In the “Cash Flow Quadrant” the author asserts that “”A” students are “A” students simply because they made the fewest mistakes.” He goes on to suggest that in the real world, the people who take action and make the most mistakes and learn from them are the ones who are ultimately successful. As a teacher, I found this to be an interesting concept. I do often notice a fear of risk taking in class, especially in a math course where the answer is often right or wrong. I initially started thinking about how I could encourage my students to take more risks, even if they get the answer wrong. But the more I thought about it, I realized that for the most part, my “A” students are the ones who take the risks and volunteer to work problems on the board, even if they get them wrong. And they do learn from those mistakes and then tend not to repeat the mistakes on the tests and quizzes and that is why they get the higher grades. I think that Mr. Kiyosaki’s abstraction is an oversimplified generalization, popularized by the appeal of the idea that the goody goodies in school will finish last. And then there are famous cases cited which seem to prove the case, such as Edison. But I wonder if a scientific study of graded vs. future success would prove or discount this idea. What do you think?

## Archive for July 2012

### “Cash Flow Quadrant” : Interesting Hypothesis

July 13, 2012### The Cash Flow Quadrant

July 11, 2012I have decided to read the Cash Flow Quadrant by Robert T. Kiyosaki. I have had this book for several years and have never read the entire book although some of the ideas in the book have influenced financial choices I have made. For example, selling put and call options and leaning towards dividend paying companies when I purchase stocks. If you have read this book, I would like to hear your opinion or any comments you have on it. If you would like to read along with me, I would love to hear from you also!