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And the best ETF for that is HHO which is a basket of I think close to 200 companies; a very diversified basket.
"Florida is now a very diversified economy," he added.
"We have a very diversified group of customers, and have retained our pre-eminent position".
"And they have a very diversified geographic base and a diversified portfolio of metals".
But it added that the country benefits from a very diversified and resilient economy, with high per capita income.
Mr. Seacrest called the deal the first "of what I hope to be many," citing an interest in creating a very diversified portfolio.
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So by being very diversified, the house becomes a sort of village a very flexible space that's not one space.
"This quarter validates Chief Executive George Buckley's strategy, which is to have a very strong international presence and to be very diversified, not only by products, but also by geography," said John Koczara, portfolio manager at Ames Investment Council, a Grand Rapids, Michigan-based money manager.
"We're very diversified in South Beach," he said.
Alwaleed bin Talal, the Saudi Arabian prince who has 7 percent of the voting shares in News Corporation, said in a BBC interview on Wednesday that he feared the fallout from the phone-hacking scandal could seep into other parts of the company's "very diversified" business.
But Honeywell is very diversified.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com