> [If you had seen me back in high school, there's no way you would have ever said I would become an author or teacher…](https://sms4smile.com/quotes/robert-kiyosaki/if-you-had-seen-me-back-in-high-school-there-s-no-way-you-would-have/)

[Robert Kiyosaki](https://sms4smile.com/quotes/author/robert-kiyosaki/)

[Explore all 793 Robert Kiyosaki quotes ](https://sms4smile.com/quotes/author/robert-kiyosaki/)

## More Because quotes

> [One is a painter because one wants so-called freedom; one doesn't want to go to the office every morning.](https://sms4smile.com/quotes/marcel-duchamp/one-is-a-painter-because-one-wants-so-called-freedom-one-doesn-t-want/)

[Marcel Duchamp](https://sms4smile.com/quotes/author/marcel-duchamp/)

> [I gave my archive to Emory University because there's a really dear friend who teaches there, Rudolph Byrd, and he's the editor.](https://sms4smile.com/quotes/alice-walker/i-gave-my-archive-to-emory-university-because-there-s-a-really-dear/)

[Alice Walker](https://sms4smile.com/quotes/author/alice-walker/)

> [Because of the womb being a central phenomenon in the feminine body, the whole psychology of woman differs: she is non-aggressive, non-inquiring, non-questioning, non-doubting,…](https://sms4smile.com/quotes/rajneesh/because-of-the-womb-being-a-central-phenomenon-in-the-feminine-body/)

[Rajneesh](https://sms4smile.com/quotes/author/rajneesh/)

> [I love casting against type and doing things you wouldn't expect, because I think you get more interesting performances that way. Hollywood loves to…](https://sms4smile.com/quotes/david-s-goyer/i-love-casting-against-type-and-doing-things-you-wouldn-t-expect/)

[David S. Goyer](https://sms4smile.com/quotes/author/david-s-goyer/)

> [There were songs that we cut out after we chose the name, because 'Praise Break' turned out to be an underlying concept that I…](https://sms4smile.com/quotes/daniel-caesar/there-were-songs-that-we-cut-out-after-we-chose-the-name-because/)

[Daniel Caesar](https://sms4smile.com/quotes/author/daniel-caesar/)

> [It took me 20 years to buy an electric typewriter, because I was afraid it would be too sensitive. I like to bang the…](https://sms4smile.com/quotes/elmore-leonard/it-took-me-20-years-to-buy-an-electric-typewriter-because-i-was/)

[Elmore Leonard](https://sms4smile.com/quotes/author/elmore-leonard/)

> [I was also known as Frodo because I was an early adopter of 'The Lord of the Rings.](https://sms4smile.com/quotes/tom-perrotta/i-was-also-known-as-frodo-because-i-was-an-early-adopter-of-the-lord/)

[Tom Perrotta](https://sms4smile.com/quotes/author/tom-perrotta/)

> [I believe in taxation and health care that is outside the usual libertarian mandate, because I don't want people to have to suffer. It's…](https://sms4smile.com/quotes/neil-peart/i-believe-in-taxation-and-health-care-that-is-outside-the-usual/)

[Neil Peart](https://sms4smile.com/quotes/author/neil-peart/)

> [It's like saying French shouldn't be taught because you don't understand it because it's new. Shakespeare is just like learning a new, exciting language.](https://sms4smile.com/quotes/samuel-barnett/it-s-like-saying-french-shouldn-t-be-taught-because-you-don-t/)

[Samuel Barnett](https://sms4smile.com/quotes/author/samuel-barnett/)

> [Whether it was Little League or playing with your brothers or sisters, that was always a problem. If I would lose - because I…](https://sms4smile.com/quotes/cal-ripken-jr/whether-it-was-little-league-or-playing-with-your-brothers-or-sisters/)

[Cal Ripken, Jr](https://sms4smile.com/quotes/author/cal-ripken-jr/)

> [Sometimes, when full and in fear that I will continue to eat unwanted food just because it's staring at me, I will place my…](https://sms4smile.com/quotes/rachel-nichols/sometimes-when-full-and-in-fear-that-i-will-continue-to-eat-unwanted/)

[Rachel Nichols](https://sms4smile.com/quotes/author/rachel-nichols/)

> [I didn't want to do 'Fashion Police' because I thought, 'This is stupid, this is beneath me, who wants to talk about fashion?' It…](https://sms4smile.com/quotes/joan-rivers/i-didn-t-want-to-do-fashion-police-because-i-thought-this-is-stupid/)

[Joan Rivers](https://sms4smile.com/quotes/author/joan-rivers/)

