The Importance of Portfolio Selection

I think the quick profit is instant gratification. And probably it's getting more so that way with the internet, being straight away. So I do go short-term, but that's not what anyone will call short-term because it's because diversification is a really, really big thing. You can diversify across markets, and I certainly do that as much as I can. But you just have to look over a long timeframes so that the ups and downs of that get evened out. There's not perfection. People have different portfolios,. The selection of the markets that won trades has a huge effect on the bottom line.

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