  We give tight bounds on the degree $\ell$ homogenous parts $f_\ell$ of a
bounded function $f$ on the cube. We show that if $f: \{\pm 1\}^n \rightarrow
[-1,1]$ has degree $d$, then $\| f_\ell \|_\infty$ is bounded by
$d^\ell/\ell!$, and $\| \hat{f}_\ell \|_1$ is bounded by $d^\ell
e^{\binom{\ell+1}{2}} n^{\frac{\ell-1}{2}}$. We describe applications to
pseudorandomness and learning theory. We use similar methods to generalize the
classical Pisier's inequality from convex analysis. Our analysis involves
properties of real-rooted polynomials that may be useful elsewhere.
