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Further Tests of the Validity of the Industry Approach to Investment Analysis

Published online by Cambridge University Press:  19 October 2009

Milford S. Tysseland
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Extract

Investment literature, particularly materials made available to investors by financial magazines, brokerage houses, and investment services, places a great deal of stress upon analysis of investment opportunities by industry groups. Examples are industry analyses, such as those of Forbes and Financial Analysts Journal, as well as the industry segregations of popular services such as Value Line, Standard & Poor's and Moody's.

Type
Investments I
Information
Journal of Financial and Quantitative Analysis , Volume 6 , Issue 2 , March 1971 , pp. 835 - 847
Copyright
Copyright © School of Business Administration, University of Washington 1971

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