"What is the Pareto Principle?Definition and explanation
The Pareto principle is the idea that, for many things, roughly 80% of the results come from 20% of the inputs. This is why the Pareto principle is also known as the 80/20 rule.
Back in the nineteenth century, while Italian economist Vilfredo Pareto was looking after his vegetable patch, he noticed a peculiar and remarkable thing - 20% of the pea pods in his garden were producing 80% of all the peas he harvested!
Some small part of his harvest was way more fruitful than the rest, and the average pea pod was much smaller than the very ‘best’.
Intrigued by this phenomenon, he explored more into why this unequal distribution happened and he found the same pattern elsewhere! In a paper published in 1896, he showed that 80% of the land in Italy was owned by 20% of the population!
It turned out that this 80/20 rule doesn’t apply only to peas and the distribution of wealth in nineteenth century Italy, but to all manners of things. The 80/20 rule, or the Pareto Principle, is all around us.
Pareto Principle examples and applications to real life
What’s the secret to getting more done with less effort? The lesson we should learn from the Pareto principle is that some inputs are vital, while others are trivial. If only old Vilfredo could have just planted the top 20% of his pea-pods, he wouldn’t have had to waste his time with all the rest.
Pareto principle in time management
The Pareto Principle has important implications for time management. If we can get 80% of the result with only 20% of the work, it shows that prioritising and focusing on a few key inputs might be more important than trying to nail everything down. This can apply at all levels, whether it’s working out what to revise for an upcoming exam, or setting new year’s resolutions that really focus on just a few of the most important changes.
Pareto principle in business
Maybe in your business 20% of your clients are providing you with 80% of your profits, while the worst 20% of them are just being a pain and making up for 80% of your frustration at work. Cutting out those worse 20% might make your job a whole lot more enjoyable at not much cost., . . ."
Regarding the Pareto Principle, I once read that we only wear 20% of the clothes we have. That put things into perspective for me! No sauce. Just an anecdote
If Musk is scared or weak he's sure hiding it well.
That doesn't mean he's a white hat, or even a grey hat, but I don't see any sign of malice or corruption in his handling of Twitter so far. Or of fear or weakness.
Lefties always blame symptoms, and never truly want to know about the cause. These people are stupid, and the dumb shit they say confirms it.
Did Cenk ever stop to ask WHY all those followers are shifting around? Maybe because they were boosted on one side and depressed on the other? This is too dangerously close to election fraud for them to ask real questions about.
Care to elaborate? I have thought long and hard on the "80% dark ops 20% public" thing as well as Q saying full disclosure would destroy the world and put 99% of people in a mental hospital (paraphrasing) and have my own thoughts on it but am wondering what you think.
Is 20% disclosure not good enough even if the other 80% do go down, it's just done on the down-low?
Part of me says fuck it, disclose everything, tell us all of it and let those of us who can handle it start fresh. Part of me says maybe partial disclosure is indeed the way go for the sake of the masses. I honestly believe the entire Catholic church would fall in an instant if all was revealed, for example.
I hear you friend. I'm tired too. So tired that I'm willing to accept 20% public 80% black ops as long as it does mean an end to the rampant corruption and a real new beginning where media and politicians are truly held accountable for their actions, and the framework to ensure this is upheld. If this truly happened, global prosperity and peace would spread like wildfire. The alternative is rather bleak.
I agree with you on religion, but I know that so many here are very religious and their hearts are in the right place as well. If the "Church" can be spared, but the cancer cut out, so be it. They won't need the wealth anymore either so the Vatican's assets will naturally be sold and the wealth distributed globally to the people. Same for the bankers, I reckon they've got a buncha trillion dollars kicking around that they've pillaged from us and all our families.
Fuck Cenk Uglier, this guy is a total fraud and on the take. He's a pretend lefty who gets youtube views for being outrageous. This just shows how clueless this guy really is
Could be.
Otherwise, it sounds like an application of the "80/20 Rule " also known as the "Pareto Principle".
http://web.archive.org/web/20210208031857/https://conceptually.org/concepts/pareto-principle
"What is the Pareto Principle?Definition and explanation
The Pareto principle is the idea that, for many things, roughly 80% of the results come from 20% of the inputs. This is why the Pareto principle is also known as the 80/20 rule.
