Fisher Investments on Industrials

Overview

The Fisher Investments On series is designed to provideindividual investors, aspiring investment professionals, andstudents the tools necessary to understand and analyze investmentopportunities—primarily for investing in global stocks. Eachguide is an easily accessible primer to economic sectors, regions,or other components of the global stock market. While this guidespecifically focuses on Industrials, the basic investmentmethodology is applicable for analyzing any global ...

See more details below
Hardcover
$26.41
BN.com price
(Save 11%)$29.95 List Price
Other sellers (Hardcover)
  • All (9) from $1.99   
  • New (7) from $14.94   
  • Used (2) from $1.99   

Overview

The Fisher Investments On series is designed to provideindividual investors, aspiring investment professionals, andstudents the tools necessary to understand and analyze investmentopportunities—primarily for investing in global stocks. Eachguide is an easily accessible primer to economic sectors, regions,or other components of the global stock market. While this guidespecifically focuses on Industrials, the basic investmentmethodology is applicable for analyzing any global sector,regardless of the current macroeconomic environment.

Following a top-down approach to investing, Fisher Investmentson Industrials can help you make more informed decisions,specifically within the Industrials sector. It skillfully addresseshow to determine optimal times to invest in Industrials stocks andwhich industries and sub-industries have the potential to performwell in various environments. The global Industrials sector iscomplex, covering multiple sub-industries and countries—eachwith their own unique characteristics. Using the framework foundhere, you can discover how to identify these differences, spotopportunities, and avoid major pitfalls.

Divided into three comprehensive parts—Getting Started,Industrials Details, and Thinking Like a PortfolioManager—Fisher Investments on Industrials:

  • Discusses Industrials' main drivers—government andcorporate spending—and explains how to capitalize on a widearray of macro conditions and industry-specific events
  • Breaks down Industrials by its three industrygroups—Capital Goods, Transportation, and Commercial Services& Supplies—and walks you through their related industriesand sub-industries
  • Delves into top-down investment methodology as well asindividual security analysis
  • Provides a detailed account of global infrastructuremarkets—from ways to participate in the boom to the risksbehind investment
  • Covers the major components of the global Industrials investmentuniverse—from building products and machinery to airfreightand electrical equipment
  • Outlines a five-step process to help differentiate firms in thisfield—designed to help you identify ones with the greatestprobability of outperforming
  • Filled with in-depth insights and expert advice, FisherInvestments on Industrials provides a framework for understandingthis sector and its industries, to help you make better investmentdecisions—now and in the future. With this book as your guide,you can gain a global perspective of the Industrials sector anddiscover strategies to help achieve your investing goals.
Read More Show Less

Product Details

  • ISBN-13: 9780470452288
  • Publisher: Wiley
  • Publication date: 8/17/2009
  • Series: Fisher Investments Press Series, #5
  • Edition number: 1
  • Pages: 224
  • Product dimensions: 6.20 (w) x 9.10 (h) x 1.00 (d)

Meet the Author

Matt Schrader is an Industrials analyst for FisherInvestments. He is also a contributing columnist forMarketMinder.com. Matt is a graduate of the University ofCalifornia, San Diego. Originally from Marin County, California, hecurrently resides in San Francisco.

Andrew S. Teufel has been with Fisher Investments since1995 where he currently serves as a Co-President and the Directorof Research. Prior to joining Fisher Investments, he worked at BearStearns as a corporate finance analyst in its Global TechnologyGroup. Andrew also instructs at many seminars and educationalworkshops throughout the United States and United Kingdom, andlectures at the Haas School of Business at UC Berkeley. He is alsothe Editor in Chief of MarketMinder.com. Andrew is agraduate of UC Berkeley.

Read More Show Less

Table of Contents

Foreword.

Preface.

Acknowledgments.

Part 1: Getting Started in Industrials.

Chapter 1: Industrials Basics.

Industrials Basics.

Industrials Characteristics.

The Modern Production Process.

Chapter 2: History of Modern Manufacturing.

The Advancement of Trade and Investment.

