Paul Farrell writes (8/17/14 - this link works).
Investors need a way to sift through the useless chatter about the 8,000 or more funds out there. So years ago I started tracking the best unexciting, dull, boring, simple, lazy portfolios I could find that were being used by Nobel winners, money managers, advisers, behavioral finance experts, millionaires and average investors.
Most of their portfolios are very simple, with 10 or less funds. I wrote a book about them, "The Lazy Person's Guide to Investing." Here's what they told me: The six basic strategies used by America's laziest investors, guaranteed to help you diversify, lower risk, level out bull/bear cycles, and generate returns close to or better than market benchmarks.
-- from investwise