March 2010
Intermediate to advanced
224 pages
4h 39m
English
Content preview from Fisher Investments on TechnologyBecome an O’Reilly member and get unlimited access to this title plus top books and audiobooks from O’Reilly and nearly 200 top publishers, thousands of courses curated by job role, 150+ live events each month,
O’Reilly covers everything we've got, with content to help us build a world-class technology community, upgrade the capabilities and competencies of our teams, and improve overall team performance as well as their engagement.I wanted to learn C and C++, but it didn't click for me until I picked up an O'Reilly book. When I went on the O’Reilly platform, I was astonished to find all the books there, plus live events and sandboxes so you could play around with the technology.I’ve been on the O’Reilly platform for more than eight years. I use a couple of learning platforms, but I'm on O'Reilly more than anybody else. When you're there, you start learning. I'm never disappointed.I'm always learning. So when I got on to O'Reilly, I was like a kid in a candy store. There are playlists. There are answers. There's on-demand training. It's worth its weight in gold, in terms of what it allows me to do.
Chapter 4. TECHNOLOGY SECTOR BREAKDOWN
Now you've got the basics of how the Technology sector works, and an understanding of its history and some of its drivers. But a high-level understanding is just the beginning. Just like our overall economy, each sector is made of many distinct parts—some relatively similar to others and some quite unique. To better understand the whole, you must understand the parts.
Chapter 1 covered the major Technology products and services: semiconductors, computer hardware, communications equipment, consumer electronics, software, and services. These offerings come from a variety of firms with very different end markets and drivers. While an understanding of every company isn't necessary, a firm grasp on the major industries is vital before making any sector-related portfolio decisions. This chapter explores the sector's industries and how an investor can begin forming opinions on each.
GLOBAL INDUSTRY CLASSIFICATION STANDARD (GICS)
Before beginning, some definitions: The Global Industry Classification Standard (GICS) is a widely accepted framework for classifying companies into groups based on similarities. The GICS structure consists of 10 sectors, 24 industry groups, 68 industries, and 154 sub-industries. This structure offers four levels of hierarchy, ranging from the most general sector to the most specialized sub-industry:
Sector
Industry Group
Industry
Sub-Industry
Let's start by breaking down Technology into its different components. According to GICS, ...
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O’Reilly covers everything we've got, with content to help us build a world-class technology community, upgrade the capabilities and competencies of our teams, and improve overall team performance as well as their engagement.Julian F.
I wanted to learn C and C++, but it didn't click for me until I picked up an O'Reilly book. When I went on the O’Reilly platform, I was astonished to find all the books there, plus live events and sandboxes so you could play around with the technology.Addison B.
I’ve been on the O’Reilly platform for more than eight years. I use a couple of learning platforms, but I'm on O'Reilly more than anybody else. When you're there, you start learning. I'm never disappointed.Amir M.
I'm always learning. So when I got on to O'Reilly, I was like a kid in a candy store. There are playlists. There are answers. There's on-demand training. It's worth its weight in gold, in terms of what it allows me to do.