Swing Trading Strategies & Stock Picks Since 2003

A listener asks...

You mentioned that an hour a week is not good enough for being a successful investor. My question is how much time is enough? I make an effort to read industry news articles and read several value investing blogs everyday but I don't always spend time on a stock screener. I only read financial statements when something catches my eye and before investing, I make it a point to read at least the last 5 years of annual reports of the company. Can this be considered active value investing or should I just restrict my investments to ETFs ?

I answer...