Putting all Your Eggs In 1 Basket

If you place all your eggs in one basket, any fall will be a messy one. This truism applies, for example, in cases where one client represents too great a percentage of your company’s sales, where most of your money is concentrated in a handful of investments, or even where all your attention is devoted to a single job opportunity at the expense of other promising situations. The fact is, even if everything looks rosy today, nothing in the world is a sure bet. Diversification protects you against downside risk.