Ep. 792: I Love This Podcast with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
00:00
The Power of Asymmetrical Distribution of Wealth
Vilfredo Pareto, who was at least a Swiss Italian economist slash sociologist, noticed that the distribution of wealth was very asymmetrical. This can be applied to your life on a more personal basis where I will look at what are the 20% of activities, commitments, people in my life who are producing 80% or more of my negative emotions,. Ferris: "I use that as a lens through which I view almost anything that I am doing or experiencing"
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