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So far in our "World's Greatest Investment Ideas" series, we've covered a number of strategies that can make an immediate impact on your net worth. This week's interview is a little different.

It's with Dan Ferris, editor of the income-focused 12% Letter.

This simple idea won't make you a better investor overnight... but understanding it will give you an advantage most investors will never know. It will put you in the company of legendary investors like Warren Buffett, John Templeton, Marty Whitman, Seth Klarman, and Joel Greenblatt... who have made billions of dollars by relying on it.

Any investor who hopes to safely make a fortune in stocks cannot afford to ignore this idea.

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