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The definitive guide to investing in the Consumer Discretionary sectorJewelry, new homes, cruises-these (and more) are all things firms in the Consumer Discretionary sector produce. These aren't the day-to-day mainstays, but nor are they products only the rich and elite buy. Newspapers, TVs, cars, sports equipment, maybe even the coffee you drink are also found here. And while firms that produce these products tend to do better when times are flush, that's not always the case-and learning when and how to invest in these firms can help you improve your overall investing decisions.Fisher Investments on Consumer Discretionary provides you with the tools necessary to understand and analyze investment opportunities in the global Consumer Discretionary sector. The book provides a basic understanding of how the sector works, how it breaks down by industry, pertinent macroeconomic drivers, the rising importance of emerging markets, and challenges facing these firms. Contains information that can help you determine when and how to invest in durable goods companies-from entertainment and media to automobiles and travel goods Offers a framework for stock selection and includes a discussion of common pitfalls and how to avoid them Delves into a top-down investment methodology as well as individual security analysisFilled with in-depth insights and expert advice, Fisher Investments on Consumer Discretionary provides a framework for understanding this sector, to help improve your investment endeavors-now and in the future. With this book as your guide, you can quickly gain a global perspective of investing in the Consumer Discretionary sector.

JEFFREY C. HOOKE is a Managing Director at Hooke Associates, LLC, a valuation firm, and FOCUS, LLC, an investment bank. He was formerly director of Emerging Markets Partnership (a $4 billion fund focusing on emerging markets), principal investment officer of the World Bank Group, and an investment banker with Lehman Brothers and Schroder Wertheim. Hooke is also the author of M&A: A Practical Guide to Doing the Deal and Emerging Markets: A Practical Guide for Corporations, Lenders, and Investors, both from Wiley.

Visit www.wiley.com/go/hooke