Tesla, Markets, Bitcoin, and Deere (Podcast)
Bloomberg Intelligence
00:00
The Pareto Principle
Pricing in their large ag business was up 22% in the first quarter here which is phenomenal. We've never seen anything like that before. There's just no inventory out there so pricing has just been remarkably strong. I mean construction strong a large ag very strong. That is referred to as the Pareto principle right. So it's the same in a lot of different things you could say for example 20% of the people have 80% of the wealth. Yep got it okay that makes sense.
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