How do you approach Asset Management in your trading?

I’ve been diving into asset management lately and I’m curious about how others handle it. With all the different strategies out there, it can feel overwhelming. Do you focus more on diversification, or do you stick with a few assets that you really believe in? I’ve heard mixed opinions—some say that spreading out your investments helps mitigate risk, while others argue that concentrating your efforts on a specific sector can yield better returns.

Also, how often do you rebalance your portfolio? I tend to find myself hesitant to make moves, but I know it’s important. I’d love to hear what has worked for you and what mistakes you’ve learned from along the way!