Learning how to cut losses when investing in equities
Leslie Yee
It has been over 25 years since I obtained my Chartered Financial Analyst (CFA) charter. The three years of examinations were gruelling. Fortunately, I sat the examinations when I was much younger; I needed the stamina to study while concurrently holding a full-time job.
Subsequently, I had various opportunities to contribute to the CFA Program, which made me appreciate the value of the programme more. Through the programme, one learns the fundamentals of investment tools, valuing assets, portfolio management, and wealth planning. There is also lots of emphasis on ethics.
The content of the CFA Program is useful for some roles in the banking and investment field, and the management of personal investments. Still, in investing, there is plenty of psychology and understanding of one’s self at play.
