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Fisher Investments on Financials
Buch von Fisher Investments
Sprache: Englisch

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Beschreibung
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.
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.
Über den Autor

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.

Inhaltsverzeichnis
Foreword ix

Preface xi

Acknowledgments xv

Part I Introduction 1

Chapter 1 Financials 101 4

Financials Sector Breakdown 23 Financials Basics 3

Part II Industry Group Details 31

Chapter 2 Banks 101 34

Types of Banks 45

Banks Industry Group Characteristics 48

Bank Regulation 53 Banks 33

Chapter 3 Capital Markets 64

Consumer Finance 76

Diversified Financial Services 80 Diversified Financials 63

Chapter 4 Characteristics of Insurers 84

How Do Insurance Companies Make Money? 89

How Do Insurance Companies Act? 94

Regulation 98 Insurance Industry Group 83

Chapter 5 What Is a REIT? 105

REIT Characteristics 108

A Representative Example: Annaly Capital Management 112

Equity REIT Sub-Industries 115

Unique Measurements for REITs 118 Real Estate Industry Group 103

Part III Thinking Like a Portfolio Manager 121

Chapter 6 Investing Is a Science 123

The Top-Down Method 126

Top-Down Deconstructed 131

Managing Against a Financials Benchmark 139 The Top-Down Method 123

Chapter 7 Make Your Selection 144

A Five-Step Process 145

Financials Analysis 153 Security Analysis 143

Chapter 8 Adding Value at the Sector Level 160

Adding Value at the Country or Industry Level 161

Adding Value at the Security Level 162 Financials Investing Strategies 159

Appendix A: Reference Material 165

Appendix B: Derivatives 171

Appendix C: Risk-Adjusted Balance Sheet 175

Notes 179

About the Author 185

Index 187
Details
Erscheinungsjahr: 2012
Fachbereich: Betriebswirtschaft
Genre: Wirtschaft
Rubrik: Recht & Wirtschaft
Medium: Buch
Seiten: 224
Inhalt: 224 S.
ISBN-13: 9780470527061
ISBN-10: 0470527064
Sprache: Englisch
Herstellernummer: 14552706000
Einband: Gebunden
Autor: Fisher Investments
Hersteller: John Wiley & Sons
Maße: 235 x 157 x 16 mm
Von/Mit: Fisher Investments
Erscheinungsdatum: 12.09.2012
Gewicht: 0,475 kg
preigu-id: 106900298
Über den Autor

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.

Inhaltsverzeichnis
Foreword ix

Preface xi

Acknowledgments xv

Part I Introduction 1

Chapter 1 Financials 101 4

Financials Sector Breakdown 23 Financials Basics 3

Part II Industry Group Details 31

Chapter 2 Banks 101 34

Types of Banks 45

Banks Industry Group Characteristics 48

Bank Regulation 53 Banks 33

Chapter 3 Capital Markets 64

Consumer Finance 76

Diversified Financial Services 80 Diversified Financials 63

Chapter 4 Characteristics of Insurers 84

How Do Insurance Companies Make Money? 89

How Do Insurance Companies Act? 94

Regulation 98 Insurance Industry Group 83

Chapter 5 What Is a REIT? 105

REIT Characteristics 108

A Representative Example: Annaly Capital Management 112

Equity REIT Sub-Industries 115

Unique Measurements for REITs 118 Real Estate Industry Group 103

Part III Thinking Like a Portfolio Manager 121

Chapter 6 Investing Is a Science 123

The Top-Down Method 126

Top-Down Deconstructed 131

Managing Against a Financials Benchmark 139 The Top-Down Method 123

Chapter 7 Make Your Selection 144

A Five-Step Process 145

Financials Analysis 153 Security Analysis 143

Chapter 8 Adding Value at the Sector Level 160

Adding Value at the Country or Industry Level 161

Adding Value at the Security Level 162 Financials Investing Strategies 159

Appendix A: Reference Material 165

Appendix B: Derivatives 171

Appendix C: Risk-Adjusted Balance Sheet 175

Notes 179

About the Author 185

Index 187
Details
Erscheinungsjahr: 2012
Fachbereich: Betriebswirtschaft
Genre: Wirtschaft
Rubrik: Recht & Wirtschaft
Medium: Buch
Seiten: 224
Inhalt: 224 S.
ISBN-13: 9780470527061
ISBN-10: 0470527064
Sprache: Englisch
Herstellernummer: 14552706000
Einband: Gebunden
Autor: Fisher Investments
Hersteller: John Wiley & Sons
Maße: 235 x 157 x 16 mm
Von/Mit: Fisher Investments
Erscheinungsdatum: 12.09.2012
Gewicht: 0,475 kg
preigu-id: 106900298
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