> [I was contacted by Rajyavardhan Singh Rathore, MP, through the Pune Film Institute and offered the post in the NFDC. I accepted it for…](https://sms4smile.com/quotes/suresh-gopi/i-was-contacted-by-rajyavardhan-singh-rathore-mp-through-the-pune/)

[Suresh Gopi](https://sms4smile.com/quotes/author/suresh-gopi/)

> [I have always been a big meta guy because I think the way journalism is practiced in Washington, and the way everyone sort of…](https://sms4smile.com/quotes/mark-leibovich/i-have-always-been-a-big-meta-guy-because-i-think-the-way-journalism/)

[Mark Leibovich](https://sms4smile.com/quotes/author/mark-leibovich/)

> [There are a lot of kids out there copying and distributing movies - not because they care about seeing the movies or sharing them…](https://sms4smile.com/quotes/john-perry-barlow/there-are-a-lot-of-kids-out-there-copying-and-distributing-movies-not/)

[John Perry Barlow](https://sms4smile.com/quotes/author/john-perry-barlow/)

Browse all 15,485 Because quotes

```json
{
    "@context": "https://schema.org",
    "@graph": [
        {
            "@type": "Quotation",
            "text": "When my book 'Rich Dad's Prophecy' was released in 2002, most financial newspapers and magazines trashed it because I discussed a looming stock market crash.",
            "creator": {
                "@type": "Person",
                "name": "Robert Kiyosaki"
            },
            "isPartOf": {
                "@id": "https://sms4smile.com/quotes/#website"
            },
            "url": "https://sms4smile.com/quotes/robert-kiyosaki/when-my-book-rich-dad-s-prophecy-was-released-in-2002-most-financial/",
            "about": {
                "@type": "Thing",
                "name": "Because"
            },
            "@id": "https://sms4smile.com/quotes/robert-kiyosaki/when-my-book-rich-dad-s-prophecy-was-released-in-2002-most-financial/#quotation",
            "image": {
                "@type": "ImageObject",
                "@id": "https://sms4smile.com/quotes/i/737/robert-kiyosaki-260_because_when-my-book-rich-dad-s-prophecy-was-rel_2362052.jpg",
                "contentUrl": "https://sms4smile.com/quotes/i/737/robert-kiyosaki-260_because_when-my-book-rich-dad-s-prophecy-was-rel_2362052.jpg",
                "url": "https://sms4smile.com/quotes/i/737/robert-kiyosaki-260_because_when-my-book-rich-dad-s-prophecy-was-rel_2362052.jpg",
                "width": 1080,
                "height": 1080,
                "caption": "“When my book 'Rich Dad's Prophecy' was released in 2002, most financial newspapers and magazines trashed it…” — Robert Kiyosaki",
                "creditText": "SMS4Smile Quotes",
                "creator": {
                    "@id": "https://sms4smile.com/quotes/#organization"
                }
            }
        },
        {
            "@type": "BreadcrumbList",
            "itemListElement": [
                {
                    "@type": "ListItem",
                    "position": 1,
                    "name": "Home",
                    "item": "https://sms4smile.com/"
                },
                {
                    "@type": "ListItem",
                    "position": 2,
                    "name": "Quotes",
                    "item": "https://sms4smile.com/quotes/"
                },
                {
                    "@type": "ListItem",
                    "position": 3,
                    "name": "Robert Kiyosaki",
                    "item": "https://sms4smile.com/quotes/author/robert-kiyosaki/"
                },
                {
                    "@type": "ListItem",
                    "position": 4,
                    "name": "When my book 'Rich Dad's Prophecy'...",
                    "item": "https://sms4smile.com/quotes/robert-kiyosaki/when-my-book-rich-dad-s-prophecy-was-released-in-2002-most-financial/"
                }
            ],
            "@id": "https://sms4smile.com/quotes/robert-kiyosaki/when-my-book-rich-dad-s-prophecy-was-released-in-2002-most-financial/#breadcrumb"
        },
        {
            "@type": "WebSite",
            "@id": "https://sms4smile.com/quotes/#website",
            "name": "SMS4Smile Quotes",
            "url": "https://sms4smile.com/quotes/",
            "publisher": {
                "@id": "https://sms4smile.com/quotes/#organization"
            }
        },
        {
            "@type": "Organization",
            "@id": "https://sms4smile.com/quotes/#organization",
            "name": "SMS4Smile Quotes",
            "url": "https://sms4smile.com/quotes/",
            "logo": {
                "@type": "ImageObject",
                "url": "https://sms4smile.com/quotes/wp-content/themes/sq/assets/icons/icon-512.png",
                "width": 512,
                "height": 512
            }
        }
    ]
}
```
