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Kevin O'Leary's mother invested 20% of her pay every week and held that portfolio for 55 years. When she died, a lawyer had to tell her son she was rich. She worked in her father's business, in billing, and got paid in cash. Every week, 20% went into two things: big dividend stocks and seven-year telco bonds paying about 6.5 to 8%. She never touched the principal. The dividends and interest paid for college for her two sons and helped her sisters through hard times. Her rules: no more than 5% in any one stock or bond. No more than 20% in any one sector. Ever. In the video below, O'Leary says it plainly: "This is not genius. This is just diversification." When the lawyer called him in as executor, he told him his mother was middle class. "No, you've got to come down here." She had kept the account secret from both of her husbands. She wanted money no man could control. Over 55 years, he says, her results beat "any hedge fund guy." Her son built a career on big deals. Now he invests almost exactly like his mother. Boring rules you actually follow beat brilliant bets you don't survive. My worst loss came from ignoring the 5% rule. What percent of your money is in your single biggest position?