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The Paretto Principle
I mentioned in a new thread I started about compiling a ratings system about the Paretto Principal.
Now, I wont bore you because I am sure that everybody knows about it. But briefly this Mr Paretto an Italian mathamatician came up with the theory that 20% of what we do accounts for 80% of our outcomes. Convewrsley it applies also. 80% of what we do only produces 20% of our otcomes or results. Now, here is my thought. Because so many on here are trying to add one more filter to a system for the Holy Grail what if we did the opposite? Let's get back to the basics and not overcomplicate things. If Mr paretto was a race horse punter I wonder what he would consider important in his 20% and what he would put in his 80%. I could go on but will see if anybody else wants to follow along and add to this little idea. As always these things are not to be taken to seriously but often when discussing things like this little gems or ideas might show up. Star |
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