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The Pareto principle is a principle, not a law, agreed: https://en.wikipedia.org/wiki/Pareto_principle https://en.wikipedia.org/wiki/Pareto_principle The conf
by samatman 4y ago
The Pareto principle is a principle, not a law, agreed:
https://en.wikipedia.org/wiki/Pareto_principle https://en.wikipedia.org/wiki/Pareto_principle
The conflation being at the root of most of what you said is unfortunate: Pareto's law would indeed be a bad law, if it existed.
Yes, I think the world is full of situations where 80% of the payoff comes from 20% of the work.
I'd even be cheeky and say that the Pareto principle applies to about 80% of situations.
- xcambar 4y agoSo for 20% of the situations, you have to do more than 20% of the work to get 80% or less of the payoff?