![Tax Update: Investment Success - unpredictable economic and financial cycles companies have to be adaptive](https://www.woodstockcorp.com/wp-content/uploads/success-long-term1.jpg)
Constructing a portfolio of 30-35 companies diversified across economic sectors and led by managements capable of managing in any economic environment can generate superb long term investment success. Diversification is one of the free lunches in the investment business.