Old Ship Fleet: uncertainty and risk.In the old days, buying a trading ship posed risks due to natural disasters. Later on, people could have option to buy lets say a 10% share in a fleet of 10 trading ships. When one ship goes down, it doesn't ruin your "portfolio".
I think the concept about not putting all eggs in one basket fits well into risk taking.
Then you have some investors claim, you put all your eggs into one basket - and guard the basket.
The ship fleet works as a syllogism about uncertainty. Math (probability of disaster on statistical basis). And risk taking.
Eggs in one basket is a syllogism about losing everything. But not uncertainty or risk-taking per se.
-> In competitive spaces, with only few or one winner. With exponential, explosive returns -- diversifying or putting eggs in separate baskets make no sense. "Fortune favors the bald" is a better way to describe it.
but it says nothing about mathematical side of uncertainty or risk taking. Hence the "old ship fleet".
