Investment Philosophy

How much risk can you take? Greed? Fear? Who wins? What happens if you're wrong? Is the upside worth the downside? What's your "philosophy"? Long-term? Short-term? Okay buying "sin" (tobacco, gambling, oils, fast food)?

If you have enough miles on your tires as an investor, you're allowed to have a "philosophy"; otherwise, most people just try to develop one over time and make money along the way.