John Murray Learning How to Own the World: A Plain English Guide to Thinking Globally and Investing Wisely: The new edition of the life-changing personal finance bestseller

Best book ever! I wish i reas this yeara before. Helps you to plan your route to financial freedom and change your mindset. The information are really valuable. A must read for everybody who is newby to world of finance. Only drawback is too focused for people living on UK, but still very helpfull.

A must read for anyone who wants to take control of their finances. Lots of great advice, easily digestible and in, well plain English 👍. Top read for someone like myself with very limited financial knowledge I til now anyway.

This is a book that I think everyone should read. It also made me realise how lacking the general British public are about money and investing, even people who have high 6 figure salaries, highly educated and in positions of significant corporate responsibility.This is proven by the fact that 70% of ISAs in the UK are cash ISAs which in my opinion are a complete waste of time (unless you hold more than about £20k in cash) even now with interest rates back to normal levels after being ridiculously low for 15 years, investing in stocks and shares is still better.It covers the key points: Diversification, the power of compounding and that time in the markets is more important than what you pick (within reason).Good points:- explaining why inflation is really only understood by less than 1% of the population- why you will be a slave to working for the rest of your days unless you invest at least 15-20% of your income. I particularly liked his suggestion that if you can't put 15% away each month because of your mortgage then you should sell up and move! Also, buying a new car, especially on finance is just foolish.- different types of assets (Equities, bonds, property, commodities, cash, crypto etc)- Why diversification is so important- why a S&S ISA is an incredible way to build wealth, especially now given that one can save in multiple S&S ISAs in one year (I have a HL one for funds, a Vanguard one for low cost funds and a Trading212 for individual stocks and ETFs)- how to get going with investing for your future and seeing your money grow- understanding fees in investing and how they can erode gains if not considered properly- taking ownership and having an investment plan (I want have a portfolio of X amount by the time I am XX)Points I don't quite agree with:- Arguing that renting can be better than owning a property... whilst I agree that the obsession with owning a home and house prices in this country (and in the US) has created deep social and structural issues that will probably never be resolved (e.g. NIMBYism, big mortgages, house builder company CEO bonus' being +£100m), I disagree that renting is better than owning purely on the fact that when you are renting, you will always be paying the cost of ownership + profit which goes to the landlord. Provided you buy well and live in it a long time, owning your home should be a good investment although it should not be your pension.- Owning precious metals... I do follow his advice and purchase some gold each month by DD through BullionVault (although less than the % Andrew recommends) which has made a decent above inflation return over the two years I have been doing it. However I am uncomfortable with the fact that buying gold is simply storing value and there is nothing actually 'useful' that comes from it and that the mining of precious metals contributes to some pretty dire environmental and social consequences (mercury poisoning, child slave labour) that I am indirectly contributing to just to build individual wealth (compared to say investing in a company that develops cancer treatments)- Plugging his own fund... I brought some two years ago and to be honest it has gone nowhere compared to cash in a 5.5% saving fund.Something also worth bearing in mind that the last edition was written during the ~15 years of ultra low interest rates, cheap money, and Quantitative Easing... those days are gone and so some of the points in the book are no longer relevant.Overall though this book is worth its weight in gold and I have brought it for several friends and family. It has changed my outlook on money, I have moved my works DC pension contributions into more diversified and higher performing funds and have orientated my life around sticking to a long term investment plan.

I was recomended this by a very intelligent person. So I took the advice, it's becoming life changing or at least it's the catalyst for me.I see there are a some 1 star reviews, obviously written by people who were completely clued up before they read it ( I dislike the keyboard warriors ) not sure why they bought it.Anyway, I have now recommended the book to many people and they all found it insightful and educational. Unless you really are a financial wizard, I think you should give this a try and improve your situation in life. In fact I got it on Audible but decided the boof was worth it as a reference tool.

I became aware of the book via a Youtube snippet where Mary is speaking on one of the Behavior Biases! I was keen to hear the full scope of biases they had come up with and where i fit in so i purchased the full book.I would say 'Financial Joy' by Ken and Mary is an inspiring and practical guide to mastering personal finance with confidence. Okoroafor breaks down complex financial concepts into simple, actionable steps, making it accessible to everyone. His uplifting tone and real-life examples motivate readers to take control of their money and build wealth with joy. Whether you're just starting your financial journey or looking to improve, this book provides clear guidance and a positive mindset. Highly recommended for anyone seeking financial empowerment! (ps good to see you at the book launch)