Buy good businesses!

Do you have the patience to watch paint dry? The best businesses are not the ones making huge jumps and then being dead for a long time...the great businesses do unappreciated, yet crucial work on a daily basis!

So...if you find a business with great cash flows, little or no debt and a good moat, all you have to do is buy in at a good price and hold it! Look at $3M(MMM.US)$ or $Costco(COST.US)$ so unassuming, yet the products that they make or service they provide are extremely invaluable! I love "old school" businesses for their steady, predictable cashflows!