Financial guru Robert Kiyosaki and talk show host Suze Orman have taken the gloves off in a public sparring match slamming each other's investment philosophies.
The first jab in the smackdown, which has been playing out on Twitter, was taken by Mr. Kiyosaki, a proponent of real estate investing. The author of “Rich Dad, Poor Dad” bashed Ms. Orman in a Tweet on Monday by saying, “No way in hell she believes what she teaches.”
Shortly after, Ms. Orman sniped back with an all capitals Tweet: “At least, I did not lead millions of people down the path to lose all of their money in real estate as you did. Shame on you.”
(Who would you side with? Sound off in our Orman v. Kiyosaki forum)
Mr. Kiyosaki didn't stop the battle and instead tweeted back, “If we are talking about losses, how about the trillions lost through 401(k)s.”
In another tweet he defended his strategies. “Real estate flippers have lost money but I teach investing for cash flow, not capital gains.”
For their part, the two gurus have different philosophies. Mr. Kiyosaki emphasizes business and real estate investments and Mr. Orman urges consumers to pay down debt and grow sizeable nest eggs for retirement savings.
