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Sep212006

vilfredo pareto

DateThursday, September 21, 2006 at 10:52AM

Some of you may know the 50/50/90 rule: Anytime you have a 50-50 chance of getting something right, there's a 90% probability you'll get it wrong.

This may remind you of the famous 80/20 rule: in any situation, 20% of the causes produce 80% of the results.

You might not know that a brilliant Italian economist formulated an early precursor of this law, today's great Italian, Vilfredo Pareto.

Authorfrancesco | CommentPost a Comment |

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