Author: Whitney Tilson, DailyWealth.com

Every profitable company must decide what to do with its excess cash. These six tools will help you tell the difference between the losers that squander their value… and the star performers that consistently create value for shareholders.

These are some of the most important things you can do as an investor to improve your long-term results and build lasting wealth in the market.

My experience — both big successes and major mistakes — has taught me exactly what works with investing… and what doesn’t. With that in mind, here are seven of the simplest and most important lessons I’ve learned, and how you can apply them to immediately start improving your investing results.