Quantum Thinker·Feb 26SECRET OF 1% — Why law of simple consistency was secret behind few people end up with most rewards.Sometime in the late 1800s (no one knows when), a man named Vilfredo Pareto was tending to his garden when he discovered a minor but noteworthy discovery. Pareto noted that the few pea pods in his garden yielded the most peas. Pareto was a highly mathematical individual. He was an…Pareto7 min readPareto7 min read
Leor Grebler·Feb 20Pareto In Different DimensionsAfter having some bad coffee awhile back, I decided to start sweetening with stevia. At the beginning, it was wonderful and turned any cup of coffee into the experience of drinking hot chocolate outside in the snow when I was a kid. However, watching a few coffee videos by James…Pareto2 min readPareto2 min read
Leor Grebler·Feb 11Thin LayersSome of the most important things to us occur as thin layers. The thin layer of atmosphere stuck by gravity around the earth’s surface contains all of the life that we know of in the universe. Below that, 1% of the earth’s radius is the inhabitable crust. …Pareto1 min readPareto1 min read
On Point for Sales, Marketing, Leadership·Jan 6Member-onlyPareto Principle 80:20 UpturnedTipping the balance for effective Sales & Marketing — Investing 80% for just 20% Returns? Try 20% for 80% instead? Borne out of Italy and not just designed to represent business, most people in commerce will be aware of Pareto’s Law and that 80% of turnover ‘typically’ comes from just 20% of clients. Understood to be reasonably accurate for many companies, the emotive element of this can be seen. For…Pareto3 min readPareto3 min read
4E Ventures·Oct 6, 202280/20 PRINCIPLE, EFFECTIVE INVESTMENT OF THE INVESTORSOne of the best strategies for managing enterprise productivity is the “Pareto Principle” or “80/20 Principle.” Learn with 4E and immediately apply it to crypto. Anyone may readily grasp and use the 80–20 rule because it is just a straightforward, uncomplicated strategy of capital management. …Pareto4 min readPareto4 min read
Nicolas MartininExcel In Retail·Sep 18, 2022Do less to do better: the 80/20 analysis to take efficient actions in less than 1 hourThe 80/20 analysis, also known as Pareto analysis, is used to maximise ones efforts towards most profitable elements. What is it about? Long story short, you need to look after the first 20% elements (products, clients, suppliers, vendors etc.) …Pareto5 min readPareto5 min read
SatyaInnovative·Sep 19, 2022Why don’t we get desired results?Why we don’t get desired results out of any given circumstances or interaction. This question is plaguing me from a long time, up till now. Though there is not a formula for tackling this puzzle but yes, I have distilled my own set of keys. Any situation be it two…Pareto2 min readPareto2 min read
Danny SheridaninFact of the Day 1·Aug 8, 2022August 8: Understanding the Pareto Principle (The 80/20 Rule)Source: Better Explained Published: January 2022 Understanding the Pareto Principle (The 80/20 Rule) Originally, the Pareto Principle referred to the observation that 80% of Italy’s wealth belonged to only 20% of the population. More generally, the Pareto Principle is the observation (not law) that most things in life (effort, reward, output) are not distributed evenly. So why is this useful? 20% of customers contribute 80% of revenue: Reward these loyal customers.Pareto1 min readPareto1 min read
Marcus TaninChange Your Mind Change Your Life·Jul 26, 2022Member-onlyWhen Working Hard at Your Job Isn’t EnoughWhy getting ahead requires more than just hard work? — Growing up we have been constantly taught the recipe for success is to put our heads down and outwork everyone else. That is the standard practice we have been taught in school our whole life. But that’s not quite right. At some point in your working career, you will realise…Pareto4 min readPareto4 min read
Jonathan Guerne·Jul 13, 2022Multi Objective Bayesian Optimization with BoTorchIntroduction This post presents how to solve a multi objective problem with the help of Bayesian Optimization through BoTorch [1]. Targeted audience for this post are developers looking for a hands on example of BoTorch implementation specifically for multi objective problems. …Pareto6 min readPareto6 min read
