Invest in seven ventures, yes, in eight; you do not know what disaster may come upon the land.

Ecclesiastes 11:2

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Ship your grain across the sea; after many days you may receive a return.
Invest in seven ventures, yes, in eight; you do not know what disaster may come upon the land.

Ecclesiastes 11:1-2

Commentary

This is the “don’t put all your eggs in one basket” verse. Invest in 7 or 8 ventures, not in 1. If you have all your money tied up in one investment, then a disaster may wipe out that one investment. However, if you’re money is spread across many investments, a disaster that wipes one out won’t wipe them all out. In investing-speak, you should diversify.