More than Gold and Oil, page-45

I'm more of a choose 4 brilliant investments than 10 Ok ones guy.

I think it is Ok to have all your eggs in one basket providing you are in a liquid asset that you can exit quickly (if necessary). A semi-illiquid asset like a spec stock so it depends on your investment level.

If you have $50k riding on EMC you're fine, if you have $5m it may well be difficult to exit when needed.

The only other caveat is that 'all eggs in one basket' tend to not sell when they are down 30-40% and the writing is on the wall. If you think you can sell at a large loss and push the red button when the time is required then you are Ok. Many investors tend to hold on with hope being the only remaining strategy. Not good