1. How to Do Well In This Class 1.Spend enough time on the assignments and articles so that you feel comfortable with the topic. - this does not necessarily mean you get everything correct – but complete ignorance will not be bliss for the exam. 2.Listen and participate in class by answering and asking questions. Studies show that people remember much more of what they hear than what they read, so simply reading the notes and book may not be enough for many students. -active participation is also a better way to remember the material we cover. For those who often struggle on exams, it shows me that you may still be competent in the subject matter and are at least trying. -in your future job – you will do most of your learning by listening to others and participating in meetings. Introduction

2. This is not what I consider participation.

3. GENERAL INVESTMENT ANALYSIS INVESTORS NEED TO gather (info services) process (computer) and interpret (models) information then make logical investment decisions fits many skilled job requirements - not just invest.

4. STEPS TO ANALYZING A STOCK 1.Analyze the general economy 2.Choose an industry you expect to benefit from economic trends - for example, biotech. 3.Choose a niche in the industry. For example liposome products 4.Gather information on all companies in the niche - choose one or two that are most promising

5. INFORMATION TYPES A. Direct information from financial statements, newspapers, internet etc. financial position - ratios, etc. differential strengths - patents, size, economies of scale, scientists, brand name read brokerage reports - especially those that compare competing firms consider past and potential future growth of total market and firm’s market share

6. B. Indirect information stock ownership of management level and incentives in management pay ownership of institutional investors management credentials and experience suppliers and partners - call and question customers - call and question

8. customer service and product distribution test products yourself - ask others their opinion of products - store sales people watch for price cutting and stock levels in stores check competitor’s products and potential competitors outside the industry technical analysis See Finance Jobs Websites from my links