Quote by Andrew Carnegie

The way to become rich is to put all your eggs in one basket and then watch that basket.


The way to become rich is to put all your eggs in one basket

Summary

This quote suggests that the key to achieving wealth is by focusing all of your resources and efforts into one particular endeavor or investment, instead of spreading them out. By "watching that basket," it implies that one needs to closely monitor and be attentive to the chosen path in order to facilitate success. This viewpoint promotes the idea of committing fully to a single venture or strategy, emphasizing the importance of dedication, monitoring, and taking calculated risks to attain financial prosperity. However, it also bears the risk of failure if the chosen basket fails.

Topics

Finance
By Andrew Carnegie
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