The assignment content describes a personal investment portfolio strategy that focuses on the New Zealand market, with a mix of equity investments in various sectors including banking, IT, pharmaceuticals, and commodities. The portfolio aims to capitalize on market growth while minimizing risk through diversification. The strategy has resulted in a negative return of -5.7336%, but the author believes it is an optimum portfolio considering the factors involved. Suggestions for improvement include taking multiple positions to arbitrage profits or losses, diversifying into small companies with growth potential, and testing theories and predictions.