“韭菜”如何防止被割？不妨听听“镰刀”怎么说

Core Insights - The article discusses Jordan Belfort's book "The Wolf of Investing," which contrasts with typical value investing literature by emphasizing long-term investment strategies over the allure of quick wealth [1][2] - Belfort's personal experiences as a former Wall Street broker provide a unique perspective on the pitfalls of frequent trading and the importance of low-fee index funds [4][8] Group 1: Investment Strategies - Belfort highlights the detrimental effects of chasing trends and frequent trading, illustrated by his brother-in-law's significant losses in various asset classes [3][4] - The author advocates for investing in low-fee index funds as a means to outperform the majority of hedge fund managers, emphasizing the simplicity and effectiveness of this strategy [4][8] Group 2: Wall Street Dynamics - The article describes Wall Street as a "charging machine complex," where the interests of investors often conflict with those of financial institutions, leading to a system that profits from frequent trading [5][6] - Belfort draws parallels between Wall Street's operations and organized crime, suggesting that the financial industry often exploits investors for profit [8] Group 3: Historical Context - The origins of Wall Street are traced back to the early 18th century, highlighting its evolution into a hub for stock trading and speculation [4] - The article references the "Buttonwood Agreement" of 1792, which established a closed group of traders with exclusive trading privileges, setting the stage for modern financial practices [4]