Back in the nineteenth century, while Italian economist Vilfredo Pareto was looking after his vegetable patch, he noticed a peculiar and remarkable thing - 20% of the pea pods in his garden were producing 80% of all the peas he harvested!
Some small part of his harvest was way more fruitful than the rest, and the average pea pod was much smaller than the very ‘best’.
Intrigued by this phenomenon, he explored more into why this unequal distribution happened and he found the same pattern elsewhere! In a paper published in 1896, he showed that 80% of the land in Italy was owned by 20% of the population!
It turned out that this 80/20 rule doesn’t apply only to peas and the distribution of wealth in nineteenth century Italy, but to all manners of things. The 80/20 rule, or the Pareto Principle, is all around us.
Pareto Principle examples and applications to real life
What’s the secret to getting more done with less effort? The lesson we should learn from the Pareto principle is that some inputs are vital, while others are trivial. If only old Vilfredo could have just planted the top 20% of his pea-pods, he wouldn’t have had to waste his time with all the rest.
Pareto principle in time management
The Pareto Principle has important implications for time management. If we can get 80% of the result with only 20% of the work, it shows that prioritising and focusing on a few key inputs might be more important than trying to nail everything down. This can apply at all levels, whether it’s working out what to revise for an upcoming exam, or setting new year’s resolutions that really focus on just a few of the most important changes.
Pareto principle in business
Maybe in your business 20% of your clients are providing you with 80% of your profits, while the worst 20% of them are just being a pain and making up for 80% of your frustration at work. Cutting out those worse 20% might make your job a whole lot more enjoyable at not much cost., . . ."
Very interesting, thanks!
Regarding the Pareto Principle, I once read that we only wear 20% of the clothes we have. That put things into perspective for me! No sauce. Just an anecdote
If Musk is scared or weak he's sure hiding it well.
That doesn't mean he's a white hat, or even a grey hat, but I don't see any sign of malice or corruption in his handling of Twitter so far. Or of fear or weakness.
Chunk Yogurt
This is the same guy who thinks beastiality should be legal in the United States..
Cenk is an unsmart asshole of the first order.
Lefties always blame symptoms, and never truly want to know about the cause. These people are stupid, and the dumb shit they say confirms it.
Did Cenk ever stop to ask WHY all those followers are shifting around? Maybe because they were boosted on one side and depressed on the other? This is too dangerously close to election fraud for them to ask real questions about.
Care to elaborate? I have thought long and hard on the "80% dark ops 20% public" thing as well as Q saying full disclosure would destroy the world and put 99% of people in a mental hospital (paraphrasing) and have my own thoughts on it but am wondering what you think.
Is 20% disclosure not good enough even if the other 80% do go down, it's just done on the down-low?
Part of me says fuck it, disclose everything, tell us all of it and let those of us who can handle it start fresh. Part of me says maybe partial disclosure is indeed the way go for the sake of the masses. I honestly believe the entire Catholic church would fall in an instant if all was revealed, for example.
I hear you friend. I'm tired too. So tired that I'm willing to accept 20% public 80% black ops as long as it does mean an end to the rampant corruption and a real new beginning where media and politicians are truly held accountable for their actions, and the framework to ensure this is upheld. If this truly happened, global prosperity and peace would spread like wildfire. The alternative is rather bleak.
I agree with you on religion, but I know that so many here are very religious and their hearts are in the right place as well. If the "Church" can be spared, but the cancer cut out, so be it. They won't need the wealth anymore either so the Vatican's assets will naturally be sold and the wealth distributed globally to the people. Same for the bankers, I reckon they've got a buncha trillion dollars kicking around that they've pillaged from us and all our families.
It is actually. Anons later asked for 40% public and Q agreed.
Fuck Cenk Uglier, this guy is a total fraud and on the take. He's a pretend lefty who gets youtube views for being outrageous. This just shows how clueless this guy really is