The saying ‘Don’t put all your eggs in one basket’ best describes b. diversification. This phrase is often used to highlight the importance of spreading out your investments to reduce risk. When you put all your resources into a single venture or investment, you run the risk of losing everything if that one endeavor fails. By diversifying your investments across different assets or sectors, you can minimize the potential impact of a downturn in any one area, thereby lowering your overall risk and increasing your chances of financial stability and growth.