週期、估值與人性
覆盤A股20年行情演進與策略變遷,爲個人投資者提供價值投資週期邏輯、投研策略與未來推演
20年,三輪週期: 2005—2009年的“週期爲王”
2010—2015年的“成長致勝”
2016—2022年的“茅寧共舞”
作者凌鵬長期在主流機構從事投研活動,兼具一線賣方策略與買方實操經驗
基於實戰經驗覆盤,釐清三輪週期的主線邏輯,剖析每輪週期背後機構投資者使用的方法論
每一輪週期均按照醞釀—崛起—調整—泡沫—隕落的順序發展
在變幻的主線邏輯中,也有不變的共性,即週期、估值與人性
“週期思維”纔是永恆的賽道
通過覆盤歷史,該書助力投資者順應時代,構建切實可行的投研體系與投資框架
秋萱彤
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