Pareto principle [IMG] The Pareto principle states that, for...

Pareto principle


The Pareto principle states that, for many events, roughly 80% of the effects come from 20% of the causes. Management consultant Joseph M. Juran suggested the principle and named it after Italian economist Vilfredo Pareto, who noted the 80/20 connection while at the University of Lausanne in 1896, as published in his first work, Cours d'économie politique. Essentially, Pareto showed that approximately 80% of the land in Italy was owned by 20% of the population.
PEX top shareholders are even a little sharper than that-15% of shareholders own 88 % of the PEX-this is a very good news.
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