It only means that you have to be very selective and fully understand who you can call a friend, and who is a person you only know well. I dont remember any case that a friend somehow set me up or brought me any financial problems. I dont have hundred or thousand friend (but Facebook or other social media tell different), maybe only a bunch, but I can really trust those people. I had not a single example when they made me doubt them.
Agreed. It all depends on the person in question and what experiences you had with such a person. Everybody takes a decision whether to trust your closest friend or not.