Mental Model: Pareto's Principle

It's the 80/20 rule, also known as the Law of the Few.  It's a pattern that emerges in different phenomena - 20% of the causes are responsible for 80% of the effects.  In this episode we explore the implications of this mental model in investing, and see how it applies in other areas of life as well. --- Instagram: stockstories1 Email: [email protected]