Investment Strategy - The industry should redefine "Cost Control" as "cutting off loss flow" instead of saving trivial amounts like coffee money, especially for investors at a certain asset level [1] - The industry should avoid mediocre investments that are "often profitable and loss-making", which can erode principal due to frequent operations [1] - The industry should focus on either high-certainty 4% wealth management or high-potential equity/trends, avoiding short-term speculation that appears to be an opportunity but is actually a trap [1] - The industry should consider the profit-loss ratio before each transaction, requiring high rationality [1] - The industry should avoid overtrading and systematically think about the causes and consequences of each transaction [1] Risk Management - The industry should avoid short-term bottom-fishing with limited upside potential (e.g., 10% profit) but significant downside risk (e.g., 50% loss), especially in a bear market [1]