Freshly Printed - allow 7 days lead
Couldn't load pickup availability
Fisher Investments on Financials
(Author), Jarred Kriz (Author)
9780470527061, Wiley
Hardback, published 19 October 2012
224 pages
23.6 x 16.3 x 2.3 cm, 0.431 kg
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. 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.
Foreword ix Preface xi Acknowledgments xv Part I Introduction 1 Chapter 1 Financials Basics 3 Financials 101 4 Financials Sector Breakdown 23 Part II Industry Group Details 31 Chapter 2 Banks 33 Banks 101 34 Types of Banks 45 Banks Industry Group Characteristics 48 Bank Regulation 53 Chapter 3 Diversified Financials 63 Capital Markets 64 Consumer Finance 76 Diversified Financial Services 80 Chapter 4 Insurance Industry Group 83 Characteristics of Insurers 84 How Do Insurance Companies Make Money? 89 How Do Insurance Companies Act? 94 Regulation 98 Chapter 5 Real Estate Industry Group 103 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 Part III Thinking Like a Portfolio Manager 121 Chapter 6 The Top-Down Method 123 Investing Is a Science 123 The Top-Down Method 126 Top-Down Deconstructed 131 Managing Against a Financials Benchmark 139 Chapter 7 Security Analysis 143 Make Your Selection 144 A Five-Step Process 145 Financials Analysis 153 Chapter 8 Financials Investing Strategies 159 Adding Value at the Sector Level 160 Adding Value at the Country or Industry Level 161 Adding Value at the Security Level 162 Appendix A: Reference Material 165 Appendix B: Derivatives 171 Appendix C: Risk-Adjusted Balance Sheet 175 Notes 179 About the Author 185 Index 187
Subject Areas: Finance & accounting [KF]
