So I'm fairly new to poker and want to spend the summer improving as much as I possibly can. Which ratio of practice/reading/studying will give me the best results? Is it just about playing and hours put in or should I be spending a decent amount of time reading and watching pros and analyzing my own games? Also as far as reading and studying what are the most important concepts to learn and in what order?

Play a bit, review a bit, read a bit, incorporate new concepts, repeat

Make yourself some preflop ranges (RFI,call, 3bet,4bet from every position). Most theory behind this can just be googled (like what type of 3bet range should you make, linear or polar). For postflop the "Upswing Poker Postflop Gameplan" of 7$ is imo a must have, very simple but very effective. Also watching videos of other people playing online sessions (like nanonoko's 100nl zoom session) helps. And big pots you played where you're unsure what decision you should have made you can just post the hand history(converted) on 2+2 for some advices.

[content too far off topic]

first thing you need to do is find yourself a mentor. You know what the most valuable thing you can have is? it's not an 18 bedroom house or a lambo, its knowledge. im way more proud of my bookshelf than my car, you should read a book every day. playing or taking a drive through the hollywood hills is a great way to clear your mind but listen, youre wasting your time. you need to find someone with experience to put you on the right path.

Live or online?
Completely new or some experience?
Goals for poker ... fun, profit, thrill?
How much time are you setting aside for poker?
What are you taking time away from?
What is your personality type?
How much and where is your bankroll coming from?

Lots of different factors involved with being new in poker. You will find a lot of responses in threads on this site with a very similar tone ... "It depends ... " ... And in reality it applies to you here.

In general you will find what best suits you for a learning curve/device. If you are really new, then I wouldn't jump right in a spend money on 'sources' as there is plenty out there that you can look (read and view) at for free, especially here!!

What you don't want to do is overload yourself too fast. Pick out some areas that 'bother' you and study them the most. (Outs, position, bet sizing, stack depth, equity)

Again in general ... Poker is an incomplete math based game with 'lots' mental strategies. It's probably best to master the math side of the game so that it becomes automatic when you start to consider the mental side of the game.

Make sure it's fun and don't get discouraged. You will run into more experienced Players who will take advantage of your developing skills. The most important thing in poker is to be able to be honest and 'aware' of your capabilities so you can learn from each spot you are put into.

Lots of poker spots repeat over and over ... GL

two biggest ways to improve are to increase your knowledge and to get control of your emotions and how they affect your actions.

either one lacking and likely you wont win unless you play with complete bad players.

Ray,
Thank you for posting in this topic, your posts are very valuable to folks like myself trying to improve. Regarding this post, you are spot on in my opinion. I work diligently to improve my knowledge. I read 2+2 forums, own most 2+2 books (including your titles) and belong to Crush Live Poker. I am very willing to put in the work. The second part is much more difficult for me, as my screen name suggests, getting a grip on my emotions is a little bit tougher of a proposition for me. Both at and away from the tables. It is something I struggle with daily. Do you have any suggestions that have worked for you to getting ahold of your emotions at the table. Due to my recent struggles, I find myself playing more out of necessity instead of out of pure enjoyment. Better living through chemistry certainly helps but I could still do much better to have my emotions in check. Any insights you might offer would be greatly appreciated.
Bipolarized

yea, learn or try to learn to be stabilized in the game. no emotions regarding the play or results. if you win a big pot its just another pot. same if you lose one. this way each hand is played the way you want it to be played rather than letting other feelings make you do things you normally wouldnt.
realize it is one long game lasting a lifetime. so one days or a few days results have no meaning for the future. so dont act based on that.
never base whether you come in a hand or whether you go home on your results for the night at that point in time. and never change your play based on winning or losing for the day.
thats a start for you.

the key is to identify errors and mistakes and correct them

Thank you Ray,
I read in one of your other posts you and Tommy Angelo were friends. This post definitely reminds me of some of Tommy’s teachings. I very much appreciate your response. This is one place in my game I REALLY struggle. One bad beat can throw me into one heck of a tailspin that can eventually put me in all out tilt. I have been working on this, but occasionally still find myself going out of my way to try and “get it all back in one hand.” Usually resulting in going bust for the night. Thanks again Ray!

your welcome. some find they have to take a walk after a bad beat or just when they see that their mind is throwing off their game.

If you were able to manage, I would go watch a live game with a friend. I would
Watch something like the $2-$5 stakes or higher. Pay attention to all the things you notice: how much they raise to, how much they 3-bet to, post-flop action, and so forth.