盛世古玩乱世黄金，这句老话99%的人理解错了！

Core Insights - The article emphasizes the investment wisdom behind the saying "In prosperous times, buy antiques; in chaotic times, buy gold," suggesting that true wealth accumulation requires understanding market cycles and human psychology rather than following common sense [2][3][18]. Group 1: Investment Strategies - In chaotic times, acquiring antiques is advantageous as prices often drop significantly due to panic selling, creating opportunities for savvy investors to purchase undervalued cultural assets [13][14][21]. - Conversely, in prosperous times, the demand for antiques can lead to inflated prices driven by emotional investment, making it a less favorable time to buy [18][19]. - The ideal strategy involves buying undervalued cultural assets during downturns and selling them during upturns, then converting profits into gold to preserve wealth [19][22]. Group 2: Market Dynamics - The article highlights that during chaotic periods, the focus shifts to survival, leading to a decrease in the perceived value of non-essential items like antiques, which can be acquired at a fraction of their worth [13][14]. - In prosperous times, liquidity increases, and the market for antiques can become speculative, often resulting in price bubbles that do not reflect true value [18][19]. - Historical examples, such as Zhang Boju's investments in antiques during turbulent times, illustrate the long-term benefits of this contrarian approach [15][21]. Group 3: Psychological Factors - The article discusses the importance of counteracting the herd mentality in investing, where individuals must remain calm and make informed decisions contrary to prevailing market emotions [22][23]. - It stresses that successful investors must possess a deep understanding of historical patterns and human behavior to navigate market cycles effectively [22][23]. - The wisdom of "buying when others are fearful and selling when others are greedy" is reiterated as a fundamental principle for achieving long-term investment success [23].