5th July 2012, 09:28 PM
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Member
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Join Date: Jan 1970
Posts: 589
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Quote:
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Originally Posted by Star
Gary,
I think everything what you and others have said are all part of the 100%. Unless we know all or most of the key ingredients in my opinion it is impossible to break it all down to 20/80.
Thanks and keep on " unzipping the lip " this thread is really enjoyable and I for one am getting a lot out of it.
Star
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Star. What you have missed is that the Privateer's method of selection, his Pareto Rules, were stat based. Pure numbers based on past performance. He worked out where 80% of the income came from the 20% of data. The adding of recent knowledge, or the present, is a totally different equation. If you are going to apply the Pareto principle to the total sum OLD + NEW then you have to apply it to each then add them together. Beton |