I manage a few portfolios, all within my family. I have refined my approach from being hands on in my investments over the last 25 plus years. If you come across me on Seeking Alpha it is likely because I am seeking information regarding an investment for my speculative portion of my investment portfolio. I primarily invest in value oriented stocks and subscribe to a couple of services that provide proprietary formulas to value individual stocks. As a rule of thumb, 25% of my portfolios are usually in a basket of growth stocks, 50% in stocks that I deem having a reasonable chance to gain 30% within a 12 month period, and 25% in cash or speculative stocks. I'm not adverse to trading, but usually only invest in a stock that is worth a holding beyond a few months.