- To risk everything on a single venture, plan, investment, or opportunity.
- It implies a lack of diversification or backup plans, such that failure of that one thing results in total loss or failure.
Explanation
Origin
- The idiom uses the practical, literal analogy of carrying eggs.
- If you place all your fragile eggs into a single basket, and you accidentally drop that basket, all the eggs will likely break.
- However, if you distribute the eggs among several baskets, dropping one basket means you only lose some of your eggs, not all of them.
- The proverb advises caution and diversification of risk. It appears in various forms in literature, including Cervantes' 'Don Quixote' (early 17th century), suggesting the core idea is quite old.
Synonyms & Related Expressions
Alternatives
Slang/Informal:
- Bet the farm / Betting the ranch
- Go for broke (Aiming for maximum gain by risking everything)
- Shoot the works / Shoot the moon (Risk everything on a single attempt)
- All in (From poker)
Vulgar/Emphatic:
- Risk your whole ass / Put your ass on the line (Risk significant personal consequences)
Milder/Formal:
- Over-concentrate resources / Over-concentrate risk
- Fail to diversify
- Stake everything on a single outcome
- Lack contingency planning
Situational Appropriateness
- Appropriate in most contexts – informal, semi-formal, and formal.
- Very common when discussing finance, investment strategy, career choices, or any situation involving significant risk concentrated on a single outcome. It's standard advice.
Misunderstanding Warnings
- The metaphorical meaning related to concentrating risk is strong and usually very clear. Unlikely to be misunderstood as literal eggs.
Examples
- Financial advisors usually recommend diversifying investments rather than putting all your eggs in one basket.
- She applied only to her dream university; she's really putting all her eggs in one basket.
- He quit his stable job to focus solely on his startup, essentially putting all his eggs in one basket.
Dialogue
Father: I hear you invested your entire life savings into this new cryptocurrency?
Son: Yeah, Dad! It's going to the moon!
Father: Son, I'm worried you're putting all your eggs in one basket. That sounds incredibly risky. Have you thought about diversifying?
Son: No need, Dad. This one's a sure thing!
Father: (Sighs) I hope you're right, but please be careful.
Social Media Examples
- Tweet: Startup advice: Don't put all your eggs in one basket. Diversify your revenue streams early on. #Entrepreneurship #BusinessTips
- Facebook Post: Decided to focus all my energy on training for this one marathon. Putting all my eggs in one basket for a personal best! Wish me luck! 🙏 #Running #MarathonTraining
- Investment Forum: Warning to newbies: Avoid putting all your eggs in one basket, especially with volatile assets like crypto. #Investing #RiskManagement
Response Patterns
- Agreement with caution: You're right, that's too risky. / Good advice, diversification is key.
- Justification of risk: I know it's a risk, but I have strong reasons to believe this will succeed. / Sometimes you have to go all in.
- Denial: I'm not really putting all my eggs in one basket; I have other options/savings.
- Acknowledgment: Yes, I realize I'm putting all my eggs in one basket.
Common Follow-up Questions/Actions
After advising someone *not* to put all their eggs in one basket:
- Have you considered spreading the risk?
- What's your contingency plan if this doesn't work out?
- Suggesting alternative options or diversification strategies.
After someone admits to putting all their eggs in one basket:
- Expressing concern: Are you sure that's wise? / That makes me nervous for you.
- Asking about their confidence level or rationale.
Conversation Starter
- No. Typically used as advice, a warning, or a comment on a specific strategy or decision involving risk concentration.
Intonation
- Often stresses all, eggs, one, basket. Put ALL your EGGS in ONE BASKET.
- Typically said with a cautionary tone, often as advice (usually in the negative: Don't put all your eggs in one basket) or as a critical observation.
Generation Differences
- Widely known and understood proverb across all generations.
Regional Variations
- Universally understood and used in the English-speaking world.