Put all your eggs in one basket, and then watch the basket

As for the proverb 'Don't put all your eggs in one basket', that, in Carnegie's opinion, was nonsense. His advice was to 'put all your eggs in one basket, and then watch the basket.'

Carnegie, of course, was preaching what he had practiced, for those were the methods he had used to get to the top (although, to give a rounded picture, he should also have mentioned the benefits of insider trading, crony capitalism and screwing down wages).

D. Reynolds, America: Empire of Liberty (2009), 245