Core Insights - The Nobel Prize Fund has survived for 125 years, demonstrating resilience through wars, economic depressions, and inflation, unlike many short-lived public funds [1] - The initial capital of the fund was approximately 1.7 billion RMB, derived from 31 million Swedish Krona left by Alfred Nobel [3] - As of last year, the fund's assets have grown to 6.8 billion Swedish Krona, with an annualized return of about 4.46% and nearly 8% over the last 50 years, showcasing its stability and growth [5][7] Investment Strategy - Initially conservative, the fund focused on bonds to comply with Nobel's will, which helped it weather significant market downturns during the World Wars [5] - In the 1970s, the fund diversified into stocks, capitalizing on the globalization boom from 1990 to 2020, achieving an annualized return of approximately 8% [7] - The fund employs a multi-asset strategy, investing in stocks, bonds, and commodities to minimize risk through low correlation among assets [10] Performance and Risk Management - The fund's performance from 2019 to 2022 saw an 18% increase with a maximum drawdown of only 2%, contrasting sharply with the S&P 500's 19% gain and 19% drawdown during the same period [10] - The fund's long-term approach emphasizes capital preservation, advising investors to prioritize safety over chasing short-term gains [12][14] Lessons for Investors - The Nobel Prize Fund's success illustrates the importance of patience and a long-term perspective in wealth accumulation, contrasting with the common pitfalls of chasing trends [16][17] - A recommended asset allocation strategy for individual investors includes 50% in savings, 30% in bonds, and 20% in stocks to ensure capital safety before seeking returns [12][14]

Core Insights - The article discusses the importance of having a strategy that allows investors to take profits while navigating market fluctuations, particularly in the context of recent market movements around the 3500-point mark [1] - It introduces the "Fear and Greed Index" as a tool to guide investment decisions based on market sentiment [2][3] - The "Fear and Greed Dollar-Cost Averaging Plan" is presented as a practical investment strategy that utilizes the Fear and Greed Index to make disciplined investment decisions [4] Investment Strategy - The "Fear and Greed Dollar-Cost Averaging Plan" involves investing in a selected fund based on the Fear and Greed Index, allowing for increased investment during market fear and reduced investment during greed [4][5] - The plan addresses two main pain points for investors: selecting the right funds and identifying optimal buy and sell points [5] - The investment approach divides the total investment into 50 parts, with varying allocations based on the Fear and Greed Index readings [5] Performance Metrics - The plan has shown promising results, with the first phase achieving a return of 16.89% and the second phase achieving a return of 9.78% [8][10] - The strategy has been effective in navigating market volatility and capturing key investment opportunities [10]