The second installment of the
Fisher Investments On series is a comprehensive guide to the Materials sector.
Fisher Investments on Materials can benefit both new and seasoned investors, covering everything from Materials sector basics to specific industry insights to practical investing tactics, including common pitfalls to avoid.
The book will begin with a discussion of Fisher Investments’ investing philosophy as it applies to the Materials sector. Then, readers will be lead through a discussion of sector basics , what drives the industries, and develop a framework for individual security analysis. Finally, the book will look at industry fundamentals and discuss what investors can do to protect themselves in a down market.
For more information visit www. materials.fisherinvestments.com
Foreword ix
Preface xi
Acknowledgments xv
Part I Getting Started in Materials 1
Chapter 1 Materials Basics 3
Materials 101 4
Commodity Pricing Basics 9
The Production Process 13
Chapter 2 A Brief History of Materials 29
The Industrial Revolution 29
Structural Shifts in Metals Since the Industrial Revolution 33
Industrialization of the Emerging Markets 37
Chapter 3 Materials Sector Drivers 41
Key Drivers 42
Drivers at Work 46
Case Study: Copper 51
Part II Next Steps: Materials Details 63
Chapter 4 Materials Sector Breakdown 65
Global Industry Classification Standard (GICS) 66
Global Materials Benchmarks 67
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![Fisher Investments on Materials [Paperback]](/itemImage/2/6/9/3/2_2494297.jpg "Fisher Investments on Materials [Paperback] xxx")