LEADER 00000cam a2200685Ia 4500 001 842430743 003 OCoLC 005 20240129213017.0 006 m o d 007 cr unu|||||||| 008 130510s2012 njua ob 001 0 eng d 020 9781118234013 020 1118234014 029 1 NZ1|b15407263 035 (OCoLC)842430743 037 CL0500000215|bSafari Books Online 040 UMI|beng|epn|cUMI|dCNSPO|dYDXCP|dOCLCQ|dOCLCF|dOCLCQ|dZ5A |dUAB|dAU@|dC6I|dUKAHL|dOCLCO|dOCLCQ|dOCLCO 049 INap 082 04 332.1 082 04 332.1|223 099 eBook O’Reilly for Public Libraries 245 00 Fisher Investments on financials /|cFisher Investments ; with Jarred J. Kriz.|h[O'Reilly electronic resource] 260 Hoboken, N.J. :|bFisher Investments Press,|c©2012. 300 1 online resource (1 volume) :|billustrations. 336 text|btxt|2rdacontent 337 computer|bc|2rdamedia 338 online resource|bcr|2rdacarrier 490 1 Fisher Investments on series 504 Includes bibliographical references and index. 505 00 |tForeword --|tUsing Your Financials Guide --|gPart I.|t: Introduction --|g1.|t: Financials Basics --|tFinancials 101 --|tThe Largest Sector --|tA More Volatile Sector -- |tMore "Value" Than "Growth" --|tHighly Leveraged -- |tInterest Rate Sensitivity --|tNot Cyclical, Yet Not Defensive --|tHeavily Regulated --|tReliant on Other People's Money (OPM) --|tFinancials Sector Breakdown -- |tGlobal Industry Classification Standards (GICS) -- |tGlobal Financials Benchmarks --|tFixed Income Benchmarks --|tSector Benchmarks --|gPart II.|t: Industry Group Details --|g2.|t: Banks 505 00 |tBanks 101What Is a Bank --|tHow Do Banks Make Money -- |tFinancial Services Have Been Commoditized --|tTypes of Banks --|tBanks Industry Group Characteristics --|tSize: Banks Is Market-Like --|tStyle: Banks Are Value --|tBanks Can Be Volatile --|tBanks Are Sensitive to Certain Economic Conditions --|tBank Regulation --|tThe Basel Committee --|tLiquidity --|tInterbank Lending Rates --|g3. |t: Diversified Financials --|tCapital Markets --|tAsset Managers & Custody Banks --|tInvestment Banking & Brokerage --|tBrokerage --|tDiversified Capital Markets -- |tConsumer Finance --|tDiversified Financial Services -- |g4.|t: Insurance Industry Group 505 00 |tCharacteristics of InsurersThe Makeup of an Insurance Company --|tHow Do Insurance Companies Make Money -- |tPremiums --|tHard and Soft Markets --|tInvestment Income --|tFee Income --|tExpenses --|tHow Do Insurance Companies Act --|tDrivers --|tLife and Health --|tProperty and Casualty --|tRegulation --|tRatios --|tUS Regulation -- |tSolvency II (Europe) --|tThe International Association of Insurance Supervisors --|g5.|t: Real Estate Industry Group --|tWhat Is a REIT --|tInvestable REITs --|tTaxes -- |tEquity, Mortgage or Hybrid --|tREIT Characteristics -- |tREITs Are Value --|tREITs Are Small --|tDividends -- |tSupply and Demand --|tProperty Prices 505 00 |tREITs Are Defensive-ishREITs Are Interest-Rate Sensitive --|tREITs in Detail-Mortgage and Equity REITs --|tMortgage REITs --|tA Representative Example: Annaly Capital Management --|tIf mREITs Act Like MBS, Then What Drives MBS' Total Return --|tEquity REIT Sub-Industries -- |tRetail REITs --|tOffice REITs --|tResidential REITs -- |tIndustrial REITs --|tDiversified REITs --|tSpecialized REITs --|tUnique Measurements for REITs --|tFunds From Operations (FFO) --|tNet Asset Value (NAV) --|tNet Operating Income (NOI) --|tCap Rates --|gPart III.|t: Thinking Like a Portfolio Manager --|g6.|t: The Top-Down Method --|tInvesting Is a Science 505 00 |tEinstein's Brain and the Stock MarketThe Top-Down Method --|tTop-Down Means Thinking 70-20-10 --|tBenchmarks -- |tTop-Down Deconstructed --|tStep 1: Analyze Portfolio Drivers and Country and Sector Selection --|tStep 2: Quantitative Factor Screening --|tStep 3: Stock Selection --|tManaging Against a Financials Benchmark --|g7.|t: Security Analysis --|tMake Your Selection --|tA Five-Step Process --|tStep 1: Understand Business and Earnings Drivers --|tStep 2: Identify Strategic Attributes --|tStep 3: Analyze Fundamental and Stock Price Performance -- |tStep 4: Identify Risks --|tStep 5: Analyze Valuations and Consensus Expectations 520 "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"- -|cProvided by publisher. 520 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. 588 0 Print version record. 590 O'Reilly|bO'Reilly Online Learning: Academic/Public Library Edition 650 0 Financial services industry. 650 0 Finance. 650 0 Investments. 650 2 Investments 650 6 Services financiers. 650 6 Finances. 650 6 Investissements. 650 7 finance.|2aat 650 7 Finance|2fast 650 7 Financial services industry|2fast 650 7 Investments|2fast 700 1 Kriz, Jarred J. 710 2 Fisher Investments. 776 08 |iPrint version:|tFisher Investments on financials. |dHoboken, New Jersey : Fisher Investments Press, [2012] |z9780470527061|w(DLC) 2012016761|w(OCoLC)744299256 830 0 Fisher Investments on series. 856 40 |uhttps://ezproxy.naperville-lib.org/login?url=https:// learning.oreilly.com/library/view/~/9781118234013/?ar |zAvailable on O’Reilly for Public Libraries 938 Askews and Holts Library Services|bASKH|nAH21629617 938 Askews and Holts Library Services|bASKH|nAH21628901 938 YBP Library Services|bYANK|n9594362 938 YBP Library Services|bYANK|n12671286 994 92|bJFN