Pareto Analysis and 80/20 Rule - Overview 80/20 Rule Illustration Pareto Analysis: what is it? A Pareto Analysis uses the Pareto Principle that assumes that the large majority of outcomes or effects (Typically 80%) are driven by a few important causes (Typically...
The famous American hedge fund billionaire Ray Dalio made this brilliant post about the 20/80 Rule which is also sometimes called the Pareto Rule or the Pareto Law: The 80/20 Rule The 80 20 Rule states that you get 80 percent of the value out of something from 20...
