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Fisher Investments on Materials

ISBN: 978-0-470-62181-3

December 2009

256 pages

Description
  • An in-depth look at the global Materials sector investment universe, including gold and other metals, chemicals, paper, cement, and more
  • Tips and tools for security analysis and portfolio management
  • A useful guide for investing in any market condition

FISHER INVESTMENTS on MATERIALS

The Fisher Investments on series is designed to provide individual investors, aspiring investment professionals, and students 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 focuses on the Materials sector, 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 Materials can help you make more informed decisions within today's dynamic Materials sector. It skillfully addresses how to determine the better times to invest in Materials stocks, and which materials industries and sub-industries have the potential to perform well in various environments. The global Materials sector is complex, covering multiple sub-industries and countries—each with unique characteristics. Using the framework found here, you can discover how to identify these differences, spot opportunities, and avoid major pitfalls.

Divided into three comprehensive parts—Getting Started, Materials Details, and Thinking Like a Portfolio Manager—Fisher Investments on Materials:

  • Covers the entire Materials universe—from metals and mining to chemicals, construction materials, and paper
  • Discusses Materials' main drivers—basic materials prices—and provides eight simple questions to help you form an educated opinion on Materials stocks
  • Takes you through the fifteen sub-industries within the global Materials sector and reveals how they operate
  • Addresses issues unique to Materials stocks—from the importance of emerging markets demand to the effects of supply shortages
  • Delves into top-down investment methodology as well as individual security analysis
  • Outlines a five-step process to help differentiate firms in this field—designed to help you identify ones with the greatest probability of outperforming

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

About the Author

Fisher Investments is a respected investment management company which serves the needs of investors demanding superior performance, low fees and exceptional service.?With over $45 billion under management, its clients include Fortune 500 companies, foundations and endowments, as well as thousands of high net worth investors. Unlike many money management firms who typically have little contact with individual investors, Fisher Investments' Private Client Group was specifically created to allow?the investment management company to deliver institutional-level capabilities to high net worth individuals.

Brad W. Pyles (San Francisco, California) graduated from UCLA with a BA in Business Economics and a Minor in Mathematics. He regularly presents to audiences at investing seminars across the country and currently works as a Research Analyst at Fisher Investments with a focus on Materials and macroeconomic strategy.?Originally from Honolulu, he now lives in San Francisco with his wife. He has been with Fisher Investments since 2001.

Andrew S. Teufel (Woodside, CA) is Co-President and Director of Research at Fisher Investments. He has been with Fisher Investments since 1995 and has been a member of the Investment Policy Committee since 1996. He is responsible for the supervision of the firm's research department. Prior to joining the firm, he worked at Bear, Stearns & Co. Inc. as a Corporate Finance Analyst in its Global Technology Group.

Features
Divided into three comprehensive parts—Getting Started, Materials Details, and Thinking Like a Portfolio Manager—Fisher Investments on Materials:
  • Covers the entire Materials universe—from metals and mining to chemicals, construction materials, and paper

  • Discusses Materials' main drivers—basic materials prices—and provides eight simple questions to help you form an educated opinion on Materials stocks

  • Takes you through the fifteen sub-industries within the global Materials sector and reveals how they operate

  • Addresses issues unique to Materials stocks—from the importance of emerging markets demand to the effects of supply shortages

  • Delves into top-down investment methodology as well as individual security analysis

  • Outlines a five-step process to help differentiate firms in this field—designed to help you identify ones with the greatest probability of outperforming