--- title: "The purpose of mass media is to confuse 99% of naive investors into being unable to distinguish lies" description: "The purpose of mass media is to confuse 99% of naive investors into being unable to distinguish lies from truth. Their goal is to quietly transfer the savings of ordinary investors into the pockets of" type: "topic" locale: "en" url: "https://longbridge.com/en/topics/20873918.md" published_at: "2024-05-03T03:32:00.000Z" author: "[价值&投资](https://longbridge.com/en/profiles/3090)" --- # The purpose of mass media is to confuse 99% of naive investors into being unable to distinguish lies The purpose of mass media is to confuse 99% of naive investors into being unable to distinguish lies from truth. Their goal is to quietly transfer the savings of ordinary investors into the pockets of 'insiders,' who have always enjoyed manipulating the media from the very beginning. --- > **Disclaimer**: This article is for reference only and does not constitute any investment advice.