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Ep. 340: Tim Ferriss Interview with Michael Covel on Trend Following Radio

Michael Covel's Trend Following

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The 80-20 Rule

Tim Ferriss: Part of your better toolkit starts with the 80-20 rule. Vilfredo Paredo, who was at least a Swiss Italian economist, slash sociologist, noticed that the distribution of wealth was very asymmetrical. He began to look for this type of disproportionate output for a lesser input in all sorts of different areas. The customers who tend to be the most promising are also the lower maintenance customers, oftentimes not always.

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