Fisher Investments on Financials

1. Auflage 2012
ISBN: 978-0-470-52706-1
Verlag: Wiley

Buch, Englisch, 196 Seiten, Format (B × H): 157 mm x 235 mm, Gewicht: 475 g

Reihe: Fisher Investments Press

The easy-to-use resource for anyone looking to learn more about the financial sector and how to make the most of it

The Fisher Investments On series is designed to provide individual investors, students, and aspiring investment professionals with the tools necessary to understand and analyze investment opportunities--primarily for investing in global stocks. Each guide is an easily accessible primer to economic sectors, regions, or other components of the global stock market. While this guide is specifically on Financials, the basic investment methodology is applicable for analyzing any global sector, regardless of the current macroeconomic environment.

Following a top-down approach to investing, Fisher Investments on Financials can help you make more informed decisions within the Financials sector. It skillfully addresses how to determine optimal times to invest in Financials stocks and which Financials industries have the potential to perform well in various environments. The book is divided into three comprehensive parts--Getting Started, Financials Details, and Thinking Like a Portfolio Manager.
* Explains some of the sector's key macro drivers--like regulation, interest rates, and credit trends
* Shows how to capitalize on a wide array of macro conditions and industry-specific features to help you form an opinion on each of the industries within the sector
* Takes you through the major components of the industries within the global Financials sector and reveals how they operate
* Offers investment strategies to help you determine when and how to overweight specific industries within the sector
* Outlines a five-step process to help differentiate firms in this field--designed to help you identify those with the greatest probability of outperforming

Filled with in-depth insights, Fisher Investments on Financials provides a framework for understanding this sector and its industries to help you make better investment decisions--now and in the future. With this book as your guide, you can gain a global perspective of the Financials sector and discover strategies to help achieve your investing goals.

Autoren/Hrsg.

Kriz, Jarred

Fachgebiete

• Wirtschaftswissenschaften Finanzsektor & Finanzdienstleistungen Bankwirtschaft
• Wirtschaftswissenschaften Volkswirtschaftslehre Internationale Wirtschaft Internationale Finanzmärkte
• Wirtschaftswissenschaften Finanzsektor & Finanzdienstleistungen Börse, Rohstoffe
• Wirtschaftswissenschaften Finanzsektor & Finanzdienstleistungen Internationale Finanzmärkte
• Wirtschaftswissenschaften Betriebswirtschaft Unternehmensfinanzen Finanzierung, Investition, Leasing
• Wirtschaftswissenschaften Finanzsektor & Finanzdienstleistungen Finanzsektor & Finanzdienstleistungen: Allgemeines
• Wirtschaftswissenschaften Finanzsektor & Finanzdienstleistungen Anlagen & Wertpapiere

Inhaltsverzeichnis

Foreword

Preface

Acknowledgments

Part 1: Introduction

Chapter 1: Financials Basics

Financials 101

Financials Sector Breakdown

Part 2: Industry Group Details

Chapter 2: Banks

Bank 101

Types of Banks

Banking Industry Group Characteristics

Bank Regulation

Chapter 3: Diversified Financials

Capital Markets

Chapter 4: Insurance Industry Group

Characteristics of Insurers

How Do Insurance Companies Make Money?

How Do Insurance Companies Act?

Regulation

Chapter 5: Real Estate Industry Group

Part 3: Thinking like a Portfolio Manager

Chapter 6: The Top-Down Method

Investing Is a Science

The Top-Down Method

Top-Down Deconstructed

Managing Against a Financials Benchmark

Chapter 7: Security Analysis

A Five-Step Process

Financials Analysis

Chapter 8: Financials Investing Strategies

Adding Value at the Sector Level

Adding Value at the Country or Industry Level

Adding Value at the Security Level

Appendix A: Reference Material

Appendix B: Derivatives

Credit Default Swaps

Other

Notes

About the Authors

Index

Über Autor(innen)

Kriz, Jarred
JARRED J. KRIZ has been in the financial ser-vices industry since 1997, with experience in the banking, investment banking, brokerage, and asset management fields. He regularly presents to audiences at investing workshops across the country and currently works as a Senior Capital Markets Research Analyst at Fisher Investments with a focus on the Financials sector and macroeconomic strategy.

JARRED J. KRIZ has been in the financial ser-vices industry since 1997, with experience in the banking, investment banking, brokerage, and asset management fields. He regularly presents to audiences at investing workshops across the country and currently works as a Senior Capital Markets Research Analyst at Fisher Investments with a focus on the Financials sector and macroeconomic strategy.

About Fisher Investments Press
Fisher Investments Press brings the research, analysis, and market intelligence of Fisher Investments' research team, headed by CEO and New York Times bestselling author Ken Fisher, to all investors. The Press covers a range of investing and market-related topics for a wide audience-from novices to enthusiasts to professionals.