I have little to add- my thoughts are summarized in the above posts. I would say it is best investing recognizing your own temperament- the things which make you strong and those which make you weak and putting yourself in situations which maximize your strengths and minimize your weaknesses. The only other finite resource is time- the particular strategies that you can employ with your given temperament are functionally limited by the time you utilise to pursue this. Finally, you have to have clear aims.
When you factor in the three above factors- your unique temperament, the time you wish to spend on the endeavour and your stated aims, the optimal portfolio strategy becomes obvious. The final results will reflect your ability, which should improve over time if you do the right things.
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I have little to add- my thoughts are summarized in the above...
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