Chances of another stock market crisis - Paretos Principle
In 1848 Italian Vilfredo Parato was born and his insights today ring true in almost every facet of life. He observed that 80 percent of the land in Italy at the time was owned by 20% of the people, this also correlated to the fact that 20% of the pea pods in his garden contributed to 80% of the actual pea production. This principle is famous in business and a naturally recurring phenomena.
With the looming second round of the global financial crisis hiding around the corner we have to consider the chances of this occurrence happening.
Chances of another stock market crisis - Paretos Principle
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