A point Doug Casey likes to make is that you can iterate on the Pareto Rule: i.e. you can get 80% of that 80% with 20% of that 20%.
In other words, you can accomplish 64% as much with only 4% of the effort.
Yes, Casey often makes that point in regards to stock choices. You can also say that it applies a lot to commodity markets in respect to when to hold ‘em and when to fold ‘em.
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