WOODSIDE, Calif., March 10, 2011 /PRNewswire/ -- Fisher Investments Press released its latest guide to understanding and investing in the primary investment sectors, Fisher Investments on Health Care. The book covers the sector landscape in detail, including various macroeconomic drivers, the impact of future political changes on supply and demand, and how to identify attractive Health Care stocks.
With major US legislation passed in 2010, Health Care is almost certain to be a hot topic for years to come. That and future legislation could impact Health Care firms in ways many cannot fathom now—both positively and negatively. Understanding how regulatory matters impact this (and any) sector and its industries is vital to making better investing decisions.
Global health care spending was approximately $6 trillion in 2009, or roughly 9% of global gross domestic product (GDP). That exceeds the total economic output of Japan, the world's third largest economy, making the Health Care segment one of the largest in the world. In the US alone, 2009 health care spending was projected to be $2.5 trillion, more than 17% of GDP.*
"Health Care—which is typically seen as a classically defensive sector—is frequently misunderstood," says Fisher Investments' Investment Policy Committee member and Research Manager Aaron Anderson. "Though Health Care can play an important role in slower economic environments, there are also opportunities to be had in varying market environments."
Anderson continues, "2011 is likely to be a transition year for markets, and in our view, industry-specific drivers should supplant the more macro, high-level drivers that have dominated for the past several years. Successful investors this year are likely those who can do more granular industry and sub-industry level analysis. Fisher Investments on Health Care and the rest of the Fisher Investments On series can help investors with that."
The latest installment of the Fisher Investments On series, Fisher Investments on Health Care is authored by Andrew Teufel and Michael Kelly, and published by Fisher Investments Press, a partnership between Fisher Investments and John Wiley & Sons. The Fisher Investments On series teaches readers how to invest in a range of investing categories, including the standard investment sectors, like Energy, Consumer Staples, Materials, and Tech. Each book provides tools for in-depth analysis and creating an investment strategy.
*Sources: Fisher Investments Research; Organisation for Economic Co-Operation and Development (OECD), World Bank
About Fisher Investments Press
Established in 2007, Fisher Investments Press combines the investment knowledge, experience, and expertise of Fisher Investments with established publisher John Wiley & Sons, Inc. The publishing imprint is intended to educate readers on investing topics spanning from investing strategy to global markets. The Fisher Investments On series thus far consists of 9 "how-to" guides for investing in the standard investment sectors and global regions with a top-down approach that can be applied to any investment category. These books are co-authored by members of Fisher Investments' in-house research team under the guidance of Vice Chairman Andrew Teufel. For recent "Fisher Investments On" titles, please visit http://www.fisher-investments-press.com/.
About Fisher Investments
Founded in 1979, Fisher Investments is an independent money management firm overseeing more than $41 billion (as of 12/31/10) across two principal business units, Fisher Investments Institutional Group and Fisher Investments Private Client Group. Together, these groups serve a global client base of diverse investors, including over 100 large institutions and over 20,000 high net worth individuals. Founder and CEO Ken Fisher has written the Forbes "Portfolio Strategy" column for 26 years, has written seven books (four of which are bestsellers), was recently named by Investment Advisor magazine as one of the 30 most influential industry individuals in the last 30 years (Thirty for Thirty, May 2010), and is globally recognized as an investment guru. For more information visit http://www.fisherinvestments.com/.
About John Wiley & Sons
Founded in 1807, John Wiley & Sons, Inc. (NYSE: JWa; JWb) has been a valued source of information and understanding for over 200 years. Since 1901, Wiley and its acquired companies have published the works of more than 350 Nobel laureates in all categories: Literature, Economics, Physiology or Medicine, Physics, Chemistry and Peace. Wiley's core businesses publish scientific, technical, medical and scholarly journals, encyclopedias, books, and online products and services; professional/trade books, subscription products, training materials, and online applications and websites; and educational materials for undergraduate and graduate students and lifelong learners. Wiley's global headquarters are located in Hoboken, New Jersey, with operations in the US, Europe, Asia, Canada, and Australia. The Company is listed on the New York Stock Exchange under the symbols JWa and JWb. For more information visit http://fisher-investments-press.wiley.com/.
SOURCE Fisher Investments