Schrader / Teufel Fisher Investments on Industrials

1. Auflage 2009
ISBN: 978-0-470-53095-5
Verlag: John Wiley & Sons
Format: PDF
Kopierschutz: Adobe DRM (»Systemvoraussetzungen)

E-Book, Englisch, 224 Seiten, E-Book

Reihe: Fisher Investments Press

The fourth installment of the Fisher Investments On seriesis a comprehensive guide to understanding and analyzing investmentopportunities within the global Industrials sector. FisherInvestments on Industrials can help you quickly become familiarwith this highly diversified sector, how the sector is segmented byindustries, their respective macroeconomic drivers, and thechallenges facing Industrials firms.
This reliable guide skillfully addresses how to determineoptimal times to invest in Industrials stocks, and which industriesand sub-industries have the potential to perform well in variousenvironments. The global Industrials sector is complex, including avariety of sub-industries and countries--each with their ownunique characteristics. Using the framework found here, you'lldiscover how to identify these differences, spot opportunities, andavoid major pitfalls.
Fisher Investments on Industrials:
* Discuses industry fundamentals, drivers, attributes, andpotential challenges
* Profiles each of the Industrials sector's sub-industries,broken down by industry group: Capital Goods, Transportation, andCommercial Services & Supplies
* Delves into a top-down investment methodology as well asindividual security analysis
led with in-depth insights and expert advice, FisherInvestments on Industrials provides a framework forunderstanding this sector and can help you make better investmentdecisions--now and in the future. With this book as yourguide, you can quickly gain a global perspective of investing withregard to Industrials.
For more information visitwww.industrials.fisherinvestments.com

Autoren/Hrsg.

Schrader, Matt

Teufel, Andrew

Inhaltsverzeichnis

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.

Über Autor(innen)

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.