The Magic Café
Username:
Password:
[ Lost Password ]
  [ Forgot Username ]
The Magic Cafe Forum Index » » Not very magical, still... » » Cashflow and Rich Dad, Poor Dad (0 Likes) Printer Friendly Version

 Go to page [Previous]  1~2
Slide
View Profile
Special user
533 Posts

Profile of Slide
"The student in question already had one degree in those fields and was subsequently unable to find employment in either. Did he really need a graduate degree from Duke, and spend 10s of $1000s on it, just so that he could remain unemployed?"

No. I'd say that if he graduated from Duke and he is currently unemployed, that says more about your friend than the degree they took.

Like anything: much more important than your degree is who you know. That is the number one criteria for getting a good job. My son graduated NYU with an economics degree. He has a great job working in the digital marketing industry because I was able to help him get the job through my contracts.

It ain't what you know, it is who you know.
balducci
View Profile
Loyal user
Canada
230 Posts

Profile of balducci
Yes, English and History are both very important. I never claimed otherwise.

Again, my point is that if avoiding debt is a main concern in your life ... then it would probably be better to study something a little more marketable early on. (English and History can still be studied to one's heart's content on the side, or as a minor.)

The student in question already had one degree in those fields and was subsequently unable to find employment in either. Did he really need a graduate degree from Duke, and spend 10s of $1000s on it, just so that he could remain unemployed?
Make America Great Again! - Trump in 2020 ... "We're a capitalistic society. I go into business, I don't make it, I go bankrupt. They're not going to bail me out. I've been on welfare and food stamps. Did anyone help me? No." - Craig T. Nelson, actor.
balducci
View Profile
Loyal user
Canada
230 Posts

Profile of balducci
Quote:
On 2013-06-12 14:35, Slide wrote:
"The student in question already had one degree in those fields and was subsequently unable to find employment in either. Did he really need a graduate degree from Duke, and spend 10s of $1000s on it, just so that he could remain unemployed?"

No. I'd say that if he graduated from Duke and he is currently unemployed, that says more about your friend than the degree they took.

He's not my friend. He's the (former) student mentioned in the article General_Magician posted.

BTW, you can read much, much more about him here:

http://www.kenilgunas.com/
Make America Great Again! - Trump in 2020 ... "We're a capitalistic society. I go into business, I don't make it, I go bankrupt. They're not going to bail me out. I've been on welfare and food stamps. Did anyone help me? No." - Craig T. Nelson, actor.
Slide
View Profile
Special user
533 Posts

Profile of Slide
"Again, my point is that if avoiding debt is a main concern in your life ... then it would probably be better to study something a little more marketable early on. "

I don't see how. What is a marketable degree as an undergraduate? What degrees do you think are more marketable than others?

In my entire working life, I've never been asked what my major is.

And none of this has to do with staying out of debt. I can point to lots of teachers who have no debt and lots of engineers who have tons. Debt is not a factor of your undergraduate degree.

College (in my opinion) has absolutely nothing to do with preparing you for a job (nor should it). College is where you make the contacts you need that will help you get a job when you get out. Contacts are VASTLY more important than whatever degree you get
MobilityBundle
View Profile
Regular user
Las Vegas/Boston
120 Posts

Profile of MobilityBundle
As for the original question, I haven't read Kawasaki's book, although I too am aware of its mixed reviews.

It probably couldn't hurt to read it (or any book in this category), but with a critical eye. If he says something that makes sense, and withstands the scrutiny of research, by all means... act on it.

But there are very few certainties in investments -- at least if one expect to make more than 3-4% (or whatever the going rate on CDs is these days). If this or any book tells you the way to riches involves simply investing in such-and-such, then it's probably too simplistic. And to be sure, "simplistic" doesn't mean bad. It just means that there are probably other ways for the investment to go wrong (or other conditions required for the investment to go right) that the book doesn't identify.

FWIW, I disagree with categorical statements like "never go into debt," or even "you'll never succeed in the rat race." Although I'm not exactly sure what all "the rat race" is, but I'm pretty sure I'm in it and doing reasonably well. (In fact, that has a lot to do with why I've been absent from this forum for these many months; good to see a few familiar faces still here.)
Slide
View Profile
Special user
533 Posts

Profile of Slide
I will tell you what I think a useless degree is: an MBA.

Unless you are graduating from Stamford, Stern, Harvard or other top tier school, an MBA is a waste of money. And the reason being: again the contacts you get.

That is why something like a Phoenix University MBA or night school MBA are not worth the money it costs to print the degree: no contacts.

As far as my Theater degree is concerned, it actually came in quite handy in my career: I speak in front of thousands of people and I'm very used to performing and know how to project my voice. The writing skills I learned as part of the English department helped me get jobs writing for magazines and trade publications which is what really boosted my career.
The Magic Cafe Forum Index » » Not very magical, still... » » Cashflow and Rich Dad, Poor Dad (0 Likes)
 Go to page [Previous]  1~2
[ Top of Page ]
All content & postings Copyright © 2001-2021 Steve Brooks. All Rights Reserved.
This page was created in 0.12 seconds requiring 5 database queries.
The views and comments expressed on The Magic Café
are not necessarily those of The Magic Café, Steve Brooks, or Steve Brooks Magic.
> Privacy Statement <

ROTFL Billions and billions served! ROTFL