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Bitcoin Fan Robert Kiyosaki Uses ‘Black Swan’ Author Terms to Explain Benefits of Lockdown

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Sat, 16/05/2020 - 10:05
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Bitcoin Fan Robert Kiyosaki Uses ‘Black Swan’ Author Terms to Explain Benefits of Lockdown
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Robert Kiyosaki is a famous real-estate investor. But for many more he is known as the author of the ‘Rich Dad, Poor Dad’ book.

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Kiyosaki has recently proved to be a major Bitcoin fan. He also has been investing in safe haven assets – gold and silver – since the previous financial crisis in 2008-2009 (the year of Bitcoin white paper appearance).

Apart from that, Robert Kiyosaki is a vocal non-believer in the necessity of the current global lockdown caused by the global issues in China that impacted the economy around the world.

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However, he believes that the lockdown can be beneficial for some people and he cites writer Nassim Nicholas Taleb, the creator of the Black Swan theory and a book of the same title.

Robert Kiyosaki has turned to another Taleb’s book called ‘Antifragile’. The ‘Rich Dad, Poor Dad’ author recalls the three types of personalities described by Taleb in this book – fragile, robust and antifragile ones.

Since fragile people are easily broken by stressful situations and crises, robust people do not change, it is antifragile people, tweets Kiyosaki, that will emerge after the current lockdown and financial recession much stronger and richer than when they went into it.

Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.

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