The Rise of Asia and Changes in the Manufacturing Landscape.

The State of US Manufacturing.

Chapter 3: Industrials Sector Drivers.

Corporate Spending.

Government Spending.

Part 2: Next Steps: Industrials Details.

Chapter 4: Industrials Sector Breakdown.

Global Industry Classification Standard (GICS).

Global Industrials Benchmarks.

Capital Goods Industry Group.

Transportation.

Commercial & Professional Services.

Chapter 5: Staying Current: Tracking SectorFundamentals.

What to Watch.

Corporate and Government Spending Related Metrics.

Industry Specific Indicators.

Chapter 6: The Infrastructure Market.

A Very Big Market.

Infrastructure Investment Drivers.

Risks to Infrastructure Growth.

Participating in the Infrastructure Boom.

Part 3: Thinking Like a Portfolio Manager.

Chapter 7: The Top Down Method.

Investing Is a Science.

Einstein's Brain and the Stock Market.

The Top-Down Method.

Top-Down Deconstructed.

Managing Against a Industrials Benchmark.

Chapter 8: Security Analysis.

Make Your Selection.

A Five-Step Process.

Important Questions to Ask.

Chapter 9: Allocating your “CapitalGood”.

Strategy #1: Adding Value at the Industry Level.

Strategy #2: Adding Value at the Security Level.

Strategy #3: Industrials Sector Downturn.

How to Implement Your Strategy.

Appendix: Industrials Websites and Data Sources.

Notes.

Glossary.

About the Authors.

Index.

Read More Show Less

Customer Reviews

Be the first to write a review
( 0 )
Rating Distribution

5 Star

(0)

4 Star

(0)

3 Star

(0)

2 Star

(0)

1 Star

(0)

Your Rating:

Your Name: Create a Pen Name or

Barnes & Noble.com Review Rules

Our reader reviews allow you to share your comments on titles you liked, or didn't, with others. By submitting an online review, you are representing to Barnes & Noble.com that all information contained in your review is original and accurate in all respects, and that the submission of such content by you and the posting of such content by Barnes & Noble.com does not and will not violate the rights of any third party. Please follow the rules below to help ensure that your review can be posted.

Reviews by Our Customers Under the Age of 13

We highly value and respect everyone's opinion concerning the titles we offer. However, we cannot allow persons under the age of 13 to have accounts at BN.com or to post customer reviews. Please see our Terms of Use for more details.

What to exclude from your review:

Please do not write about reviews, commentary, or information posted on the product page. If you see any errors in the information on the product page, please send us an email.

Reviews should not contain any of the following:

  • - HTML tags, profanity, obscenities, vulgarities, or comments that defame anyone
  • - Time-sensitive information such as tour dates, signings, lectures, etc.
  • - Single-word reviews. Other people will read your review to discover why you liked or didn't like the title. Be descriptive.
  • - Comments focusing on the author or that may ruin the ending for others
  • - Phone numbers, addresses, URLs
  • - Pricing and availability information or alternative ordering information
  • - Advertisements or commercial solicitation

Reminder:

  • - By submitting a review, you grant to Barnes & Noble.com and its sublicensees the royalty-free, perpetual, irrevocable right and license to use the review in accordance with the Barnes & Noble.com Terms of Use.
  • - Barnes & Noble.com reserves the right not to post any review -- particularly those that do not follow the terms and conditions of these Rules. Barnes & Noble.com also reserves the right to remove any review at any time without notice.
  • - See Terms of Use for other conditions and disclaimers.
Search for Products You'd Like to Recommend

Recommend other products that relate to your review. Just search for them below and share!

Create a Pen Name

Your Pen Name is your unique identity on BN.com. It will appear on the reviews you write and other website activities. Your Pen Name cannot be edited, changed or deleted once submitted.

 
Your Pen Name can be any combination of alphanumeric characters (plus - and _), and must be at least two characters long.

Continue Anonymously

    If you find inappropriate content, please report it to Barnes & Noble
    Why is this product inappropriate?
    Comments (optional)