Hi guy,
As we know, CFA provide comprehesive analysis framework and methods for investment. E.g. How to analysis an industry, a company, a specific stock. BUT in practice, institutes maybe more often empoy that tools, right?   For 散户， SOME index are more widely used such as PE, PB, ROC, dete ratio, ...  It may be simple and useful, but how to build an investment system for a person? There are multiple strategies, 价值投资， 趋势投资，短线操作等，  CFA主要讲的是价值投资，In A股， 总有过山车的经历，本想长期投资 但涨多了就有大幅回调，要不要跟着跑是个问题？ 可能错误大行情，可能回吐到解放前，这个怎么看呢，欢迎交流，谢谢。