<prompt> Human: So I just watched this interview with Mark Cuban on investing He had an approach that I dont see too often on rpersonalfinance and wanted to hear your guys thoughts.What he basically said was: It is better to keep cash long term and wait for the market to have good opportunities than to invest immediately in the best deal you can find. Always have cash available for when one of those good deals comes along instead of having your money tied up in something else Dont invest intrinsically in stocks because the stock market is not built for that anymore Diversification is for suckers because you cant be an expert at everything to get a great return on everything. Do your homework on one thing in his case he bought bonds in Australia and invest Youre not going to beat the stock market because you cannot compete with hedge fund managersday traders etc. Cash in the bank buy bulk goods for things you know you will need example given was toiletries and you have gotten a return on your cash by reducing your budget instead of losing it to interestThats about the first seven minutes if any one else cares to watch  <response>: Somehow I thought this meant I had to mark down somewhere that I was Cuban on my personal finance bills... haha 