You can create shortcuts within your My Content folder to directly access the reports you use most.
From the report menu, click the three dots to the right of the desired entry, and select Create shortcut:
In the popup that opens, click the My Content icon at the top left. Make sure the destination says 'My content' at the bottom left. Then click Create shortcut:
The shortcut will be accessible from your My Content folder (in the navigation menu), named 'Shortcut to [report name]'.