“give me the fruitful error any time –
you can keep your sterile truth for yourself”
vilfredo pareto (1906)
effort is rewarded from focus
eighty | twenty heuristic
vilfredo believed in a data-driven approach
he saw it in his garden
he looked for it in his country
and he found it
everywhere
consider
a natural power law
first observed
in nature
therefore applicable
in nature
eighty percent of the peas are growing from twenty percent of
the plants
eighty percent of the wealth is owned by twenty percent of
the people
eighty percent of the x is twenty percent of
the y
fascinating
so
understand your sets | givens | variables
understand your odds
focus your effort
cut away excess
flip the coin
loop
the symmetry and simplicity of the curve is luck made manifest