Skip to Main Content
Global Investing
book

Global Investing

by Darrin Erickson
December 2022
Intermediate to advanced content levelIntermediate to advanced
352 pages
9h 8m
English
Wiley
Content preview from Global Investing

PART VGLOBAL SECTORS AND INDUSTRIES

As discussed in Parts Two and Three, all businesses operate in a global environment, albeit to varying degrees. This section of the book provides a brief primer on the world economy's major sectors and the industries that comprise them (see the following table). We review 11 sectors and 91 global industries based on 10 of the largest publicly traded companies in each industry. The primers cover key variables that affect sales growth and profitability for the industry, how the companies in the industry are commonly valued by analysts, and the principal factors that should be considered by investors when evaluating those businesses.

I have restricted the companies listed to those located in countries with investment-grade credit ratings on their government-issued (sovereign) debt. As a result, you will note that there are no companies listed from certain countries such as Brazil, Greece, Russia, Turkey, or Vietnam, among others. Since sovereign credit ratings are subject to change, the list of countries that meet this criteria will change over time.

The industry categories are my own variation of the standard industry classification systems you will find elsewhere and are not exhaustive since some small subindustries have been omitted or combined into a larger group. I have tried to group companies together based on common factors that affect their business operations as well as their behavior in a typical market cycle. Some companies may fit ...

Become 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,
and much more.
Start your free trial

You might also like

Investing for the Long Term

Investing for the Long Term

Francisco Parames
Bulletproof Investing

Bulletproof Investing

James Fitzgerald
Handbook of International Economics

Handbook of International Economics

Gita Gopinath, Elhanan Helpman, Kenneth Rogoff

Publisher Resources

ISBN: 9781119856665Purchase Link