Behold, the fool saith, "Put not all thine eggs in the one basket" - which is but a matter of saying, "Scatter your money and your attention"; but the wise man saith, "Pull all your eggs in the one basket and - WATCH THAT BASKET." Diversification is something that stock brokers came up with to protect themselves, so they wouldn't get sued for making bad investment choices for clients. Address to students at Curry Commercial College, Pittsburgh, Pa., 23 June 1885. Lawrence A. Cunningham, Warren E. Buffett (2013). Interview with Deborah Jeanne Sergeant, homebusinessmag.com. A question that often comes up at times of strategic transformation is, should you pursue a highly focused approach, betting everything on one strategic goal, or should you hedge? "David Haye: this much I know". Putting all his eggs in one basket, the businessman took a huge risk by investing all his money in a single venture. Filmmakers shouldn't bank on just digital release either.Â. The man who is director in half a dozen banks, half a dozen railroads and three or four manufacturing companies rarely amounts to much. Having diversification will help you manage the risk better. Example: Well, that horse is a good runner but I wouldn't bet all your money on it to win. Printed in Carnegie's book, The Empire of Business (1902). var year=mydate.getYear() var daym=mydate.getDate() But, if suddenly that was to stop, I'd actually be okay. 1) ... merits the extra risk and should remember to never put all your eggs in one basket. See Saying of the Day today Contributor: Josef Essberger Next saying: He that will learn to pray, let him go to sea EnglishClub: Learn English: Vocabulary: Reference: Sayings: Quizzes: Danger: Don't put all your eggs in one basket The way to get rich is to put your eggs in one basket, but watch that basket very carefully. Colleague 1: With most companies diversifying, don't you think it is odd that our company has decided to pursue only one market? I know that music and acting now are things that I want to do for the rest of my life. I think one of the things that saved me is that I never put all my eggs in one basket. Mr. Wrigley believed in this: Put all your eggs in one basket and watch the basket. “The 80/20 Principle”, p.33, Nicholas Brealey Publishing. 12) ... we need to keep changing and not always put all our eggs in one basket to stay mentally healthy. Because if you drop that one basket, all the eggs break. Updated Ocotber 15, 2003. “The History of the Renowned Don Quixote de la Mancha”, p.228. if (year < 1000) year+=1900 Son: I don't go to college this year and re-apply for next year. " Don't put all your eggs in one basket " Meaning: Don't risk all your property on a single venture. If something does go wrong, make sure you won't lose everything. We should look to increasing our own exports and expanding our own industries. There is a mistake in the text of this quote. Why? document.write(""+montharray[month]+" "+daym+", "+year+""). “The Essays of Warren Buffett: Lessons for Corporate America (Third Edition)”, p.13, Carolina Academic Press. var montharray=new Array("January","February","March","April","May","June","July","August","September","October","November","December") Concentrate your energies, your thoughts and your capital. 5) Don't put all your eggs in one basket is a cardinal rule of investing. If you want to know more or withdraw your consent to all or some of the cookies, please refer to the, Nora Roberts (2010). Interview with Christina Radish, collider.com. For me, I just never put all my eggs in one basket, so to speak. 4) So it's best to not put all your eggs in one basket. The whole problem of industrial agriculture is putting all of your eggs in one basket. It is the part of a wise man to keep himself today for tomorrow, and not to venture all his eggs in one basket. Put all your eggs in one basket and then watch that basket. "'New window on universe' excites Stephen Hawking". This is the old-fashioned way I'm talking about. to risk losing everything by putting all your efforts or all your money into one plan or one course of action, Related words and phrases: To put all of your eggs in one basket is silly. Interview With Emma John, www.theguardian.com. If that one market fails, the company loses everything. Henry Ford never diversified, Bill Gates didn't diversify. That would be putting all your eggs into . 7) It is never good to put all your eggs in one basket. Father: How are college applications going? Do one thing and stay with it. Son: I only applied to one college. It's putting all your eggs in one basket. 3) ... all know the old adage that one should not put all your eggs in one basket. “Hot Rocks”, p.183, Penguin, Miguel de Cervantes Saavedra (1771). Let's hope we can avoid dropping the basket until we have spread the load. 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£ç¨å¥. I have to put all my eggs in one basket for that race, it may compromise other races, but you only get so ... 18) I pretty much put all my eggs in one basket when I quit uni and threw my hat in the ring to become a musician. var dayarray=new Array("Sunday","Monday","Tuesday","Wednesday","Thursday","Friday","Saturday") 80/20 wisdom is to choose a basket carefully, load all your eggs into it, and then watch it like a hawk. 2) Don't put all your eggs in one basket.If something does go wrong, make sure you won't lose be caught short, chance, compromise, dare, defy danger, endanger, gamble, hazard, imperil, jeopardize, jeopardy, leave to luck, menace, peril, play with fire, put in jeopardy, run the chance, run the risk, skate on thin ice, speculate, venture, wager. Then all you've got is scrambled eggs. We did that for a long time and I don't think it's very smart. It is the college I really want to go to. October 12, 2013. The wise man puts all his eggs in one basket and watches the basket. var mydate=new Date() 17) ... chance I can win it. I tell you 'put all your eggs in one basket, and then watch that basket.'. As I have discovered by examining my past, I started out as a child. 'Eggs' are delicate, and if all of your eggs were in one container, and that container was damaged, you might lose all of your eggs in one The human race shouldn't have all its eggs in one basket, or on one planet. Start with the least amount of money possible. 2) Don't put all your eggs in one basket. My girlfriend was accepted there. if (daym<10) daym="0"+daym Conventional wisdom is not to put all of your eggs in one basket. Put all your eggs in one basket... the handle's going to break. They don't do that today. Don't put all your eggs in one basket ( 一つのことにすべてを賭けるな ) 英会話レッスンのMatt先生の英語慣用句 英会話レッスンの担当の Matt先生による英語慣用句習得のための1日1英会話です。 Do not scatter your shot. 11) But I don't want to put all our eggs in one basket and say if we don't get a result against Sweden then we're done. Colleague 1: On the other hand, by putting all the company's resources in one area, the chances of success are far improved. Colleague 2: I suppose there is a risk in putting all its eggs in one basket. We need to diversify our food chains as well as our fields so that when some of them fail, we can still eat.