Put All of One's Eggs in One Basket
Today’s idiom is to put all of one’s eggs in one basket. It means to ❛risk losing everything at once; not to spread one’s risk❜. It is the opposite of the term ❛diversification❜. For example, if a person invests all of his money in only one single investment, he is putting all of his eggs in one basket.
Here are two sample sentences that demonstrate this idiom:
Fritz is applying for several jobs. He does not want to put all of his eggs in one basket.
Anna applied to only one university. She put all of her eggs in one basket.
You have probably also been told not to put all of your eggs in one basket. Is this advice always correct? Take a look at the following two quotes. Which one do you agree with more? Why?
It is part of a wise man to keep himself today for tomorrow, and not venture all his eggs in one basket.
- Miguel de Cervantes
The way to become rich is to put all your eggs in one basket and then watch that basket.
- Andrew Carnegie