Identify and invest in the world’s best performing companies
In Global Investing: A Practical Guide to the World’s Best Financial Opportunities, veteran portfolio manager Darrin Erickson walks readers through how to best analyze, understand, and invest in leading global businesses. In the book, you’ll discover how you can improve the performance of your investment portfolio by taking advantage of opportunities that exist outside of the borders of the country you happen to inhabit.
The author discusses how to identify and make investments around the world in effective and efficient ways, and how to successfully manage the risks associated with investing in a foreign country. You’ll also find:
- Relevant information about key stock markets around the world
- Insights into the underlying dynamics of the world’s major global industries
- Fulsome discussions on how to evaluate companies within each global industry
- Advice on how to construct a portfolio of global stocks that will help you to build wealth and protect it during times of stock market weakness
- Descriptions of free and paid tools that belong on the radar of every successful global investor
An indispensable and accessible resource for investors with a desire to engage with the world’s financial markets, Global Investing is a must-read handbook for any investor seeking to expand their horizons beyond their own country’s borders.
Author(s): Darrin Erickson
Series: Wiley Trading
Publisher: Wiley
Year: 2022
Language: English
Pages: 352
City: Hoboken
Cover
Title Page
Copyright Page
Contents
Preface
Acknowledgments
About the Author
About the Contributors
Introduction
Part I Building Wealth Through Business Ownership
Chapter 1 Own Good Businesses
Business Ownership
Active versus Passive Investing
The Pitfalls of Investing
Characteristics of a Good Business
Own the Best and Leave the Rest
Part II The Global Investment Opportunity
Chapter 2 The GlobalEconomy
Global Economic Evolution
The Digital Economy
Economic Growth Rates
Wealth Creation
Effects of Wealth Creation
Global Scope Provides Flexibility
Chapter 3 Global Trade
Advancements in Global Shipping
Air Freight
Trends in Global Trade
Global Trade Routes
Trade Agreements
Intergovernmental Organizations
Supply Chains
Chapter 4 The Global Financial Markets
Global Financial Markets
Global Equity Markets
Initial Public Offerings
Financial Market Interaction
Credit Spreads
Currency Markets
Part III Risks of Investing Globally
Chapter 5 Market Cycle Risk
Economic Cycles
Market Cycles
Market Contagions
Bear Market Warning Signs
Bear Market Bottoms
Managing Cycle Risk
Chapter 6 Currency Risk
Currency Market Overview
Exchange Rate Dynamics
How Currencies Affect Investment Returns
Currency Debasement and Crashes
Managing Currency Risk
Chapter 7 Geopolitical Risk
Types of Geopolitical Risk
Geopolitical Hotspots
Managing Geopolitical Risk
Part IV Buying Global Businesses
Chapter 8 Company Analysis
Profitability
Earnings Sustainability
Balance Sheet Strength
Growth Prospects
Investment Risk
Valuation
Estimating Share Value
Summary
Part V Global Sectors and Industries
Chapter 9 Communication Services
Advertising
Broadband Services
Interactive Entertainment
Interactive Media
Media Content and Broadcasting
Telecommunications
Chapter 10 Consumer Discretionary
Auto Manufacturing
Auto Components
Auto Parts and Service
Auto Retail
Casinos and Gaming
General Merchandise Stores
Homebuilding
Hotels, Resorts, and Cruise Lines
Household Durables
Internet Retail
Leisure Products
Luxury Goods
Restaurants
Textiles and Apparel Retail
Chapter 11 Consumer Staples
Beverages
Grocery and Convenience Stores
Household Products
Hypermarkets
Packaged Foods
Tobacco
Chapter 12 Energy
Coal
Energy Equipment and Services
Exploration and Production
Integrated Oil and Gas
Refining and Marketing
Storage and Transportation
Chapter 13 Financials
Asset Management
Banks
Capital Markets
Consumer Finance
Financial Conglomerates
Financial Data and Analytics
Life and Health Insurance
Property and Casualty Insurance
Securities Exchanges
Chapter 14 Healthcare
Biotechnology
Healthcare Equipment and Supplies
Healthcare Facilities
Healthcare Services
Life Science Tools and Services
Pharmaceuticals
Chapter 15 Industrials
Aerospace and Defense
Air Freight and Courier Services
Air Travel
Building Products
Commercial Services
Construction and Engineering
Electrical Equipment
Environmental and Facility Services
Heavy Equipment
Industrial Conglomerates
Industrial Machinery
Infrastructure Management
Marine Shipping
Railroads
Trading and Distribution
Trucking and Logistics
Chapter 16 Information Technology
Communications Equipment
Electronic Components
Fintech and Payment Processing
IT Consulting
Semiconductors
Semiconductor Equipment
Software
Technology Hardware
Chapter 17 Materials
Agricultural Products
Chemicals
Construction Materials
Containers and Packaging
Industrial Metals
Mining
Paper and Forest Products
Chapter 18 Real Estate
Diversified REITs
Industrial REITs
Office REITs
Residential REITs
Retail REITs
Real Estate Development
Real Estate Services
Specialty REITs
Chapter 19 Utilities
Electric Utilities
Gas Utilities
Multi-Utilities
Renewable Energy
Water Utilities
Part VI Own the Best and Leave the Rest
Chapter 20 Portfolio Construction
Types of Investment Instruments
Stick to the Basics (of Investing)
Be Innovative
Healthy Diversification
You Own a Conglomerate
Stay Fully Invested
Saying Goodbye Is Always the Hardest Part
Rebalancing
Advanced Investment Strategies
Advanced Portfolio Structures
Conclusion
Notes
Tools and Resources
Index
EULA
