Fisher Investments on Industrials Book

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 Sector Fundamentals.

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 “Capital Good”.

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.