The concept of diversification is captured by the statement
A)don't look a gift horse in the mouth.
B)don't put all your eggs in one basket.
C)it never rains,but it pours.
D)make hay while the sun shines.

Question

Quizplus · Accepted Answer

The phrase "don't put all your eggs in one basket" means to not concentrate all of your efforts or resources in one area. Diversification is important in investments because putting all of your money in one type of asset or investment can be risky. By spreading investments across different types of assets, such as stocks, bonds, and real estate, investors can reduce their overall risk and potentially increase their returns.

The Concept of Diversification Is Captured by the Statement