The Old 80 / 20 Rule - Alive and Well
We've all heard of the "80/20 rule" (or Pareto Principle, if you want to get all snooty about it.)
This basically states that for many events, 80% of the effects come from 20% of the causes. Well here's a chart that suggests at least in the financial world - most of the effects happen 20% of the time.
Thought that was kind of interesting....
It's also proof that we need a 4 day weekend...:)
I'm shorting Mondays and Fridays from here on in.
This basically states that for many events, 80% of the effects come from 20% of the causes. Well here's a chart that suggests at least in the financial world - most of the effects happen 20% of the time.
Thought that was kind of interesting....
It's also proof that we need a 4 day weekend...:)
I'm shorting Mondays and Fridays from here on in.
