Jun 9: Balanced diversity is the key

Pt 3: Dave Cote, chairman and CEO of Honeywell, the industrial group, discusses his diversification strategy as a conglomerate. He says his focus is on 'great positions in good industries' and to ensure not all businesses move in the same direction. He finishes by predicting "long/short" on Tim Geithner's future, economic recovery and other topics. Producer: Josh Noble. Presenter: Richard Milne. Camera: Gregory Bobillot