6th July 2012, 06:21 AM
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Member
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Join Date: Dec 2009
Posts: 217
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Quote:
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Originally Posted by beton
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
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Thanks Beton.
What I have missed is Privateers Paretto thread. Counting backwards I am now down to page 199 and have only seen references to it. But all going into memory bank.
But I have found some great reading on the way through, thanks for the heads up. It is appreciated.
Possibly Privateers 20% will not fit in with my plays because of personal preferences and personalities, Bank, time and perceived and actual outcomes.
Were all different, which makes forums like this great because they help to widen ones outlook .
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