Toby: The most important thing is just making sure that you don't put too much money into any individual stock. You always under own the stuff that works really well and you own too much of the stuff that doesn't work, he says. "You have to realize that I know that I'm going to make lots of mistakes," Toby tells TIP. He also runs a fund called Z-I-G-Zig with an interview with Bloomberg on there.

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